To amend the Internal Revenue Code of 1986 to allow a credit of $1,000 for the purchase of a domestically manufactured automobile for personal use.

Amends the Internal Revenue Code to allow a tax credit of $1,000 for the purchase of domestically manufactured automobiles acquired for the personal use of the taxpayer and not for use in a trade or business. Requires an automobile to be treated as manufactured in the United States if at least 75 percent of the cost to the manufacturer is attributable to value added in the United States or Canada. Reduces the basis of such automobile by the amount of the credit.