Over the last few years one of the major mechanisms for the restructuring of the component sector has been mergers and acquisitions, but the current slowdown in the major markets around the world has slowed the pace of deals in the automotive component sector. In the component sector the total disclosed deal value fell by around 30% in 2000 (from $37.0bn in 1999 to $25.8bn), but the number of transactions identified only fell by 4% (from 284 to 272) according to the PwC Global Supplier Report produced by just-auto.com/AutoBusiness.