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Commercial vehicles - worldwide production by region 2018 & 2019

In 2018, around 12.4 million commercial vehicles weighing more than 3.5 metric tons (or roughly 7,700 pounds) were produced in North America. Although commercial vehicle production fell globally between 2018 and 2019, North American production remained largely the same, increasing 0.2 percent year-on-year. One in every two commercial vehicles produced in 2018 and 2019 was manufactured in North America.

Trucks move the U.S. economy

Pickups and light trucks such as the Ford F-450 are extremely popular in the United States, straddling commercial and personal use. Additionally, their heavy-duty counterparts sell well in a market that has active agricultural, manufacturing, and construction industries. One of the largest commercial vehicle segments in the United States is road freight, as trucks account for about 64 percent of freight movements in the United States. U.S. truckers hauled about 12 billion tons worth of goods across large distances of the country on highways and to areas not served by rail.

Slowing global demand

A downturn in the global economy and its impact on commercial vehicle demand posed a concern for manufacturers in 2019. The impact of the 2020 coronavirus pandemic on the transportation and logistics industry is predicted to exacerbate worries in the sector, and the health of the commercial vehicle industry will largely depend on the global recovery post-Covid.

Commercial vehicle production volume worldwide in 2018 and 2019, by region

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Source

Release date

2020

Region

Worldwide

Survey time period

2018 and 2019

Supplementary notes

The figures have been rounded.
Commercial vehicles include motor vehicles with at least four wheels that are used to transport goods or passengers and weigh more than 3.5 metric tons.
The source does not specify the date of publication.

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Statistics on "Motor vehicle production worldwide "

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