Suppliers Optimistic For 2010

The Western European auto parts segment has seen a bout of optimism as Germany's Continental and France's Valeo revealed positive outlooks for 2010, despite posting weak finances for 2009. While Continental expects a 5% increase in its sales to lead to a 'significant' improvement in its operating margin for 2010, Valeo revealed that it expects its operating margin to double 2009's by the end of the year.

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