Tag: cars

Used car prices are surging. Here’s why you should buy now

By on
Well, it was nice while it lasted. For nearly a year, the average used vehicle in the United States has been edging toward affordable again for millions of people. The relief felt belated and relatively slight, but it was still welcome. From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month. Now, with the supply of used vehicles failing to keep up with robust demand, prices are creeping up again, with signs pointing to further increases ahead. So many buyers have been priced out of the new-car market…
Continue reading

LAUAK Aerospace Supplier Quantifies Operations Reductions from Blank Size Reduction to Tryout Hours Won

By on
In this article, Jeremy Pion, the Head of Technical Services at LAUAK, describes the importance of simulation for both product and process design, and how it helps his company to generate significant savings and gain a better understanding of their processes. The LAUAK Group is a tier one and two supplier for prestigious aircraft manufacturers and OEMs such as Airbus, Dassault Aviation, Spirit, Bombardier, and Liebherr. With headquarters located in Hasparren in the Southwest of France, the company has 450 employees and ten production sites worldwide — five in France, two in Portugal, one in Mexico, one in Canada, and…
Continue reading

RA-Metal DP600 Internal Reinforcement Case Study Brazil Tooling

By on
RA-METAL FERRAMENTARIA is already conquering space in the Brazilian stamping scene by attracting and retaining new customers. The company is situated in Limeira, about 150 km from the state capital São Paulo. They have strategically prioritized development in the engineering sector to meet customers’ tooling demands for stamped parts. Backed by a complete engineering structure focused on stamping simulation, the company also benefits from comprehensive building resources, with 1500 square meters of floor space, including eight machining centers, grinding machines, wire erosion, three tryout presses, as well as a metrology laboratory equipped with a 3D arm and a CMM (Coordinate…
Continue reading

Fixing Multiple Problems Simultaneously: Powerful Geometry Modifications in Simulation

By on
Introduction Most of the time, we think of things in reference to the extremes so we can better understand them. It is like reflecting on the statement, “The worst that could happen is…” We try to protect against the conditions that would cause the biggest problem or the least favorable outcome. It’s not too painful to learn you could have had another 5 mm of blank savings in your process if production rates are high. It would be far worse to have a process that saved $0.20 per blank but with scrap rates consistently over 30% and requiring constant die…
Continue reading

Used Car Prices Remain Stubbornly High

By on
Anyone hoping that the used vehicle market will become more predictable or even the right-size itself in 2023 will likely be disappointed. Unique market conditions and a slew of new challenges are reshaping the market used in unexpected ways. After experiencing a meteoric rise in value, used vehicle prices have slightly inched back toward Earth with the return of price drops and seasonal depreciation but remain significantly higher than they were pre-pandemic. Given the price assumption of new vehicles, used ones still provide value to consumers seeking an affordable mode of transportation. That said, the main sources of used vehicle…
Continue reading