Discussions about the performance of NAFTA’s new vehicle market over the next few years inevitably involve discussions about potential changes in the structure of the region’s trading arrangements. President Trump’s plans to at least significantly amend the terms of the NAFTA deal have created uncertainty for all industrial sectors, not least the automotive industry. The recent agreement between the US and Mexico has removed some of the uncertainty, but negotiations with Canada continue.
Although the light vehicle market in the NAFTA region declined in 2017, following seven years of successive growth, the region’s medium and heavy commercial vehicle market grew by 2.6%. This report outlines why, if the economy performs as forecast, light vehicle demand could remain historically high; the report also discusses the ‘robustly positive’ strength of the medium and heavy commercial vehicle market.
This exclusive Automotive World report looks at the prospects for the light vehicle and heavy commercial vehicle sectors in the NAFTA region in 2018 and in the five years to 2022.
Table of contents
- Executive summary
- Chapter 1: Recent LV demand
- Chapter 2: Market characteristics
- Chapter 3: Market shares
- Chapter 4: Economic and trade outlook
- Chapter 5: Outlook for LV demand
- Chapter 6: NAFTA’s Class 4-8 market
- Chapter 7: Outlook for Class 4-8 demand