U.S. Automobile Exports Soar, Business and Industry Trends Analysis

America’s car manufacturers have benefitted greatly in recent years with the rebound in the willingness of Americans to buy cars and light trucks, with 17.2 million sold during 2018, roughly the same as 2017’s amount, and down from 2016’s 17.6 million.  At the same time, automobile exports have been very good in recent years.  For 2018, exports rose to $130.7 billion, up from $130.4 billion in 2017 and $124.6 billion in 2016. This growth in sales and exports is a huge benefit to domestic makers and foreign-owned plants alike.  In addition to plants operated by U.S. brands like Chrysler, Ford…

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