Auto parts (replacement) industry
Article Abstract:
Lower demand for replacement parts, new vehicle-repair channels, the high number of replacement parts, and overall low industry expansion were some of the unfavorable trends facing the replacement automobile parts industry in the 1990s. These negative trends have led some companies to experience higher inventories and lower sales, and industry consolidation has been one way to cope with this situation. Investors need to be cautious when selecting these stocks due to the cyclical and transitional nature of the industry.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Auto parts (replacement) industry
Article Abstract:
The replacement auto parts industry's outlook is generally weak, in part due to the improved quality of both replacement and original-equipment parts. That quality gain has lowered demand for replacement parts. However, Federal Mogul and Standard Motor Products are expected to outperform the broader market, possibly through Sep 1999.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Auto parts (replacement) industry
Article Abstract:
The stocks of companies in the replacement auto parts industry offer earnings growth potential in the three-to-five-year time frame. However, sales growth has been affected by slower growth in the number of autos and improved quality of vehicles and parts. Investors should remain cautious when purchasing auto parts industry stocks
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: