A Simple Key For automotive industry Unveiled

In preceding several years, the function served like a showcase for improvements inside the automotive industry, which includes electric automobiles, software program and autonomous driving engineering. 

This month’s insight follows up on our last Perception (Independent Automobile Mend Shop’s Greatest Competition) and describes who the impartial auto mend shop’s prime competitors are, why they’re the store’s …

Independent maintenance retailers have noticed a large fall in organization because of the COVID-19 pandemic and shelter-in-position limitations.  Some retailers are faring much better than Other people, some are more optimistic than …

“Michigan has a strong historical past of workforce programming geared to automotive creation, and as we think about the shift to EVs, it’s not The 1st time we’ve encountered technological or economic transform,” Smith stated.

Impartial car maintenance shop’s buying of private-label/retail outlet-brand name parts is increasing. Pretty much two/3rds of shops prepare on increasing their purchases about the next two yr and that is driven by …

Prospective buyers remain worried about the cost of EVs and a lack of a national charging infrastructure, hampering EV adoption. Study the full post ➔ The UAW won significant for upcoming EV battery crops

Even though the agenda for 2025 hasn't been finalized, we count on that lots of companies will likely be showcasing their newest electric and hybrid products and improvements, because the 2024 show automotive mechanical engineering highlighted the car industry's concentrate on rising technologies.

As well as pure EVs, hybrid motor vehicles carry on to account for your growing proportion of full car income, and automakers are responding Together with the start of new versions. Having said that, Even though falling battery expenditures have made some EVs a lot more economical, purchase intent remained largely unchanged in 2024, In accordance with Deloitte facts.

Recently, conversations close to read more occupation choices for the following era have seen a noteworthy change, with traditional 4-calendar year college degrees remaining outstanding but that has a escalating recognition of your …

Automakers reply to devastating California wildfires BMW Group joined the listing of automakers donating or providing help to reduction endeavours.

Automakers reply to devastating California wildfires BMW Team joined the listing of automakers donating or presenting aid to aid endeavours.

Most Buyer monitoring studies can explain to us who and in which products and solutions were acquired but IMR can show you ‘why’ they acquired it and what things would most probably affect foreseeable future getting selections.

Customers continue to convey sections to mend retailers they’ve bought at vendors or on the web sources. While stores discipline these requests, some shops tend to be more open to setting up these sections than …

A vehicle not performing well, an indicator light currently being on or maybe the car basically not Doing the job were being the main good reasons each DIYers and DIFM clients discovered they necessary service …