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The auto industry has witnessed the problems faced by the U.S. Big Three and how such a situation has forced these companies to slash down jobs. The Ford Motor Company, General Motors, and the Chrysler Group have been implementing restructuring plans in a bid to upset the loss they have incurred the past couple of years or so. These companies restructuring plans includes workforce reduction and the closing down of assembly plants as well as reducing working hours on some facilities. This occurrence has been a big blow to the state of Michigan where the three biggest American car manufacturers reside. More recently, a new blow to the state comes when auto parts maker ArvinMeritor Inc. announced that they have incurred substantial losses in the past fiscal year and therefore will be closing down 13 plants which will result to cutting down 2,800 jobs.

The company reported that the 13 plants that they are forced to shut down are located in North America and Europe. In Europe, the company will be closing down four plants while the remaining nine facilities that will be closed are located in North America. The company reported that this restructuring plan in the face of financial difficulties will be using up an estimated $325 million. So far, ArvinMeritor has only named one plant that it will close down in the near future. The company based in Troy, Michigan announced that their assembly plant located in Frankfurt, Germany will be closed down. Currently, the company has about 27,500 employees working on their more than 110 production facilities all over the world.