Business and the Economy
Record Vehicle Exports in Kentucky
Vehicle exports have reached historic levels in Kentucky. They were up 43 percent through the first nine months of the year. It’s a state record. Gov. Steve Beshear said the state exported more than $3 billion worth of vehicles between January and September and will likely top $4 billion by year's end.
He says it translates into more jobs and a stronger economy for Kentucky. The previous record for vehicle exports was set last year. Beshear said a significant part of the growth is the result of exports to Saudi Arabia, which now is the second largest buyer of Kentucky-made automobiles. Canada remains the top consumer of vehicles produced in Kentucky. Exports of all Kentucky products also are on a record pace, having reached $18.4 billion as of September.