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Key information about United States Motor Vehicle Production
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Car Production in the United States increased to 10.35 Million Units in February from 9.28 Million Units in January of 2025. This dataset provides - United States Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.
Automobile and light duty motor vehicle manufacturers have contended with many challenges through the current period. Significant technological improvements, particularly regarding hybrid and electric vehicles, internal combustion engine fuel efficiency, infotainment development and autonomous driving capabilities, have spurred global demand from the growing global middle class. Even so, the pandemic led to a monumental slowdown, slashing vehicle demand. Similarly, rampant inflation and climbing interest rates made car buying more expensive, limiting potential growth despite pent-up demand for driving and travel following lockdown restrictions. Regardless, easing interest rates have created new opportunities in consumer markets, contributing to overall growth, despite many quarterly peaks and valleys. Overall, revenue has climbed at an expected CAGR of 2.4% to $364.5 billion through the current period, including a 2.7% jump in 2025, where profit reached 5.4%. Aluminum and steel are significant inputs for most automakers. Most input manufacturers cut production amid the pandemic, leaving automakers with supply chain shortages and long lead times, especially as automotive demand rebounded following the pandemic. Semiconductors and other integral electronic component manufacturers also failed to meet automaker's demand, exacerbating supply chain issues. Despite these issues, manufacturers have successfully pushed costs onto consumers, expanding profit. Many companies have also expressed greater supply chain oversight following disruptions, leading to more nearshoring, vertical integration and strategic partnerships and alliances. Even so, labor strikes, union demands and lingering economic uncertainty have contributed to volatility. Innovation and the economy's recovery will drive growth through the outlook period. Automakers will continue to invest heavily in technology and innovation, making waves with new electric and autonomous driving technologies. Companies will also lean on government support regarding electric and hybrid vehicle technology to generate strong returns and appeal to more consumers. However, the new presidential administration may cut EV rebates and implement new trade policies, potentially hindering the industry's growth outlook. Overall, revenue will expand at an expected CAGR of 1.3% to $410.4 billion through the outlook period, where profit will reach 5.7%.
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Key information about United States Motor Vehicle Sales: Passenger Cars
The U.S. auto industry sold nearly three million cars in 2024. That year, total car and light truck sales were approximately 15.9 million in the United States. U.S. vehicle sales peaked in 2016 at roughly 17.5 million units. Pandemic impact The COVID-19 pandemic deeply impacted the U.S. automotive market, accelerating the global automotive semiconductor shortage and leading to a drop in demand during the first months of 2020. However, as demand rebounded, new vehicle supply could not keep up with the market. U.S. inventory-to-sales ratio dropped to its lowest point in February 2022, as Russia's war on Ukraine lead to gasoline price hikes. During that same period, inflation also impacted new and used car prices, pricing many U.S. consumers out of a market with increasingly lower car stocks. Focus on fuel economy The U.S. auto industry had one of its worst years in 1982 when customers were beginning to feel the effects of the 1973 oil crisis and the energy crisis of 1979. Since light trucks would often be considered less fuel-efficient, cars accounted for about 77 percent of light vehicle sales back then. Thanks to improved fuel economy for light trucks and cheaper gas prices, this picture had completely changed in 2020. That year, prices for Brent oil dropped to just over 40 U.S. dollars per barrel. The decline occurred in tandem with lower gasoline prices, which came to about 2.17 U.S. dollars per gallon in 2020 - and cars only accounted for less than one-fourth of light vehicle sales that year. Four years on, prices are dropping again, after being the highest on record since 1990 in 2022.
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United States Employment: NF: PW: RT: Automotive Parts & Accessories data was reported at 323.500 Person th in Jan 2025. This records a decrease from the previous number of 324.000 Person th for Dec 2024. United States Employment: NF: PW: RT: Automotive Parts & Accessories data is updated monthly, averaging 273.800 Person th from Jan 1990 (Median) to Jan 2025, with 421 observations. The data reached an all-time high of 327.200 Person th in Jun 2024 and a record low of 228.800 Person th in Feb 1992. United States Employment: NF: PW: RT: Automotive Parts & Accessories data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G062: Current Employment Statistics Survey: Employment: Production Worker: Non Farm Payroll.
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Auto Exports in the United States decreased to 64.40 Thousand in December from 68.70 Thousand in November of 2024. This dataset includes a chart with historical data for the United States Auto Exports.
In 2024, the auto industry in the United States sold approximately 15.9 million light vehicle units. This figure includes retail sales of about three million passenger cars and just under 12.9 million light trucks. Lower fuel consumption There are many kinds of light vehicles available in the United States. Light-duty vehicles are popular for their utility and improved fuel economy, making them an ideal choice for savvy consumers. As of Model Year 2023, the light vehicle manufacturer with the best overall miles per gallon was Kia, with one gallon of gas allowing for 30.4 miles on the road. Higher brand satisfaction When asked about light vehicle satisfaction, consumers in the United States were most satisfied with Toyota, Subaru, Tesla, and Mercedes-Benz models. Another survey conducted in 2018 and quizzing respondents on their stance regarding the leading car brands indicated that Lexus was among the most dependable brands based on the number of problems reported per 100 vehicles.
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United States AHE: PW: OS: Automotive Repair & Maintenance data was reported at 26.210 USD in Jan 2025. This records a decrease from the previous number of 26.220 USD for Dec 2024. United States AHE: PW: OS: Automotive Repair & Maintenance data is updated monthly, averaging 14.690 USD from Jan 1990 (Median) to Jan 2025, with 421 observations. The data reached an all-time high of 26.220 USD in Dec 2024 and a record low of 9.070 USD in Jan 1990. United States AHE: PW: OS: Automotive Repair & Maintenance data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G070: Current Employment Statistics Survey: Average Hourly Earnings: Production Workers.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to Feb 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
Over the course of the 20th century, the number of operational motor vehicles in the United States grew significantly, from just 8,000 automobiles in the year 1900 to more than 183 million private and commercial vehicles in the late 1980s. Generally, the number of vehicles increased in each year, with the most notable exceptions during the Great Depression and Second World War.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: New Vehicles in U.S. City Average (CUUR0000SETA01) from Mar 1947 to Jan 2025 about vehicles, urban, new, consumer, CPI, inflation, price index, indexes, price, and USA.
About the Data: The dataset includes recall information related to specific NHTSA campaigns. Users can filter based on characteristics like manufacturer and component. The dataset can also be filtered by recall type: tires, vehicles, car seats, and equipment. The earliest campaign data is from 1966. The dataset displays the completion rate from the latest Recall Quarterly Report or Annual Report data from Year 2015 Quarter 1 (2015-1) onward. Data Reporting Requirement: Manufacturers who determine that a product or piece of original equipment either contains a safety defect or is not in compliance with Federal safety standards are required to notify NHTSA within 5 business days. NHTSA requires that manufacturers file a Defect and Noncompliance Report in compliance with Federal Regulation 49 (the National Traffic and Motor Safety Act) Part 573, which identifies the requirements for safety recalls. This information is stored in the NHTSA database referenced above. Notes: The default visualization depicted here represents only the top 12 manufacturers for the current calendar year. Please use the Filters for specific data requests. For a complete historical perspective, please visit: https://www.nhtsa.gov/sites/nhtsa.gov/files/2023-03/2022-Recalls-Annual-Report_030223-tag.pdf.
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United States AHE: sa: PW: RT: Auto Parts, Accessories & Tire Stores data was reported at 22.340 USD in Dec 2024. This records an increase from the previous number of 22.250 USD for Nov 2024. United States AHE: sa: PW: RT: Auto Parts, Accessories & Tire Stores data is updated monthly, averaging 13.335 USD from Jan 1990 (Median) to Dec 2024, with 420 observations. The data reached an all-time high of 22.600 USD in Mar 2024 and a record low of 7.770 USD in Jan 1990. United States AHE: sa: PW: RT: Auto Parts, Accessories & Tire Stores data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G071: Current Employment Statistics Survey: Average Hourly Earnings: Production Workers: Seasonally Adjusted.
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United States AHE: PW: OS: General Automotive Repair data was reported at 28.950 USD in Nov 2024. This records an increase from the previous number of 28.690 USD for Oct 2024. United States AHE: PW: OS: General Automotive Repair data is updated monthly, averaging 15.400 USD from Jan 1990 (Median) to Nov 2024, with 419 observations. The data reached an all-time high of 28.950 USD in Nov 2024 and a record low of 9.810 USD in Feb 1990. United States AHE: PW: OS: General Automotive Repair data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G070: Current Employment Statistics Survey: Average Hourly Earnings: Production Workers.
In 2023, California had the most automobile registrations: almost 13.2 million such vehicles were registered in the most populous U.S. federal state. California also had the highest number of registered motor vehicles overall: nearly 30.4 million registrations.
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Graph and download economic data for Producer Price Index by Industry: Automotive Parts, Accessories and Tire Retailers (PCU44134413) from Dec 2001 to Feb 2025 about parts, vehicles, PPI, industry, inflation, price index, indexes, price, and USA.
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United States AHE: PW: RT: Automotive Parts & Accessories data was reported at 22.570 USD in Dec 2024. This records an increase from the previous number of 22.140 USD for Nov 2024. United States AHE: PW: RT: Automotive Parts & Accessories data is updated monthly, averaging 12.805 USD from Jan 1990 (Median) to Dec 2024, with 420 observations. The data reached an all-time high of 23.560 USD in Jan 2024 and a record low of 7.480 USD in Mar 1990. United States AHE: PW: RT: Automotive Parts & Accessories data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G070: Current Employment Statistics Survey: Average Hourly Earnings: Production Workers.
Sales of used light vehicles in the United States came to around 38.9 million units in the third quarter of 2024. The same period, approximately 15.6 million new light trucks and automobiles were sold here. Declining availability of vehicles In the fourth quarter of 2023, about 288.5 million vehicles were in operation in the United States, an increase of under one percent year-over-year. The rising demand for vehicles paired with an overall price inflation lead to a rise in new vehicle prices. In contrast, used vehicle prices slightly decreased. E-commerce: a solution for the bumpy road ahead? Financial reports have revealed how the outbreak of the coronavirus pandemic has triggered a shift in vehicle-buying behavior. With many consumer goods and services now bought online due to COVID-19, the automobile industry has also started to digitally integrate its services online to reach consumers with a preference for contactless test driving amid the global crisis. Several dealers and automobile companies had already begun to tap into online car sales before the pandemic, some of them being Carvana and Tesla.
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United States AHE: sa: PW: OS: Automotive Body, Interior & Glass Repair data was reported at 26.670 USD in Jan 2025. This records a decrease from the previous number of 26.920 USD for Dec 2024. United States AHE: sa: PW: OS: Automotive Body, Interior & Glass Repair data is updated monthly, averaging 17.720 USD from Jan 1990 (Median) to Jan 2025, with 421 observations. The data reached an all-time high of 27.070 USD in Mar 2024 and a record low of 10.340 USD in Jan 1990. United States AHE: sa: PW: OS: Automotive Body, Interior & Glass Repair data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G071: Current Employment Statistics Survey: Average Hourly Earnings: Production Workers: Seasonally Adjusted.
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Key information about United States Motor Vehicle Production