Whenever there’s an opportunity to reduce the weight of a car or light-duty truck, it’s that reduced weight which moves us closer… “to [meeting] the 2025 CAFE (Corporate Average Fuel Economy) standards,” says Brain Fish, North American Automotive Marketing Manager at Dupont. An average goal set for passenger cars and light-duty trucks is 54.5 mpg by 2025. That makes lighter vehicles a top priority.
Monthly archive for April 2021
Many people may not realize this, but metal stamping is an essential piece to the manufacturing process that provides many benefits to companies of all sizes. In order to gain a better understanding of the benefits that stamping can provide, it is important to gain an understanding of why many businesses use the metal stamping process.
Why is the metal stamping market growing? It is no secret that the 2020 global Coronavirus pandemic has had a negative effect overall on the global economy.
While no two countries have faced identical outcomes, the overall trend has been toward an economic shrinking rather than growth.
According to the IMF, it’s been predicted that “the global economy will shrink by 3% this year. It described the decline as the worst since the Great Depression of the 1930s.”
And yet amid all this flux, the metal stamping market outlook is bright.
There’s a reason why.