As previously mentioned, over 1.7 million people are employed by the auto industry. In addition, the industry is a huge consumer of goods and services from many other sectors and contributes to a net employment impact in the U.S. economy of nearly 8 million jobs.
How many employees does the US auto industry have?
The number of motor vehicles and parts manufacturing employees amounted to roughly 873,000 people in June 2021, up from around 850,000 the same month a year earlier….Number of U.S. automotive industry employees between June 2010 and 2021, by sector (in 1,000s)
| Characteristic | Manufacturing | Dealers |
|---|---|---|
| – | – | – |
What percentage of the market does the automobile industry control?
At around 17 percent, General Motors held the largest share of the auto market in the United States in 2020. General Motors remained the most successful automotive manufacturer in the United States….Estimated U.S. market share held by selected automotive manufacturers in 2020.
| Characteristic | Market share |
|---|---|
| – | – |
Is the automotive industry the biggest?
China is the largest automobile market worldwide, both in terms of demand and supply….Largest automobile markets worldwide in 2020, based on new car registrations (in million units)
| Characteristic | New car registrations in million units |
|---|---|
| – | – |
What percent of the US economy is the auto industry?
Automakers and their suppliers are America’s largest manufacturing sector, responsible for 3% of America’s GDP. 2 No other manufacturing sector generates as many American jobs.
Who is the number 1 automaker in the world?
1 car seller in 2020. Toyota overtook Volkswagen in car sales in 2020, regaining position as the world’s top selling automaker. Toyota said group-wide global sales fell 11.3% in 2020, compared to 15.2% drop at Volkswagen.
Which car companies sold the most in 2020?
Summary: The 20 Best-Selling Vehicles of 2020
- Ford Explorer. 226,217. 187,061.
- Toyota Corolla. 217,712. 280,808.
- Toyota Highlander. 212,276. 239,438.
- Jeep Grand Cherokee. 209,786. 242,969.
- Jeep Wrangler. 201,311. 228,042.
- Honda Accord. 199,458. 267,567. -25.5%
- Ford Escape. 178,496. 241,388. -26.1%
- Subaru Forester. 176,996. 180,179. -1.8%