Global viewpoints: technology leads the way
Some Recent U.S.-based Supplier Acquisitions and Alliances
- Arvin Industries-Meritor
- Johnson Controls-Donnelly, Oxford, Ikeda Bussan
- Visteon-Budd, PSA
- Textron-Valeo
- Dana-Invensys, Getrag
- Harvard-Breed
- Delphi-Ventra Group, Renault, Ericsson, Orbital
- Tenneco-Futaba, Tokico
- Meridian Automotive Systems-Cambridge Industries
- BorgWarner-Valeo
- Eaton-Teksid
- 3M-NEC Electronics
- Harrison Electric-Toshiba Lighting America
- Microsoft-Denso
U.S. Auto Industry Fast Facts
Automobile assembly is the largest manufacturing industry in the U.S., according to the Alliance of Automobile Manufacturers. The industry accounts for about 14 million direct and indirect U.S. jobs. Other facts:
- More than 5% of America's GDP is generated by motor vehicle production.
- Automotive production employees earn an average of about $27 per hour, amounting to a payroll of $41.7 billion.
- The automotive industry operates more than 250 facilities in 35 states.
- The automotive industry spends more than $18 billion annually in R&D.
- In 1998, automotive exports accounted for 12% of total U.S. non-agricultural exports.
