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Domestic vs. Foreign – Is there a difference?

Q: I like to buy American and support workers in our country. Is there a clear choice between foreign and domestic when buying a new car?

A: Not really. In the past the big three in the United States were Ford, General Motors, and Chrysler. The Japanese big three automakers are Honda, Toyota, and Nissan. Many companies that were once thought of as making foreign cars are made in the United States. Among other places Hondas are made in Ohio, Toyotas in Indiana, and Nissans are manufactured in Tennessee. You need to look at the specific model and find out what percentage of the vehicle was manufactured and assembled in the United States. In reality, we are in a global economy where products are manufactured and sold throughout the world.