* Sees Q2 pretax charge $200 mln-$215 mln * Says does not expect near-term recovery in its markets * Charges mostly associated with auto interiors business (Adds details on segment performance, CEO quote, background) NEW YORK, March 27 (Reuters) - Car interiors maker Johnson Controls said it would close 10 plants as it expects no near-term recovery in global auto production. The company will take a pretax charge of up to $215 million in the second quarter ending March 31, partially ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Johnson Controls to cut more jobs, close 10 plants" 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!
Current subscribers, please login or CLICK for support information.