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Martinrea International Inc T.MRE

Alternate Symbol(s):  MRETF

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.


TSX:MRE - Post by User

Post by cleareyeon Mar 12, 2022 9:34am
197 Views
Post# 34508806

Auto Inventory Levels - favourable for auto parts suppliers

Auto Inventory Levels - favourable for auto parts suppliersAs USA fights to rebuild inventory the auto parts sector should do very well.

Data tells the story:

Inventory of Autos in USA.
(December each year)
2014        1,218,000
2015        1,156,000
2016        1,156,800
2017           873,700
2018           718,800
2019           497,400
2020           444,400
2021             52,200
Reference: Domestic Auto Inventories (AUINSA) | FRED | St. Louis Fed (stlouisfed.org)
 
Inventory to Sales Ratio in USA.
(December each year)
2014     2.52
2015     2.6
2016    2.7
2017    2.44
2018    2.17
2019    1.74
2020    1.96
2021    0.31
 
Reference: • U.S. automotive inventory to sales ratio | Statista
 

cleareye
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