Automotive suppliers’ outlook revving up

Mar 15, 2012 | 03:52 PM | Corinna Petry

Tags  Original Equipment Suppliers Association, supplier sentiment index, Dave Andrea, Corinna Petry

CHICAGO — The near-term outlook for business trends by automotive suppliers remains very positive, and previous hiccups in the ability to produce and deliver what’s needed have cleared up, according to the Original Equipment Suppliers Association (OESA).

The group’s March survey put the supplier sentiment index at 64, down two points from January.

"Though North American vehicle sales and production schedules are improving, gas prices, the Iran nuclear issue, European debt concerns and the upcoming U.S. presidential election are keeping the sentiment outlook relatively level," the OESA summarized in a report based on survey responses.....

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