By Susan Kelly CHICAGO, Feb 17 (Reuters) - U.S. auto parts manufacturers, under pressure from automakers to match the lowest prices of global rivals, expect to reduce domestic production in the next several years as they open more factories abroad. Suppliers are following their customers to emerging markets not just because of cheaper labor, but also because of rapidly growing consumer demand for automobiles in these markets. U.S. parts makers see no letup in the shift of manufacturing ...
Premium Content (PAID Subscription Required)
"U.S. auto parts makers see more jobs moving abroad" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.