Business
China’s Cars Aren’t in the U.S., but Its Auto Parts Are Everywhere
Chinese cars aren’t on American roads, but Chinese auto parts are embedded in American cars.
More than 60 auto suppliers in the U.S. today are owned by companies located in China, according to data compiled by the consulting firm AlixPartners. Those include large manufacturers of air bags, automotive glass, and steering systems. Overall, Chinese companies have amassed ownership stakes in about 5% of 10,000 suppliers in America, according to the data.
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