Auto Industry
Industry: Email Alert RSS FeedEuropeans gain in global supplier race.(NEWS)
Automotive News, June, 2009
Byline: Robert Sherefkin
European auto parts makers overcame severe markets in North America and Europe to outperform that is, not fall as badly as their rivals on this year's Automotive News ranking of the top 100 global suppliers.
Of the top 10 suppliers on this year's list, only five companies posted higher sales three European and two North American.
Sales at No. 3 Continental AG edged up less than a tenth of a percentage point. Sales at No. 6 Johnson Controls Inc., of Milwaukee, rose 3.2 percent. No. 8 Faurecia's sales rose 1.4 percent. No. 9 ZF Friedrichshafen AG posted a 5.5 percent increase. And sales at No. 10 TRW Automotive, of suburban Detroit, rose 2.0 percent.
Later collapse
Plunging new-vehicle sales...
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