20 international parts suppliers in the third quarter of financial results

In the second quarter of this year, the new flu pandemic caused widespread blockade, stores closed, factories were forced to shut down, making global light vehicle production fell sharply and the international auto parts business and cash flow caused great influence, and in the third quarter, the supplier's performance began to slowly recovery.
Most of the 20 parts companies surveyed by Gestapo recorded quarter-on-quarter sales growth in the third quarter, with magna, Lear and Visteon reporting triple-digit growth.But because of the impact of the outbreak, sales still fell in the third quarter compared with the same period last year, but the decline was much narrower than in the second quarter.
In terms of net income, Ambofo reported $283m in the third quarter, up 15 per cent from a year earlier;Dana also swung to a net profit of $45m from a loss of $174m in the second quarter;Nemak, a Mexican supplier of power systems and body structures, made a net profit of $90m in the third quarter, compared with a net loss of $2m a year earlier.Air bag maker Autoliv reported operating profit of $175 million, up from $154 million in the same period last year
A big driver of the recovery has been the gradual recovery in sales in key auto markets such as China and the US.
In addition, the deepening of electric, intelligent, automatic driving and other trends in the automotive industry is also an important driving force for performance recovery.