Auto parts (original equipment)
Article Abstract:
The automobile supplies industry has reported strong economic results during the last several months and is expected to continue on a profitable course throughout the year but will still rank not better than average when compared to other industries. Production is expected to drop slightly in 1997 following a lowering of light vehicle production and the industry as a whole is not an outstanding investment. However, a few companies with stocks selling below 1994 and 1995 levels off possible profitable bargains.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Auto parts (original equipment)
Article Abstract:
The Big Three American automakers are reducing the number of parts suppliers under contract. The need for wider margins and longer contracts will result in greater industry consolidation. Suppliers will also have more design and engineering responsibilities, as well as serving automakers with more parts worldwide. These stocks have fallen sharply in 1995 and earnings will be lower. Several are appealing, though, to the cautious investor.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: