Auto suppliers foresee better demand in '13

Jan 18, 2013 | 04:48 PM | Corinna Petry

Tags  Original Equipment Suppliers Association, sentiment, production forecast, challenges, raw materials, trucks, dealer stock, Dave Andrea Corinna Petry

CHICAGO — Automotive suppliers’ sentiment took a significant step up in January as the outlook in North America and Asia continues to improve, despite ongoing woes in Europe and concerns about the political environment on Capitol Hill.

The Automotive Supplier Barometer Sentiment Index moved up to 55 from 51 just two months ago, a substantial shift in attitude to "somewhat more optimistic" from "somewhat more pessimistic." The index is based on a survey of 108 companies by the Troy, Mich.-based Original Equipment Suppliers Association (OESA).....

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