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Industry Report Card: North American Auto Suppliers/Auto Retailers To Continue Facing Challenges In 2007 Jan 07 Product Image

Industry Report Card: North American Auto Suppliers/Auto Retailers To Continue Facing Challenges In 2007 Jan 07

  • Published: January 2007
  • Region: North America, United States
  • Standard & Poors

FEATURED COMPANIES

  • Accuride Corp.
  • Bandag Inc.
  • Exide Technologies
  • Magna International Inc.
  • MetoKote Corp.
  • Sonic Automotive Inc.
  • MORE

Abstract
The second half of 2006 has been a much more challenging period than the first half for North American-based auto suppliers. Early 2007--if not the entire year--is likely to provide more of the same. Many auto suppliers have been reporting earnings shortfalls during the second half. The primary reason for the well justified pessimism is the lower-than-expected production plans from the three largest domestic auto manufacturers. In particular, Ford Motor Co. announced plans to lower fourth quarter vehicle production by 21% compared to last year, and General Motors Corp. and the Chrysler division of DaimlerChrysler AG are both expected to manufacture at least 10% fewer vehicles. For the first quarter of 2007, Ford and GM have announced production schedules that...

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- Cooper Tire & Rubber Co.
- The Goodyear Tire & Rubber Co.
- Johnson Controls Inc.
- Mark IV Industries Inc.
- Metaldyne LLC
- Exide Technologies
- Lear Corp.
- Bandag Inc.
- Harman International Industries Inc.
- Hayes Lemmerz International Inc.
- Magna International Inc.
- Remy International Inc.
- Yazaki International Corp.
- BorgWarner Inc.
- Penske Automotive Group Inc.
- MSX International Inc.
- Accuride Corp.
- Sonic Automotive Inc.
- Citation Corp.
- Group 1 Automotive Inc.
- Stoneridge Inc.
- American Axle & Manufacturing Holdings Inc.
- Standard Motor Products Inc.
- Tenneco Inc.
- Visteon Corp.
- Meritor Inc.
- Shiloh Industries Inc.
- AutoNation Inc.
- MetoKote Corp.
- Asbury Automotive Group Inc.
- Plastech Engineered Products Inc.
- TRW Automotive Inc.
- United Components Inc.
- Lazy Days' R.V. Center Inc.
- ADESA Inc.
- Affinia Group Inc.
- Cooper-Standard Automotive Inc.
- American Tire Distributors Inc.
- Insurance Auto Auctions Inc.
- Commercial Vehicle Group Inc.

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