Key Skills For Automotive Engineers
Consumer preferences continued to shift from automobiles to crossovers, SUVs and pickups. Total trade quantity (TIV) – the sum of automobiles bought in the US each year – is generally thought-about cyclical. Most analysts count on TIV to decrease in the next few years, but note consumers continue to shift their preferences to automobile varieties which are more worthwhile.
This allows you to convey your products quicker than different competitors to those quickly growing markets. Light vans are on monitor to account for more than 70 p.c of general new-automobile gross sales for 2019, whereas vehicles will account for less than 30 % of recent-automobile sales.
After declining in 2018, the outlook for the worldwide light vehicle market in 2019 is for a further decline. A deterioration to the demand pattern within the second half of 2018 continued into the first quarter and it seems doubtless that the global market this 12 months might be weighed down by lower sales in major automotive markets – particularly the US, China and Europe.
TWI’s experience across these techniques and supplies makes it nicely positioned to offer independent, authoritative help to help manufacturers develop and implement suitable approaches …