OEM Investments in the U.S. in 2017
Investments focus on growing SUV demand as well as sustainability, mobility and autonomy
|BMW US Manufacturing Plant. Source: BMW|
Throughout both the 2016 presidential election and his first year in office, President Trump criticized automakers including General Motors, Toyota and Ford for importing vehicles to the U.S. from Mexico. At the 2017 North American International Auto Show, the first major automotive exhibition since the 2016 presidential election, many automakers highlighted both their previous and potential future investments in the U.S. While this seemed to be a response to President Trump's rhetoric, details indicate that the investments are more likely to be due to shifting trends in the U.S. market and in the automotive industry.
This report provides an overview of investments taking place in the U.S. announced by OEMs in 2017, and a production forecast of automakers in the U.S.
GM to concentrate resources on growth opportunities in North America and China (Oct. 2017)
Toyota's U.S. operations: full-scale release of Toyota brand TNGA and Lexus brand GA-L (Sep. 2017)
Hyundai Motor: Launching the Genesis Luxury brand and Ioniq green car series (May 2017)
U.S. Market Analysis: Market share for SUVs hits 40% (Apr. 2017)