Modern society has come a long way since the arrival of the Model T in 1908. From the early days of hand-cranking, no heat, unreliable mechanical performance and loud, dirty engines, there is no doubt that today’s automobile is a marvel by comparison.
The market experienced record growth in 2018, with $3.827 billion in shipments, up 8 percent over 2017. According to the Motion Control & Motor Association, part of the Association for Advancing Automation (A3), shipments were up 3 percent in the last quarter of the year, at $946 million.