Buick Enclave Is Most American Of All Cars

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By Douglas A. McIntyre Updated Published
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Buick Enclave Is Most American Of All Cars

© buick.com

[cnxvideo id=”510430″ placement=”ros”]24/7 Wall St. looked at the most American cars in the U.S. based on where their parts come from. The Buick Enclave was the winner

What did we discover?

Across the nation, some forms of manufacturing — most notably computers and electronics — have surged in recent years. Broadly speaking, however, the United States is increasingly seen as an unattractive base for manufacturing production. As a result, over the past half-century, U.S. manufacturing employment has fallen precipitously.

One of the largest factors determining how much of a car’s value stays in America is the source country of the vehicle’s parts. To provide customers with this information when buying a new vehicle, congress passed the American Automobile Labeling Act in 1994. Among other stipulations, this act required manufacturers to label the percentage of parts made in the United States or Canada. All of the 50 vehicles most influential to the U.S. economy have at least half of their parts sourced in the U.S. or Canada. No car is entirely made in America.

What did we do to make the measurement?

Using seven criteria, the index estimates a car’s contribution to the U.S. economy by measuring the share of a car’s total production that is domestic in origin. The criteria include the source countries of the vehicle’s parts, where it is produced and assembled, as well as the country of origin for a car’s research and development. Three cars tie for first place as the vehicles that have the greatest positive impact on the U.S. economy. The (NYSE: GM) Buick Enclave (NYSE GM), the Chevrolet Traverse, and the GMC Acadia are the most American in origin. Roughly 90% of the cars’ research, parts, and assembly are domestic. Therefore, they have the largest positive impact on the American economy.

To identify the cars contributing the highest percentage of their value to the American economy, 24/7 Wall St. reviewed Kogod Made in America Auto Index from Kogod School of Business at American University in Washington, D.C. 2015 sales figures came from car sales tracking site GoodCarBadCar.net. Manufacturer’s suggested retail prices are from the manufacturer’s website. 2015 sales figures are the total sales for the vehicle’s model and do not only reflect its specific trim level. Starting MSRPs are from the newest model year available on the manufacturer’s website. Excluding the Dodge Ram 2500, MSRP figures also reflect starting MSRP of the base model ignoring any trim levels. Because 2016 was the first model year for the Cadillac CT6, an annual sales figure is not available.

And, at the top of the list:

Buick Enclave
> Vehicle value benefitting U.S.: 90.0%
> Parts made in U.S. or Canada: 80%
> Starting MSRP: $39,065
> 2015 unit sales: 62,081
> Car type: Mid-size crossover SUV

The winners of the contest were actually a tie:

Chevrolet Traverse
> Vehicle value benefitting U.S.: 90.0%
> Parts made in U.S. or Canada: 80%
> Starting MSRP: $28,700
> 2015 unit sales: 119,945
> Car type: Mid-size crossover SUV

3. GMC Acadia
> Vehicle value benefitting U.S.: 90.0%
> Parts made in U.S. or Canada: 80%
> Starting MSRP: $29,070
> 2015 unit sales: 96,393
> Car type: Mid-size crossover SUV

 

Certain manufacturers tend to have a larger impact on the economy than others. One in five cars in the top 50 is a Chevrolet, the most prevalent make of vehicle on the list. Notably, the second most prevalent manufacturer in the top 50 is Japanese company Toyota (NYSE: TM). While many of Toyota’s models are produced entirely outside of the United States, Toyota assembles six vehicles domestically with at least 65% of the parts sourced from the U.S. or Canada

Along with the rest of the list (the other 47)  

 

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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