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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 54% in May 2026, expanding for the fifth straight month.

U.S. Manufacturing PMI®

Michigan Vehicle Production

decreased 6.8% in April 2026.

Michigan Vehicle Production

Annual U.S. Light Vehicle Sales (SAAR)

increased 3.1% to 16.1 million units in May 2026

Annual U.S. Light Vehicle Sales (SAAR)

U.S. Manufacturing PMI®

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

The U.S. manufacturing sector expanded in May for the fifth straight month following a 10-month period of contraction, registering 54%, an increase of 1.3 percentage points as compared to April. This is the highest PMI® reading since it registered 55.9% in May 2022.

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 May 2026

New light-vehicle sales in May reached a SAAR of 16.1 million units, an increase of 3.1% compared to May 2025. There were five weekends this May, including the Memorial Day weekend — typically a strong time for new-vehicle sales. Through May, the year-to-date SAAR is 15.7 million units, down 4.5% year over year. As in March and April, year-over-year sales comparisons in May are distorted by the significant pull-ahead volume last year as consumers moved up purchases to secure a vehicle before auto tariffs took effect.

 

 

Monthly U.S. Light Vehicle Sales

Vehicle Sales Are Up Compared to the Previous Month

Monthly vehicle sales volume in May totaled 1.49 million units, an increase of 7.0% compared to April.

Michigan Vehicle Production

Michigan Vehicle Production Decreased in April 2026

Michigan motor vehicle production decreased in April to 155,099 units, 6.8% lower than March’s production, and 4.1% above last year’s level. Nationally, motor vehicle production decreased in April to 884,680 total units, or 2.9%Z lower than the prior month, and 2.9% above its year ago level. From March to April, Michigan’s car production decreased from 8,869 units to 6,462, while the State’s truck production decreased from 157,515 units to 148,637.

Michigan Automotive Manufacturing Employment

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

Michigan’s automotive manufacturing employment totaled 154,600 in April 2026, down 3% year over year. In 2025, annual automotive manufacturing employment in Michigan declined by nearly 4%, a loss of approximately 6,500 jobs compared to 2024.

Updated June, 9 2026

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

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