The automobile industry is a key component of California’s economy, accounting for nearly 500,000 jobs in the state, according to a new study, "Contribution of the Automotive Industry to the U.S. Economy," prepared by the University of Michigan and the Center for Automotive Research.
California ranks third in the country (behind Michigan and Ohio) for its auto industry presence.
Key findings of the study include:
The automotive industry directly employs 98,700 Cali...
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