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European Suppliers Record Modest Growth
June 2006 | Market Trend AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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European automotive parts suppliers have experienced strong growth, spurred on by technological innovation. Automotive electronics is the chief area of growth in the supply sector, with European manufacturers increasing the electronics content in their vehicles. Germany's Robert Bosch retains an over-riding lead in the OEM parts market with European sales estimated at around US$32bn in 2005. It is followed by France's Faurecia with global sales worth US$14bn, up 5% y-o-y, and European sales at