Gold Price Guide 65% Off | Extended to 12/31!

NOBLE6

Circular Economy: Automotive Recycling

Circular Economy: Automotive Recycling

Several components of traditional vehicles are recyclable including the cores, body, trim, and metal reclaim. This blog will go over each of these components and conclude why it is essential to have an automotive recycling circular economy.


PGM

Cores consist of motors, transmissions, alternators, starters, brake calipers, and more. These essential parts of any vehicle need to be recycled at end-of-life. After these are recycled, they are sold into the remanufacturing market and rebuilt.

The body and trim, which consists of; bumpers, fenders, hoods, door panels, glass, etc., get resold into the collision repair sector.

Metal reclaim consists of aluminum from wheels, motors, transmissions, precious metals from catalytic converters, O2 sensors, spark plugs, copper wiring harnesses, iron from car bodies, etc. At the end of the vehicle’s life, these components get recycled for their commodity value.

Overall, the majority of your vehicle gets recycled. This is extremely important for the environmental challenges we face. The automotive recycling circular economy combats global warming by reducing greenhouse emissions. This circular economy also preserves the earth of its natural resources.

Roughly 25% of all new vehicles are created from recyclable components. Each year millions of cars are sent to recycling yards. Due to the volume, the automotive recycling industry is among the top in the world.

Not all of the components of your vehicle are recycled back into car manufacturing but also find their way into other industries. Glass can be extracted from recycled vehicles and used for other purposes such as a flux for melting steel, other metals and reproduced into new glass. Once the metals are all melted down, they can be sold to the manufacturer to satisfy the market’s needs. For example, precious metals from a scrap catalytic converter can make jewelry. Iron can be repurposed for structural steel and copper can be remanufactured for electronic devices and wiring. Recycling these components are cost-effective, generates employment, is excellent for the economy, and protects the environment.

RESOURCES

IPMI
Blog

Platinum’s Big Move: Is This Just the Beginning?

Platinum has surged past $1,100 an ounce — and it’s got investors asking: is this the start of a long-term trend? At the 49th…

Electric Vehicles
Blog

End of the California EV Mandate (What It Means for Your Business)

The California EV mandate — once poised to completely phase out internal combustion engine (ICE) vehicles…

O2 Sensor Recycling
Blog

How to Make Money with Scrap O2 Sensors (Most Shops Miss This)

Most Shops Miss This: How to Make Money Recycling O2 Sensors  Every day, auto shops toss valuable oxygen sensors into the…