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Automobile and light duty motor vehicle manufacturers have faced many challenges through the current period. Significant technological improvements, particularly regarding hybrid and electric vehicles, internal combustion engine fuel efficiency, infotainment development and autonomous driving capabilities, have spurred global demand from the growing global middle class. Even so, the pandemic led to a monumental slowdown, slashing vehicle demand. Similarly, rampant inflation and climbing interest rates made car buying more expensive, limiting potential growth despite pent-up demand for driving and travel following lockdown restrictions. Regardless, easing interest rates have created new opportunities in consumer markets, contributing to overall growth, despite many quarterly peaks and valleys. Overall, revenue has climbed at an expected CAGR of 2.3% to $392.9 billion through the current period, despite a 0.2% decline in 2026, where profit settled at 5.1% of revenue.
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IBISWorld's research coverage on the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released January 2026.
The Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States operates under the NAICS industry code 33611. This industry comprises establishments primarily engaged in manufacturing complete automobile and light duty motor vehicles (i.e., body and chassis or unibody) or manufacturing chassis only. In other words, this industry covers all motor vehicle manufacturing except the manufacturing of medium to heavy trucks. Related terms covered in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States include hybrid, the big three, domestic internationals and sport utility vehicle (suv).
Products and services covered in Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States include Cars, Crossovers and SUVs.
Companies covered in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States include Ford Motor Co, General Motors Company and Stellantis N.V.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States.
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The market size of the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States is $392.9bn in 2026.
There are 165 businesses in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States, which has declined at a CAGR of 5.2 % between 2021 and 2026.
The Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
The Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
The market size of the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States has been growing at a CAGR of 2.3 % between 2021 and 2026.
Over the next five years, the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States is expected to grow.
The biggest companies operating in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States are Ford Motor Co, General Motors Company and Stellantis N.V.
Cars and Crossovers are part of the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States.
The company holding the most market share in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States is Ford Motor Co.
The level of competition is very high and increasing in the Automobile & Light Duty Motor Vehicle Manufacturing industry in the United States.