US: Federal-Mogul boosts margins in Q1 2010

Federal-Mogul has announced revenue of US$1,489m in the first three months of 2010, a rise of 20.3% from the US$1,238m reported in the opening quarter of 2009. The supplier noted it realised market share gains in all three of its business units serving OEMs (Powertrain Energy; Powertrain Sealing and Bearings; Subscribe to Automotive World to … Continued

• By Webmaster
• April 28, 2010