The most American-made vehicles come from Tesla, foreign brands
Some of the most "American-made" vehicles you can buy carry foreign nameplates, per a new Cars.com survey, underscoring the complexity of the global auto industry.
Why it matters: The report, now in its 20th year, is more relevant than ever, landing amid rising geopolitical tensions over trade and tariffs.
Where vehicles are assembled — and where their parts come from — is driving consumer behavior, for both patriotic and pocketbook reasons, they found.
The big picture: In a recent Cars.com survey of shoppers, more than half say they've accelerated their vehicle purchase timeline to avoid tariff-driven price hikes.
51% say tariffs have influenced them to seek out American-made vehicles.
"Patriotism is a perk, but cost consciousness is the driving force," the company said in a press release.
By the numbers: Tesla continues to produce the most made-in-America vehicles for the fourth consecutive year, according to the survey.
The rest of the Top 10 are primarily foreign brands (Honda, Kia and Volkswagen).
The only "American" brand that qualified for the Top 10 is the Jeep Gladiator pickup truck, which is produced by Stellantis, a multinational carmaker based in the Netherlands.
International automakers account for 67 of the 99 qualifying vehicles in the American Made Index.
How it works: Cars.com uses a proprietary formula that includes a weighted assessment of each vehicle's location of assembly, origin of their parts and local employment counts.
"American-made" parts include those manufactured in the U.S. or Canada, under a 1994 content labeling law passed by Congress.
What they're saying:"You have to look past the badge on the hood," Patrick Masterson, lead researcher for Cars.com's American-Made Index, tells Axios.
"Auto manufacturing is complicated."
The intrigue: Alabama produces more "American-made" vehicles than even Michigan, Indiana or Ohio, states normally associated with the U.S. auto industry.
Alabama has four big factories producing a variety of models: Mercedes-Benz, Hyundai, Honda and a Toyota-Mazda joint venture.
The intrigue: The survey comes one day after Ford Motor aired a spicy new TV commercial touting its commitment to U.S. manufacturing, and criticizing competitors for outsourcing.
Yes, but: Ford's highest-ranking vehicle on the Cars.com list is No. 22, the Ford F-150 Lightning, which has only 45% U.S. content, Masterson said.
Here are the Top 10
Tesla Model 3
Tesla Model Y
Tesla Model S
Tesla Model X
Jeep Gladiator
Kia EV6
Honda Ridgeline
Honda Odyssey
Honda Passport
Volkswagen ID.4
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Tesla (TSLA) Invites a Small Group of People to Test Its Robotaxi Service
EV maker Tesla (TSLA) has started inviting a small group of people to try out its robotaxi service in Austin, Texas. The test could begin as early as Sunday, according to Reuters. Riders must be at least 18 years old, and a Tesla employee will sit in the front passenger seat during each ride. Furthermore, the test will use about 10 Model Y SUVs running on Tesla's Full Self-Driving software. Those who receive the invitation can download Tesla's Robotaxi app to call a ride, and are asked to share their feedback on the experience. Confident Investing Starts Here: This trial is important for Tesla as the company shifts its focus from building affordable electric cars to working on robotics and artificial intelligence. Unsurprisingly, CEO Elon Musk says that safety is the top priority, with humans monitoring the cars remotely. He believes that the robotaxi service can grow quickly if the trial goes well. Still, experts are worried about Tesla's approach, which relies solely on cameras and AI, rather than incorporating additional sensors like lidar or radar. These worries grow in conditions like fog, heavy rain, or bright sunlight. As a result, some lawmakers and safety experts want more caution, which led a group of Austin-area Democratic lawmakers to ask Tesla to wait until September, when new state rules for autonomous vehicles take effect. It is worth noting that self-driving services are expensive and risky, and companies like Tesla, Waymo (GOOGL), and Zoox (AMZN) have already faced federal investigations and recalls after accidents. What Is the Prediction for Tesla Stock? Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 12 Holds, and nine Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $286.14 per share implies 11% downside risk.
Yahoo
2 hours ago
- Yahoo
INTU & RACE Are 2 of the Best Momentum Stocks to Buy Now
To select top momentum stocks, investors can use the Driehaus strategy, also known as "buy high and sell higher," a successful approach that earned Richard Driehaus a spot in Barron's All-Century Team. To that end, stocks like Intuit Inc. INTU and Ferrari N.V. RACE have been chosen as today's momentum picks using the Driehaus strategy. Regarding the strategy, Driehaus once said: 'I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in decline and try to guess when it will turn around.' In line with this insight, the American Association of Individual Investors (AAII) considered the percentage 50-day moving average as one of the key criteria before creating a portfolio following Driehaus' philosophy. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator — positive relative strength — has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. Moreover, AAII found that Driehaus primarily focuses on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term. To make the strategy more profitable, we have considered only those stocks that have a Zacks Rank #1 (Strong Buy) and a Momentum Score of A or B. Our research shows that stocks with a Style Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential. • Zacks Rank equal to #1 Whether the market is strong or weak, stocks with a Zacks Rank #1 have a proven track record of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here. • Last 5-year average EPS growth rates above 2% Strong EPS growth history ensures an improving business • Trailing 12-month EPS growth greater than 0 and industry median Higher EPS growth compared to the industry average indicates superior earnings performance • Last four-quarter average EPS surprise greater than 5% Solid EPS surprise history indicates better price performance • Positive percentage change in 50-day moving average and relative strength over 4 weeks Positive percentage change in the 50-day moving average and the relative strength signal uptrend • Momentum Score equal to or less than B A favorable momentum score indicates that it is ideal for capitalizing on momentum with the highest probability of success. These few parameters have narrowed the universe of over 7,743 stocks to only 13. Here are the top two of the 13 stocks: Intuit offers financial management, compliance and marketing products and services in the United States. INTU has a Momentum Score of B. The trailing four-quarter earnings surprise for INTU is 12.2%, on average (read more: Intuit & 2 Other Strong Buy Profitable Stocks for Your Portfolio). Ferrari designs, engineers, produces and sells luxury sports cars globally through its subsidiaries. RACE has a Momentum Score of A. The trailing four-quarter earnings surprise for RACE is 10.8%, on average. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report Ferrari N.V. (RACE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
Musk Savages ‘Snake' Trump Aide as Their White House Feud Erupts
Elon Musk publicly ripped into a top White House aide who fueled his falling out with President Donald Trump. Tensions had already been building between Musk and Trump before the SpaceX chief left the White House. Things got ugly, however, after Sergio Gor, the director of the presidential personnel office, encouraged Trump to rescind his nomination for Jared Isaacman—Musk's personal friend—to lead NASA. The New York Post revealed this week that even though Gor is in charge of vetting thousands of executive branch employees, he himself hasn't been fully vetted. Five months into the second Trump administration, he hasn't even submitted the paperwork for his own permanent security clearance. 'He's a snake,' Musk wrote on his social media platform X late Wednesday in response to the Post's report. According to the Post, Gor, 38, developed a grudge against Musk, 53, after the Tesla chief—who as head of the government cost-cutting task force DOGE was a de facto member of Trump's Cabinet—'humiliated' him in front of other Cabinet members for not staffing the administration quickly enough. 'Sergio was upset about Elon dressing him down at the meeting and said he was going to 'get him,'' a source told the paper. At the time, Musk and Trump were still on friendly terms, but Gor was openly gleeful whenever Tesla stock plunged, according to the report. After Musk's special government employee status expired, forcing him to leave the White House, Gor reportedly got his revenge on Musk by convincing Trump to pull Isaacman's nomination just days before the Senate was scheduled to vote on the appointment. The administration blamed the move on Isaacman's previous donations to Democrats, but the billionaire financial technology executive said he didn't think that was the real reason, considering his donation history had long been in the public domain. After the nomination was pulled, Musk—who poured more than $250 million into the president's re-election campaign—began publicly trying to tank the president's flagship 'big beautiful' budget bill. Surprisingly little is known about Gor, including his birthplace, according to the Post. He declined to tell the paper where he was born, except to say that it wasn't Russia. It's previously been reported that he was born in Malta, but an official there couldn't confirm that information, the paper said. Together with Donald Trump Jr., Gor co-founded a publishing company that published several of Trump's books following the end of President Trump's first term, according to the New York Times. In a statement to the Daily Beast, White House press secretary Karoline Leavitt said, 'Sergio Gor is a trusted adviser to President Trump and he has played a critical role in helping President Trump staff the most talented administration in history.' Gor's office is responsible for assessing candidates for about 4,000 political appointees, including handling security clearances and conflicts of interest. Gor, however, has yet to turn in Standard Form 86, the 100-page background investigation form required for a security clearance, according to the Post. The form covers citizenship, employment history, relatives, foreign contacts and travel, financial activities, drug use, and more. Despite three sources saying otherwise, a White House official claimed Gor had completed the SF-86 form and noted that he has an interim security clearance, which is given while background checks are completed. Leavitt accused the Post of 'engaging in baseless gossip.'
