Agreed, DSHL is smartly positioned in the auto parts industry because it operates in the global market. The overview of the auto parts industry indicates that a global strategy is one of the keys to success. The challenging environment for U.S. automakers sets up a perfect opportunity for DIAS Holding, Inc. because of the need for companies like Ford and GM to reduce costs. The timing couldn't have been better for the Company's establishment of the Detroit Auto Salon, which provides auto part sourcing to low cost manufacturers in Asia, as well as retail service to the general public.
While some companies in the auto parts industry have faced adversity, Componus Inc.'s results were impressive with their ability to not be affected by the economic downturn. The future appears to be promising for Componus, as the fundamentals of the industry improve due to the rapid decrease in the prices of commodities, and as U.S. based companies seek outsourced auto parts overseas.
