The automotive industry in the United States has seen a great rebound after the massive hit it took during the Great Recession. 2014 saw the industry have its best year for new car sales, and 2015 looks to build even more on this success. With new models hitting the market and older models getting facelifts, there seem to be more different vehicles available now than ever before. That’s great for Tella Tool – the automotive industry is one of our biggest customers. So what will continue to drive the growth of the automotive industry in the coming year?
- The Growth of the Tiny SUV – The car-based compact and subcompact SUVs, targeted at urbanites who might want to go out and hit the dirt, continue to see more and more takers. They will continue to be an upgrade for folks coming from the compact sedan segment.
- Heavyweight Battle – The pickup truck segment continues to increase, and it isn’t just the Big Three U.S. automakers who are pushing the growth, as Toyota and Nissan continue to launch high-quality pickups. Both full-size and compact trucks will see growth, as their fuel economy improves and buyers continue to seek out versatile vehicles.
- High-Wired – In-car infotainment systems are becoming almost standard now, and are moving by leaps and bounds. Companies who were leaders even three years ago are now having to redesign their systems to cope with technological advances and consumer wants – and 2015 will see more redesigned systems.
- The Return of High Performance – As gas prices level out, we’ll see the return of the high-performance automobile. Acura is bringing back its legendary NSX this year, and the Cadillac CTS-V is expected to see a resurgence. Add a redesigned Mustang, and the return of the Buick Grand National on the horizon, and you could see a muscle car revival.
- Forget the Pump – The race to reduce fuel usage will never slow down, even as gas prices come back down. Hybrids, fully-electric vehicles and fuel-cell vehicles continue to grow in number, with Honda, Toyota, and Chevrolet all expected to introduce new models this year.
Tella Tool will be right here, stamping parts for use in the automotive industry, and contributing jobs to the Illinois economy. Our precision metal work meets the needs of our customers on time, every time, which is why the automotive industry relies on us.