Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Spain

Emerging Markets Bring Profits For Spanish Supplier

March 2009 | Company News Alert

Spanish partsmaker CIE Automotive (CIE) has posted a nearly 6% year-on-year (y-o-y) profit increase to EUR53.8mn in 2008, despite the fall in global vehicle demand last year. These results fall in sharp contrast to Europe-wide concerns over widespread consolidation in the autos supplier

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