In recent years, the automotive industry has been undergoing significant changes due to technological advancements and changes in consumer preferences. The industry is increasingly focused on developing and producing electric and autonomous vehicles, as well as integrating advanced technologies such as artificial intelligence and connectivity.

The automotive industry is also facing challenges related to environmental concerns, such as reducing emissions and developing more sustainable production methods. Additionally, the industry is dealing with changing regulatory frameworks and trade policies that can impact global supply chains and market competition.

Automotive bearings are critical components in a vehicle’s suspension, steering, and powertrain systems. These bearings are designed to support and enable the smooth rotation of shafts and other components in the vehicle.