Automotive

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Automotive

  1. 1. The Automotive Industry in Northeast Ohio
  2. 2. Key Statistics <ul><li>Ohio is at the center of the U.S. motor vehicle industry </li></ul><ul><li>Ohio ranks #1 in automotive suppliers in the U.S., and #2 for motor vehicle production </li></ul><ul><li>77.7% of North American light vehicle production is in Ohio or within 500 miles </li></ul><ul><li>30% of Ohio’s manufacturing activity is related to motor vehicle production </li></ul><ul><li>Automotive production is Ohio’s dominant industry, representing 15% of its output </li></ul>
  3. 3. Key Statistics <ul><li>On average 1.8 million light vehicles are produced in Ohio yearly </li></ul><ul><li>47 Fortune 1,000 companies have industry plants in Ohio </li></ul><ul><li>Six global automotive-related industry plants have their world headquarters in Ohio </li></ul><ul><li>Ohio produces the following automobiles: </li></ul><ul><ul><li>Honda – Accord </li></ul></ul><ul><ul><li>Chevrolet – Colbalt, Trailblazer </li></ul></ul><ul><ul><li>Ford – Econoline Vans </li></ul></ul><ul><ul><li>Chrysler/Jeep – Liberty </li></ul></ul>
  4. 4. Automotive Employment by Subsector <ul><li>Parts: </li></ul><ul><li>Metal Stamping …………. 18.1% </li></ul><ul><li>Gasoline Engines ………...11.4% </li></ul><ul><li>Electronic Equipment ……7.7% </li></ul><ul><li>Suspension………………..4.2% </li></ul><ul><li>Brake Systems …………….6.2% </li></ul><ul><li>Transmission and Power Train……………….10.1% </li></ul><ul><li>Tires ……………………....2.3% </li></ul><ul><li>Seating and Interior ……….5.6% </li></ul><ul><li>Other Parts………………...12.2% </li></ul><ul><li>Total: 77.8% </li></ul><ul><li>Motor Vehicle Assembly </li></ul><ul><li>Cars ……………………9.4% </li></ul><ul><li>Heavy Duty Trucks …….2.3% </li></ul><ul><li>Light Trucks……………8.4% </li></ul><ul><li>Bodies and Trailers……...3.1% </li></ul><ul><li> </li></ul><ul><li>Total: 23.2% </li></ul>
  5. 5. Global Auto and Auto-Related Companies in Ohio
  6. 6. Ohio Employment by Major Auto Companies <ul><li>General Motors – 20,000 </li></ul><ul><li>Honda – 16,000 </li></ul><ul><li>Ford – 14,500 </li></ul><ul><li>Delphi Parts – 12,400 </li></ul><ul><li>Chrysler – 9,000 </li></ul><ul><li>18 additional companies employ more than 1,000 </li></ul><ul><li>In Summit County alone, 44 companies have direct or indirect suppliers to the automotive industry </li></ul>
  7. 7. Auto Industry Investment Announcements in Summit County <ul><li>2003 </li></ul><ul><ul><li>- $1.4 billion </li></ul></ul><ul><ul><li>- 1,756 jobs </li></ul></ul><ul><li>2004 </li></ul><ul><ul><li>- $1.7 billion </li></ul></ul><ul><ul><li>- 2,235 jobs </li></ul></ul><ul><li>2005 </li></ul><ul><ul><li>- $482 million </li></ul></ul><ul><ul><li>- 2,713 jobs </li></ul></ul>
  8. 8. Resources <ul><li>Outstanding and well trained workforce </li></ul><ul><li>Support by the State of Ohio </li></ul><ul><li>University programs to graduate qualified engineers </li></ul><ul><li>Funding, grants, and other state and local incentives to attract investment, co-location and R&D collaboration </li></ul><ul><li>Market entry assistance to companies locating to Northeast Ohio </li></ul>

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