U.S. automotive industry - vehicle production 2020-2025

U.S. motor vehicle production is projected to reach some 11.7 million units by 2025. Following strong post financial crisis growth, the U.S. motor industry is expected to enter a phase of stagnation between 2020 and 2022.

Sales outstrip production

Even though motor vehicle sales in the United States are projected to slow down in the medium term, the U.S. is tipped to remain North America's largest vehicle sales market, and North American motor vehicle demand will likely continue to be greater than supply in 2020 with over 20 million units to be sold in North America. U.S. light vehicle sales are expected to hover around 17.7 million units in 2025.

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.

U.S. motor vehicle production from 2020 to 2025

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Source

Release date

2019

Region

United States

Survey time period

as of May 2020

Supplementary notes

The figures for 2017 through 2021 are projections.
The values have been rounded.
Includes heavy trucks.

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