The American automobile production is decreasing by 22% compared to 2019
- The American automobile production (North and South America) reached a volume of 11,842,762 units (PC + LUV) over the first 9 months of 2021. This figure represents an increase of 7.1% compared to the first 9 month of 2020, but a decrease of 22% compared to the first 9 months of 2019. As for Europe, the production figures were very bad for the third quarter of 2021, down sharply compared to the third quarter of 2020 and more compared to the third quarter of 2019. Here again, carmakers speak of semiconductors shortage to explain this poor performance, but it is also more likely that the demand for new vehicles is no longer as dynamic as before the Covid crisis.
- Of this total, the NAFTA region (USA-Mexico-Canada) produced 10,040,623 units (or nearly 85% of the region production), including 6,921,748 for the USA, 2,301,397 for Mexico and 817,478 for Canada. This NAFTA region grew 4.5% in the first 9 months of 2021 compared to the first 9 months of 2020, but remains down 21.2% compared to the first 9 months of 2019.
- Interestingly, the NAFTA region produced as many vehicles as the European Union in the first 9 months of 2021 (10,040,623 units for the NAFTA region and 10,084,262 for the EU).
- South America, which represents only 1,802,139 units out of the total of the two Americas, or 15% of this total, has progressed much more than the NAFTA region since Brazil has increased by 15% on the first 9 of 2021 and Argentina by 78% but these two countries had fallen more in 2020, due to greater difficulties linked to the coronavirus crisis.
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