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Van Nuys feels motown woes.


The repercussions repercussions nplrépercussions fpl

repercussions nplAuswirkungen pl 
 of Detroit's ailing auto industry are being credited with dragging down third returns for the Van Nuys wheel maker and auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
  • Air filter
  • Automobile self starter
  • Bell housing
  • Brakes
  • Bucket seat
  • Bumper
  • Buzzer
  • Battery
 supplier Superior Industries International Inc.

The company reported that Ford Motor Co. and General Motors Corp.-once some of its biggest clients--have scaled back orders on aluminum wheels, causing sales to slip from $178.3 million a year ago to $174.3 million.

The losses forced Superior to sell its suspension components operations, close a factory in Tennessee Tennessee, state, United States
Tennessee (tĕn`əsē', tĕn'əsē`), state in the south-central United States.
 and restructure operations in Van Nuys and Arkansas during the quarter, the company said.

In a statement, company president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Steven Borick zeroed in on Ford, GM and DamlerChrysler AG as the culprits.

"Superior's restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  continues an effort made increasingly urgent by the recent production cuts announced by the Big 3 automakers," he said.

Staff Reporter Chris Coates can be reached at (818) 316-3124 or at ccoates@sfvbj.com
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Article Details
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Title Annotation:PUBLIC COMPANIES
Publication:San Fernando Valley Business Journal
Date:Nov 6, 2006
Words:152
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