The auto parts industry has chalked up a decade of steady growth, but analysts and forecasters believe the strains of falling vehicle sales, rising material costs and huge demands for r&d spending could bring the party to an end.
The auto parts industry has chalked up a decade of steady growth, but analysts and forecasters believe the strains of falling vehicle sales, rising material costs and huge demands for r&d spending could bring the party to an end.
U.S. light-vehicle sales are projected to rise 4.6% to 15% in April, forecasters say, as consumers lock in prices poised to rise in coming months as tariffs take a toll on supply and selection.