Alcoa exec bullish on auto, construction

Jan 09, 2013 | 02:34 PM | Daniel Fitzgerald

Tags  Alcoa, Klaus Kleinfeld, automotive production, building, construction, aluminum, auto forecast, Daniel Fitzgerald

NEW YORK — Alcoa Inc. has presented a bullish outlook for the North American automotive and commercial building and construction end-markets, with chairman and chief executive officer Klaus Kleinfeld forecasting production of "roughly 16 million vehicles" in 2013.

The company expects domestic automotive production to grow as much as 4 percent in 2013 compared with the previous year, he said, noting that the relatively meager growth followed a year in which auto production climbed 16 to 17 percent.....

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