Automotive Industry
Industry: Email Alert RSS FeedEuro doesn't spur US supplier buys.(Suppliers)(Automotive parts industry)(Brief Article)
Automotive News Europe, June, 2004 by Sherefkin, Robert
 | Content provided in partnership with |  |
Byline: Robert Sherefkin
The continued strength of the euro has not spurred many European companies to buy US auto parts suppliers.
Investment bankers say that trend is unlikely to change.
"Higher US labor costs are a deterrent to the Europeans, at a time when eastern Europe and Asia have become very attractive because of lower costs and high growth prospects," says investment banker Michael Benson.
- Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »
A notable exception to the trend was Siemens VDO Automotive's ...
Read the rest of this article with a Free Trial at HighBeam Research.Find Research Guides for:
Find Featured Titles for: Autos
Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »