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Automotive Contract Manufacturing is a type of automotive manufacturing that involves outsourcing the production of components and assemblies to a third-party supplier. This type of manufacturing is used to reduce costs, increase production efficiency, and improve product quality. Automotive Contract Manufacturing is often used to produce components and assemblies that require specialized expertise or equipment, such as engine components, transmissions, and electrical systems. The supplier is responsible for the design, development, and production of the components and assemblies, as well as the quality control and delivery of the finished product.
Automotive Contract Manufacturing is a growing market, with many companies offering services to automotive manufacturers. Examples of companies in this market include Magna International, Faurecia, and Benteler International. Show Less Read more
