Auto supply chain positive despite disruptions

May 25, 2012 | 12:58 PM | Corinna Petry

Tags  Auto suppliers, market sentiment, Original Equipm, ent Suppliers Association, OESA, Dave Andrea, barometer survey, Evonik Industries Nylon 12

CHICAGO — A clear majority of automotive parts and components manufacturers maintain a "guarded" but positive outlook for their industry, down slightly from March’s measure but higher than a year ago.

Although fewer suppliers are upbeat than earlier this year, 60 percent of the manufacturers surveyed for the Original Equipment Suppliers Association’s (OESA) Automotive Supplier Barometer index expressed a positive outlook in May, down from 64 percent in March and 66 percent in January.

"The stable sentiment driver is the growth in North American vehicle production volumes," Dave Andrea, OESA’s senior vice president of industry analysis and economics, commented on the results of the latest survey. ....

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