Federal Register - November 8, 2021
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Source: Federal Register
62054
Federal Register / Vol. 86, No. 213 / Monday, November 8, 2021 / Notices
Table 8C: Sources of Foreign-Owned U.S. Manufacturers Imports of Automobiles for All
Mak tS
I
t I..ight Sedans/Sl1Vs/ClWs Trucks
Countrr TEXT REDACTED
Vans
Source: U.S. Producers Survey Responses, Question 4b.
Vehicle "fv >e
0
dP d
ti
. th U t d St t
Pioducti@n Voluine in 2013
units
:Production Volume in 2017 units
production, respectively. Americanowned producers were not operating at full capacity in 2017 and, thus, had the ability to produce more vehicles.89
C
I
ed t I
Impod Volume in 2013 units
rt
Import Volume in 2017 units
Passenger Vehicles
2,952,.994
2,832,439
6,633.574
7,439,085
Light Trucks
1,351,645
1,750,198
517,241
832,755
4,304,639
4,582,637
7,150.815
Total Source: Wards Intelligence lnfoBank; Department of Commerce, Census Bureau.
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I
3. Low Priced Foreign-Owned Automobile Production and Imports Have Caused Significant Market Penetration in the United States and Have Suppressed U.S. Producers Prices Imported and domestically-produced automobiles compete head-to-head in the same geographic markets based
primarily on price, brand, and quality, with price being a significant factor driving consumers purchasing decisions.90 From 2005 to 2017, the average unit value AUV on retail sales of automobiles in the United States increased by 13.0 percent,91 which is well below the 28.3 percent increase in
89 Board of Governors of the Federal Reserve System US, G.17. Capacity Utilization: Durable Manufacturing: Automobiles and parts, https
www.federalreserve.gov/releases/g17/current/.
90 Christian Wardlaw, 10 Top Reasons Why People Buy Specific Cars, New York Daily News, Mar. 4, 2016, https www.nydailynews.com/autos/
buyers-guide/10-top-reasons-people-buy-specificcars-article-1.2552707.
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8,271,840
consumer prices over this period. 92
Further, for both passenger vehicles and light trucks each year during the 2013
to 2017 period, Tables 10A, 10B, and 10C show that TEXT REDACTED and hence contributed to the suppression of automobile prices in the United States market.
91 Wards
Intelligence InfoBank.
of Labor, Bureau of Labor Statistics, Consumer Price Index, https
www.bls.gov/cpi/ accessed January 24, 2019.
92 Department
E:FRFM08NON2.SGM
08NON2
EN08NO21.047
T bl 9 A
passenger vehicles and light trucks equal to 263 percent of Americanowned passenger vehicle production and 48 percent of domestic light truck
EN08NO21.046
Significantly, imports now exceed American-owned production in the United States. As Table 9 demonstrates, in 2017 the United States imported
