New Land Rover cars are seen in a parking lot at the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo - LR1ECA50NQBZZ

Foreign firms in the US will produce the same number of cars as American companies for the first time

1.4 million

Foreign automakers are expected to produce 1.4 million vehicles on US soil in the first quarter 2018, matching the number of cars made by domestic companies for the first time.

Published   |  Photo by Reuters/Phil Noble
New Land Rover cars are seen in a parking lot at the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo - LR1ECA50NQBZZ
1.4 million

As Asian and European firms advance, Ford, General Motors, and Fiat Chrysler—the three major US car makers—are losing market share.

New Land Rover cars are seen in a parking lot at the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo - LR1ECA50NQBZZ
1.4 million

Foreign car makers like Volvo, BMW, and Daimler are opening or expanding factories in the southern US, attracted by cheaper labor and tax breaks.

New Land Rover cars are seen in a parking lot at the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12 , 2016. REUTERS/Phil Noble/File Photo - LR1ECA50NQBZZ
1.4 million

This week, Japan’s Toyota and Mazda said they would open a factory in Alabama, investing $1.6 billion and creating 4,000 jobs.

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