Auto parts (original equipment)
Article Abstract:
Automobile parts manufacturers are expected to continue their moderately good economic performance of the past three years despite fears that higher interest rates will discourage high-ticket automobile purchases and a strong dollar would give Japanese competitors better pricing opportunities. Most automobile parts suppliers have shown good profits as late as March, 1997 and the price levels for their securities should make them good investments for a 3-5 year return period.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Auto parts (original equipment) industry
Article Abstract:
The original-equipment auto parts industry has been keeping pace with market averages, but strikes at Chrysler and GM during spring 1997 are expected to slow this momentum. A stable trend in light-vehicle production has resulted in higher profits and sales for auto-parts suppliers. Although the production of new cars and trucks in North America is not expected to increase significantly in years ahead, opportunities for growth are appearing in the form of outsourcing.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic: