Manufacturing Economy Monitor
Motor Vehicles and Parts Manufacturing in North Carolina
Motor Vehicles and Parts manufacturing added $3.6B of value to North Carolina's economy in 2024, down 1.0% year over year. That ranks North Carolina 13th of 51 states and DC for this industry. It is 3.4% of North Carolina's manufacturing output. Nationally, motor vehicles and parts is a $184B industry (the 7th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.
Output and rank
- Value added: $3.6B in 2024, #13 of 51 states and DC for this industry.
- Growth: -1% year over year.
- Share of North Carolina's manufacturing: 3.4% of the state's total manufacturing value added.
- National context: motor vehicles and parts is a $184B industry nationally, #7 of the 19 manufacturing subsectors (-1% year over year).
- Classification: durable goods manufacturing (BEA subsector 3361MV).
Frequently asked questions
- How big is the motor vehicles and parts industry in North Carolina? Motor Vehicles and Parts added $3.6B of value in North Carolina in 2024, ranking the state 13th of 51 for this industry, per BEA state GDP-by-industry data.
- Is motor vehicles and parts growing in North Carolina? North Carolina's motor vehicles and parts output shrank 1.0% year over year to 2024. The chart above traces the full annual series since 1997.
- What share of North Carolina's manufacturing is motor vehicles and parts? Motor Vehicles and Parts is 3.4% of North Carolina's total manufacturing value added in 2024, per BEA state GDP-by-industry data.
About this data
- Source: U.S. Bureau of Economic Analysis (public domain). National quarterly values are seasonally adjusted annual rates. Corporate-profit industry detail reflects inventory valuation adjustment without capital consumption adjustment, per NIPA table 6.16D conventions.
Last reviewed 2026-05-12.