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Motor vehicle component manufacturers are the largest employer of manufacturing jobs in the U.S., contributing nearly 3 percent of the U.S. gross domestic product. Motor vehicle parts suppliers generate a total direct and indirect employment impact of 4.26 million jobs, up nearly 18 percent since 2012. [1]
Magna purchased CTS Fahrzeug-Dachsysteme, a supplier of convertible roofs, from Porsche in November 2005. In July 2015, Magna bought the German company Getrag, which was one of the largest suppliers of automotive transmissions worldwide for $1.9 billion. The acquisition worked to increase growth potential in the Chinese market.
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Yelp Inc. is an American company that develops the Yelp.com website and the Yelp mobile app, which publishes crowd-sourced reviews about businesses. It also operates Yelp Guest Manager, a table reservation service.
Saginaw Metal Casting Operations is an automobile engine foundry plant in Saginaw, Michigan. Opened under GM management in 1919, the factory produces engine blocks and cylinder heads for General Motors vehicles. The factory currently occupies 1.9 million square feet on 490 acres.
A compound DC motor connects the armature and fields windings in a shunt and a series combination to give it characteristics of both a shunt and a series DC motor. [5] This motor is used when both a high starting torque and good speed regulation is needed. The motor can be connected in two arrangements: cumulatively or differentially.
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