• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Industry Report Card: Auto-Related Suppliers Continue To Benefit As The Global Auto Industry Stabilizes Jul 10 Product Image

Industry Report Card: Auto-Related Suppliers Continue To Benefit As The Global Auto Industry Stabilizes Jul 10

  • Published: July 2010
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • Affinia Group Inc.
  • Bridgestone Corp.
  • Denso Corp.
  • Group 1 Automotive Inc.
  • Knorr-Bremse AG
  • Piaggio & C. SpA
  • MORE

Abstract
A multiyear recovery in auto demand is gradually gaining momentum, in Standard & Poor's Ratings Services' opinion, and that bodes well for global auto suppliers. A continuing, albeit slow, recovery in auto sales, increased vehicle production, and the capital markets' improved appetite for auto and auto supplier risk support this view. We believe the fair prospects for auto suppliers that we cited early this year will continue and may even be better than our early 2010 assumptions. But the delicate state of the economic recovery in many regions and the omnipresent key industry problems such as overcapacity will continue to loom as threats to credit quality, in our view. We believe the unprecedented level of government support--in its various forms,...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, READ MORE >

- Cooper Tire & Rubber Co.
- Dana Holding Corp.
- Federal-Mogul Corp.
- The Goodyear Tire & Rubber Co.
- Johnson Controls Inc.
- Robert Bosch GmbH
- Exide Technologies
- Denso Corp.
- Lear Corp.
- Harman International Industries Inc.
- Hayes Lemmerz International Inc.
- Magna International Inc.
- BorgWarner Inc.
- Hyundai Motor Co.
- Penske Automotive Group Inc.
- FleetPride Corp.
- Sonic Automotive Inc.
- Group 1 Automotive Inc.
- Stoneridge Inc.
- American Axle & Manufacturing Holdings Inc.
- GKN Holdings PLC
- Bridgestone Corp.
- Tenneco Inc.
- Continental AG
- Autoliv Inc.
- Meritor Inc.
- Shiloh Industries Inc.
- Knorr-Bremse AG
- Compagnie Generale des Etablissements Michelin S.C.A.
- Kia Motors Corp.
- AutoNation Inc.
- MetoKote Corp.
- Asbury Automotive Group Inc.
- Toyota Industries Corp.
- TRW Automotive Inc.
- United Components Inc.
- Tomkins Finance Ltd.
- Aisin Seiki Co. Ltd.
- Affinia Group Inc.
- Cooper-Standard Automotive Inc.
- American Tire Distributors Inc.
- Piaggio & C. SpA
- Commercial Vehicle Group Inc.
- Europcar Groupe S.A.
- KAR Auction Services Inc.
- Delance Ltd.
- Allison Transmission Inc.
- LKQ Corp.
- Dayco LLC
- HHI Holdings LLC

Note: Product cover images may vary from those shown

RELATED PRODUCTS