The Ford Escape, made in the US |
The Americas had a 6% decrease for car manufacturing and 8% down for vehicle production. The main problems were Brazil and Argentina, two nations not doing well economically. They don't export enough vehicles to spread the risk so to speak, and the vagaries of Latin economies are well known.
Cars: The USA isn't a big car making nation, relying more on trucks. Only Mexico had an increase, and it is closing in on Brazil. Canada worries about not getting new factories, but that is a problem in all Western nations, apart from the US and that has slowed up.
Car | |||||||||
10 | 11 | 12 | 13 | 14 | Nation | 2014 | % | + / - | |
1 | 1 | 1 | 1 | 1 | USA | 4,253,098 | 43.3% | -3% | |
2 | 2 | 2 | 2 | 2 | Brazil | 2,314,789 | 23.5% | -15% | |
3 | 3 | 3 | 3 | 3 | Mexico | 1,915,709 | 19.5% | 8% | |
4 | 4 | 4 | 4 | 4 | Canada | 913,533 | 9.3% | -5% | |
5 | 5 | 5 | 5 | 5 | Argentina | 363,711 | 3.7% | -28% | |
6 | 6 | 6 | 6 | 6 | Colombia | 68,453 | 0.7% | -8% | |
7 | 7 | 7 | 7 | 7 | Venezuela | 3,959 | 0.0% | -76% | |
Total | 9,833,252 | -6% |
Total Vehicles: The USA makes over half of all vehicles made in the Americas, increasing its share in 2014. Mexico passed Brazil and deservedly so. Its open policy on trade deals is paying off handsomely, something Brazil could learn from. The worrywart Canadians can take heart that they was actually an increase in vehicle production.
Vehicle | |||||||||
10 | 11 | 12 | 13 | 14 | Nation | 2014 | % | + / - | |
1 | 1 | 1 | 1 | 1 | USA | 11,660,699 | 54.8% | 5% | |
3 | 3 | 3 | 3 | 2 | Mexico | 3,365,306 | 15.8% | 10% | |
2 | 2 | 2 | 2 | 3 | Brazil | 3,146,118 | 14.8% | -15% | |
4 | 4 | 4 | 4 | 4 | Canada | 2,393,890 | 11.2% | 1% | |
5 | 5 | 5 | 5 | 5 | Argentina | 617,329 | 2.9% | -22% | |
6 | 6 | 6 | 6 | 6 | Colombia | 68,453 | 0.3% | -8% | |
8 | 8 | 8 | 8 | 7 | Ecuador | 24,322 | 0.1% | 0% | |
7 | 7 | 7 | 7 | 8 | Venezuela | 7,859 | 0.0% | -71% | |
9 | - | - | - | - | Chile | ||||
Total | 21,283,976 | -8% |
Data source: OICA.
Summary: The production growth for the Northern part of the Americas is currently favouring Mexico. South America depends on the economies they are made in. The Mexican car industry is the star of the American auto production landscape. Low labour costs and and trade agreements seem to be the reasons.
Surprisingly the Honda CR-V is built in the US, Canada and Mexico |
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