Superior Industries reports lower earnings, weaker sales

Aug 02, 2013 | 03:34 PM | Rey Mashayekhi

Tags  Superior Industries International Inc, earnings report, aluminum, wheels, Rey Mashayekhi

NEW YORK — Superior Industries International Inc. reported slightly lower earnings in the second quarter as an average 3-percent increase in prices was offset by lower sales volumes.

"While the fundamentals of the auto sector remain strong, it appears that Superior’s more selective pricing decisions and ongoing capacity limitations are reflected in the reduced unit sales volumes," chairman, president....

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