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OEM issues, Venezuela market impact Voxx’s sales

On announcing its fiscal 2015 third-quarter results, Voxx’s Chief Executive Patrick Lavelle says OEM issues and operations in Venezuela have dented its sales

Voxx, a supplier of automotive and consumer electronics, announced financial results for its fiscal 2015 third-quarter and nine months ending 30 November 2014. In its conference call, Patrick Lavelle, Chief Executive of Voxx, said he believes the company is on track for growth this year by addressing issues with OEMs and cutting its losses in Venezuela.

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https://www.automotiveworld.com/articles/oem-issues-venezuela-market-impact-voxxs-sales/

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