Chevrolet Corvette Tops Economic Study from American University
The Chevrolet Corvette Tops Economic Study and is not only fast and fun, it leads the way. Are you in the market for a new car and want to buy one “Made in America”? Well that new car sticker may not tell the whole story. So Professor Frank DuBois of Kogod School of Business at American University has crafted the Kogod Made in American Auto Index to show a more complete view. Chevrolet’s Corvette led the way, being the “American made” marque with the most positive impact on the United States’ economy.
That percentage you see on a new car window sticker is due to the American Automobile Labeling Act (AALA). Since 1994 it actually indicates the percentage of the car made in America and Canada. So that number may not be give the full impact from a purchase.
So Professor DuBois for the fifth year has looked at additional criteria to give a clear picture of the impact in America of buying that new car. The index intends to show the impact on the United States’ economy from each car’s production. The criteria include; global headquarters, where the vehicle is assembled, where research and development is sited and where the engine and transmission are produced.
Given these additional factors, three similar SUV’s from General Motors – the Traverse, Enclave and Arcadia – all score the highest at 85.5. The Ford F-150 was next with a score of 85. But the first car is America’s sports car- the Corvette – scored 82. 2017 and marks the fourth consecutive year where Corvette led the car category.
In case you were wondering Toyota Prius C was at the bottom of the list of cars, having an index score of 1 from the index.
If the Chevrolet Corvette doesn’t quite fit your driving needs, you can check out Professor DuBois’ list to help guide your decision. But as to the Corvette, we have this one question. Why isn’t President Trump driving one? Come on Donald, the Chevrolet Corvette Tops Economic Study from American University, making America Great Again.