Search Results
Newsletter
Making cars smarter: The growing role of electronics in automobiles
Electronics make up nearly 40% of the content of today?s average new automobile, and their share will continue to grow. On June 2, 2011, as part of the eighteenth annual Automotive Outlook Symposium (AOS), the Chicago Fed hosted a panel of experts at its Detroit Branch to examine the current and future roles of electronics in motor vehicles.
Charging Ahead: Will the Growth of Electric Vehicles Change the Auto Manufacturing Footprint in North America?
The automotive industry has embarked on a major transition from manufacturing gasoline-powered vehicles to producing electric vehicles (EVs). This transition is impacting nearly every aspect of the industry, ranging from vehicle design and development all the way to vehicle fueling and repair. What does the transition to EVs portend for the production footprint of light vehicles (i.e., cars and light trucks) across North America through the end of this decade? In this Chicago Fed Insights article, we summarize our recently published research that addresses this question.
Newsletter
What do U.S. life insurers invest in?
Mexico?s share of automotive production has grown relative to those of its neighbors to the north because the country has become more integrated with North America and pursued trade agreements with numerous other countries. Those developments have boosted Mexico?s motor vehicle production by way of raising exports.
Newsletter
The U.S. auto supplier industry in transition
Evolving relations between carmakers and their parts suppliers have resulted in local, regional, and international shifts in the location of production. An upcoming Chicago Fed conference in Detroit will examine these ongoing structural changes, which are affecting the prospects for the U.S. auto industry?s continued concentration in the Midwest.
Journal Article
Mexico’s Growing Role in the Auto Industry Under NAFTA: Who Makes What and What Goes Where
In this article, we explore the impact of NAFTA on Mexico?s motor vehicle industry?specifically, on Mexico?s integration into North America?s automotive industry and the subsequent increase in intra-industry trade in automobiles.5 The auto industry has undergone dramatic changes over the past 20-plus years. First, we provide a brief summary of the history of auto production and related trade policies in Mexico before NAFTA. Then we provide a detailed analysis of Mexico?s light vehicle production and exports from 1990 through 2016. Our analysis shows how Mexico has become an integral part of ...
Newsletter
Who really made your car?
In the past few decades, the evolving relations between automakers and their parts suppliers have resulted in shifts in the location of production across North America. The authors explore the ongoing structural changes to the automotive industry and explain their local, regional, and international implications.
Newsletter
After the perfect storm: What’s next for the auto industry?
Amid the global recession in 2008?09, the U.S. auto industry experienced its worst downturn in recent memory. While conditions have improved in 2010, questions about which factors will shape the industry?s competitiveness remain. The Chicago Fed hosted a conference on May 10?11, 2010, at its Detroit Branch to explore the industry?s past, present, and future.
Newsletter
Whose part is it? - Measuring domestic content of vehicles
Today, the distinction between ?American? and ?foreign? vehicles is not so clear: Some models produced by the American-owned Detroit Three carmakers have a smaller share of domestic parts than models produced by foreign-owned carmakers. This article examines how much domestic content goes into motor vehicles sold in the U.S.
Journal Article
Detroit back from the brink? auto industry crisis and restructuring 2008–11
While it is hard to say how much of the current auto sector recovery is attributable to government intervention, the ensuing restructuring of the Detroit Three has substantially changed the industry in the U.S.