Auto parts (original equipment)
Article Abstract:
The original equipment auto parts industry had a good year in 1998 with a high production level in the light vehicle sector in North America, but the industry is still cyclical and economic growth in 1999 is expected to be slower. The Western European and North American markets are still the largest for the industry, but they have matured, and many suppliers are expanding their product lines. Auto parts stocks are not timely for 1999, but several have potential for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Auto parts (original equipment)
Article Abstract:
Lower domestic car sales in the 1990s have had a negative impact on automobile parts industry earnings. American suppliers with European exposure will show better results, as will those who have contracts with Japanese manufacturers who have moved operations to the US. These stocks have underperformed the market and several have attractive prices for long-term gains. Companies with Japanese exposure will perform the best by 1998-2000.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Comment about this article or add new information about this topic: