Motor Vehicle Parts Suppliers Are The Nation's Largest Employer Of Manufacturing Jobs

Motor Vehicle Parts Suppliers Are The Nation’s Largest Employer Of Manufacturing Jobs

Industry employs more than 734,000 workers and brings nearly $355 billion to economy, study finds.

WASHINGTON, D.C. – A new economic impact study confirms that the motor vehicle parts manufacturers industry, made up of the original equipment, aftermarket, heavy-duty and remanufacturing sectors, is the largest employer of manufacturing jobs in the United States. The industry directly employs more than 734,000 American workers and generates nearly $355 billion in GDP contribution, or 2.3 percent of the total U.S. GDP.
 
The study, released by the Motor & Equipment Manufacturers Association (MEMA) in collaboration with IHS, the leading global source of information and analytics, shows that the total employment impact for motor vehicle parts manufacturers in the U.S. was more than 3.62 million jobs in 2012.
 
“Motor vehicle parts manufacturers are the largest creators of manufacturing jobs in the nation," said Bob McKenna, president and CEO of MEMA. "With a presence in all 50 states, this industry is important to the health and success of American manufacturing, and to the future of this country.”
 

 
“The study conducted by IHS provides valuable information for policymakers on the industry’s overall impact on the U.S. economy," added McKenna. “We hope the data will be used as a resource for our nation’s leaders to continue working to create a sustainable and vibrant manufacturing environment.”
 
Click here to view the economic impact study.
 
 
 
 
 
 

You May Also Like

Meet the January ‘Guess the Car’ Champion: Jake Myers

The correct answer for the January contest was the Toyota C-HR.

Every month, Counterman’s “Guess the Car” contest challenges our readers to solve an automotive riddle, for a chance to win $100. And each month, we receive hundreds of responses from aftermarket professionals trying to guess the model of the vehicle depicted.

The correct answer for the January contest was the Toyota C-HR. (The illustration showed a man approaching a door with the letters “HR” on it.)

AACF Applications Increase 90 Percent in Wake of Wildfires

The Camp Fire destroyed 14,000 residences, displaced thousands and left more than 80 dead and hundreds missing.

wildfire, Camp Fire
Purolator Launches Summer Mail-in Rebate Promotion for Air Filters

The promotion will run through Aug. 31 for all Purolator air and cabin air filters.

Epicor To Demonstrate Augmented Reality eCatalog At AAPEX In Las Vegas

This “Catalog of the Future” enables users to perform inspections, visualize parts and labor information and order replacement components from the service bay, the company says.

Continental Expands Popular Asian, European And Domestic Coverage For VDO Brushless HVAC Motors

The company has added more than 30 new SKUs to its VDO Brushless HVAC Motors line, expanding the company’s coverage to include Audi, Cadillac, Chevrolet, Dodge, Ford, Infiniti, Lexus, and Toyota automobiles and light trucks for model years 2011-’17.

Other Posts

OttoFran And Vast-Auto Family Hold 2017 Annual Convention

The Vast-Auto and OttoFran marketing and sales team held various workshops during which the latest market information, the new banners programs, marketing campaigns and the action plan for 2017-2018 were presented.

Streamlight Introduces Rechargeable KeyMate USB Flashlight

With an off/off button for constant operation, the KeyMate USB has three modes: high (35 lumens); low (16); and strobe (flashes at high lumen level). Featuring LED technology for extreme brightness, the light provides a run time of one hour on high and two hours in both the low and strobe modes.

All-New Ford Expedition Redefines Full-Size SUVs with Adaptable Interior, Smart Technology for Every Occupant

DALLAS–(BUSINESS WIRE)–For today’s active families, Ford introduces the all-new Expedition – the smartest, most capable and most adaptable Expedition ever – with technology to keep every passenger connected, more power for drivers, and more expected towing capability than any other full-size SUV. Related Articles – Coil Conversion Kit For 2001-’05 Audi A6 And Audi allroad

Coil Conversion Kit For 2001-’05 Audi A6 And Audi allroad Quattro

For ride quality, the kit includes new custom-valved, application-specific shock absorbers. The Audi front coil spring assemblies include new upper mounts, Arnott says.