Four months after its acquisition of LucasVarity plc, TRW Inc. says it is on pace to achieve at least $200 million in cost savings. Automotive profits before taxes for the Cleveland-based company were $238.2 million in the second quarter of 1999, up from $153.1 million in '98. Still, operating margins for the quarter declined from 8.4% in '98 to 7.2% in '99. Ward's Supplier Index 7/22/'99 % Chg.Prev. Week % Chg.Yr. to Date Ward's Index 130.7 -0.7 6.3 DaimlerChrysler 86.8 ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.