Fed-Mogul sales rise in 1st quarter

May 2008
Rubber & Plastics News;5/5/2008, Vol. 37 Issue 20, p3
Trade Publication
The article reports that Jose Maria Alapont, chief executive officer (CEO) of auto parts maker Federal-Mogul Corp., has said that volumes in the U.S. market are a concern. Alapont says that Europe, Asia-Pacific and South America are showing good volumes for the company. Speaking on the financial performance of the company, Alpont said that an accounting charge led to a net loss of $31.5 million for the first quarter.


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