The Dynamic U.S. Automotive Supplier Sector
The opening decade of the automotive industry’s second century is evaporating any notion that the sector is a mature, smokestack industry. Private equity and hedge fund money is dramatically restructuring the supplier sector. Market share shifts underneath relatively healthy sales and production volumes are creating an industry of “haves and have nots” and bifurcated financial results. Finally, industry norms are being transformed as the largest suppliers emerge from Chapter 11 with new labor contracts, reassessed legacy burdens, and rewritten customer contracts. more....