October 22, 2009

The Economic and Environmental Impacts of a Corporate Fleet Vehicle Purchase Program



The Sustainable Transportation and Communities Group at the Center for Automotive Research prepared a study for AT&T on its announced 10-year program to buy or convert 15,000 of its vehicles to cleaner technology. These planned fleet vehicle purchases and modifications were found to support an average of 1,000 jobs per year from 2009-2013 and would reduce gasoline consumption by more than 49 million gallons over ten years and trim CO2 emissions by 211,000 metric tons, which equated to removing 38,000 vehicles from the road a year. The estimates of economic and employment impact for the years in which the fleet purchase program was operating at 100 percent was formulated using an economic and demographic forecasting REMI model and the modeling analysis revealed the program at 100 percent would create or support more than 1,100 jobs annually, with annual compensation for these jobs averaging $65 million while generating about $10 million in tax revenue.

Center for Automotive Research – The Economic and Environmental Impacts of a Corporate Fleet Vehicle Purchase Program [full PDF]