2010年5月4日星期二

Auto-Parts Makers Rev Profits

There's a lot of confidence, and in some cases even a little swagger, coming from U.S. suppliers to global auto makers these days.
After two very lean years that saw sales plunge and bankruptcies sweep the industry, rejuvenated sales and production rates—U.S. auto sales were up 20% in April—are forging higher profits for auto-parts suppliers.
Compared to record-low production levels in early 2009, China motocross this year's first quarter was "a blowout," BorgWarner Inc. finance chief Robin Adams crowed last week. "You know, if there was a slaughter rule in the auto industry for year-over-year production performance, it would have been invoked ...

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