US passenger car production fell by 2.2% in the first half of 2019
- US passenger car production according to the European definition (i.e. including SUVs and minivans) fell by 2.2% in the first half of 2019, whereas it had already fallen by 1.7% over the whole of 2018 and by 7.8% over the whole of 2017. These sub-standard performances are mainly due to the decline in deliveries of cars manufactured in the USA and exported mainly to Canada, Mexico, China and even Europe, following the decline in world markets in 2018, which worsened in 2019. The US market managed to remain stable over the same period.
- The United States exports mainly German cars (Volkswagen, Audi, BMW, Mercedes), particularly to China, where taxes on imported cars have increased significantly, in response to the increase in taxes on Chinese products imported into the United States. The trade war between the United States and China has therefore had as its first victims the German cars produced in the United States...
- Given that the US market is likely to decline in the coming years, due to the rise in car prices due to the rise in raw material prices, another consequence of the trade war between China and the United States, and due to a downward cycle following an eight-year upward cycle, production volume is expected to decline in the coming years. Donald Trump's proposals for relocations to the USA have had little impact, since the volume of US production remains lower in 2017, 2018 and 2019 than in 2015 and 2016.
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