New Cars North America (NAFTA) Industry Guide 2020-2029


Summary

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 2029). 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 $732.9 billion in 2024.The Mexico was the fastest growing country, with a CAGR of 11.1% over the 2020-24 period.
  • Within the new cars industry, the US is the leading country among the NAFTA bloc, with market revenues of $655.4 billion in 2024. This was followed by Canada and Mexico, with a value of $57.4 and $20.0 billion, respectively.
  • The US is expected to lead the new cars industry in the NAFTA bloc, with a value of $730.3 billion in 2029, followed by Canada and Mexico with expected values of $64.7 and $23.5 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 2024?
  • What will be the size of the NAFTA new cars market in 2029?
  • 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?