Industry Trends

Sharp Uptick in Electric Vehicle Market Share The EV market isn’t just growing it’s blowing past expectations in North America, Europe, and parts of Asia. Sales numbers in early 2024 are already ahead of annual forecasts, thanks in no small part to a perfect storm of incentives and innovation. Whether it’s federal tax credits in […]

Buying Priorities Are Changing Fast Not long ago, horsepower and sleek design were the main selling points in the car world. Today, buyers aren’t just impressed by speed or chrome they’re watching emissions, analyzing range, and comparing kilowatts. Environmental awareness isn’t a fringe concern anymore; it’s central. The growth of electric vehicles (EVs) is proof.

What’s Driving the Labor Crunch The auto industry has a workforce problem and it’s not going away anytime soon. Across North America, Europe, and parts of Asia, manufacturers are struggling to find and keep skilled workers. From toolmakers to robotics techs, experienced talent is thinning out. Part of the issue is age. A big slice

The COVID-19 pandemic has brought about unprecedented changes across industries, and the automotive sector is no exception. As I delve into how the pandemic has reshaped the automotive industry, it’s clear that the landscape has undergone significant transformations. From shifts in consumer behavior to disruptions in the supply chain, the effects of the pandemic have

The global automotive industry is a dynamic ecosystem constantly shaped by emerging markets. As I delve into the intricate interplay between these markets and the industry, it becomes evident that their significance goes beyond borders. With a keen eye on trends and developments, I’ll explore how emerging markets are not just participants but key drivers

In the fast-paced realm of the automotive industry, mergers and acquisitions have become pivotal strategies for companies looking to stay ahead in a competitive market. These major moves not only shape the landscape of the industry but also have far-reaching impacts on consumers, shareholders, and the global economy. As an industry insider, I’ve witnessed how

The automotive industry is no stranger to the winds of change, and one of the most significant shifts in recent years has been the surge in mergers and acquisitions. As an industry insider, I’ve witnessed how these strategic alliances can reshape the competitive landscape, drive innovation, and redefine market dynamics. From traditional automakers to tech

Exciting advancements in self-driving car technology are revolutionizing the way we perceive transportation. As an enthusiast in the automotive industry, I’ve witnessed remarkable progress in autonomous vehicles that not only promise convenience but also prioritize safety on the roads. Companies at the forefront of this innovation, such as Tesla, Waymo, and Uber, are constantly pushing

Navigating the ever-evolving landscape of the automotive industry requires staying ahead of the curve, especially when it comes to supply chain adjustments. As a seasoned expert in the field, I’ve witnessed firsthand the rapid changes and challenges that manufacturers and suppliers face in meeting the demands of a dynamic market. From just-in-time delivery to global

As an automotive enthusiast, I’m always intrigued by the ever-evolving landscape of the global automotive market. The year 2024 holds a promise of exciting trends and forecasts that are set to shape the industry in unprecedented ways. From the rise of electric vehicles to the integration of cutting-edge technology, the automotive sector is on the