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US: Johnson Controls to reduce inventories

Components manufacturer Johnson Controls (JCI) says it overestimated demand for its automotive batteries. Consequently, it intends to spend much of 2012 paring inventories. According to a report carried by The Wall Street Journal, the company's chief financial officer Bruce McDonald admitted that it "took [its] eye of the ball" with regard Subscribe to Automotive World … Continued

Components manufacturer Johnson Controls (JCI) says it overestimated demand for its automotive batteries. Consequently, it intends to spend much of 2012 paring inventories.

According to a report carried by The Wall Street Journal, the company's chief financial officer Bruce McDonald admitted that it "took [its] eye of the ball" with regard

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https://www.automotiveworld.com/articles/89867-us-johnson-controls-to-reduce-inventories/

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