U.S. Auto Component Manufacturing Brings $8.8 Billion in Capital Spending

October 9, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Automotive components are in high demand as the auto industry continues to expand, buoyed by the production of electric, hybrid and internal combustion engine (ICE) vehicles. Industrial Info is tracking $8.8 billion worth of capital-spending projects in the U.S. that are geared toward auto component manufacturing. Other companies featured: Honda Motor Company (NYSE:HMC), Stellantis NV (NYSE:STLA), a href="https://www.ford.com/" target="_blank">Ford Motor Company (NYSE:F), and General Motors (NYSE:GM)