Auto parts (original equipment)
Article Abstract:
Profits have fallen for automobile part manufacturers in 1995 and 1996 with decreased demand from light vehicle makers. However, automobile makers will increase parts outsourcing, but contract with only the more reliable parts suppliers and reduce their supplier base. Negotiations between the Big Three auto makers and the United Auto Workers for a new contract will also have a major impact. Several of these stocks are attractive for 1996 through 1999-2001.
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 original equipment auto parts industry is expected to have good earnings for 1996, and good earnings for 1997 are forecast as well. Most companies in the industry are paying attention to the international market, as well as reducing the effects of cycles in the US auto industry. Although resolution of labor negotiations in the auto industry in 1996 will help earnings, these stocks are not timely for conservative investors in 1997.
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: