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Car & Automobile Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car & Automobile Manufacturing Market Research Report | NAICS 33611a | Mar 2016

Smooth ride: Renewed consumer spending and a shift toward green vehicles will boost sales

IBISWorld’s Car & Automobile Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$127bn
Annual Growth 11-16
6.8%
Annual Growth 16-21
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Profit
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Employment
71,471
Businesses
159
Industry Analysis & Industry Trends

The Car and Automobile Manufacturing industry endured weak sales during the recession but has since recovered during the current five years due to rising consumer confidence and low interest rates. In addition, more Americans returned to work and consumer sentiment began to recover, making customers more likely to purchase big-ticket items, such as new vehicles. Over the next five years, strengthening economic conditions and returning consumer confidence will continue to fuel the industry, albeit at a slower rate. Automakers will also seek growth potential in the hybrid and fuel-efficient car market as they focus on developing gas-electric hybrid vehicles to increase fuel efficiency and cut exhaust emissions... purchase to read more

Industry Report - Industry Investment Chapter

Assembly plants are highly automated production lines fitted with high-tech machinery and equipment. Firms in this industry must spend large sums on their plants and equipment, with periodic reinvestment in the case of equipment failure. For every dollar spent on labor, the average industry firm will invest nearly $0.68 in capital equipment. This is one of the most capital intensive manufacturing industries, due to the complexity of automation machinery and the large capital investments needs to achieve economies of scale.

At the same time, this industry employs a substantial labor force. Although the ratio of capital investment to labor expenditure is quite high, wages nonetheless account for a large portion of cost structure, at 4.6%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car & Automobile Manufacturing Industry?

Companies in this industry manufacture cars and automobile chassis. These operators, which are referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacture of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.

Industry Products
Compact and subcompact carsMidsize sedansLarge carsLuxury cars
 
Industry Activities
Automobile assembling Automobile chassis


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