In preparation of this event, OICA has changed its logo. A Look at Trends and Statistics in the Automotive Aftermarket Industry. Size of the U.S. 5 Automakers are investing to make America more competitive. Auto sales are close to a record high in the United States, yet the American auto industry is in the midst of a massive upheaval. However, the United States was overtaken as the largest automobile producer by Japan in the 1980s, and subsequently by China in 2008. OICA CHANGES ITS LOGO. Edition Q3/2018" Report: "Automotive industry. Overall, the United States is the world’s second-largest market for vehicle sales and production. America's edge as the world's leading manufacturer has also slipped. In 1970, it was 24.3% of GDP, double what it was in 2018. FCA US, Ford, and General Motors are the top three auto brands that drive the US automotive industry. ... (exports). The automotive industry includes industries associated with the production, wholesaling, retailing, and maintenance of motor vehicles. OICA will celebrate its centennial in 2019. In preparation of this event, OICA has changed its logo. In 2018, U.S. light vehicle sales reached 17.2 million units, the fourth straight year in which sales reached or surpassed 17 million units. Discover all statistics and data on Trucking industry in the U.S. now on statista.com! The automotive industry includes industries associated with the production, wholesaling, retailing, and maintenance of motor vehicles. These companies employ about two-thirds of all autoworkers and run three in every five car assembly plants in the country.The same American Automotive Policy Council report discusses that these leading automakers produced more than 5.9 million vehicles in the country in 2017, which was equivalent to 77% of their US … Among the twists and turns on the road ahead are the fallout The aim is to reflect, in a modern logo, the future auto-mobility, based on the new technologies of connectivity. Find industry analysis, statistics, trends, data and forecasts on Auto Mechanics in the US from IBISWorld. 6 Every state is an “auto state.” 6 Automakers’ investments are contributing to the revival of manufacturing in America. For a generation that expects the comfort of an SUV with fuel and operational cost-effectiveness, crossover vehicles have become a big hit. In 2018, U.S. light vehicle sales reached 17.2 million units, the fourth straight year in which sales reached or surpassed 17 million units. The U.S. auto industry ended 2018 with sales of 17.3 million new vehicles, which beat expectations, but the outlook for 2019 is uncertain. The United States has one of the largest automotive markets in the world. * This industry is not formally defined in the North American Industry Classification System (NAICS), but the Bureau of Labor Statistics is referring to a group of detailed industries as the "automotive industry" for purposes of analysis. The U.S. automotive aftermarket is a $296 billion industry (2018) with a compound annual growth rate of 3.4% projected through 2021. Automotive Overview. 5 FCA US, Ford, and General Motors are in the driver’s seat. Top 10 Automotive Industry Trends to Watch in 2018 1. Discover all statistics and data on U.S. This dossier presents graphs and tables about the automotive industry in the United States. On average, the industry employs 17.9 million people. For some brands the statistics even go back as far as 1970. Here’s what you’ll find inside: Digital ad spending by format—search, display, mobile, digital video. Edition Q3/2018" In H1 2018, 362.1thousand vehicles were … The aim is to reflect, in a modern logo, the future auto-mobility, based on the new technologies of connectivity. We’re also seeing a shift away from dealership repairs, which now account for only 25% of aftermarket auto repair. The automotive industry in the United States began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. Crossover vehicles- Versatility meets practicality, and wins the buyer’s approval. Among the twists and turns on the road ahead are the fallout Car News - MarketWatch offers auto industry news articles as well as important automobile industry statistics. ... Motor Vehicle Sales and Expenditures for Automotive Products and Services in the United States. In 1970, China was the world's fifth-largest manufacturer. Manufacturing used to be a larger component of the U.S. economy. Quarterly report by PZPM and KPMG: "Automotive industry. Industry market research reports, statistics, analysis, data, trends and forecasts. Competitiveness Industry Analysis Statistics Trade Stats Express. Including an estimated 16,000 establishments across the United States, this industry is estimated to be valued at $880 billion annually.