Accuride rolls deeper into the red

Apr 24, 2013 | 05:22 PM | Corinna Petry

Tags  Accuride, aluminum wheels, steel wheels, earnings report, Rick Dauch, commercial vehicle demand slump

CHICAGO — Wheel manufacturer Accuride Corp. posted a first-quarter net loss of more than $15.9 million, up sharply from a $2.9-million loss in the same period last year on sales that fell 28.6 percent to $192.5 million.

The bigger loss and lower sales reflected the impact of macroeconomic and industry conditions on its businesses, said the Evansville, Ind.-based producer of aluminum and steel wheels and hubs for commercial vehicles.....





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