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Plastic Omnium beats global automotive growth

07/11/2012


French automotive giant Plastic Omnium has posted automotive revenue growth of 9.5% for the first nine months of the year, beating global auto production growth rates of 7.6%.
The strong performance was driven by growth in North American and Asia, which accounted for 47% of auto production.
The company has invested in these two regions over the nine month period, including starting up a fuel system plant in Michigan, the US. It is also building five new plants in Asia – four in China and one in India – and has acquired all outstanding shares in its exterior automotive components business in India.
In Q3 sales totalled €1.13bn.

Plastics.ru

     








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