US troubles hurt Europeans; Some European suppliers refocus on Asia, others see further opportunities in North America.

Automotive News Europe,  January, 2007  by Meiners, Jens; Wortham, April

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Byline: April Wortham, Jens Meiners

European suppliers that expanded business in North America are backing away from doing business with General Motors, Ford Motor and the Chrysler group.

"Of course we are worried about the situation of the Big 3 in the US. We stand and fall with the success of our customers. But our dependency on them is lower than it used to be," said Mats Odman, vice president of corporate communications for Autoliv of Sweden.

In 2000, Autoliv did more than 20 percent of its global business with the Big 3 in North America, Odman said. Today, ...

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