As per the recent survey of cars.com, 66% of Americans stated that they want to buy a car that contributes to the American economy. Here, one thing needs to be kept in mind: American cars are mostly assembled in the USA.
Now, one question might have popped up in your mind after learning the survey result, does buying American cars help the economy? Well, buying American cars helps increase the local economy drastically. Moreover, when the economy rises, manufacturers decide to expand their business, creating more job opportunities for citizens.
This comprehensive guide will give you a more in-depth discussion regarding how buying American cars impact a local economy. Keep on reading!
Does Buying American Cars Help the Economy?
The straightforward answer is, “YES,” buying American cars helps the economy. When Americans buy a product with the saying “Made in America,” they feel satisfied and proud.
Buying American cars is surely boosting the economy of America and supporting American jobs. At the same time, buying from a domestic company guarantees that the manufacturer follows the American labor law and manufacturing requirements.
So, it is easy to understand that buying American cars boosts the economy.
However, understanding the real-life experience of these benefits is not always easy. The domestic economy is related to the local economy. This means that when you support the domestic economy, you support the local economy.
Buying an American-made product is basically encouraging a business to provide jobs for the citizens of America. More jobs mean more exchange of money in the local economy. Thus, it creates a chain reaction, leading to the below points,
- More investment in local industries
- Increase in tax revenue
- Expanding job opportunities throughout the country
- Growth of the automobile industry
Happily, the growth of the local economy benefits future generations. Consumers’ buying decisions on American cars affect the balance between demand and supply. When the demand for American cars increases, manufacturers get pressure to keep the manufacturing facility inside the country. In a nutshell, buying an American car helps the country put money into the domestic automotive industry.
Moreover, domestic manufacturers offer job opportunities to future generations of workers. In addition, domestic businesses expand other services such as construction and energy. It seems that buying American cars benefits citizens in the long run.
Overall, buying the best American cars increases competition and encourages manufacturers to make better cars in the long run. The more manufacturers enter the industry; the more job opportunities are created, boosting the economy.
15 Most Helping Cars in the American Economy
Looking at the manufacturer names of the below-enlisted cars, you may think they are non-American. In fact, the below car models are manufactured and assembled at different factories in America. These cars helped the American economy a lot to grow.
Toyota Tundra: This is one of the popular models from Toyota and is assembled in San Antonio, Texas. Toyota Tundra handles perfectly and drives smoothly. Its interior is also well-built.
Honda Accord: The performance of the Honda Accord satisfies several customers. This car offers a smooth driving experience.
Ford F-150: It is one of the best-selling vehicles in America. With 2 manufacturing facilities in Dearborn, Michigan, and Claycomo, Missouri, the Ford F-150 features all innovative and advanced technology
Toyota Avalon: Toyota Avalon is assembled in Georgetown, Kentucky. Customers are mostly impressed and satisfied with the comfortable seats, roomy interior, and user-friendly infotainment system of the Toyota Avalon.
Chevrolet Camaro: Chevrolet is a reputed automaker in the USA, and their Camaro model’s assembly point is Lansing, Michigan.
Acura RDX: Acura RDX is one of the delightful SUVs in the automobile industry, and its assembly point is East Liberty, Ohio.
GMC Canyon: GMC Canyon is the sibling of Chevrolet and is assembled in Wentzville, Missouri. The frequency of problems is low with GMC Canyon. Therefore, you won’t have to break your bank for its repairs.
Chevrolet Colorado: According to a cars.com study, a higher amount of Chevrolet Colorado is sold annually in America. This midsize pickup van’s assembly point is Wentzville, Missouri, an assembly plant.
Honda Pilot: One of the strong sellers and good for the American Economy is the Honda Pilot. Like all other Honda vehicles, it is assembled in Lincoln, Alabama.
Acura MDX: The factory of Acura MDX is situated in East Liberty, Ohio. This vehicle has a notable impact on the American Economy.
Chevrolet Corvette: Chevrolet is an iconic sports car in the U.S. This vehicle has the strongest impact on the American economy.
Honda Passport: SUVs are popular in America, and Honda Passport meets all the requirements of SUV lovers. For this reason, you will see many Honda Passports on the highways. This car is assembled under the sprawling facility of the manufacturer in Lincoln, Alabama.
Honda Ridgeline: Honda pickup truck is assembled in Lincoln, Alabama. In reliability rating, Honda Ridgeline received 3.5 out of 5. Leather-trimmed interior, 5-person seating capability, excellent towing capacity, etc., are the prime selling point of this car.
Honda Odyssey: Honda dominates the list of the most helping cars in the American economy. The Honda Odyssey is a minivan that most American citizens admire for its amazing performance on the road. It is assembled in Lincoln, Alabama, by maintaining all the regulations and labor laws of America.
Jeep Cherokee: Amazingly, this is the only car that meets the criteria of Cars.com. This car is from The Most Helping Cars in the American Economy and has created a positive and strong impact on the economy of America. The Jeep Cherokee has been one of the popular cars in America for decades. This car is assembled in Belvidere, Illinois.
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The Importance of Buying American-made Products
Buying American-made products has several benefits, from sustainability to national pride. Read the below section to learn the importance,
Increases Sustainability, Minimize Transportation
American cars are engineered with eco-friendliness in mind. For this reason, the emission of harmful gas is lesser than in other cars. Moreover, if you order a car from overseas, the car will reach your doorstep by traveling a long way by either plane, truck, boat, or train.
More traveling burns more fuel. We all know that fuel is a nonrenewable resource and releases harmful carbon into the atmosphere.
While buying from a domestic manufacturer, your selected car will not travel much. As a result, buying domestically significantly minimizes carbon emissions.
Safer Labor Law
Following domestic labor law is a must for every American manufacturer. Sadly, many countries don’t have a safe labor law. So, buying from a foreign manufacturer means you are supporting a place where labor law is not standardized, has unsafe working conditions, and the minimum wage is not set. However, this is not always the case. Learning about the practices of non-American cars manufacturer is quite challenging.
American cars are the best option when you prefer buying a car from manufacturers following safe and fair conditions. OSHA regulations and child labor are 2 crucial American regulations, giving you peace of mind that the safest labor law is maintained. Buy cars from a company that complies with domestic labor law and supports safe, fair, and humane labor law.
Trustworthy Quality Standards
Everyone wants to buy the best product, and American manufacturers are promised to give you the best products on the market.
American car manufacturers focus on quality. Safety and health regulations and quality workers combine and provide long-lasting cars. You can buy a car with a “Made in America” sticker, delivering reliable and effective performance for many days.
After buying an American car, you can be assured that the car comes with superior craftsmanship and care.
Why are Foreign Cars Better than American Cars?
Every car has distinctive features, whether made in Asia, Europe, or America. American manufacturers focus on trucks and SUVs. On the other hand, foreign automobile manufacturers prefer compact designs. American and foreign car makers are different in the following characteristics,
Reliability: Although the reputation of American cars has increased over time, they still lack reliability and performance than foreign cars. Japanese car brands Lexus, Mazda, Toyota, etc., are more reliable than American car brands Ford, Chevrolet, Tesla, and so on. A reliable car doesn’t need frequent repairs. Also, they deliver long-lasting performance.
Fuel Efficiency: Foreign cars’ fuel efficiency is better than American cars. Frequently filling the tank with fuel is unnecessary if you own a foreign car. Thus, they help you save valuable time, money, and effort. Moreover, fuel-efficient cars are eco-friendly.
Price: American cars are much more affordable in comparison to foreign cars. However, still, some foreign car brands sell cars in affordable price ranges.
So, now you know the answer to “does buying American cars help the economy?” In fact, buying American cars creates a chain that not only impacts the automobile business but also expands other businesses.
Day by day, American cars are improving their design quality and introducing advanced technology in their vehicles. Thus, people are interested in American car brands instead of foreign ones.