Sure, Panasonic will be fine (or at least able to compete). Denso (34% of revenue in traditional thermal control, i.e. radiators, water pumps, etc., also famou

Sure, Panasonic will be fine (or at least able to compete). Denso (34% of revenue in traditional thermal control, i.e. radiators, water pumps, etc., also famous for spark plugs) will take a hit. The thousands of much smaller companies that specialise in precisely fabricating minor parts (say, exhaust pipe mounts or engine mounts), less so. The expertise is not so transferable. There will be change, and everybody hates that.