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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 | Feb 2015

Smooth ride: Renewed consumer spending and a shift toward green vehicles will drive growth

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
$107bn
Annual Growth 10-15
5.4%
Annual Growth 15-20
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Profit
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Employment
66,492
Businesses
203
Industry Analysis & Industry Trends

The Car and Automobile Manufacturing industry endured weak sales during the recession but has since recovered in the five years to 2015, 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 five years to 2020, the strengthening economic conditions and returning consumer confidence will continue to fuel the industry. 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 Locations Chapter

The majority of establishments are located in the Great Lakes area: General Motors in Detroit; Ford in Dearborn, MI; and Chrysler in Auburn Hills, MI. These three companies are often referred to as the Big Three, or the Detroit Three. The recession wreaked havoc on The Big Three, forcing GM and Chrysler into bankruptcy and drastic cutbacks for Ford. Ford closed assembly plants in St. Louis, Atlanta and St. Paul, MN, in 2007. GM and Chrysler, which both emerged from bankruptcy protection in mid-2009, closed a number of plants as these companies restructured themselves out of loss-making performances. The number of companies in the Great Lakes region has been falling as a result of the restructuring and the Big Three's financial woes... 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 operations, 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 and full-size sedansSports carsLuxury cars
 
Industry Activities
Automobile assembling Automobile chassis


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