Italy's Brembo sees 2008 sales in line with 2007

Newswire

MILAN, Feb 19 (Reuters) - Italian specialty brake maker Brembo sees no revenue slowdown this year despite forecasts of a drop in car sales, Chairman Alberto Bombassei said on Tuesday. Brembo increased its market penetration last year and a slowdown in such countries as Germany has been more than offset by expansion in eastern Europe, he said. "I am hoping for 2008 to be like 2007," Bombassei said on the margins of a business event. "We work in the middle to high-end sector, where the ...

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