* Suppliers working on balance sheets, cautious on deals * OEMs want suppliers' debt to EBITDA at 2 times or below * Targets hold out for industry upturn, creating value gap * Focus turns to suppliers that emerged from bankruptcy By Soyoung Kim and Deepa Seetharaman NEW YORK/DETROIT, Oct 27 (Reuters) - With the U.S. car industry in a slow, fragile recovery from a punishing downturn, auto parts makers are reluctant to pull the trigger on deals, delaying a long-predicted wave of ...
Premium Content (PAID Subscription Required)
"DEALTALK-Auto supplier deals drop amid skittish recovery" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642