Around 14.8 million motor vehicles were produced in North America in 2022. Vehicle production is a crucial element of the North American economy. Like many other manufacturing segments in the region, vehicle production has slumped in the past few years due to increased costs of production, changes in supply chains, and stoppages related to the onset of the coronavirus pandemic.
Future of free trade and vehicle production
The free trade agreement between Canada, the United States, and Mexico has had many opponents, the treaty has allowed a less restricted flow of products and capital across North America, which is now essential to the automotive industry supply chain. The requirements of the United States–Mexico–Canada Agreement (USTR), which became enforceable on July 1, 2020, includes that rules of origin (ROO) are to be met on automobiles, specifically that 75 percent of the finished vehicles’ value is to come from within the governed region: an increase in 12.5 percent as of 2018.
The United States remains North America's largest producer of automobiles
The North American automotive production region is comprised of Canada, the United States, and Mexico. The United States has by far the biggest market share. Roughly 8.6 million vehicles were assembled in the United States in 2020, whereas Mexico and Canada only assembled around 4.4 million combined.
Vehicle production in North America from 1990 to 2022
(in million units)
Characteristic
Production in million units
2022
14.8
2021
13.47
2020
13.37
2019
16.82
2018
17.42
2017
17.46
2016
18.15
2015
17.95
2014
17.42
2013
16.5
2012
15.8
2011
13.48
2010
12.16
2009
8.76
2008
12.92
2007
15.43
2006
15.88
2005
16.32
2004
16.22
2003
16.22
2002
16.72
2001
15.82
2000
17.66
1999
17.62
1998
16.03
1997
16.06
1996
15.45
1995
15.34
1994
15.68
1993
14.19
1992
12.74
1991
11.66
1990
12.53
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OICA. (June 8, 2022). Vehicle production in North America from 1990 to 2022 (in million units) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/204208/north-america-vehicle-production-since-1990/
OICA. "Vehicle production in North America from 1990 to 2022 (in million units)." Chart. June 8, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/204208/north-america-vehicle-production-since-1990/
OICA. (2022). Vehicle production in North America from 1990 to 2022 (in million units). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/204208/north-america-vehicle-production-since-1990/
OICA. "Vehicle Production in North America from 1990 to 2022 (in Million Units)." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/204208/north-america-vehicle-production-since-1990/
OICA, Vehicle production in North America from 1990 to 2022 (in million units) Statista, https://www.statista.com/statistics/204208/north-america-vehicle-production-since-1990/ (last visited September 01, 2024)
Vehicle production in North America from 1990 to 2022 (in million units) [Graph], OICA, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/204208/north-america-vehicle-production-since-1990/