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New Cars North America (NAFTA) Industry Guide 2019-2028

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    Report

  • 143 Pages
  • November 2024
  • Region: North America
  • MarketLine
  • ID: 5312150
The NAFTA New Cars industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The new cars industry within the NAFTA countries had a total market value of $723.2 billion in 2023.The Mexico was the fastest growing country, with a CAGR of 0% over the 2019-23 period.
  • Within the new cars industry, the US is the leading country among the NAFTA bloc, with market revenues of $637.0 billion in 2023. This was followed by Canada and Mexico, with a value of $68.6 and $17.6 billion, respectively.
  • The US is expected to lead the new cars industry in the NAFTA bloc, with a value of $816.5 billion in 2028, followed by Canada and Mexico with expected values of $89.7 and $21.6 billion, respectively.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the NAFTA new cars market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA new cars market
  • Leading company profiles reveal details of key new cars market players’ NAFTA operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA new cars market with five year forecasts by both value and volume
  • Compares data from the US, Canada and Mexico, alongside individual chapters on each country

Reasons to Buy

  • What was the size of the NAFTA new cars market by value in 2023?
  • What will be the size of the NAFTA new cars market in 2028?
  • What factors are affecting the strength of competition in the NAFTA new cars market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the NAFTA new cars market?

Table of Contents

1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA New Cars
2.1. Industry Outlook
3 New Cars in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 New Cars in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 New Cars in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. Honda Motor Co Ltd
9.2. SAIC General Motors Corp Ltd
9.3. Hyundai Motor Co
9.4. Toyota Motor Corp
9.5. Volkswagen AG
9.6. Stellantis NV
9.7. Renault-Nissan-Mitsubishi Alliance
9.8. Suzuki Motor Corp
9.9. Chery Automobile Co Ltd
9.10. AvtoVAZ
9.11. Great Wall Motor Co Ltd
9.12. Bayerische Motoren Werke AG
9.13. BYD Co Ltd
9.14. Mahindra & Mahindra Ltd
9.15. Geely Automobile Holdings Ltd
9.16. Mazda Motor Corp
9.17. Tata Motors Ltd
9.18. Mercedes-Benz Group AG
9.19. SAIC Motor Corp Ltd
10 Appendix
10.1. Methodology
10.2. About the Publisher
List of Tables
Table 1: NAFTA countries new cars industry, revenue ($bn), 2019-28
Table 2: NAFTA countries new cars industry, revenue ($bn), 2019-23
Table 3: NAFTA countries new cars industry forecast, revenue ($bn), 2023-28
Table 4: Canada new cars market value: $ billion, 2018-23
Table 5: Canada new cars market volume: units, 2018-23
Table 6: Canada new cars market geography segmentation: $ billion, 2023
Table 7: Canada new cars market share: % share, by volume, 2023
Table 8: Canada new cars market value forecast: $ billion, 2023-28
Table 9: Canada new cars market volume forecast: units, 2023-28
Table 10: Canada Size of Population (million), 2019-23
Table 11: Canada real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 12: Canada GDP (Current Prices, $ Billion), 2019-23
Table 13: Canada Inflation, 2019-23
Table 14: Canada Consumer Price Index (Absolute), 2019-23
Table 15: Canada exchange rate, 2018-23
Table 16: Mexico new cars market value: $ billion, 2018-23
Table 17: Mexico new cars market volume: units, 2018-23
Table 18: Mexico new cars market geography segmentation: $ billion, 2023
Table 19: Mexico new cars market share: % share, by volume, 2023
Table 20: Mexico new cars market value forecast: $ billion, 2023-28
Table 21: Mexico new cars market volume forecast: units, 2023-28
Table 22: Mexico Size of Population (million), 2019-23
Table 23: Mexico real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 24: Mexico GDP (Current Prices, $ Billion), 2019-23
Table 25: Mexico Inflation, 2019-23
Table 26: Mexico Consumer Price Index (Absolute), 2019-23
Table 27: Mexico exchange rate, 2018-23
Table 28: United States new cars market value: $ billion, 2018-23
Table 29: United States new cars market volume: units, 2018-23
Table 30: United States new cars market geography segmentation: $ billion, 2023
Table 31: United States new cars market share: % share, by volume, 2023
Table 32: United States new cars market value forecast: $ billion, 2023-28
Table 33: United States new cars market volume forecast: units, 2023-28
Table 34: United States Size of Population (million), 2019-23
Table 35: United States real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 36: United States GDP (Current Prices, $ Billion), 2019-23
Table 37: United States Inflation, 2019-23
Table 38: United States Consumer Price Index (Absolute), 2019-23
Table 39: United States exchange rate, 2018-23
Table 40: Honda Motor Co Ltd: key facts
Table 41: Honda Motor Co Ltd: Annual Financial Ratios
Table 42: Honda Motor Co Ltd: Key Employees
Table 43: SAIC General Motors Corp Ltd: key facts
Table 44: SAIC General Motors Corp Ltd: Key Employees
Table 45: Hyundai Motor Co: key facts
Table 46: Hyundai Motor Co: Annual Financial Ratios
Table 47: Hyundai Motor Co: Key Employees
Table 48: Toyota Motor Corp: key facts
Table 49: Toyota Motor Corp: Annual Financial Ratios
Table 50: Toyota Motor Corp: Key Employees
Table 51: Toyota Motor Corp: Key Employees Continued
Table 52: Volkswagen AG: key facts
Table 53: Volkswagen AG: Annual Financial Ratios
Table 54: Volkswagen AG: Key Employees
Table 55: Volkswagen AG: Key Employees Continued
Table 56: Stellantis NV: key facts
Table 57: Stellantis NV: Annual Financial Ratios
Table 58: Stellantis NV: Key Employees
Table 59: Stellantis NV: Key Employees Continued
Table 60: Renault-Nissan-Mitsubishi Alliance: key facts
Table 61: Suzuki Motor Corp: key facts
Table 62: Suzuki Motor Corp: Annual Financial Ratios
Table 63: Suzuki Motor Corp: Key Employees
Table 64: Chery Automobile Co Ltd: key facts
Table 65: Chery Automobile Co Ltd: Key Employees
Table 66: AvtoVAZ: key facts
Table 67: AvtoVAZ: Key Employees
Table 68: Great Wall Motor Co Ltd: key facts
Table 69: Great Wall Motor Co Ltd: Annual Financial Ratios
Table 70: Great Wall Motor Co Ltd: Key Employees
Table 71: Bayerische Motoren Werke AG: key facts
Table 72: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 73: Bayerische Motoren Werke AG: Key Employees
Table 74: Bayerische Motoren Werke AG: Key Employees Continued
Table 75: BYD Co Ltd: key facts
Table 76: BYD Co Ltd: Annual Financial Ratios
Table 77: BYD Co Ltd: Key Employees
Table 78: Mahindra & Mahindra Ltd: key facts
Table 79: Mahindra & Mahindra Ltd: Annual Financial Ratios
Table 80: Mahindra & Mahindra Ltd: Key Employees
Table 81: Geely Automobile Holdings Ltd: key facts
Table 82: Geely Automobile Holdings Ltd: Annual Financial Ratios
Table 83: Geely Automobile Holdings Ltd: Key Employees
Table 84: Mazda Motor Corp: key facts
Table 85: Mazda Motor Corp: Annual Financial Ratios
Table 86: Mazda Motor Corp: Key Employees
Table 87: Mazda Motor Corp: Key Employees Continued
Table 88: Mazda Motor Corp: Key Employees Continued
Table 89: Mazda Motor Corp: Key Employees Continued
Table 90: Tata Motors Ltd: key facts
Table 91: Tata Motors Ltd: Annual Financial Ratios
Table 92: Tata Motors Ltd: Key Employees
Table 93: Mercedes-Benz Group AG: key facts
Table 94: Mercedes-Benz Group AG: Annual Financial Ratios
Table 95: Mercedes-Benz Group AG: Key Employees
List of Figures
Figure 1: NAFTA countries new cars industry, revenue ($bn), 2019-28
Figure 2: NAFTA countries new cars industry, revenue ($bn), 2019-23
Figure 3: NAFTA countries new cars industry forecast, revenue ($bn), 2023-28
Figure 4: Canada new cars market value: $ billion, 2018-23
Figure 5: Canada new cars market volume: units, 2018-23
Figure 6: Canada new cars market geography segmentation: % share, by value, 2023
Figure 7: Canada new cars market share: % share, by volume, 2023
Figure 8: Canada new cars market value forecast: $ billion, 2023-28
Figure 9: Canada new cars market volume forecast: units, 2023-28
Figure 10: Forces driving competition in the new cars market in Canada, 2023
Figure 11: Drivers of buyer power in the new cars market in Canada, 2023
Figure 12: Drivers of supplier power in the new cars market in Canada, 2023
Figure 13: Factors influencing the likelihood of new entrants in the new cars market in Canada, 2023
Figure 14: Factors influencing the threat of substitutes in the new cars market in Canada, 2023
Figure 15: Drivers of degree of rivalry in the new cars market in Canada, 2023
Figure 16: Mexico new cars market value: $ billion, 2018-23
Figure 17: Mexico new cars market volume: units, 2018-23
Figure 18: Mexico new cars market geography segmentation: % share, by value, 2023
Figure 19: Mexico new cars market share: % share, by volume, 2023
Figure 20: Mexico new cars market value forecast: $ billion, 2023-28
Figure 21: Mexico new cars market volume forecast: units, 2023-28
Figure 22: Forces driving competition in the new cars market in Mexico, 2023
Figure 23: Drivers of buyer power in the new cars market in Mexico, 2023
Figure 24: Drivers of supplier power in the new cars market in Mexico, 2023
Figure 25: Factors influencing the likelihood of new entrants in the new cars market in Mexico, 2023
Figure 26: Factors influencing the threat of substitutes in the new cars market in Mexico, 2023
Figure 27: Drivers of degree of rivalry in the new cars market in Mexico, 2023
Figure 28: United States new cars market value: $ billion, 2018-23
Figure 29: United States new cars market volume: units, 2018-23
Figure 30: United States new cars market geography segmentation: % share, by value, 2023
Figure 31: United States new cars market share: % share, by volume, 2023
Figure 32: United States new cars market value forecast: $ billion, 2023-28
Figure 33: United States new cars market volume forecast: units, 2023-28
Figure 34: Forces driving competition in the new cars market in the United States, 2023
Figure 35: Drivers of buyer power in the new cars market in the United States, 2023
Figure 36: Drivers of supplier power in the new cars market in the United States, 2023
Figure 37: Factors influencing the likelihood of new entrants in the new cars market in the United States, 2023
Figure 38: Factors influencing the threat of substitutes in the new cars market in the United States, 2023
Figure 39: Drivers of degree of rivalry in the new cars market in the United States, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AvtoVAZ
  • Bayerische Motoren Werke AG
  • BYD Co Ltd
  • Chery Automobile Co Ltd
  • Geely Automobile Holdings Ltd
  • Great Wall Motor Co Ltd
  • Honda Motor Co Ltd
  • Hyundai Motor Co
  • Mahindra & Mahindra Ltd
  • Mazda Motor Corp
  • Mercedes-Benz Group AG
  • Renault-Nissan-Mitsubishi Alliance
  • SAIC General Motors Corp Ltd
  • SAIC Motor Corp Ltd
  • Stellantis NV
  • Suzuki Motor Corp
  • Tata Motors Ltd
  • Toyota Motor Corp
  • Volkswagen AG