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S&P Predicts Tough Times
for North American Auto Suppliers

S&P Predicts Tough Times
for North American Auto Suppliers

Tuesday, March 2, 2004
 
The Standard & Poor’s Rating Services has published a report, North American Automotive Suppliers on the Long Road to Prosperity. It says that the overall credit quality of the North American automotive-supplier sector has weakened in the past year. Reasons for the credit-quality slide include vehicle-production cutbacks, weak aftermarket demand and increasing labor and benefits costs. Learn more at www2.standardandpoors.com.

 

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