This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top Five 'Most American' Cars

DETROIT TheStreet) -- Thanks to the introduction of the new Camry, an old debate has taken on new life.

As they introduced the 2012 model last month, Toyota (TM - Get Report) executives touted the car's status as the auto industry's "most American-made car" on the influential list published each year by, a Web site with car-buying advice.

"Thank you for your tremendous dedication and for building the industry's most American-made car," CEO Akio Toyoda told workers at the company's Georgetown, Ky. plant.

"Our team members are very proud of the fact that not only has the Camry been the most popular car in America for going on 10 years -- it's also the most American made," added Wil James, president of the Kentucky plant. "More than 80% of the parts that go into the Camry come from American suppliers so this vehicle alone is responsible for a lot of jobs across the United States."

The location of parts production, referred to as "domestic content," is a key criteria when compiles its annual "American Made Index," ranking the "most American" cars.

But the ranking is also based on where the car is assembled and sales volume. The last criteria, sales volume, is a point of contention, because it can lead to such counter-intuitive choices as ranking cars manufactured by Japanese firms ahead of cars manufactured by an iconic American firm.

In its most recent list, issued in June 2011, ranked Camry as the most American car, with Honda (HMC - Get Report) Accord coming in second. Third was a GM (GM - Get Report) car, the Chevrolet Malibu, while the Ford (F - Get Report) Explorer was fourth and the Honda Odyssey was fifth.

"In today's global economy, there's not an easy way to determine just how American a car is," said Patrick Olsen, editor in chief, in a prepared statement issued when the survey was released. "Most cars built in the U.S., for example, are assembled using at least some parts that come from somewhere else. Additionally, many U.S. automakers assemble vehicles in Canada and Mexico, while foreign automakers have opened plants on U.S. soil. Our index is another resource that car buyers can use to help guide their purchase decision."
1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
F $14.55 0.00%
HMC $32.89 0.00%
GM $36.22 0.00%
TM $124.02 0.00%
AAPL $118.88 0.00%


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs