President Donald J. Trump took office on a promise to revitalize the American auto industry — and after just one year, he has unquestionably delivered. Today, as President Trump visits Michigan and tours the home to the assembly of Ford’s iconic F-150 pickup truck, the nation celebrates the U.S. auto industry’s robust resurgence under his leadership.

Under President Trump’s America First agenda, the American auto industry is primed for unprecedented expansion:

Automakers Are Thriving Amid Record-Breaking Sales

The past year marked the strongest year for new vehicle sales since 2019. Ford achieved its best annual sales in six years, General Motors reported soaring overall vehicle sales with its strongest SUV performance in decades, and Stellantis saw Jeep brand sales rise for the first time since 2018.

Vehicles Are More Affordable for American Families

New data indicates that prices for both new and used vehicles have decreased since President Trump took office — a trend complemented by recent declines in vehicle maintenance, repair, and insurance costs, as well as gas at its lowest average price in nearly five years.

Additionally, for the first time, Americans can deduct interest on auto loans for vehicles made-in-America — positioning the market for even greater demand.

Major Investments in Domestic Manufacturing

President Trump’s policies have catalyzed big investments from leading automakers to expand their U.S.-based production. Companies including Ford,  Stellantis, General Motors, Honda, Toyota, and many others are investing billions in American facilities, creating good-paying jobs and strengthening supply chains here in America — like right here in Michigan.

Tariffs Are Driving U.S. Manufacturing — Without Inflation

Contrary to Fake News doomcasting, President Trump’s tariffs have had no impact on vehicle prices — while his Section 232 tariffs on heavy duty trucks have instead fueled a revival in domestic manufacturing, with Ford CEO Jim Farley calling it a “really big deal.”

As Bloomberg noted: “[D]espite many analysts anticipating a bump up in prices for the 2026 model year, with automakers expected to do a lot more to pass along the tariff increases, that just really hasn’t happened.”

Streamlined Regulations Are Making U.S. Production More Competitive

President Trump has reversed onerous Biden-era fuel economy standards that would have added nearly $1,000 to the cost of the average new vehicle, delivering billions in savings for consumers. The Trump Administration also eliminated the unpopular vehicle stop-start requirement, authorized the production of affordable and efficient “tiny cars,” rescinded state-level electric vehicle mandates, and implemented other reforms to eliminate hidden cost increases imposed by Democrat policies.

These moves have earned wide praise from automakers and auto dealers alike as victories for “common sense and affordability.”