Auto Production Boosts Overall US Output
April surge stands out among industries as economy absorbs interest rates drag.
Motor vehicle and parts production jumped 9.3% following a decrease of nearly 2% in March.
IMAGE: Ford
Automotive manufacturing boosted overall U.S. industrial production in April, which rose for the first time in two months, the Federal Reserve reported.
Industrial output increased 0.5%, and manufacturing rose 1% on the tails of a “strong gain” in motor vehicles and parts output. Without the automotive contribution, manufacturing production rose 0.4%.
Motor vehicle and parts production jumped 9.3% following a decrease of nearly 2% in March.
An 8.4% increase in automotive products output propped up overall consumer durables production, the Fed said.
Production in general has been impacted by continually rising interest rates and their effect on consumer demand.
Automotive inventory, though, has increased in recent months as pandemic-caused supply constraints have started to loosen, making purchases more affordable than they were during the Covid crunch.
LEARN MORE: New-Vehicle Inventory at Two-Year High
Originally posted on Auto Dealer Today
More Industry
Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →