American Jobs Due to Auto Sales
June 6, 2008
Love or hate the big three, they are employing more Americans than the IMPORTS......
This is a website that studied the impact of auto sales in the USA and determined the number of American jobs that are a result of those sales. It does not add in the impact of the American shareholders financial impact. Click here to go to the site.
This is an excerpt from this site:
At Level Field, we believe the most accurate way to judge an automaker's contribution to the U.S. economy is to examine the number of jobs that company supports on a car-by-car basis. ……
In a nutshell, the JPC Score helps you see how many U.S. workers a particular company employs for every 2,500 cars it sells here. You can then compare that company's score with its competitors—and you can see how the differences between companies change over time. …….
At the top end, Chrysler employs 83 workers for every 2,500 cars it sells, while Ford and GM follow with 80 and 71. Toyota scores 33, while Hyundai scores 15. …….
Because Ford, GM and Chrysler conduct far more of their research, design, engineering, manufacturing and assembly work in the U.S. than foreign automakers do, buying a Ford, GM or Chrysler supports two to three times more jobs than buying the average foreign automobile. Some comparisons are even more striking. Buying a Ford supports more than six times more jobs than buying a Hyundai. …….
In some cases, autos assembled outside the U.S. by companies based here support significantly more U.S. jobs than autos assembled here by companies with most of their engineering, design and headquarter jobs located overseas. For example, a Ford assembled in Mexico this year will likely support approximately six times more U.S. jobs as a Hyundai assembled in Alabama . ……
With $17 billion in U.S. R&D just last year alone, they (Ford, GM, Chrysler) invest more than pharmaceuticals, software and aerospace industries.
Our decision to purchase an auto has a definite impact on where our money goes and who benefits from that purchase.
