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Most American Cars | Honda Makes the Top 10 List
Thu, Oct 14 2021The car built with the most American/Canadian parts content is the 2021 Ford Mustang GT – with the manual transmission, specifically, no less – giving Ford a second consecutive year atop the American University Kogod Business School annual "Made in America Auto Index. We already knew that it doesn't get much more American than a V8 pony car, but now we've got the numbers to prove it. Ford's iconic coupe takes the number one slot pretty convincingly this year, with 88.5% of its components coming from U.S. or Canadian sources. Appropriately, though perhaps confusingly, 21 models made the top 10 list in 2021. As you may have surmised, this is the result of multiple ties. Note also that many models appear more than once to account for variants built with parts from different sources. The top-ranked Mustang is a perfect example; The automatic drops into into a tie for 10th, right next to the EcoBoost model and Ram's 1500 Classic with the 3.6L V6. The "America" theme runs pretty strongly through the top "10," with the Chevrolet Corvette sitting pretty in second place, followed by all three variants of Tesla's Model 3 electric car. Honda also makes several appearances thanks to its rather significant U.S. manufacturing footprint. Here are the 21 vehicles that make up the top 10 this year – don't worry, it feels just as weird to type as it does to read. Last year's winner, the midsize Ford Ranger pickup, cratered to 16th place, dropping from 70% American parts content to just 45%. Keep in mind, however, that the pandemic has forced automakers to source parts outside of their normal supply chains, and such drops should be taken with a grain of salt. Kogod noted that the overall proportions of content between manufacturers remained relatively unchanged despite what appear to be significant shake-ups such as this one. "While the trend TDC for cars assembled in the US is consistent over time, both Daimler and Subaru saw significant drops in their average US content," the summary said. "This may be the result of US shortages of parts and components as the impacts of the covid pandemic created significant disruptions in automotive supply chains." Watch Ford Build a Bronco: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
2018 Jeep Wrangler JL order guide leaks, ordering open at dealers
Tue, Oct 24 2017It's been a big day for Jeep news. Earlier today, a leaked timeline revealed that the new 2018 Jeep Wrangler JL will make its debut sometime in November, likely at either SEMA or the Los Angeles Auto Show. Now, thanks to our friends at JL Wrangler Forums, we have news that an order guide has leaked and order banks are open. That means you should be able to go to a Jeep dealer and place an order for a new Wrangler now. This order guide only covers the four-door Wrangler Unlimited, but it gives us a pretty clear look at the new model. At launch, the Wrangler Unlimited will come in three trims - Sport, Sahara and Rubicon. The only available engine will be FCA's 3.6-liter Pentastar V6. Those hoping for a diesel will have to wait a little while longer. All three models will offer both a manual and automatic transmission. While the current model is available in a wide range of colors, initially only five - Billet Silver, Black, Bright White, Firecracker Red and Granite Crystal - will be offered. Poring over the guide shows that features line-up pretty closely with the current model. Hardtops are still optional, as is leather on the Sahara and Rubicon. It doesn't look like you'll be able to get a Sport with a body-color top and the dual-top option for the Rubicon is only listed on the order banks with a black hardtop. The Sahara and Rubicon both have optional trailer hitches and the Rubicon has an optional steel bumper. There's lots we still don't know, but look for more news in the next month or so after the new Wrangler finally debuts. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Stellantis moves to set up its own lending unit
Sat, Sep 4 2021Stellantis is buying Houston-based auto lender First Investors Financial Services Group to set up its own finance arm in the U.S., a move that should support sales and eventually boost profit. The only major traditional automaker in the U.S. without its own finance company agreed to pay $285 million to a group of investors led by Gallatin Point Capital and Jacobs Asset Management, according to a statement. The transaction is expected to close by year-end. Stellantis was formed via the merger between Fiat Chrysler and PSA Group early this year. Carlos Tavares, the PSA boss who became the combined company’s chief executive officer, called the deal to acquire First Investors a milestone that will increase earnings and enhance customer loyalty. “Direct ownership of a finance company in the U.S. is a white-space opportunity which will allow Stellantis to provide our customers and dealers a complete range of financing options,” Tavares said Wednesday in the statement. Having an in-house finance company has helped rivals General Motors Co. and Ford Motor Co. pad profits, especially during the global semiconductor shortage that has limited production and crimped sales. GM bought subprime lender AmeriCredit Corp. in 2010 and renamed it GM Financial. The operation generated a $2.76 billion profit in the first half -- roughly a third of the companyÂ’s adjusted earnings before interest and taxes. Trouble for Santander? The First Investors acquisition could spell trouble for Chrysler Capital, the operation that Santander Consumer USA Holdings Inc. and Chrysler set up in 2013 before the U.S. automaker completed its merger with Fiat. In a statement, Santander Consumer said itÂ’s committed to supporting Stellantis through the term of their existing agreement and its transition. Santander Consumer will also have “ongoing conversations with Stellantis about long-term mutually beneficial opportunities beyond 2023,” the company said, adding that its consumer business remains strong and has “delivered solid results for our shareholders.” This, along with support from its parent company, will allow the lender to “pursue additional opportunities as they arise.” The lenderÂ’s U.S.-listed stock fell 1.5% in New York trading Wednesday after Bloomberg reported Stellantis was preparing to announce a new finance partner. Stellantis shares rose as much as 1.3% in Paris trading Thursday.






