Automotive Industry Overview: Challenges Loom for 2022

February 9, 2022

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Automotive Industry Overview: Challenges Loom for 2022
The coming year most certainly will be challenging, but if consumers remain optimistic and demand continues, the automotive-industry’s recovery is expected to remain intact. Yet market conditions have suppliers on edge, grappling with the dramatic pace of industry change.



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Despite Supply-Chain Challenges, Metal Formers’ Optimism Increases
Metal forming companies express increased optimism for improved business conditions during the first quarter of the year, according to the January 2022 Precision Metalforming Association (PMA) Business Conditions Report. PMA’s January report shows that 37 percent of metal forming companies anticipate an increase in general economic activity in the next three months (up from 27 percent in December), while only seven percent predict a decrease in activity (down from 16 percent in December).

Forty-six percent of respondents reported an increase in lead times, down from 50 percent in December.


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TIMTOS x TMTS 2022: Machine tool mega show in Taiwan
Aside from the physical show from Feb. 21 to 26, TIMTOS x TMTS 2022 Online Exhibition from Feb. 21 to Mar. 21 will provide an array of hybrid services and activities, including an On-site Guide for Online Visitors. Visitor registration is available on the website.
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North American Robot Sales Climb to New High in 2021
Propelled by a surge in nonautomotive sectors, the number of robots sold in North America set a record in 2021, with 39,708 units sold at a value of $2 billion, a 14-percent increase over the previous high in 2017.

According to new industry statistics released by the Association for Advancing Automation (A3), the number of robots sold in 2021 rose 28 percent over 2020.


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Great Designs in Steel
Preview: Great Designs in Steel
The 2022 edition of Great Designs in Steel (GDIS) is set to return to a live format, May 18 at the Suburban Collection Showplace in Novi, MI. GDIS, presented by the American Iron and Steel Institute (AISI), celebrates its 20th year in 2022 as the signature North American event where automotive engineering, design, technology and academic leaders provide insight on the latest trends and material applications on new cars and trucks.



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Get Ready for FABTECH Mexico
FABTECH Mexico returns to Monterrey, May 3-5, 2022, bringing together more than 500 exhibitors presenting the latest in technology and solutions to more than 8000 attendees from Mexico and Latin America.


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2022 AMUG Conference – Join Us
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March Dates Set for Stamping and Lubrication Technology Conference
PMA and MetalForming magazine’s popular stamping and lubrication conference is back and better than ever, set for March 29-30, in Cincinnati, OH.


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March Webinar: Secrets to Attract Top Talent and Drive 6x Performance
Using StartProto’s manufacturing execution system (MES), Ram Precision made the jump to a completely paperless operation, capturing the valuable knowledge of its current workforce and making the company a highly attractive place for young and talented workers to start their careers. The process and the system are detailed in a free webinar on March 31, from 2 to 3 p.m. EDT. Find out from Ram Precision officials how StartProto MES impacted the bottom line , and how, by using the documentation and routing tools built into StartProto, Ram Precision eliminated bottlenecks in its processes and cross-trained existing employees, increasing shop throughput by 35 percent.

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February 2022
From the February Special All-Automotive Issue of MetalForming
Steel’s Role in the Migration to Electrification
The steel and automotive industries have a long history of collaborating to develop highly optimized, cost-effective and mass-efficient solutions. As both industries work toward a migration to electrification, the steel industry continues to support the automotive industry with forward-looking innovation.
 
Correcting Common Misconceptions Regarding Steel Grades

Several misconceptions regarding the naming and properties of sheet steels exist within the metal forming community. Here we’ll discuss several of them, because while most people around the world attempt to use equivalency tables to identify and compare similar grades, at the end of the day a die made in Korea with commercial-quality steel may not work properly in the United Kingdom with what appears to be the same steel grade.




New Products
Automatic Feed Debuts Coil-Feed Lines for High-Strength Steel, Aluminum
New Wintriss PLS Boasts Five New Cam-Timing Options

Upcoming Issues
March
  • Pressroom Automation
  • Press Controls/Sensing
  • PMA Chair Profile
  • CNC Punching/Tooling
  • Robotics/Cobots
  • Technology and Enewsletter Focus: Robotics/Automation
April
  • Mechanical Presses
  • Stamping Tooling
  • Preview: FABTECH Mexico
  • Waterjet Cutting
  • Arc Welding
  • Technology and Enewsletter Focus: Industry 4.0/IoT
May
  • Hydraulic Presses
  • Manufacturing Software
  • Preview: 3D Metal Printing Experience and Tech Tour (June 7-8, Hartford, CT)
  • Bending/Folding
  • Material Handling
  • Technology and Enewsletter Focus: Software


Industry-Related Terms: CNC, Die, Edge, Forming, Lead Time, Lines, Ram
View Glossary of Metalforming Terms

Technologies:

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