Automotive Industry
Industry: Email Alert RSS FeedSuppliers invest heavily in adaptive front lighting; Despite lack of firm orders, lighting companies fight to be first with new technology.(Focus)(Hella)(Valeo)
Automotive News Europe, March, 2003 by Graham, Alex
Byline: Alex Graham Automotive News Europe
Just as lighting suppliers are regaining profitability after a costly changeover to clear lenses, new technological developments are threatening profits again.
Major players among automotive lighting specialists such as Hella and Valeo reported higher profits last year. They had completed the heavy investments to upgrade the cosmetic appearance of many lighting parts after automakers shifted to clear lenses.
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But to remain competitive, lighting suppliers say they need capital and personnel resources for research on several fronts. ...
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