I don't think that's what it means. I might be wrong, but I got the impression it meant that 75% of the total money spent on motor vehicles ultimately stays in the US in some fashion. Either because it was assembled here or because of dealer commissions or because it costs money to hire US companies to move the cars from the port to the lot, etc.
The biggest sellers from foreign carmakers often end up manufactured in their USA-based plants, which then makes them "Made in America". Add that to the American carmakers and it seems reasonable to reach 75%.
The only plausible explanation would be that a large portion of foreign car purchases are from the foreign factories in the US. BMW, Mercedes, and practially all of the Japanese manufacturers make some of their cars here.
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75% of motor vehicle purchases were "Made in America"? That is astonishing. Unbelievable, even.
I don't think that's what it means. I might be wrong, but I got the impression it meant that 75% of the total money spent on motor vehicles ultimately stays in the US in some fashion. Either because it was assembled here or because of dealer commissions or because it costs money to hire US companies to move the cars from the port to the lot, etc.
The biggest sellers from foreign carmakers often end up manufactured in their USA-based plants, which then makes them "Made in America". Add that to the American carmakers and it seems reasonable to reach 75%.
The only plausible explanation would be that a large portion of foreign car purchases are from the foreign factories in the US. BMW, Mercedes, and practially all of the Japanese manufacturers make some of their cars here.