when it was spun off from Ford in 2000 and still ranked fourth globally as recently as 2004, had dropped to fourteenth by 2006. Visteon, like Delphi, is a broadly based supplier with an extensive array of products, notably chassis systems, climate controls, powertrain controls, electronics, lighting, engine management and fuel systems, exterior/interior systems, and cockpits. Visteon had sales revenue of $11.4 billion in 2006 and employed 43,000 people.Japan’s largest auto parts producer and another supplier with an extensive product portfolio, Denso has shown steady growth over the years, challenging Delphi as the number two global supplier and eventually Robert Bosch for number one. Should growth trends established in the first five years of the twenty-first century continue, Denso will be well-placed to continue growing.This Canadian auto parts leader is noted for interiors, exteriors, body and chassis systems, seats, mirrors, closures, electronics, engines, transmissions and drivetrains. Magna was also one of the first major suppliers to manufacture entire vehicles for customers. In 2007, for example, Magna assembled the BMW X3, and Chrysler 300, 300C, and Jeep Commander.
The auto industry is one of the key oligopolistic networked global industries.
To produce a car, which consists of some 20,000 parts and components, a producer needs to orchestrate the logistics and assembly of various kinds of input factors such as steel, glass, rubber and plastic, semi-assembled components though many a manufacturing technologies that are spatially distributed and located internationally.”A Look at the Spatial Distribution of the Automotive Industry reflects the realities facing the global auto parts industry in the twenty-first century as individual companies strive to survive junkyards near me in an extremely competitive environment.”More than ever, automakers are drawing on suppliers around the globe, shuttling parts across borders in search of lower prices and higher quality,” according to the Original Equipment Suppliers Association.A May 7, 2006, Detroit Free Press report noted that “federal data found that vehicles built by Detroit automakers have steadily increased their proportion of parts from outside the United States and Canada. By the same measure, vehicles built in North America by Japan’s largest automakers increasingly use U.S. and Canadian parts.”
The report found that the value of parts coming from within the United States or Canada
General Motors U.S./Canada-sourced parts in 1995 accounted for 91 percent of those used in vehicles sold that year and only 81 percent in 2005. Ford Motor Company U.S./ Canada-sourced parts accounted for 86 percent in 1995, down to 82 percent in 2005, and Chrysler U.S./ Canada-sourced parts accounted for 89 percent in 1995, down to 76 percent in 2005.For that same period, the top three Japanese automakers increased their share of parts produced in the United States and Canada: Toyota with 49 percent in 1995 and 75 percent in 2005; Honda with 47 percent in 1995 and 68 percent in 2005; and Nissan with 42 percent in 1995 and 57 percent in 2005. However, the report also pointed out that “when considering all vehicles sold in the United States (in 2005), including those made in Japan, the share of parts value from U.S. or Canadian sources fell dramatically: Toyota, 49 percent; Honda, 58 percent; and Nissan, 48 percent.”