Dura Automotive Systems on Thursday posted a quarterly net loss, driven by declines in North American light truck production and rising steel costs, Reuters reported.
Dura Automotive Systems on Thursday posted a quarterly net loss, driven by declines in North American light truck production and rising steel costs, Reuters reported.
The news agency said Dura posted a net loss of $US4.8 million, or 26 cents a share, compared with a year-earlier profit of $9.2 million, or 48 cents a share.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Monumo’s Anser® platform has won the Innovation and Environmentalawards by reinventing electric motor design with ultra fast, system level optimisation and lower environmental impact. Learn how Anser® is powering the next wave of sustainable automotive engineering.
