Vehicle Production Back to Pre-Recession Levels
|   Wednesday, January 08, 2014
The 2007 Financial Crisis affected businesses in all industries around the world. As a result of government cut-backs, many people lost their jobs and purse strings were tightened because wages were frozen. In recent years, the economies of many countries have started to grow again and slowly but surely, those that were previously in recession are reporting signs of growth.

The motoring industry continues to recover

One of the industries that was heavily affected by the Financial Crisis was the motoring industry.
As more people than ever before couldn't afford to buy new cars, car production factories became graveyards where only a handful of employees remained. Thankfully, in the UK and USA as well as many other countries, car production is beginning to pick up again. In October 2013, UK car production surpassed figures released even before the credit crunch. In all, 140,000 cars were made which was an increase on the previous month. This was welcomed by politicians, and was seen as a positive sign of economic growth. The same figures for the USA were also very positive. In September 2013, 1.5 million cars were purchased which was an increase of 17% on the previous year's figures.

The quality of the vehicles that are manufactured has never dwindled

One of the main reasons for vehicle production figures decreasing was not due to quality but because consumers didn't have enough spare cash. Leading car brands understand how important it is that their vehicles are made to a high quality, such as ensuring consistency in the production of Bimetal rivets. Vital for the running of a car, scores of these fasteners are found in each vehicle. Without Bimetal rivets, a vehicle wouldn't run properly and car manufacturing companies are constantly investing in these plus many other parts. As Bimetal rivets have high conductivity, they are central to a vehicle's design, such as in an engine where they can withstand strong electrical charges. As more demand continues to be placed on car batteries, Bimetal rivets can stop electric charges from affecting other areas of a car. As contemporary cars have more electrical parts than vehicles that are decades old, Bimetal rivets continue to play a central role, in particular smaller models. If a small car has many electrical components, negative and positive charges don't have as far to travel. Courtesy of Bimetal rivets, electricity is counteracted against from causing significant damage which is surprising considering how small these fasteners are.

As the motoring industry is only just beginning to recover, it is vital that each vehicle is made to the highest possible standard. Even though consumers might have more spare cash in comparison to a couple of years ago, they'll want to know that the vehicle they're buying is worth every penny. If the motoring industry is to continue reporting positive manufacturing figures, it is vital that high quality components are used in every vehicle.
PHOTO GALLERY
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