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Home » Many Suppliers to Auto Industry Are Just About Out of Gas

Many Suppliers to Auto Industry Are Just About Out of Gas

December 3, 2009
Strategy + Business

Although auto suppliers comprise the largest single manufacturing sector in the United States, with about 400,000 workers as of July 2009 - more than three times as many employees as automobile manufacturers themselves - this sector is also one of the country's most troubled. Indeed, that employment figure reflects a drop of 140,000 jobs in 12 months. And those job losses, unfortunately, are among the first in a radical restructuring that will rapidly change the face of the North American auto industry.

The retrenchment of the Detroit Three has pushed North American suppliers to the brink of bankruptcy.

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    Business Strategy Alignment Global Supply Chain Management HR & Labor Management Automotive Consumer Packaged Goods
    KEYWORDS Automotive Business Strategy Alignment consumer packaged goods Global Supply Chain Management HR & Labor Management
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