U.S. firms sink on supplier list; Foreigners hold 5 of top 10 spots in N.A.(Industry overview)

Automotive News, May, 2008 by Sherefkin, Robert

Byline: Robert Sherefkin

After a stormy decade of spinoffs, megamergers, acquisitions, grand expansions and occasional red-faced retreats, the pecking order for North America's auto suppliers has a distinctly new look: Americans no longer are running the show.

For the first time, a company based outside the United States is the largest supplier of parts to automakers and other suppliers' North American factories. Canadian parts giant Magna International Inc. has elbowed its way past perennial No. 1 Delphi Corp. as the largest supplier to North America, based on 2007 sales.

And four other foreign-based suppliers have displaced U.S.-based rivals, giving foreign companies half of the top 10 spots.

In 2006, foreign-based suppliers took...

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