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The automotive recycling industry - with $10 billion in (U.S. and Canada) sales
annually - plays a necessary and crucial role in the efficient, ecological
disposal of inoperable motor vehicles. Although sometimes known as auto salvage
dealers, professional automotive recyclers deal strictly in the recycling of
motor vehicles - i.e., domestic and foreign automobiles, light and heavy-duty
trucks, buses and motorcycles.
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Automotive recycling serves a vital role in preserving natural resources and
reducing the demand for scarce landfill space. For example, each year
approximately 95 percent of vehicles retired from use are processed for
recycling. The recycling of these vehicles saves an estimated 85 million
barrels of oil that would have been used in the manufacturing of new or
replacement parts. Additional energy and resource conservation is realized by
recycling rebuildable "core" parts to the automotive parts rebuilding industry.
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In addition to conserving natural resources, automotive recycling plays an
important role in reducing air and water pollution, and solid waste generation.
Automotive recyclers must abide by stringent local and national regulations on
dealing with waste generated by salvaged automobiles. Many individual
automotive recyclers have also instituted their own unique programs to further
reduce the potential effects of harmful materials to their businesses and
communities.
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In 2006, the gross annual revenues are an estimated $10 billion.
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In 1997, auto recyclers acquired 4.7 million vehicles for the purpose of
recycling.
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Recycling vehicles provides enough steel to produce almost 13 million new
vehicles.
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Saves an estimated 85 million barrels of oil a year, that would have been used
in the manufacturing of new or replacement parts.
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Automotive recyclers spent nearly $50 million on environmental compliance in
1997.
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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.
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Automotive recycling keeps highways and roads clear of abandoned and disabled
vehicles by providing a place to deposit these vehicles.
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Source * Automotive Recycling Association website
www.a-r-a.org
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