MichAuto > Automotive Economic Indicators

Automotive Economic Indicators

Automotive Manufacturing

The Detroit Regional Chamber’s Data and Research team tracks key statistics highlighting the Detroit Region’s automotive economic growth and recovery.

U.S. Manufacturing PMI®

registered at 52.7% in April 2026, expanding for the fourth straight month.

U.S. Manufacturing PMI®

Michigan Vehicle Production

increased 15% in February 2026

Michigan Vehicle Production

Annual U.S. Light Vehicle Sales (SAAR)

reached 16.3 million units in March 2026

Annual U.S. Light Vehicle Sales (SAAR)

U.S. Manufacturing PMI®

Economic Activity in the Manufacturing Sector Expands for the Fourth Straight Month

The U.S. manufacturing sector expanded in April for the fourth straight month following a 10-month period of contraction, registering 52.7 percent, the same reading as March. Responded noted that geopolitical uncertainty and rising oil prices continue to weigh on demand.

ISM® states a reading above 50% shows that the manufacturing economy is generally expanding; below 50% indicates that it is generally contracting. The index is based on a monthly survey of supply chain managers and measures general direction of economic trends in manufacturing and other sectors.

Annual U.S. Light Vehicle Sales (SAAR)

New-Vehicle Sales Pace (SAAR) Up in March 2026

New light-vehicle sales reached a SAAR of 16.3 million units in March 2026, down 8.7% year over year. March 2025 saw significant pull-ahead sales volume following the announcement of tariffs on imported autos and auto parts as consumers flocked to dealer lots to buy vehicles before the tariffs went into effect.

 

 

Monthly U.S. Light Vehicle Sales

Vehicle Sales Are Down Compared to the Previous Year

Sales volume in March 2026 reached 1,434,372, representing a 12% decline compared with March of the previous year.

Michigan Vehicle Production

Michigan Vehicle Production Increased in February 2026

Michigan motor vehicle production increased in February to 157,815 units, 15.1 percent higher than
January’s production, and 3.2 percent above last year’s level. Nationally, motor vehicle production
increased in February to 846,306 total units, or 8.0 percent higher than the prior month, and 1.9 percent below its year ago level. From January to February, Michigan’s car production increased from 6,922 units to 6,958, while the State’s truck production increased from 130,231 units to 150,857.

Michigan Automotive Manufacturing Employment

Vehicle Manufacturing Employment Down in February 2026 Compared to the Previous Year

Michigan’s automotive manufacturing employment totaled 154,800 in February 2026, down 4% year-over-year and up 1.3% from the previous month. In 2025, annual Michigan automotive manufacturing employment was down almost 4% or 6,500 jobs compared to 2024.

Updated May, 1 2026

To view additional economic indicators, visit the Chamber’s Regional Overview of Monthly Economic Indicators.

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