In 2024, U.S. motor vehicles and parts manufacturing generated a gross output of roughly ****billion U.S. dollars. This resembles a decrease of about *** percent compared to 2023. Growth in the global automotive industry slowed down between 2018 and 2020; sales of new light vehicles decreased, and motor vehicle production output did not fully recover from the pandemic, reaching ** million units in 2021. That year, U.S. domestic auto production dipped to its lowest point since 2010, before increasing slightly in 2022.
Manufacturing output
Gross output is measured as the value of sales generated by an industry. Motor vehicles and parts manufacturing gross output represented over **** percent of the U.S. manufacturing sector's gross output in 2021. On the whole, U.S manufacturing output is stagnating since 2022. The future of the U.S. manufacturing industry will depend on economic recovery from the coronavirus pandemic, the automotive semiconductor shortage, and the raw material price inflation.
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BEA. (September 25, 2025). U.S. motor vehicle and parts manufacturing gross output from 2012 to 2024 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 14, 2026, from /statistics/258075/us-motor-vehicle-and-parts-manufacturing-gross-output/
BEA. "U.S. motor vehicle and parts manufacturing gross output from 2012 to 2024 (in billion U.S. dollars)." Chart. September 25, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 14, 2026. /statistics/258075/us-motor-vehicle-and-parts-manufacturing-gross-output/
BEA. (2025). U.S. motor vehicle and parts manufacturing gross output from 2012 to 2024 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 14, 2026. /statistics/258075/us-motor-vehicle-and-parts-manufacturing-gross-output/
BEA. "U.S. Motor Vehicle and Parts Manufacturing Gross Output from 2012 to 2024 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Sep 2025, /statistics/258075/us-motor-vehicle-and-parts-manufacturing-gross-output/
BEA, U.S. motor vehicle and parts manufacturing gross output from 2012 to 2024 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/258075/us-motor-vehicle-and-parts-manufacturing-gross-output/ (last visited July 14, 2026)
U.S. motor vehicle and parts manufacturing gross output from 2012 to 2024 (in billion U.S. dollars) [Graph], BEA, September 25, 2025. [Online]. Available: /statistics/258075/us-motor-vehicle-and-parts-manufacturing-gross-output/
