The automotive sector represents the nation’s No. 1 export industry and is responsible for driving job creation and economic growth across the country. The U.S. automotive sector has seen its exports rise by 76% since 2009.
Each year, Ford, General Motors, and Stellantis export about 1 million American-made vehicles to more than 100 different foreign markets. This is further evidence of the economic significance of U.S. exports to job creation.
Increased exports have far reaching impacts on the economy overall. Ford, General Motors and Stellantis produce more of their vehicles, buy more of their parts, conduct more of their research and base more of their workers in the United States than their competitors. These differences represent billions of dollars in investment and purchases, representing millions of American jobs.
Automaker and Supplier Exports (in billions)
The U.S. automotive sector has seen its exports rise by 76% since 2009.
For Immediate Release:
November 14, 2014
Contact: Colin Dunn
The yen neared its weakest level in seven years on Thursday and Tokyo’s stock indices once more outperformed their Asian peers with the prospect of a snap el
The Obama administration faces pressure to include currency provisions in a new Pacific Rim trade pact, with Republicans and Democrats citing swings in the y
Toyota Motor Corp.
Looking for ways to stimulate economic growth and create jobs, US President Barack Obama’s administration is seeking to press ahead with the mega-regional fr