You can't open a business magazine or turn on the news these days without running into some form of automotive financial calamity.General Motors' struggles with pensions and retirement benefits are now well known,as is the Collins & Aikman bankruptcy and Visteon's sale of plants to Ford in an effort to improve P&L.These types of developments affect underhood applications to an extent,because they mean we see less of the cutting-edge metal-to-plastics replacement that typifies this market segment.
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