Study Shows Toyota Automakers Make a Big Impact on the Economy
There’s been a lot of talk lately about jobs and the economy. Our friends who make the amazing Toyota cars we love here at Midtown Toyota, cars like the 2017 Toyota Camry and 2017 Toyota RAV4, have been doing something about jobs and the economy for many years!
Toyota cars are important — and not just, and the areas we serve here at Midtown Toyota. According to a recent study conducted by the Center for Automotive Research (CAR), Toyota has a greater overall impact on jobs and the economy here in the U.S. than you might think. The study found that every job at Toyota contributes to an additional 6.1 jobs throughout the manufacturing and supply chain (the automaker directly employs about 135,900 people, impacting about 470,100 jobs).
Toyota contributes to the U.S. economy in additional ways. The study also found that Toyota supported $32.3 billion in payroll during 2015, resulting in a net total disposable income of $23.6 billion for employees and other individuals. Further, the automaker has invested more than $700 million in philanthropic activities during the last two decades, with $69 million spent last year.
As it turns out our friends who make the Toyota cars we love have been doing a whole lot more than just making cars — they have been making a big impact on our economy here in the U.S. So if you’d like to check out some of the amazing and versatile Toyota cars that we offer be sure to stop in today to check out our inventory. And as a bonus getting a Toyota car from yoursuch as a 2017 Toyota Camry or 2017 Toyota RAV4 helps impact your community!