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CARS.COM'S AMERICAN-MADE INDEX ADDS TESLA TO EXCLUSIVE LIST OF MULTIYEAR CHART-TOPPERS, MODEL Y NABS NO. 1

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CARS announces the 2022 American-Made Index (AMI), highlighting Tesla's Model Y as the most American-made vehicle, followed closely by the Model 3. Tesla claims four spots in the top ten, while Honda also features prominently. GM's models dominate, comprising 20% of the Index. Consumer preference for American-made vehicles has surged by 22% year-over-year. A Cars.com survey indicates an increasing emphasis on affordability and EV interest, driven by pandemic effects. The AMI ranks vehicles based on assembly, parts sourcing, and U.S. factory employment.

Positive
  • Tesla Model Y and Model 3 occupy the top two spots in the AMI.
  • Overall consumer preference for American-made vehicles increased by 22% year-over-year.
  • Tesla's strong showing suggests a potential market alignment favoring EVs amidst high gas prices.
  • GM models account for 20% of the AMI, indicating solid U.S. manufacturing presence.
Negative
  • None.

Honda and Tesla Each Appear 4x in Top 10 Alongside Jeep and Lincoln, Which Secure Top Spots; GM Dominates List With Its Models Claiming 20% of Overall Index

Consumer Preference for American-Made Vehicles Jumps 22% Year Over Year

CHICAGO, June 21, 2022 /PRNewswire/ -- Cars.com™ (NYSE: CARS), the car-shopping marketplace, today announced the vehicles topping the charts of its 2022 American-Made Index (AMI), an annual independent ranking of vehicle makes and models creating the greatest impact on the U.S. economy through factory jobs, manufacturing plants and parts sourcing. For the second consecutive year, Austin, Texas-based Tesla claims the title of most American-made, this time with the Model Y. Tesla now owns the top two spots in the Index, with the Model 3 — last year's chart-topper — coming in second. To view the complete list, visit Cars.com/AMI.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9060351-cars-com-american-made-index/

FAQ

What is Cars.com's 2022 American-Made Index?

The 2022 American-Made Index ranks vehicles based on their impact on the U.S. economy through manufacturing, assembly, and sourcing.

Which vehicle topped the 2022 American-Made Index?

The Tesla Model Y topped the 2022 American-Made Index.

How did consumer preference for American-made vehicles change in 2022?

Consumer preference for American-made vehicles increased by 22% year-over-year in 2022.

What percentage of the American-Made Index is dominated by GM models?

GM models account for 20% of the overall American-Made Index.

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