TEXT-Moody's reports on global automotives suppliers


(The following statement was released by the ratings agency) MOODY'S REPORTS: AUTOMOTIVE SUPPLIERS TO SEE MORE STABILIZED RATINGS IN 2004 NEW YORK, Jan 28 - The global automotive suppliers should see more stabilized ratings in 2004 compared with 2003, Moody's Investors Service says in its 2004 Outlook for the industry. "Benefits of new platform launches and an uptick in vehicular production, partially offset by price-downs, higher raw material, pension and OPEB costs, should allow ...

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