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Article: Europeans gain in global supplier race.(NEWS)
- Article from:
- Automotive News
- Article date:
- June 1, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...