Auto Components: U.S. Suppliers Feel the Wrath of U.S. Automakers' Downfall
Automotive components makers are experiencing a devastating downturn directly tied to bleak automobile sales, particularly those with close ties to U.S. automakers. This industry provides auto parts and tires used in automobiles. The players in this industry are increasingly integral to the auto assembly process and highly coordinated with automaker operations. These mostly non-union shops are a critical part of automakers' strategy to compete globally.
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