Even as the automaking world has gone global, Detroits Big 3 automakers still are in the lead when it comes to making cars with the most American components and labor, a new study finds.
Three General Motors models– Buick Enclave, GMC Acadia and Chevrolet Traverse — were tied at the top the list of the most American-made car models in the 2017 Kogod Made in America Auto Index, as compiled by the business school at American University.
Next came Ford’s F-150 pickup truck, followed by another GM model, the Chevrolet Corvette.
The index works by taking into account several factors that go into the assembly of a car. This includes the percentage of U.S. or Canadian parts used, the location of the factory where the vehicle was assembled, the source of the engine and transmission and whether more than 15% of the parts came from a foreign country. Each category receives its own score.
Hot Canadian Stocks To Invest In 2018: Genomic Health, Inc.(GHDX )
- [By Brian Orelli]
Genomic Health (NASDAQ:GHDX) closed up 10.2% Tuesday following its announcement of solid fourth-quarter earnings after the bell Monday. The company’s 2017 guidance certainly didn’t hurt investors’ confidence either.
- [By Brian Orelli]
Genomic Health (NASDAQ:GHDX) swung to a profit in the fourth quarter on the back of solid revenue growth and expects to have another productive year in 2017 as the company continues to increase reimbursement for its genetic tests.
Hot Canadian Stocks To Invest In 2018: Tidewater Inc.(TDW)
- [By Lisa Levin]
In trading on Friday, energy shares slipped by 0.20 percent. Meanwhile, top losers in the sector included Northern Oil & Gas, Inc. (NYSE: NOG), down 9 percent, and Tidewater Inc. (NYSE: TDW), down 8 percent.
Hot Canadian Stocks To Invest In 2018: China Evergrande Group (EGRNF)
- [By SEEKINGALPHA.COM]
For example, Evergrande Life – a unit of property developer China Evergrande Group (OTC:EGRNF) – saw its premiums increase more than 40-fold in 2016. It used the proceeds to accumulate a significant stake in rival developer China Vanke (OTC:CVKEY) last year.