Tuesday, 21 August 2007

Visteon downgrade on poor US car sales

Suppliers Tenneco Inc. and Visteon Corp. stand to do the worst if weak U.S. auto sales continue. On the flip side, BorgWarner Inc. and TRWAutomotive Inc. are best positioned for a market downturn because they rely less on North American markets, the report said.

See the full story here: http://www.autonews.com/apps/pbcs.dll/article?AID=/20070820/REG/70820003/1170/rss11&rssfeed=rss11