7 jobs that can earn you a 6-figure salary in the $4 trillion auto industry - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

7 jobs that can earn you a 6-figure salary in the $4 trillion auto industry

It generates trillions in annual revenue and keeps millions employed.

At the moment, with automakers enduring massive manufacturing shutdowns and undertaking layoffs to deal with the coronavirus pandemic, employment in the industry is in limbo. But demand for cars isn't likely to vanish, so these careers remain good bets.REUTERS/Carlos Barria Almost nobody walks into a dealership with bag of cash, so an F&I manager has a very big job: he or she needs to figure how people from all walks of life can get across the car-buying/leasing finish line.

An experienced designer at a top auto brand should spend his or her days dealing with a team of fellow designers, meeting with the engineers who are determining how a vehicle is going to get built, and spending a lot of time sketching ideas, refining those ideas using computers drafting programs, and in some cases creating physical clay models and even making full-size "tape" drawings on walls.

By that point, you won't be tinkering with turbochargers any longer, but rather overseeing a group of tinkerers. The median salary for an electrical engineer is about $95,000, so more senior folks could easily top $100,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon says it's spending over $4 billion on COVID-19 protections - Business InsiderAmazon says it's spending $4 billion or more this quarter on COVID-19 including worker protections like testing, right before workers plan to strike I’m calling BS Why? Follow the 'money' trail? Since when multibillionaires ever 'cared' about regular folk? Some of the 'wealthiest' are all of a sudden 'investing' in COVID19. Hmmm. Isis Why doesn't he throw a billion over to the USPS?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Dettol and Lysol maker saw Q1 sales rise to $4 billion - Business InsiderThe maker of Dettol and Lysol, which hit headlines when Trump falsely said disinfectant injections could fight coronavirus, posted a huge surge in sales Lol are you saying we should eat cakes made from Lysol to fight Cornovirus? obviously -- its a disinfectant and theres a worldwide infection -- not everything is about trump
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon’s CEO tells investors ‘if you’re a shareowner … you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profitAmazon unsurprisingly topped expectations for sales, in the era of the COVID-19 pandemic, but it was comments from CEO Jeff Bezos, in his written statement along with the quarterly update, that really drew the focus on Wall Street Thursday evening. I am an $AMZN shareowner. And I'm OK with this. Long term, this will help the share price anyway.
Source: MarketWatch - 🏆 3. / 97 Read more »

Dettol and Lysol maker saw Q1 sales rise to $4 billion - Business InsiderThe maker of Dettol and Lysol, which hit headlines when Trump falsely said disinfectant injections could fight coronavirus, posted a huge surge in sales Lol are you saying we should eat cakes made from Lysol to fight Cornovirus? obviously -- its a disinfectant and theres a worldwide infection -- not everything is about trump
Source: BusinessInsider - 🏆 729. / 51 Read more »