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  2. Find comprehensive data and insights on the global automotive industry, covering production, sales, revenue, R&D, imports, exports, and more. Explore trends, forecasts, and comparisons by region, type, brand, and model.

  3. Automotive industry in the United States - statistics & facts. At just under 6.6 million kilometers in 2020 (approximately 4.1 million miles), the United States boasted the most extended road...

    • General Automotive Industry Statistics
    • The Automotive Industry and The Us Economy
    • Automotive Industry Jobs Statistics
    • Automotive Industry Trends and Predictions
    • Automotive Industry Statistics in The Pandemic
    • Environmental Impacts of The Automotive Industry
    • Automotive Industry FAQ
    • Conclusion
    • References
    • GeneratedCaptionsTabForHeroSec
    Over 10.9 million new light trucks and 2.9 million passenger cars were sold in the United States in 2022.
    There were 36.2 million used light vehicles sold in the United States in 2022.
    In 2022, Americans bought an approximate total of 13.75 million cars.
    As of 2020, 91.5% of households report having access to at least one vehicle.
    US vehicle sales fell by 8.6% in 2022.Vehicle sales dropped significantly in 2020, and while 2021 saw a sustainable recovery, sales still declined once again in 2022.
    The United States auto industry represents 3% of the total American GDP.Additionally, the auto industry is the United State’s largest exporter and generates more jobs than any other field. In the U...
    $114.6 billion in direct foreign investments were put into the United States auto industry in 2018.In 2018, 1.8 million new light vehicles and 131,200 medium/heavy trucks were exported from the Uni...
    The United States ranked second in the global automotive market with 9.2 million vehicles produced in 2021.The only country ahead of the United States in terms of vehicle production was China, with...
    The automobile industry employs over 1.7 million people in total.Jobs in the auto industry can focus on aspects like engineering, manufacturing, sales, and design.
    As of November 2021, 923,700 people are working in motor vehicles and parts manufacturing jobs in the United States.This amount of employees working in auto manufacturing has risen from 906,900 in...
    Around 2 million people work in auto sales jobs in the United States.Auto sales jobs make up around 1.25% of all employed Americans. That might not seem like a lot, but it’s a very significant numb...
    As of November 2021, 1,251,600 people are working at automobile dealerships.The number of people working at automobile dealerships has risen by 21,900 people from 1,229,700 since last year.
    The automobile industry in the United States has routinely fluctuated between 10 million cars sold to 17 million cars sold since 1976.The economic recession of 2008 brought about some of the lowest...
    The United States auto industry spends approximately $18 billion per year on research and development (RD).Despite being the highest contributor to greenhouse gas emissions, the automotive industry...
    The automotive market in North America is predicted to expand at a compound annual growth rate (CAGR) of around 7.22%.With this growthcomes more of a focus on producing electric vehicles to meet th...
    Between 2019 and 2020, the total number of vehicles sold dropped by approximately 13.3%.In 2019, there were approximately 16,961,000 sales of light vehicles in the United States. This number droppe...
    According to Kelly Blue Book, the average price for a new car has reached $38,723 as of September 2020.This is a price increase of 2.5% from the previous year. For the past 20 years, the cost of bu...
    The price of used cars increased by 17% between 2020 and 2021.The average price of a used car in 2020 was $23,371. This average price of a used car made an enormous leap to $27,297 in April of 2021...
    Due to limited vehicle transportation during the COVID-19 pandemic, the United States decreased its emissions by 13% in 2020.However, this drop in emissions that occurred immediately after lockdown...
    29% of greenhouse gas (GHG) emissions in the United States came from transportation in 2019
    58% of greenhouse gas (GHG) emissions from the United States transportation sector came from light-duty vehicles or passenger vehicles
    While the world’s energy emissions fell by a record-breaking 7% in 2020, the emissions from SUVs have increased by 0.5%, and oil consumption from SUVs soared to 5.5 million barrels per day
    The oil use in all cars other than SUVs has decreased by 10% or 1.8 million barrels per day in 2020, likely due to the impacts of COVID-19

    Americans depend on their 290.8 million registered vehicles to transport them across the roads, which is why the automotive industry is so incredibly profitable. The automotive fieldhas been fluctuating in its sales numbers for about the past 50 years, but in general, vehicle manufacturers in the United States are still one of the largest industrie...

    Statista. “Vehicle sales in the United States 1976-2020.” Accessed on August 18, 2021
    Doxo.“Cost of Car Ownership in the US: Auto Insurance and Auto Loans Reports 2021.” Accessed on August 18, 2021
    Ibisworld. “Car Automobile Manufacturing in the US – Market Size 2005–2027.” Accessed on August 18, 2021
    CarProUSA. “NADA First Quarter 2021 Auto Industry Analysis.”

    Learn about the size, trends, and impacts of the US auto industry, including vehicle sales, production, exports, employment, and revenue. Find out how the pandemic, environmental issues, and global competition affect the sector.

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  4. Find the latest data on employment, earnings, and hours for the automotive industry in the U.S. based on detailed industries. Compare the seasonally adjusted and not seasonally adjusted data series for different months and years.

  5. Jul 16, 2021 · July 16, 2021 | Article. (3 pages) The automotive industry pumped the brakes hard in the early months of the global COVID-19 pandemic. The effects began in China, where sales plunged 71 percent in February 2020; by April, sales had dropped 47 percent in the United States and dived 80 percent in Europe.

  6. Learn how the automotive industry can cope with economic headwinds and drive the technology transition to electric vehicles. See PwC's forecasts, analysis and recommendations for OEMs and suppliers.

  7. Motor vehicle production increased by three percent in 2021 year-on-year, amounting to around 80 million motor vehicles manufactured that year globally. The increase in output signals that the...

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