2020 News

Michigan-assembled Ford Ranger named ‘most American-made car’ in annual list that includes Tesla for first time

The Michigan-built Ford Motor Co. Ranger pickup, resurrected for the U.S. market in 2019, ranks No. 1 among the most-American-made vehicles, a 15-year-old list for which high-ranking Tesla, which assembles its luxury electric cars in Fremont, Calif., participated for the first time.

Behind the Ford F, -2.20% , No. 2 is claimed by Fiat Chrysler Automobiles’ FCAU, -3.24% Jeep Cherokee, assembled in northern Illinois. Tesla, meanwhile, took three spots among the top 10 on the 2020 American Made Index (AMI), for which Cars.com, the index creator, relies both on company data and its own research.

This is the first year Tesla TSLA, -2.21% has willingly participated in the AMI, shaking up the results. It likely would have ranked high in other recent years as well. Honda Motor Co. HMC, -2.13% and General Motors GM, -2.21% also hold top spots on the index this year.

The AMI ranks cars based on five factors: assembly location, parts sourcing as determined by the American Automobile Labeling Act that dates to the 1990s, U.S. factory employment relative to vehicle production, engine and transmission sourcing. In total, the 2020 AMI ranked cars from 13 automakers built in 14 states.

Asked if newly rewritten trade agreements, particularly the U.S.-Mexico-Canada (USMCA) agreement, were expected to change the list of the future, Mays said it’s too soon to tell, but added “the super-home-grown car decline has been a pretty nonpartisan thing.”

The impact of the COVID-19 pandemic on the economy and, in turn, on consumer decisions has impacted car-buying, according to separate research from Cars.com.

Read Full Story at www.marketwatch.com

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