Toyota Camry Regains Top Spot with Fewest Cars Eligible in Index History
Cars.com, the premier online resource for buying, selling and now servicing cars, has released its annual list of the most American cars in the site’s American-Made Index. The Toyota Camry last claimed the top spot in 2012. This is the fifth time the Camry has ranked number one on the index.
The American-Made Index takes into account three key factors to determine how American cars are, including domestic-parts content1 (percentage of a vehicle’s parts considered to be domestic, meaning built in the U.S. or Canada), final assembly point and overall vehicle sales.
“This year’s list of eligible cars is down to just seven, the smallest number we’ve ever seen,” said Cars.com Editor-in-Chief, Patrick Olsen. “Just five years ago, 29 cars qualified for the American-Made Index, and today it is fewer than 10.”
The Ford F-150, which claimed the top spot in 2013 and 2014, was not eligible as its domestic-parts content dropped below the allowable threshold in the all-new 2015 model. In 2014, the index leaned heavily toward foreign-based automakers, which made up 70 percent of the list. For 2015, that number has dropped to 48 percent.
In a new survey conducted by Cars.com, data indicates that American consumers care more than ever about buying from domestic automakers. Twenty-eight percent of respondents said they would only consider American automakers when shopping for a new car. That’s up from 23 percent in 2011. While options for truly “American” cars continue to shrink, Americans’ interest in buying cars that support the domestic economy is still of great interest2.
ABOUT THE AMERICAN-MADE INDEX
Cars.com’s American-Made Index rates vehicles built and bought in the United States. Factors include the percentage of parts considered “domestic” under federal regulations, whether the car is assembled in the U.S. and U.S. sales. Models with domestic-parts content ratings below 75 percent are disqualified, as well as models built exclusively outside the U.S. or models soon to be discontinued without a U.S.-built successor.
Launched in 1998, Cars.com is an award-recognized online destination for car shoppers and owners that offers information from experts and consumers to help research, price and find new and used cars, as well as information around service and repair for car owners. With more than 30 million monthly visits to its web properties, Cars.com offers millions of new and used vehicle listings, expert and consumer reviews, side-by-side comparison, build and price tools, unbiased editorial content and much more. In 2015, Cars.com introduced a new service and repair feature to help consumers find the right service provider and understand how much to pay with the fair-price estimator tool. Cars.com puts millions of car buyers, and now owners, in control of their shopping process with the information they need to make stress-free buying, selling and servicing decisions.
2 Cars.com American Made Study, Qualtrics, May 2015