2017 vs. 2018 North American Automotive Projects, an Industrial Info Market Brief

Here is a look at the distribution of automotive projects (motor vehicle and passenger car bodies, along with parts and accessories) that Industrial Info is tracking in the United States, Mexico and Canada for 2017 and 2018 year-to-date. While Mexico is showing an increase in both the number of projects and the amount invested, both the U.S. and Canada show decreases in each of those categories. With the overall economic factors governing the world automotive markets, coupled with the effects of the new tariffs and the future impact of the new US-Canada-Mexico trade agreement, it will be interesting to see how these factors will affect projects going forward into 2019.