North American Auto Confidence Hits Q2 High as USMCA Review Clouds Investment
Updated
Updated · Automotive News · Jul 8
North American Auto Confidence Hits Q2 High as USMCA Review Clouds Investment
3 articles · Updated · Automotive News · Jul 8
Summary
A second-quarter survey showed North American auto confidence at a record high, with all 4 industry sectors turning optimistic on the next 6 months for the first time.
That upbeat reading is colliding with uncertainty over the USMCA review, which is leaving automakers and suppliers unclear on future trade rules and delaying investment decisions.
Tariffs, vehicle affordability and competition from China remained the industry's main concerns even as sentiment improved across the region.
The split between stronger confidence and unresolved trade risk underscores how policy uncertainty is still shaping North American auto production and capital spending.