06:15 EDT ARM, MGA, DAN, AXL, TOWR theflyonthewall.com: Auto suppliers starting to make money again, Detroit News reports
William Kozyra, chairman of TI Automotive, says auto suppliers are starting to make money again, working more collaboratively with automakers and gaining greater access to credit. Addressing the Automotive Press Association, the executive says the auto industry rebound is not without challenges like parts shortages, but he believes this is a "temporary" issue that should resolve itself. Reference Link :theflyonthewall.com
I guess no news would be better than good news.
Long AXL!!!!!!!!!
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