US Automotive Industry

Countries covered: United States This report provides readers with a comprehensive overview of the US Automobile industry, the state of its two main components - light vehicles and medium & heavy duty trucks, its historical growth, and future outlook. Readers will gain an understanding of the various trends, drivers and challenges faced by the sector, the value chain as well as the various stakeholders involved in the automobile manufacturing business.

Additional Information

The US automobile industry, classified into two broad categories: Light Vehicles, and Medium and Heavy Duty Trucks, has been facing difficult times due to the result of lower vehicle sales volumes arising from slowing demand, and this is also reflected in a decline in the number of automobile dealerships and average number of vehicles sold per dealer. However, expectations of an economic revival and a positive outlook for the US employment sector is expected to augur well for the automobile industry, and sales volumes are expected to witness low single-digit CAGR growth over the next three years.

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