Automobile Steering & Suspension Components Manufacturing in the US

The chain gang

In a bid to deal with import pricing pressures the vehicle manufacturer major players are increasingly adopting a strategy to manufacture low value and labor-intensive components in low-cost nations such as in Eastern European countries, while keeping high-value technical operations in the West. Companies will also look to intensify supply chain management processes. It is fast becoming a critical factor that to be successful in this industry, you need to be a link in this chain.

This industry comprises establishments primarily engaged in manufacturing and/or rebuilding motor vehicle steering mechanisms and suspension components (except springs). This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.