Deployment Rollout Estimate of Electric Vehicles 2011-2015

Jan 1, 2011

The purpose of this study is not to forecast sales of electric vehicles; rather, this study‘s aim is to estimate electric vehicle deployment by state. In order to create these estimates, CAR examined forecasts of total electric vehicle sales in the U.S. to generate a reasonable approximation of what electric vehicle sales might look like for the period 2012 to 2015. The national estimates used in this paper do not constitute a CAR forecast and only reflect projections that were available at the time of this study. In the study, Table 6 denotes the percentages used by CAR to divide national electric vehicle sales among states. With the state percentages, one could select any forecast and generate state-by-state results for that forecast.

CAR Research Memorandum: The Impact on the U.S. Economy of the Successful Automaker Bankruptcies

Nov 1, 2010

In late 2008 and throughout much of 2009, the global economy was in recession and the world’s automotive industry was in crisis. In the United States, automotive sales plummeted to historically low levels, both automotive commercial and consumer credit availability contracted sharply, and critically, two major automotive manufacturers—General Motors and Chrysler—were on the brink of collapse.

CAR Research Memorandum: The Economic and Fiscal Contributions of the “Cash for Clunkers” Program – National and State Effects

Jan 1, 2010

The Consumer Assistance to Recycle and Save (C.A.R.S.) Program, commonly called “Cash for Clunkers” (C4C), was a $3 billion government incentive to boost automotive industry sales that was in place July 24, 2009 through August 24, 2009. The program was widely hailed as a success since 677,081 individuals traded in their older and less fuel efficient vehicles for new vehicles. During this 32-day period, 2009 new vehicle sales peaked and, for the first time in a long time, the industry experienced the first signs of recovery. Aside from the potential environmental benefits associated with the program, the major purpose was to create jobs in the devastated automotive sector of the U.S. economy.

The Economic and Environmental Impacts of a Corporate Fleet Vehicle Purchase Program

Oct 1, 2009

The global recession and climate change have placed a premium on policies and practices that can create jobs while also addressing environmental challenges. In the United States, the business community has an opportunity to lead the way by shifting corporate vehicle fleets from reliance on the standard internal combustion engine to more fuel-efficient technologies and alternative fuels. On a large scale, such a move could substantially reduce carbon emissions by reducing the use of fossil fuels and supporting thousands of new jobs. As discussed later in this paper, if half of U.S. corporate fleets embraced alternative fuels, the potential annual reduction of carbon fuels could be the same as removing 1.2 million gasoline-powered vehicles from U.S. roads. The number of jobs created or preserved to produce the alternative vehicles could total 20,000

CAR Research Memorandum: The Impact on the U.S. Economy of Successful versus Unsuccessful Automaker Bankruptcies

May 1, 2009

The automotive industry has long been, and continues to be, one of the most important sectors in the U.S. economy. The motor vehicle and parts manufacturing industries employed 597,000 workers directly, as of March 2009, and the Detroit 3 employed 202,8002 hourly and salary workers in the United States, as of February 2009. The international producers employed 107,5003people in the United States in January 2009. The auto industry has one of the largest economic multipliers of any sector of the U.S. economy, and is sufficiently large that its growth or contraction can be detected in changes in the U.S. Gross Domestic Product. In many states, employment in automotive and automotive parts manufacturing ranks among the top three manufacturing industries.

Contribution of Honda to the Economies of Seven States and the United States

Jan 1, 2009

The motor vehicle industry is the largest manufacturing industry in the United States. No other single industry is linked as closely to the U.S. manufacturing sector or directly generates as much retail business and employment as the motor vehicle industry. This study describes the economic contribution of American Honda Motor Co., Inc. and all of its U.S. Honda-affiliate companies.

CAR Research Memorandum: The Impact on the U.S. Economy of a Major Contraction of the Detroit Three Automakers

Nov 1, 2008

The automotive industry has long been, and continues to be, one of the most important sectors in the U.S. economy. The motor vehicle and parts industries employed 732,800 workers directly as of September, 2008, and the Detroit Three employed 239,341 hourly and salary workers in the United States at the end of 2007. The international producers employed roughly 113,000 people in the United States at that time. The auto industry has one of the largest economic multipliers of any sector of the U.S. economy, and is sufficiently large that its growth or contraction can be detected in changes in the U.S. Gross Domestic Product. In many states, employment in automotive and automotive parts manufacturing ranks among the top three manufacturing industries. The purpose of this memo is to estimate the economic impact—in terms of jobs, compensation and tax revenues—of a major contraction involving one or more of the Detroit Three automakers.