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Chicago Fed Letter, No. 226, May 2006
The U.S. Auto Supplier Industry in Transition
Motor vehicle production involves two types of firms: makers of parts (suppliers) and assemblers of finished vehicles (carmakers). The latter are better known to consumers because they market the vehicles with their brand names. However, suppliers employ three and a half times more people and add about 60% of the value of a finished vehicle.


Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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