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US-based Auto Parts Suppliers Revenue & Profit Dropped in 2013 Q1
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2013-06-10
revenue and profit. In terms of revenue, apart from EATON (stark growth of 34.1%), LEAR and Visteon (both with stable revenue growth), most of other corporations exhibit drop compared to last year.
In terms of net profit, Cooper and Tenneco showed high rise of 160% and 80% respectively, while Honeywell and Eaton rose 17.5% and 21.5% respectively; GoodYear came with minor rise, and Visteon turned deficit into profit. However, other corporations showed substantial drop of over 10%, among which Federal-Mogul suffered from deficit and Arvin Meritor dropped by 70%. In addition, Komis, Dana, and AAM suffered from around 40% drop, and TRW, DELPHI, and LEAR dropped by nearly 20%. Borg Warner and Cooper Standard dropped by around 13%.
