(Recasts first paragraph, adds analyst's remarks, background, byline) By David Bailey CHICAGO, Feb 22 (Reuters) - Auto parts maker TRW Automotive Holdings Corp. reported a 44 percent drop in quarterly earnings on Thursday due to vehicle production cuts in North America and higher commodity costs. TRW also warned that output cuts by automakers in North America, price reductions on its parts, commodity cost pressures, and expectations for significantly lower heavy truck sales would pose ...
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