Federal-Mogul Corp. announces losses of $34 million, or $0.39 per share, during the first quarter, a significant improvement over the $1.44 billion ($17.53 per share) loss during like-2002. The parts supplier also files a disclosure statement with the U.S. Bankruptcy Court in Wilmington, DE, outlining plans to emerge from bankruptcy. First-quarter sales for the parts maker were $1.4 billion, up 5% from the $1.34 billion reported in like-2002. Sales of aftermarket parts were up $13 million ...

Premium Content (PAID Subscription Required)

"Federal-Mogul Pares Losses as Bankruptcy Comes to End" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.