US Auto Assemblies Hit 11 Million in July as Orders Climb to $73.1 Billion
Updated
Updated · Australian Manufacturing · Aug 18
US Auto Assemblies Hit 11 Million in July as Orders Climb to $73.1 Billion
3 articles · Updated · Australian Manufacturing · Aug 18
Summary
US motor vehicle assemblies rose to an annualized 11 million units in July, the highest level since July 2023, extending signs that factory output is holding up despite tariff and energy-cost pressure.
New orders for motor vehicles and parts reached $73.1 billion in June, up from $72.1 billion in March and 10.6% from a year earlier, underpinning the production gains.
Auto and light-truck sales eased to a 16.3 million SAAR in July from 16.6 million in June but stayed above 16 million for a fourth straight month, suggesting demand has not materially broken.
Price data showed limited pass-through so far: new-vehicle prices rose 0.5% year over year in June, while producer prices increased 1.6% for vehicle manufacturing and 2.1% for parts.
The industry still faces risks from tariffs, supply chains, energy costs and affordability, though recent Fed rate cuts could support financed purchases through the rest of 2026.