Light vehicle production across North America reached a total of 13.0 million units in 2020, down nearly 24 percent from production in 2018. This is projected to steadily recover throughout 2021 and 2022. Predictions indicate that the United States--the region's largest automotive market--will produce 11.6 million light vehicles in 2022 in addition to Mexico and Canada's combined 5.2 million.
Forecast light vehicle production in North America from 2018 to 2022, by country
(in millions)
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United States
Mexico
Canada
Total
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IHS Markit. (March 25, 2021). Forecast light vehicle production in North America from 2018 to 2022, by country (in millions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/269324/forecast-light-vehicles-production-north-america/
IHS Markit. "Forecast light vehicle production in North America from 2018 to 2022, by country (in millions)." Chart. March 25, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/269324/forecast-light-vehicles-production-north-america/
IHS Markit. (2021). Forecast light vehicle production in North America from 2018 to 2022, by country (in millions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/269324/forecast-light-vehicles-production-north-america/
IHS Markit. "Forecast Light Vehicle Production in North America from 2018 to 2022, by Country (in Millions)." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/269324/forecast-light-vehicles-production-north-america/
IHS Markit, Forecast light vehicle production in North America from 2018 to 2022, by country (in millions) Statista, https://www.statista.com/statistics/269324/forecast-light-vehicles-production-north-america/ (last visited July 22, 2024)
Forecast light vehicle production in North America from 2018 to 2022, by country (in millions) [Graph], IHS Markit, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/269324/forecast-light-vehicles-production-north-america/