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U.S. automotive industry - vehicle production 2011-2023

U.S. motor vehicle production from 2011 to 2023 (in million units)

by I. Wagner, last edited Sep 10, 2019
U.S. automotive industry - vehicle production 2011-2023 U.S. motor vehicle production came to approximately 11 million units in 2017. Following strong post financial crisis growth, the U.S. motor industry is expected to enter a phase of stagnation. Between 2017 and 2023, output is expected to increase only marginally.

Sales outstrip production

Even though motor vehicle sales in the United States are projected to slow-down in the medium term, U.S. motor vehicle demand was significantly greater than supply in 2018 with over 17.7 million units sold. U.S. light vehicle sales are expected to hover around 17 million units in 2023.

Global production trend

Worldwide automobile production is declining as globalization wanes.
China is the largest manufacturer and consumer of passenger cars in the world. Import tariffs on Chinese autos and parts into the United States or vice versa could have a knock-on effect in other regions. Uncertainty of Brexit as well as sluggish economic trends in Japan and China are also likely to lower global motor production.
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U.S. motor vehicle production from 2011 to 2023 (in million units)

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