“The North American production volume outlook for growth remains, but we’re seeing some geographic shifts, mostly to the US. And amount of this growth will be encountered in the later years of our projections,” said Dan Lee, principal at the Southfield, MI office. And that’s largely due to the delays in EV adoption that we’ve seen whether that’s planned to be paused or not.”

In the US, volumes are increasing, largely due to shifting in production. “For example, the Stellantis Belvedere plant is reopening and reshoring volumes from Mexico with the Cherokee and Compass [Stellantis to Invest $13 Billion in U.S. Plants],… GM Orion [Chevrolet Silverado and GMC Sierra pickup trucks, as well as the Cadillac Escalade – AutoCrat.] and Fairfax are expanding. [GM Spending $30M at Fairfax to Flex EV and ICE Making] So that’s largely what’s driving growth within the U.S.”

“For Mexico we’re seeing USMCA tariff volume declining as OEMs are readjusting production strategy geographic locations… and within Canada it’s a bit of a mixed bag. We’ve seen investment from Ford with the Super Duty pickup truck volumes… So all in all, there is moderate growth for region with the U.S. dominating the volume gains over the seven-year forecast period.”