Federal Register - November 8, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 213 / Monday, November 8, 2021 / Notices
62043
Figure 5: U.S. Light Truck Production Relative to Demand 35
3
25
2
15
1
05
0
-u_s.. SaresDemmd
-us. Producti.n
----- TraidU.S.. Prooociion
Source: Wards Intelligence InfoBank.
in the United States manufactured 11.0
million automobiles, representing 97
percent of overall domestic Americanand foreign-owned production of automobiles. By 2017, American-owned production fell to 4.6 million automobiles, amounting to 42 percent of
domestic automobile production i.e., a decline of 6.3 million units, and production by American-owned firms accounted for only 22 percent of total U.S. sales.72
72 Figure 6 accounts for the fact that Chrysler became foreign-owned in 1998. See supra note 6.
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Notably, the domestic performance of American-owned automobile manufacturers GM, Ford and Tesla underpins the dramatic contraction of production volumes in the United States. As shown in Figure 6, in 1985, American-owned automobile facilities