Apr 5, 2026
According to a report from Yahoo Finance, the increasing adoption of electric vehicles is reducing revenues for the U.S. Highway Trust Fund. This fund, which finances road infrastructure, relies heavily on a federal gasoline tax that has remained unchanged for over three decades.
Revenue for the fund has been declining over the past thirty years. Contributing factors include inflation and the current composition of the vehicle fleet, where electric models now constitute a small portion of light-duty vehicles in operation. The market position of traditional gasoline-powered vehicles, whose owners pay the tax, has contracted significantly since 2016.
Recent increases in gasoline prices, partly linked to geopolitical conflict, may accelerate consumer interest in electric vehicles. Owners of these vehicles do not contribute to the gas tax, which further pressures the trust fund. The fund reportedly faces annual financial shortfalls requiring congressional intervention.
An automotive industry association has proposed eliminating the federal gas tax. The group suggests implementing a single fee based on vehicle weight instead. The association argues this approach would ensure all vehicles help maintain transportation infrastructure.
Industry data from late March indicates a wide availability of electric vehicle models for sale in the United States. While electric vehicle sales declined in the most recent full year compared to the prior period, they still represented a notable share of new light-duty vehicle sales. As of the start of this year, hybrids captured a significant portion of monthly sales. The industry group suggests that sustained high gasoline prices could drive further market shifts toward both electric and hybrid vehicles.
Interactive table based on the Store Companies dataset for this report.
Sort: Rank
Sort: Company A-Z
Sort: Headquarters A-Z
#
Company
Headquarters
Focus
Scale
Note
1
General Motors
Detroit, Michigan
Full-line vehicles
Mass
Chevrolet, Cadillac, GMC, Buick
2
Ford Motor Company
Dearborn, Michigan
Full-line vehicles
Mass
Ford, Lincoln
3
Tesla
Austin, Texas
Electric vehicles
Mass
Model 3, Model Y, Model S, Model X, Cybertruck
4
Stellantis (US Operations)
Auburn Hills, Michigan
Full-line vehicles
Mass
Headquartered in Netherlands, major US ops
5
Rivian
Irvine, California
Electric adventure vehicles
Niche
R1T, R1S, commercial vans
6
Lucid Motors
Newark, California
Luxury electric vehicles
Niche
Air sedan, Gravity SUV
7
Fisker
Manhattan Beach, California
Electric vehicles
Niche
Ocean SUV, PEAR, Alaska
8
Panoz
Hoschton, Georgia
Sports cars
Very small
Low-volume manufacturer
9
Rezvani Motors
Irvine, California
High-performance sports/utility
Very small
Beast, Vengeance, Tank
10
SSC North America
Richland, Washington
Hypercars
Very small
Tuatara
11
Hennessey Special Vehicles
Sealy, Texas
High-performance modifications
Very small
Venom F5, tuned vehicles
12
Czinger Vehicles
Los Angeles, California
Hypercars
Very small
21C, additive manufacturing
13
Mullen Automotive
Brea, California
Electric vehicles
Niche
Five SUV, commercial vehicles
14
Karma Automotive
Irvine, California
Luxury electric vehicles
Niche
Revero GT, GS-6
15
Lordstown Motors
Lordstown, Ohio
Electric trucks
Niche
Endurance pickup, in Foxconn partnership
16
Bollinger Motors
Oak Park, Michigan
Electric utility vehicles
Niche
B4 chassis cab, Deliver-E van
17
Canoo
Torrance, California
Electric lifestyle vehicles
Niche
Lifestyle Vehicle, pickup, delivery van
18
Elio Motors
Phoenix, Arizona
Ultra-efficient three-wheeled
Niche
Prototype stage, not yet in production
19
Aptera Motors
Carlsbad, California
Solar electric three-wheeled
Niche
Launch Edition in development
20
Local Motors
Phoenix, Arizona
Low-volume, custom vehicles
Very small
Rally Fighter, 3D-printed cars
21
Vanderhall Motor Works
Provo, Utah
Three-wheeled autocycles
Very small
Venice, Laguna, Brawley
22
Polaris Inc. (Slingshot)
Medina, Minnesota
Three-wheeled autocycles
Niche
Slingshot is classified as autocycle
23
Arcimoto
Eugene, Oregon
Electric three-wheeled vehicles
Very small
FUV, Deliverator, Roadster
24
Campagna Motors
Boucherville, Canada
Three-wheeled vehicles
Very small
US subsidiary, T-Rex
25
Equus Automotive
Fort Lauderdale, Florida
High-performance sports cars
Very small
Bass 770 retro muscle car
26
Factory Five Racing
Wareham, Massachusetts
Kit cars
Very small
818, Type 65, ’33 Hot Rod kits
27
Superformance
Irvine, California
Replica continuation cars
Very small
Licensed Shelby Cobra, GT40 replicas
28
Saleen Automotive
Corona, California
High-performance sports cars
Very small
S7, modified Mustangs
29
PSC Motors
Montclair, California
Custom sports cars
Very small
Sylva makes kit cars
30
Trans Tech
Costa Mesa, California
Custom and replica vehicles
Very small
Speedster replicas, restorations
This report provides a comprehensive view of the passenger car industry in the United States, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the passenger car landscape in the United States.
Quick navigation
Key findings
Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating a distinct national cost curve.
Market concentration varies by segment, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.
Report scope
The report combines market sizing with trade intelligence and price analytics for the United States. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
Market size and growth in value and volume terms
Consumption structure by end-use segments
Production capacity, output, and cost dynamics
Trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions
Product coverageProdcom 29102100 – Vehicles with spark-ignition engine of a cylinder capacity. 1 .500 cm., newProdcom 29102230 – Motor vehicles with a petrol engine > 1 .500 cm. (including motor caravans of a capacity > 3 .000 cm.) (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)Prodcom 29102250 – Motor caravans with a spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1 .500 cm. but . 3 .000 cm.Prodcom 29102310 – Motor vehicles with a diesel or semi-diesel engine . 1 .500 cm. (excluding vehicles for transporting . .10 persons, s nowmobiles, golf cars and similar vehicles)Prodcom 29102330 – Motor vehicles with a diesel or semi-diesel engine > 1 .500 cm. but . 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)Prodcom 29102340 – Motor vehicles with a diesel or semi-diesel engine > 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)Prodcom 29102353 – Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 1 .500 cm. but . 2 .500 cm.Prodcom 29102355 – Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 2 .500 cm.Prodcom 29102400 – Other motor vehicles for the transport of persons (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)Prodcom 29102410 – Motor vehicles, with both spark-ignition or compression-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric powerProdcom 29102430 – Motor vehicles, with both spark-ignition or compression-ignition internal combustion piston engine and electric motor as motors for propulsion, capable of being charged by plugging to external source of electric powerProdcom 29102450 – Motor vehicles, with only electric motor for propulsionProdcom 29102490 – Other motor vehicles for the transport of persons (excluding vehicles with only electric motor for propulsion , vehicles for transporting u2265 10 persons, snowmobiles, golf cars and similar vehicles)Country coverageCountry profile and benchmarks
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for the United States. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links passenger car demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in the United States.
Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing companies
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context
How to use this report
Quantify domestic demand and identify the most attractive segments
Evaluate export opportunities and prioritize target destinations
Track price dynamics and protect margins
Benchmark performance against leading competitors
Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of passenger car dynamics in the United States.
FAQ
What is included in the passenger car market in the United States?
The market size aggregates consumption and trade data, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which benchmarks are included?
The report benchmarks market size, trade balance, prices, and per-capita indicators for the United States.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
1. INTRODUCTION
Report Scope and Analytical Framing
Report DescriptionResearch Methodology and the Analytical FrameworkData-Driven Decisions for Your BusinessGlossary and Product-Specific Terms2. EXECUTIVE SUMMARY
Concise View of Market Direction
Key FindingsMarket TrendsStrategic ImplicationsKey Risks and Watchpoints3. DOMESTIC MARKET SIZE AND DEVELOPMENT PATH
Market Size, Growth and Scenario Framing
Market Size: Historical Data (2012-2025) and Forecast (2026-2035)Growth Outlook and Market Development Path to 2035Growth Driver DecompositionScenario Framework and Sensitivities4. CATEGORY SCOPE, DEFINITIONS AND BOUNDARIES
Commercial and Technical Scope
What Is Included and How the Market Is DefinedMarket Inclusion CriteriaProduct / Category DefinitionExclusions and BoundariesDistinction From Adjacent Products and Substitute Categories5. CATEGORY STRUCTURE, SEGMENTATION AND PRODUCT MATRIX
How the Market Splits Into Decision-Relevant Buckets
By Product Type / ConfigurationBy Application / End UseBy Customer / Buyer TypeBy Channel / Business Model / Technology PlatformSegment Attractiveness MatrixProduct Matrix and Segment Growth Logic6. DOMESTIC DEMAND, CUSTOMER AND BUYER ARCHITECTURE
Where Demand Comes From and How It Behaves
Consumption / Demand: Historical Data (2012-2025) and Forecast (2026-2035)Demand by End-Use and Buyer GroupDemand by Customer / Consumer SegmentPurchase Criteria, Switching Logic and Adoption BarriersReplacement, Replenishment and Installed-Base DynamicsFuture Demand Outlook7. DOMESTIC PRODUCTION, SUPPLY AND VALUE CHAIN
Supply Footprint and Value Capture
Production in the CountryDomestic Manufacturing FootprintCapacity, Bottlenecks and Supply RisksValue Chain Logic and Margin PoolsDistribution and Route-to-Market Structure8. IMPORTS, EXPORTS AND SOURCING STRUCTURE
Trade Flows and External Dependence
ExportsImportsTrade BalanceImport DependenceSourcing Risks and Resilience9. PRICING, PROMOTION AND COMMERCIAL MODEL
Price Formation and Revenue Logic
Domestic Price Levels and CorridorsPricing by Segment / Specification / ChannelCost Drivers and Margin LogicPromotion, Discounting and Procurement PatternsRevenue Quality and Commercial Levers10. COMPETITIVE LANDSCAPE AND PORTFOLIO POWER
Who Wins and Why
Market Structure and ConcentrationCompetitive ArchetypesSegment-by-Segment Competitive IntensityPortfolio Breadth and Product PositioningCapability MatrixStrategic Moves, Partnerships and Expansion Signals11. DOMESTIC MARKET STRUCTURE AND CHANNEL LOGIC
How the Domestic Market Works
Core Demand CentersLocal Production and Distribution RolesChannel StructureBuyer and Procurement ArchitectureRegional Imbalances Within the Country12. GROWTH PLAYBOOK AND MARKET ENTRY
Commercial Entry and Scaling Priorities
Where to PlayHow to WinDistributor / Partner / Direct Entry OptionsCapability ThresholdsEntry Risks and Mitigation13. WHERE TO PLAY NEXT: MOST ATTRACTIVE GROWTH OPPORTUNITIES
Where the Best Expansion Logic Sits
Most Attractive Product NichesMost Attractive Customer SegmentsWhite Spaces and Unsaturated OpportunitiesHigh-Margin and Underpenetrated PocketsMost Promising Product Adjacencies14. PROFILES OF MAJOR COMPANIES
Leading Players and Strategic Archetypes
Leading Manufacturers and SuppliersProduction Footprint and CapacitiesProduct Portfolio and Segment FocusPricing Positioning and Indicative Price LogicChannel / Distribution StrengthStrategic Archetypes15. METHODOLOGY, SOURCES AND DISCLAIMER
How the Report Was Built
Modeling LogicSource RegisterPublications, Regulatory and Industry ReferencesAnalytical NotesDisclaimer
Loading News content from Store report…
General Motors
Chevrolet, Cadillac, GMC, Buick
Ford Motor Company
Ford, Lincoln
Tesla
Model 3, Model Y, Model S, Model X, Cybertruck
Stellantis (US Operations)
Headquartered in Netherlands, major US ops
Rivian
R1T, R1S, commercial vans
Lucid Motors
Air sedan, Gravity SUV
Fisker
Ocean SUV, PEAR, Alaska
Panoz
Low-volume manufacturer
Rezvani Motors
Beast, Vengeance, Tank
SSC North America
Tuatara
Hennessey Special Vehicles
Venom F5, tuned vehicles
Czinger Vehicles
21C, additive manufacturing
Mullen Automotive
Five SUV, commercial vehicles
Karma Automotive
Revero GT, GS-6
Lordstown Motors
Endurance pickup, in Foxconn partnership
Bollinger Motors
B4 chassis cab, Deliver-E van
Canoo
Lifestyle Vehicle, pickup, delivery van
Elio Motors
Prototype stage, not yet in production
Aptera Motors
Launch Edition in development
Local Motors
Rally Fighter, 3D-printed cars
Vanderhall Motor Works
Venice, Laguna, Brawley
Polaris Inc. (Slingshot)
Slingshot is classified as autocycle
Arcimoto
FUV, Deliverator, Roadster
Campagna Motors
US subsidiary, T-Rex
Equus Automotive
Bass 770 retro muscle car
Factory Five Racing
818, Type 65, ’33 Hot Rod kits
Superformance
Licensed Shelby Cobra, GT40 replicas
Saleen Automotive
S7, modified Mustangs
PSC Motors
Sylva makes kit cars
Trans Tech
Speedster replicas, restorations
Loading Reviews content from Store report…
Loading Dashboard content from Store report…
Loading Macro Indicators content from Store report…
