openPR Logo
Press release

North American Automotive Industry Size, Share and Forecast 2019-2025

06-15-2020 03:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orion Market Research

North American Automotive Industry Size, Share and Forecast

As per the International Organization of Motor Vehicle Manufacturers (OICA), North America is witnessing a downfall in the sales of the vehicle from the past three years. Around 20.8 million vehicles were sold in 2019 as compared to 21.1 million in 2018. As per the International Trade Administration, the automotive sector supports around 4.0 million jobs in the US. The US witnessed around $115 billion FDI in 2018. The country exported around 1.8 million light vehicles and 131,000 medium and heavy trucks globally in 2018 which valued around $60 billion.

A full report description of Impact of COVID-19 Pandemic on North American Automotive Industry https://www.omrglobal.com/industry-reports/impact-of-covid-19-pandemic-on-north-american-automotive-industry

Before the COVID-19 pandemic, flat growth in the number of vehicle sales in North America was expected in 2020. New technologies such as self-driving vehicle technology, ADAS systems were expected to provide additional revenue on cars in the upcoming period. However, due to the COVID-19 pandemic, vehicle production and assembly have been halted at most of the units in the region and vehicle sales have been dropped by 70-90% at various locations in the first quarter of 2020.

Request a Free Report on Sample of Impact of COVID-19 Pandemic on North American Automotive Industry @ https://www.omrglobal.com/request-sample/impact-of-covid-19-pandemic-on-north-american-automotive-industry

By April 2020, the US became the most affected country due to the COVID-19. North America has witnessed around 600,000 cases due to COVID-19 by 13th April 2020. Out of this, around 560,000 were registered in the US alone, highest in any country all across the globe. As a health precaution and lower demand, the automotive companies had to halt the operations at most of its production and assembly plants in the region.

Market Segmentation

Sales Channel

• OEM
• Auto-Ancillary
• Aftermarket

Vehicle Type

• Passenger Vehicle
• Commercial Vehicle
• Propulsion Technology
• Conventional Energy Vehicles (Gasoline)
• New Energy Vehicles (Electric)

Regional Analysis

• The US
• Canada

Key vendors/manufacturers in the market:

The major players covered in Video Conferencing Services are:

• AB Volvo
• BMW AG
• Bridgestone Corp.
• Continental AG
• Cooper Tire & Rubber Co.
• Daimler AG
• Fiat Chrysler Automobiles N.V.
• Ford Motor Co.
• General Motors Co.
• Honda Motor Co. Ltd.
• Jaguar Land Rover Ltd.
• Key Safety Systems Inc.
• Nissan Motor Co., Ltd.
• Groupe Renault
• Robert Bosch GmbH
• Tesla Inc.
• The Goodyear Tire & Rubber Co.
• The Hyundai Motor Co.
• Toyota Motor Corp.
• Volkswagen AG

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-pandemic-on-north-american-automotive-industry

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. AnuragTiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release North American Automotive Industry Size, Share and Forecast 2019-2025 here

News-ID: 2074742 • Views:

More Releases from Orion Market Research

Used Cooking Oil Market Development, Industry Trends, Demand and Growth Analysis and Forecasts 2033
Used Cooking Oil Market Development, Industry Trends, Demand and Growth Analysis …
The global Used Cooking Oil (UCO) Market was valued at approximately USD 6.1 billion in 2023 and is projected to reach around USD 11.8 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of about 7.5% from 2024 to 2032. Used Cooking Oil Market Overview The Used Cooking Oil Market is gaining traction globally, driven by rising demand for sustainable biofuels, particularly biodiesel. Governments and environmental bodies are
Loader Buckets Market to see Huge Growth by 2028
Loader Buckets Market to see Huge Growth by 2028
Market experts do detailed market study about entire market from several angles to depict the most updated and key market data to form this detailed Loader Buckets Market research report and help startups to reinforce their presence. This report further aims at covering vital data and figures on major areas such Asia Pacific, North America, Middle East, Europe, Latin America and Africa.  Business participants can also obtain larger gains as
Probiotics Supplement Market Trends, Business Overview, Industry Growth and Fore …
The global probiotics supplement market is anticipated to grow at a significant CAGR of 7.2% during the forecast period (2022-2028). The rising consumer awareness for healthcare and fitness with rising disposable income, are likely to drive the market growth. Probiotics enable to maintenance of a healthy balance of gut flora and have been linked to a variety of health advantages, including weight loss, digestive health, and immunological function. The market
Brick Pavers Market Top Leading Players with Strategies and Forecast 2028
Brick Pavers Market Size, Share & Trends Analysis is a professional and in-depth study on the current state of the global Brick Pavers market with a focus on the  market. The report provides key statistics on market of Brick Pavers. It is a valuable source of guidance and direction for companies and individuals interested in Brick Pavers industry. Key Players Belgard Acme Brick Company The Belden Brick Company Wienerberger Pine Hall Brick Redland Brick   By Type General Brick Pavers Wall

All 5 Releases


More Releases for North

Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need. Whether you're moving
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032. Biosimulation, which involves the use of
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community. North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay. Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada. Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally. Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.