Motor vehicle and parts manufacturing gross output in U.S. 2012-2022

In 2022, U.S. motor vehicles and parts manufacturing generated a gross output of roughly 863 billion U.S. dollars. 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 80 million in 2021. That year, U.S. domestic auto production dipped to its lowest point since 2010, before increasing slighly 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 11 percent of the U.S. manufacturing sector's gross output in 2021. On the whole, U.S manufacturing output fell 6.3 percent in March 2020. 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.