The following is a list of available Auto Recycling facts from the ARA website
- The gross annual revenues in
1997 totaled an estimated $8.2
billion ($7.05 billion
in
the U.S. and $1.15 billion in
Canada).*
- In 1997, auto recyclers
acquired 4.7 million vehicles
for the purpose of recycling.*
- An estimated 11 million
gallons of oil and, 6 million
tires were recycled in 1997.*
- Automotive recyclers spent
nearly $50 million on
environmental compliance in
1997.*
- The majority of automotive
recycling businesses used a
computerized inventory system.*
- Automotive recyclers provide
wholesale and retail customers
quality parts that sell for up
to 50% less than the comparable
new parts.
- Automotive recycling
businesses employ over 46,000
people at more than 6,000
businesses in the United
States.*
- An estimated 86% of
automotive recycling companies
is full-service and employs 10
or fewer people.*
- The majority of automotive
recyclers can often locate parts
faster than new part
dealers because the facilities
are connected by telephone,
satellite and/or computerized
communications systems to
recyclers across the globe.*
- Automotive recycling
decreases insurance rates by
purchasing inoperative vehicles
from insurance companies, thus
allowing for recovery of
financial losses. These vehicles
came primarily from individual
owners and salvage auctions.*
- Automotive recycling keeps highways and roads clear of abandoned and disabled vehicles by providing a place to deposit these vehicles.
Sources:
*Most recent ARA statistical data regarding the automotive recycling industry. Data compiled from a 1997 survey by the private consulting firm, Axiom Research Company.