NEW YORK, June 27 (Reuters) - The credit derivatives market on Monday bet Lear Corp. will weaken further, along with the ailing U.S. auto industry, while some analysts said the parts maker may not fall far. The maker of automotive seats, door panels and other components on Monday said it will incur charges and use up cash in the short term in an effort to make its operations more competitive in the long run. Derivatives traders gave an initial thumbs down to the plan, along with stock ...
Premium Content (PAID Subscription Required)
"US CREDIT - Lear may not be a short for long" 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:
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.