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Carmakers Bought $203.7 Billion in Car Parts Over Past 15 Years

7 July 1999

Motor & Equipment Manufacturers Association Says Carmakers Bought $203.7 Billion in Car Parts Over Past 15 Years

    RESEARCH TRIANGLE PARK, N.C., July 6 -- The demand for
original equipment (OE) auto parts in North America is growing, according to
Automotive Industry Status Report -- the comprehensive report produced by the
Motor & Equipment Manufacturers Association (MEMA).  In 1997, carmakers bought
$203.7 billion in car parts from their suppliers, compared to the 1983 total
of $89 billion.  1997 is the latest year for which statistics are available.
    Founded in 1904, MEMA exclusively represents and serves more than 700 U.S.
manufacturers of motor vehicle components, tools and equipment, automotive
chemicals, and related products used in the production, repair, and
maintenance of all classes of motor vehicles.  MEMA is headquartered in
Research Triangle Park, N.C., and has offices in Washington, D.C.; Yokohama,
Japan; Brussels, Belgium; Mexico City, Mexico; and Sao Paulo, Brazil.  OESA,
MEMA's affiliate association which serves automotive original equipment
suppliers exclusively, is located in Troy, Mich.  More information is
available from the MEMA website, http://www.mema.org.