Day: January 1, 2022

12 Auto Industry Expert Predictions for 2022

Automakers have their hands full. In the last year the automotive industry has seen reduced inventory, price increases and production delays due to the ongoing semiconductor chip shortage. Big changes are coming for products and plants. The industry is in the midst of a big push toward widespread electrification and a zero emissions future.

Newsweek spoke with numerous automotive industry experts about what they think the market will look like, what trends will continue and what new things we may see in 2022. Here’s what they said.

Prediction 1: New vehicle prices will go up

Price increases are due to a multitude of things. Demand will continue to be high in 2022, even if inventories remain low. That means fewer dealer discounts and manufacturer incentives.

Due to the semiconductor chip shortage and pandemic-related supply chain restraints, the auto industry has seen a lower production rate than is traditional, across the

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Play Free On-line Automobiles Games

Many of the modifications occurring within the automotive market right now, including tightened credit score markets in a capital-intensive business and increased authorities involvement are the most recent world challenges. Lastly, this could be the cheapskate in me, knowing I’ll never have the ability to afford a motorcycle like this on my meager MO wage, but there’s virtually nothing on the Panigale V4 the home mechanic can fix themselves. Nuts, screws, and fasteners are largely hidden, which is a big pain as you may have to access them to take off covers. I imagine even one thing as simple as an oil change is a PITA. Then again, for those who can afford the $21,995 and $28,395 for the Commonplace or S fashions, respectively, then I assume you’re getting someone else to do the work for you.

Laws requires retailers to label fuels containing ethanol on the dispenser, and limits … Read More