MT Magazine January/February 2026

THE INDUSTRY UPDATES ISSUE

FEATURE STORY

20

Automotive The U.S. auto market is stabilizing, with light vehicle sales projected to increase slightly in 2026. The industry is not likely to see dramatic peaks in future years but rather a plateau shaped by affordability concerns, evolving lifestyles, and tariff uncertainty. The number of manufacturers in this sector continues to grow. Electrification continues to reshape the industry, although hybrids appear to be the driving force instead of full electrification. Chinese automakers are gaining traction and pressuring North American OEMs; with limited room for domestic growth, they must look abroad to sustain expansion. AEROSPACE

AUTOMOTIVE

Aerospace Despite persistent supply chain constraints and labor shortages, the aerospace sector remains a bright spot, although it has not yet returned to its pre-COVID peak. Airbus continues to lead in new orders, while Boeing shows signs of stabilization and growth. The sector is buoyed by strong commercial jet demand and long backlogs, increased global defense spending, and support for new platforms. MT companies should keep an eye out for any news related to a new Boeing model, which would lead to significant retooling and capital expenditures in future years as Boeing brings the new platform online.