Auto parts (replacement) industry
Article Abstract:
The automobile parts industry is expected to slightly outperform the market in 1995 and 1996, and post moderate earnings. Less automotive emissions testing and the slowing economy could have a negative impact. However, increased car age, Clear Air Act implementation and European auto growth will help this industry in the next three to five years. Several stocks, such as Genuine Parts and Eclin, have current and long-term appeal.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Auto parts (replacement) industry
Article Abstract:
Many parts distributors have large inventories due to low demand, a mild winter, and slow growth in the 2nd qtr of 1995, with previous stock levels not anticipated. The market is expected to improve in 1996, however, with more stringent emission standards, more miles being driven, and aging cars. Consolidation will also increase by the end of the 1990s. This industry is untimely, with very few stocks recommended for investment.
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:
Auto parts (replacement) industry
Article Abstract:
Increased demand for replacement auto parts have helped the industry boost prices and increase profit margins. Proposed changes in the Clean Air Act of 1990 would benefit the industry but are facing significant consumer opposition. The North American Free Trade Agreement is also likely to provide long term benefit for the industry.
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: