The US exported more vehicles than ever in 2014, and about half of those went to Canada and Mexico. The lingering effects of the financial crisis made the US a cheap place to build, and a growing global demand for crossovers made the world want our cars. It might not last, though.
Us Auto Production
Despite having fewer manufacturing plants than 1999, when US auto production reached an all-time fourth-quarter high of 4.28-million units, US factories are expected to make 4.02-million light vehicles in the period from October to December, Wards Auto reports. It would mark the best fourth quarter in 14 years, and the fourth best ever.
A growing number of foreign automakers have been shifting more vehicle production to the US – including recent announcement by Nissan and Honda – but Toyota could be on the verge of taking an unprecedented step by producing all of the cars it sells in the US right here in North America. According to the Detroit Free Press, Bill Fay, VP and GM of Toyota US, hinted at such a possibility, but the wording in the report makes it sound like this is far from a done deal and would not apply
With its influx of popular new products made in the US, Ford Motor Company has announced that it intends to hire 2,200 new salaried workers domestically this year. This is the biggest increase of salaried workers for Ford in the last 10 years, and it is all a part of Ford's contract commitment to the United Auto Workers union to bring 12,000 new jobs to the US by 2015.
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models