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Forecast: 2024 outlines five themes expected to shape the automotive industry in the coming year. And certain requisites like decent instruments and front-disc brakes were either late in coming (the latter didn't arrive until '76) or not available. Just about anyone can conjure up an image of an Audi car or SUV, but can you think of what their motorcycle or van looked like? Dealers can therefore offer more attractive terms on targeted cars, trucks and SUVs, as the monthly lease payment is largely determined by the residual value. An eye-catching car logo is far more than just an interesting design or symbol, and any car enthusiast should be able to identify the brand by its symbol. Four-doors far outsold two-doors and wagons, and Caprices generally outsold Impalas. Driven by environmental concerns and the need to reduce carbon emissions, governments introduced policies and incentives to promote electric mobility. For 2024, S&P Global Mobility forecasts light vehicle production levels to decline by 0.4%, to 89.4 million units.
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