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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 | Dec 2015

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
$123bn
Annual Growth 10-15
8.4%
Annual Growth 15-20
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Profit
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Employment
72,355
Businesses
157
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, 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 Analysis Chapter

Over the five years to 2015, the Car and Automobile Manufacturing industry has experienced dramatic growth. After a downturn during the 2009 recession, demand from households and international buyers has driven up sales of all types of vehicles. While many domestic manufacturers have recorded the strongest growth in their SUV and light truck divisions, automobiles and cars sales have also been major sources of revenue. This is largely due to economic factors such as consumer confidence and low interest rates, which encouraged many households to release pent-up demand for vehicles. Low oil prices have also benefited industry operators, reducing the cost of vehicle ownership... 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 sedansLarge carsLuxury cars
 
Industry Activities
Automobile assembling Automobile chassis


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