Level Field Institute
US Elections Calendar ~ Pervez Musharraf ~ Iftikhar Muhammad Chaudhry ~ Other International News
Home / International News / Press Releases / May 05, 2008
Exactly How Much Does Your Car Contribute to the U.S. Economy? A New Online Service Tells Consumers the Jobs and Economic Impact of Their Auto Purchase

Top News

Karnataka High Court orders Ramoji Rao to appear in Ballari Court

At least 32 persons including six security men injured in grenade attack in J-K

Nepal may choose Indian-origin president today

TomKats daughter Suri is too old to drink from bottle

Wipro posts Rs 908 Crore net

China prepares to greet Olymipics visitors with a warm Hello

Now, a painless microneedle that mimics a mosquitos bite

Rise in research journals online causing researchers to cite fewer, newer papers

Exactly How Much Does Your Car Contribute to the U.S. Economy? A New Online Service Tells Consumers the Jobs and Economic Impact of Their Auto Purchase

- JobsPerCar.com Allows Consumers to Compare Cars and Determine their Jobs-Per-Car Rating and Domestic Parts Content -

WASHINGTON, May 5 /PRNewswire/ -- An online service launching today gives consumers a valuable new resource for making auto purchase decisions. Just as they can turn to Consumer Reports for reliability ratings, or the Insurance Institute for Highway Safety for crash test results, consumers can now use JobsPerCar.com to understand how many American jobs each automaker supports and the level of domestic content in individual cars.

"Every automaker promotes its U.S. plants in its ads and PR, because every year millions of car buyers care about where their cars are made and how much their purchase will contribute to our economy," said Level Field spokesperson Mike Behm. "Now car buyers have a simple, easy way to look past those ads and get a clear picture of how each automaker supports U.S. jobs."

Consumers use the new online service by comparing the make and model of up to four vehicles at a time. They instantly receive reports on each, allowing them to compare how many jobs each company supports on a car-by-car basis, where the vehicle was built, and how much of the parts in that vehicle are "domestic" (as defined by the U.S. Government). The service uses 2007 data, which is the most current available.

For example, someone comparing a Ford Taurus with a Hyundai Elantra will see that the Ford supports almost seven times as many jobs per car than the Hyundai, contains ninety times more domestic parts, and was assembled in North America (versus Korea, for the Elantra). Similarly, someone comparing a Honda Accord with a VW Passat will see that the Accord supports more than twice as many jobs per car, contains sixty-five times the domestic parts, and was assembled in North America (versus Germany for the Passat).

Behm continued, "The service generates some surprising results. GM uses substantially fewer employees to build a car, but still manages to employ more than 40 times more Americans than VW. Honda employs fewer Americans than Toyota, but supports more jobs on a car-by-car basis."

"Meanwhile, a Hyundai built in Alabama actually has less domestic content than a Ford Fusion built in Mexico," Behm said. "Hyundai assembles Sonatas in Alabama, but it builds their engines and transmissions in South Korea. The fact is, if Ford, GM and Chrysler used as few domestic parts as the typical foreign automaker, about $95 billion in U.S. parts sales and about 1.8 million U.S. jobs would move overseas."

Recent research conducted by Level Field Institute found that seventy-four percent of Americans are more likely to buy a car if the company producing it employs significantly more U.S. workers than its competitors. Seventy-eight percent of those polled said they pay at least "some" attention to where the parts of an automobile are made. And knowing more about the differences between automakers has a powerful impact on purchase intent, according to the study. More information on the study is available at http://www.levelfieldinstitute.org.

About Level Field Institute

Level Field seeks to promote U.S. jobs, R&D and infrastructure investment by offering clear comparisons of how various automakers contribute to the U.S. economy. Established by retirees and families of GM, Ford, DaimlerChrysler, and the suppliers and dealers that support them, the Level Field Institute also has the support of major manufacturers, suppliers, dealers, unions and others who care about these issues. Level Field welcomes foreign automaker investments and supports free trade.

SOURCE Level Field Institute

International News / Press Release source: PR Newswire
Copyright PR Newswire. All Rights Reserved.

International Business News / Press Releases

/C O R R E C T I O N -- China Sky One Medical, Inc./
PR Newswire

Cohen & Steers Funds Quarterly Data Now Available
PR Newswire

Galderma Announces Approval for Differin(R) Gel 0.1% in Japan
PR Newswire

Back-to-Back Top 10 Finishes for Indy Racing League Rookie Mario Moraes
PR Newswire

MutualFirst Announces Increased Second Quarter 2008 Earnings
PR Newswire

International Automotive News / Press Releases

Photos: All-New Kia Borrego Latest Entry in Midsize SUV Segment
PR Newswire

Harbin Electric Completes Acquisition of Hengda Electric Motor, a Leading Industrial Rotary Motor Business
PR Newswire

Detroit International Auto Salon & Guangzhou Auto Parts and Accessories Global Sourcing Center Pen Agreement
PR Newswire

CSM Worldwide Expands Asian Operations With New Office in Korea, Names Chan Kyu Lim Director
PR Newswire

Vice-premier of China's State Council, Li Keqiang Visited SORL Auto Parts
PR Newswire

Labor News / Press Releases

Fair Labor Association Board Holds First-Ever Meeting in Asia
PR Newswire

Activists Converge on McCain HQ to Protest Campaign's Ties to Buyout Industry
PR Newswire

Republican National Committee: Obama Tries to Have It Both Ways on Free Trade Issue
PR Newswire

Labor Relations Darken at Hawaiian Airlines
PR Newswire

American Axle & Manufacturing Announces Contract Ratification with the International UAW
PR Newswire