Industry Analysis & Industry Trends
During the five years to 2014, the Automobile Transmission Manufacturing industry was strongly impacted by the performance of motor vehicle manufacturers. High gasoline prices, dwindling discretionary income and a lack of financing opportunities drove consumers away from new-vehicle purchases during the recession. When car sales started to decline, the Big Three and other domestic operators halted production lines, severely reducing demand for automobile transmissions. However, the US economy improved over 2010, and the automotive sector was revitalized as consumers unleashed pent-up demand for new car purchases. Over the five years to 2019, the industry's performance will mirror that of the economy and the automotive sector at large, trending upward gradually... purchase to read more
Industry Report - Industry Products Chapter
The Automobile Transmission Manufacturing industry is one of the principal suppliers for manufacturers of both light and heavy vehicles. Transmissions and related parts are integral components in the mechanical systems central to automobiles. The products this industry manufactures convert torque produced by a vehicle's engine and distribute that force to the vehicle's wheels.
Automobile transmissions are the most complex product this industry manufactures. Transmissions are the first major connection point between the engine, through a crankshaft, and the rest of the drivetrain. Transmissions adapt the high rotational speed output of an engine to a lower speed more suitable for driving wheels using gear ratios... purchase to read more