fbpx
Connect with us

Superior To Sell Suspension Components Business

(Clacton, U.K./Tyres & Accessories) Superior Industries International, Inc has announced that its board of directors has authorised management to engage an investment banker and/or other advisors to explore options for disposal of the company’s suspension components business.

Advertisement

“Today’s intense competition in the global automotive industry makes it imperative that Superior focuses all of its resources on its expanding aluminium wheel business,” said CEO Steven Borick. He said that all components orders would continue to be delivered as scheduled.

Advertisement

At 31 December 2005, the book value of the assets of the components business was approximately $44 million.

Advertisement
Click to comment

POPULAR POSTS

TPMS-Light-1400 TPMS-Light-1400

TPMS

Tips for Turning Off the TPMS Light

Commercial Tires

Global Tire Manufacturer Ralson Enters US TBR Market

RwtN-Featured-Image-1400x700-Market-Predictions RwtN-Featured-Image-1400x700-Market-Predictions

Rolling with the Numbers

Tire Market Predictions for 2023

Agrimax RT765 BKT Agrimax RT765 BKT

Sponsored Content

BKT’s Tips to Deal with Ag Tires on Steep Slopes

Connect
Tire Review Magazine