U.S. auto-parts makers see tough N. America in 2008

Newswire

By David Bailey CHICAGO, Jan 17 (Reuters) - Auto-parts makers are bracing for a tough ride this year as North American vehicle manufacturers cut production, but company officials said on Thursday growth in other regions would pick up the slack. As the slowing U.S. economy and slumping housing market raises concerns about the possibility of a recession, car makers and analysts mostly expect North American sales and production will decline in 2008. Meantime, continued steady growth was ...

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