Overview

The automotive industry is poised for significant turbulence over the next several years. We offer the most comprehensive and accurate data to inform our automotive industry forecasts.

Read our expert analysis to understand vehicle sales and production trends across fuel types and determine how geopolitical tensions may impact the industry.

Automotive Industry Outlook and Insights

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Automotive forecast
February 20, 2025

Trump Tariffs Could Hit Automakers Hard. What’s Next?

New executive orders—including the Trump tariffs announcement of 25% on Canada and Mexico and 10% on China—have continued at a regular pace over the last month. 

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From Our Experts

S&P Global Mobility

"The global automotive industry is facing numerous geopolitical, legislative and consumer-driven challenges.  It is critical for an automotive industry forecast to anticipate trends and new strategies amidst extreme volatility.  Vehicle electrification rates, trade-driven sourcing shifts and the growth of China-based vehicle manufacturers will alter the complexion of the industry for several years – determining winners and losers."

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Michael Robinet

Executive Director, Automotive Consulting

Michael Robinet