| California’s Automotive Industry: Accelerating, or Headed for a Slowdown? ACG 101. Californians love their cars, and the automotive industry loves California. The state generates 11% of all U.S. retail sales, and accounts for a third of all electric vehicle sales and a quarter of all hybrids sold. Our ports handle 10 million imported cars per year. More than 150,000 Southern Californians are employed in in manufacturing, distributing, selling and repairing motor vehicles, parts and supplies. Southern California is the home to the American operations of Honda, Toyota, Mazda, Hyundai, Kia, Mitsubishi, Volvo, Tesla and other marques. Several, including BMW and Mazda, have set up design centers here. Specialty firms make everything from auto electronics to high-performance add-ons.
How will the growth in auto sales, demands for greater fuel efficiency, and changing design trends affect the outlook for California’s automotive industry? See http://www.acg.org/101/ |
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