Auto parts (original equipment)
Article Abstract:
More efficient manufacturing, fewer employees, and lower raw material prices will help auto parts makers achieve better earnings in 1996, especially in the 3rd and 4th qtrs. The General Motors, Dayton, OH, strike settlement kept the status quo, with only 30% of parts being purchased from outside suppliers, as opposed to 50% by its competitors. Long-term prospects for these stocks are good, but investors should wait for improved earnings.
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:
Weak demand and production cuts in the automobile industry will affect the original auto parts industry negatively. More efficient operations, better balance sheets, and lower raw material costs will help the industry stay profitable, however. The European market, especially Germany and the UK, is becoming more important, as well. These stocks will not outperform the market, but several are timely with long-term potential.
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:
Japanese automobile companies operating in the US will increase American manufacturing by 25% by 1998 and increase parts purchasing from $18 million to $24 million. Japan will also import 50% more American auto parts. Several companies, such as A.O. Smith, are expected to perform well in their niche markets. These stocks have underperformed the market and some are well positioned to increase in price.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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