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Automotive News, 2019 Ohio’S Motor Vehicle Industry: Production and Employment Trends

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Automotive News, 2019 Ohio’S Motor Vehicle Industry: Production and Employment Trends Ohio’s Motor Vehicle Industry: The Latest Descriptions Economic Contributions and Concentrations Industry Output: Sources of Value-Added in Ohio • The motor vehicle industry (NAICS 3361-3) in Ohio add- ed $16.08 billion in value to U.S. output during 2016 – Total: $16.08 8.9 percent of the national total. In comparison, 3.4 per- billion cent of all U.S. goods and services came from Ohio, in- dicating the industry’s concentration here. 3361: Assembly, • 63.1 percent of the industry output in Ohio during 2016 $5.37, 33% came from the parts group (3363), as measured by dol- lar value-added, followed by assembly plants (3361) at 33.4 percent, and bodies-campers-trailers-motor homes 3363: Parts, (3362) at 3.5 percent. (Figures are rounded.) $10.14, 63% • The parts group also is the most concentrated with 12.1 percent of national output. It is followed by assembly 3362: plants at 6.5 percent and bodies-trailers-campers-motor Bodies, etc., $0.57, 4% homes at 3.8 percent of national output. Ohio ranked 2nd, 3rdand 5th, respectively, and 3rd overall. Source: U.S. Census Bureau, 2018 • The most recent jobs data further specify industry con- centrations here. All are concentrated in Ohio. The Ohio’s Share of U.S. Motor Vehicle Industry Jobs more-concentrated industries are medium- and heavy- NAICS Share duty truck and bus assembly, electrical and electronic Code Industries of U.S. equipment, brake systems, transmissions and power- 1 11-81 Private Sector Total (exc. Farm & Rail) 3.8% train parts, seating and interior trim, and stampings. 3361-3 Motor Vehicle Cluster 10.9% Vehicle Production 3361 Assembly 10.5% 33611 Cars & Light Trucks 10.3% • 1,157,733 light vehicles (specifically cars, SUVs and 33612 Medium- & Heavy-Duty Trucks & Buses 11.3% vans) were assembled in Ohio’s six high-volume plants 3362 Bodies-Trailers-Campers-Motor Homes 4.3% during 2018; 634,479 were light trucks, while 523,254 were cars – a ratio of 54.8 to 45.2 percent. These 3363 Parts 12.7% figures were, in turn, 10.5, 7.8 and 17.8 percent of the 33631 Engines & Components 10.0% U.S. totals, ranking Ohio 4th, 6th and 1st in the nation. 33632 Electrical & Electronic Eqpt. 14.0% 33633 Steering & Suspension Parts 10.5% • Honda was the largest assembler, totaling 645,918 light 33634 Brake Systems 14.3% vehicles, or 55.8 percent of such output in Ohio. It was 33635 Transmissions & Powertrain Parts 15.8% the largest car maker, with its Accord the highest-volume 33636 Seating & Interior Trim 13.7% model from Ohio. It also was the second largest light 33637 Stampings 16.1% 33639 Other Motor Vehicle Parts 9.2% truck maker; its CR-V is its most popular SUV. Source: U.S. Census Bureau, 2018 • Fiat Chrysler Automobiles’ (FCA’s) Jeeps Wrangler and Wrangler Unlimited combined to make it the largest light 2018 Light Vehicle Production in Ohio truck producer in Ohio with 28.1 percent of all light ve- hicles assembled here. The Wrangler was the highest Total: 1,157,733 volume SUV model from Ohio.2 • GM’s Cruze is the second most popular car made in FCA (SUVs), Ohio, and Ford’s Econoline is the only van made here.3 325,091, Honda 28% (cars), 389,147, • Navistar International assembles buses and medium- 34% and heavy-duty trucks in Springfield; Paccar’s Kenworth division assembles two heavy-duty truck models in Chilli- cothe; Ford also assembles bigger medium-duty trucks Ford (vans), and makes cabs for smaller trucks at Avon Lake. 52,617, 4% Honda GM (cars), (SUVs), 134,107, Notes: 1 - the full report adds tire and battery jobs (because 256,771, 12% most production is for motor vehicles), which are concen- 22% trated with 6.7 and 5.7 percent of U.S. totals; 2 – pickup production starts early in 2019; 3 – Cruze production ends March 2019. Source: Automotive News, 2019 Ohio’s Motor Vehicle Industry: Production and Employment Trends Gross Domestic Product (GDP) – the Broad Sweep Motor Vehicle Industry GDP from Ohio • Industry GDP (NAICS 3361-3) from Ohio rose 66.0 per- (adjusted for inflation and standardized on 2009) cent from $7.6 billion in 2010 to $12.7 billion in 2016, while U.S. industry GDP rose 54.3 percent.^ $15.0 15.0% $14.1 • The decrease from 2014 to 2016 is principally due to (1) $13.2 $12.0 $12.9 $12.7 12.0% U.S. consumers shifting purchases from away from cars $12.3 to light trucks, and (2) most Econoline van assembly was $11.2 transferred out of Ohio and partially replaced by lower- 9.3% 9.3% 8.7% volume medium-duty truck output. $9.0 9.0% 8.8% 8.4% 8.2% 7.7% • The portion of industry GDP from Ohio usually ranged $7.6 $6.0 6.0% from 8.2 to 9.3 percent of the U.S. total. GDP billions) (in Percent Percent of U.S. Output Vehicle Production – the Core of the Industry $3.0 3.0% • Light vehicle assemblies (33611, cars plus light trucks) in Ohio ranged from 1,104,000 and 1,593,000, reflecting $0.0 0.0% the highly cyclical nature of the industry, the impact of 2010 2011 2012 2013 2014 2015 2016 East Asian floods, major model changes at the plants, Source: U.S. Bureau of Economic Analysis and consumers shifting from cars to light trucks. Light Vehicle Production in Ohio (in thousands) • The portion of light vehicles made in Ohio remained be- tween 13 and 15 percent of U.S. production from 2010 1,800 Lt. Trucks Cars 1,593 through 2015, falling to 10-to-12 percent thereafter prin- 1,600 1,567 cipally due to major retooling (when few vehicles can be 1,456 1,441 made) for new models FCA’s Toledo complex and de- 1,400 1,373 clining production at GM’s Lordstown plant. Car and 1,200 1,162 1,176 1,158 light truck assemblies averaged 17.4 and 10.2 percent of 1,104 654 825 854 627 791 their respective U.S. totals. 1,000 596 653 • Models from the plants: Fiat Chrysler Automobiles – 800 592 634 two Jeep Wranglers (SUVs) with a Jeep pickup starting in 2019; Ford – the Econoline (chassis and cut-away 600 van); GM – the Chevy Cruze (car, ending 2019); Honda 400 745 802 742 739 – the Accord and Acura ILX, TLX and NSX (cars), as 650 511 566 524 523 well as the CR-V and Acura MDX and RDX (SUVs). 200 0 • Ford also makes two bigger medium-duty truck models `10 `11 `12 `13 `14 `15 `16 `17 `18* and cabs for smaller trucks; Navistar makes several Note: * - Initial Source: Automotive News International medium- and heavy-duty trucks and buses, and is adding a GM van and medium-duty truck; and Paccar’s Kenworth makes two heavy-duty trucks. Employment in Ohio (in thousands) 120.0 3361: Assemblies Employment 3362: Bodies-Trailers-etc. 100.0 95.4 98.1 3363: Parts • Employment in Ohio’s motor vehicle industry rose 33.6 88.7 84.1 20.8 percent from the recession low of 73,600 in 2010 to 78.8 21.0 80.0 73.6 74.5 18.0 98,100 in 2016; gains were seen in all three groups. 16.9 6.1 5.9 17.6 5.2 16.7 16.7 4.9 • Preliminary data from the Ohio Dept. of Job and Family 60.0 3.9 Services’ Labor Market Information division show a sum- 3.6 3.4 mary 1.8 percent decrease in 2017; gains in bodies, trail- ers, etc., and parts were more than offset by a decrease 40.0 71.2 at assembly plants. The last is principally due to the end 65.5 68.5 57.3 62.3 of Cherokee production and down-time to retool for the 53.3 54.3 transfer of Wrangler production to FCA’s Toledo North. 20.0 Note: ^ - The 2016 GDP figure is less than 2016 value-added 0.0 figure (shown earlier) because the purchased services costs 2010 2011 2012 2013 2014 2015 2016 have been subtracted and adjustments made for inflation. Source: U.S. Census Bureau Ohio’s Motor Vehicle Industry: Companies and Investments Companies in Ohio Manufacturing Jobs at High-Volume Assemblers • 28 Fortune U.S.-1,000 and Global-500 companies have (including parts operations) motor vehicle industry (NAICS 3361-3 plus related in- dustries) plants here. Assemblers usually are the largest Honda 11,925 employers – see the chart at right. Other companies – regardless of Fortune status – with at least 1,000 em- FCA* 7,730 ployees include Cooper Tire & Rubber, Dana, Flex-N- Gate’s Ventra, Fuyao Glass, Goodyear Tire & Rubber, GM^ Grammer’s Toledo Molding and Die, INA’s LuK [sic], 6,490 International Automotive Components, Johnson Controls (with its joint venture partners), KTH Parts, MAC Trailer, Ford 6,150 Magna International, Mahle, Showa, Stanley Electric, Thor’s Airstream, and TS Tech. Paccar/Kenworth 1,950 Capital Expenditures in Ohio Navistar 1,800 0 2,000 4,000 6,000 8,000 10,000 12,000 • Industry (3361-3) expenditures in recent years ranged Notes: * - Includes two partners integrated at Fiat Chrysler from $887 million in 2011 (7.3 percent of the national Automobiles’ Toledo complex; ^ - Includes Lordstown’s 1,500 total) to almost $2.81 billion in 2015 (14.7 percent). assembly jobs before closure.
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