We all love to look at Corvettes that have been proudly customized with an American theme, don’t we?
Seeing that red, white and blue decorating a Corvette makes us proud to be an enthusiast for America’s Sports Car.
Now comes word that the Bowling Green, Ky.-assembled Corvette again ranks first on a list of the most American cars of 2017 (and third overall, when you add in trucks and SUVs).
The Made in America Auto Index has been compiled since 2013 by the Kogod School of Business at American University in Washington, D.C.
Interestingly, Kogod says cars with a foreign carmaker’s badge can still make the list, which is compiled according to the following seven criteria:
- Profit Margin – This was measured based on the location of an automaker’s headquarters. If an automaker’s global headquarters is located in the US, the model receives a 6. If it is not, it receives a 0. The assumption here is that (on average), 6% of a vehicle’s value is profit margin, so if it is a U.S. automaker, the profits remain in the country.
- Labor – This category considers where the car is assembled. If a model is assembled in the US, it receives a 6. If not, the model receives a 0. We assume that approximately 6% of the vehicle’s value is labor content.
- Research and Development (R&D) – This category looks at the location of a car’s R&D activities. If the model is a product of a US company, it receives a 6. If it is the product of a foreign company but is assembled in the U.S. it receives a 3; if it is a foreign import it receives a 1.
- Inventory, Capital and other expenses – If assembly occurs in the US, the model receives an 11; if not, it receives a 0.
- Engine – If the engine is produced in the US, the model receives a 14; if not it receives a 0.
- Transmission – If the transmission is produced in the US, the model receives a 7; if not it receives a 0.
- Body, Chassis, and Electrical Components – 50 % of a vehicle’s score is assigned to this category. The AALA percentage is divided into two to derive this score.
Leading the list are the GM crossover triplets of Chevrolet Traverse, Buick Enclave, and GMC Acadia, followed by the Ford F-150 and then the automatic transmission version of the Corvette. The 7-speed manual Corvette ranks 14th on the list.
Click here to see the rest of the Top 10 Made in America vehicles.
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