Automotive Recycling Phoenix, Arizona Facts
Auto recycling is an important industry in the United States and throughout North America. Automotive recyclers and satellite companies employ approximately 103,108 people at more than 8,267 businesses across the United States. The industries annual payroll is estimated at 3.3 billion dollars annually.
In 1997, automotive recycling companies purchased 4.7 million vehicles for the purpose of recycling,
Automotive recyclers provide the automotive industry with both retail and wholesales parts that sell for less than 50% of what new car parts sell for.
Car and truck recycling produces enough steel to produce 13 million new vehicles.
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 roadways and land clear of abandoned and unwanted vehicles by providing a place to dispose of these vehicles.
Automotive recycling spent close to $50 million dollars on environmental compliance.
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