The Alliance for Automotive Innovation, the association representing vehicle manufacturers, released Driving Force, a new economic impact report highlighting the automotive industry’s many contributions to the American economy with state-by-state breakdowns of employment, trade, revenues, manufacturing investment and assembly facilities, GDP and more.
- Combined, the automotive ecosystem drives more than $1 trillion into the U.S. economy each year – 4.9 percent of GDP;
- 6 million jobs coast to coast supported by the auto industry;
- Motor vehicles and parts were the second largest U.S. export in 2021 — more than $105 billion in goods – a 16 percent
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.