Automotive Industry
Industry: Email Alert RSS FeedUS sales boost EU suppliers.(Suppliers)
Automotive News Europe, April, 2003
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Byline: Jesse Snyder, Robert Sherefkin
Top Europe-based suppliers took advantage of growing North American vehicle production in 2002 to boost global sales.
Each of the 10 Europe-based companies among the 25 largest global auto suppliers boosted overall revenue in 2002. All also boosted sales volume in North America during a year when light vehicle production there grew 5.3 percent.
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For example, Michelin sales would have fallen except for North American growth. Michelin 2002 global sales grew $50 million ([euro]47 million) to an estimated $4.65 billion, but the French tire ...
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