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Nationwide Auto Workforce

Posted on: 04/04/2017

The Alliance of Automobile Manufacturers reports that "nationwide, 7.25 million workers and their families depend on the auto industry."

There are 943,619 employed in the auto industry in Michigan, which should be expected, and auto industry jobs account for 19.9% of all jobs in the state.

Interesting fact: The national average age of vehicles is 11.2 years. In Michigan, the average age of vehicles is 10.4 years. Does that indicate since more workers are employed in the industry that they trade autos more often? Or, does the severe winter weather add excessive wear and tear and autos don’t last as long as in states with warmer climates?

Why then, in Florida where the auto industry workforce is only 2.5% of all jobs, is the average age of vehicles only 10.2 years?

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* Between 7/1/16 and 9/30/16, the average estimated savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2016, was $3,106. Your actual savings may vary based on multiple factors including the vehicle you select, region, dealer, and applicable vehicle specific manufacturer incentives which are subject to change. The Manufacturer's Suggested Retail Price ("MSRP") is determined by the manufacturer, and may not reflect the price at which vehicles are generally sold in the dealer's trade area as not all vehicles are sold at MSRP. Each dealer sets its own pricing. Your actual purchase price is negotiated between you and the dealer. TrueCar does not sell or lease motor vehicles.