North America’s new vehicle market: prospects to 2025 and beyond

Automotive World looks at North America’s new vehicle market over the five years to 2025 and the way the country is approaching next-generation mobility

North America’s new vehicle market: prospects to 2025 and beyond





This Automotive World report looks at the prospects for the passenger car and commercial vehicle sectors in North America from 2021 to 2025 and the potential for future mobility technologies and business models over the longer term.

Table of contents

List of figures

  • Figure 1: North American & US LV demand 1990-2020
  • Figure 2: Canada & Mexico LV demand 1990-2020
  • Figure 3: LV demand index Canada, Mexico, US, 1990=100
  • Figure 4: Average age (years), US LVs
  • Figure 5: Stock of LVs (mils) at peak scrap age of 13-17 years, USA
  • Figure 6: Percentage of US vehicle purchases with financing
  • Figure 7: North America LV sales by segment, 2020
  • Figure 8: Credit score profiles, new and used loan/lease
  • Figure 9: Change in sales by brand, North American LVs, 2020 -v- 2019
  • Figure 10: GDP forecasts
  • Figure 11: North American LV demand, 1990-2025
  • Figure 12: US truck cycle (unit sales 000s)
  • Figure 13: North America & US sales, Class 4-8
  • Figure 14: Canada & Mexico sales, Class 4-8
  • Figure 15: Canada, Mexico & US sales index
  • Figure 16: Brand shares (%) North America Class 4-8
  • Figure 17: North American MHCV demand, 1992-2025

Executive summary

Chapter 1: North America’s new vehicle market – prospects to 2025

  • Recent LV demand
  • Market characteristics
  • Tariffs, and trade agreements / wars
  • Market shares
  • Economic outlook
  • Outlook for LV demand
  • North America's Class 4-8 market
  • Outlook for Class 4-8 demand

Chapter 2: Future mobility in North America – the industry perspective

Appendix (Excel)

  • Historic vehicle sales by OEM group and brand (2016-2020)
  • Vehicle sales forecasts by OEM group and brand (2021-2025)

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