Chevrolet car line with John McElroy

I have a lot of people ask me to define exactly what a car? Is it a vehicle from a car manufacturer in Detroit, however, met in Canada, Mexico or another country? Or a car from a Japanese, European and Korean companies with assembly plants in America? Or is there something between the two?

In other words, it is a Toyota Camry built in Kentucky, USA a car? Or a Ford Fusion is the fact that the import into Mexico?

My definition of "U.S. Auto" is a vehicle that was designed, created, developed and manufactured in the United States. Who could be a logo in three large, have a logo Japanese. Where it meets the criteria is not for me.

But I also let the nuances in my definition. What I am concerned, the development of products is what really counts. This creates more value for the economy. If I were to choose, I would like a vehicle that is gathered here. Credit for Toyota, Honda and Nissan, in some of its products for the construction in the United States, most with some of its truck products. Hyundai come. The Europeans have nothing to do.

An absolute rule: Where was the shock of physical tests? In the United States or abroad? Said that most of the development has taken place.

Assembly Plant, a large number of jobs in the factories, but does not cause as much value as the development of products. This is especially true when the cube, the devices, robots and tools for a car that was imported. It's just not much economic value through the introduction of a field and on the way to a car, because it is the line. The greatest value from the fields of design, engineering and development at the first place.

If you have products for the cars in the U.S., yes, I do not think that the repatriation of the profits of the vehicles back in Japan or in another country. It is always useful, because about 90% of value added products in the United States. Conversely, if the vehicle was primarily in Japan or in Korea or elsewhere, I do not "in the U.S., even if it is installed in the United States.

This is also true for GM, Ford and Chrysler, the meeting of the Canada or Mexico. If the development of products in the U.S., the vast amount of value that they are in the United States. So for me, even if a vehicle, as in the north and south of the border remains the Americas.