March 2005 Newsletter
Delphi Upheaval
Continuing losses, GM production cutbacks, SEC scrutiny, overstated cash flow and loss of top management spell big trouble for Delphi.

2004 Roundup of European Auto Electronics Suppliers
Annual summary of year-end financial results for Bosch, Brose, Hella, Magneti Marelli, Siemens VDO, Valeo and ZF.

Infineon Technologies, The Company Profile (2005)
The world's second largest automotive semiconductor supplier sees continued growth in safety applications, especially tire pressure and rollover sensing. Another hot product for Infineon is its TriCore 32-bit microcontroller, designed especially for powertrain.

LED Technology Pushes Forward
LEDs are slowly penetrating automotive lighting, but won't be widely used for headlights until at least 2010. Organic LEDs hold long term promise.

TRW Automotive 2004 Financial Results
TRW's results were released too late for our North American Roundup in February. The company made $29 million in net income in 2004.

HEV Market Forecast
CSM Worldwide forecasts HEV production through 2009.



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