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related topics |
{customer, product, revenue} |
{cost, operation, labor} |
{product, market, service} |
{operation, international, foreign} |
{property, intellectual, protect} |
{gas, price, oil} |
{cost, regulation, environmental} |
{personnel, key, retain} |
{cost, contract, operation} |
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Our OEM business, which accounts for approximately 90 percent of our business currently, is dependent upon the health of the OEM markets we serve.
A decline in vehicle sales would reduce our sales and harm our operations.
If we were to lose business with a major OEM customer, our business would be adversely affected.
The sales of our products are dependent on the success of the particular platform in which our products are placed.
The continual pressure to absorb costs adversely affects our profitability.
Tightening of emissions standards, which took effect on January 1, 2007 will likely adversely affect our sales in the commercial vehicle (truck) market after that date.
Our OEM customers continually seek and obtain price reductions from us which adversely affects our earnings, even in the face of increased revenue.
We receive and keep the business we have because of our technological innovation.
Developments or assertions by or against the Company relating to intellectual property rights could adversely affect our business.
We continue to face high commodity costs (including steel, copper, aluminum, nickel, other raw materials and energy) that we increasingly cannot recoup in our product pricing.
Our lack of manufacturing facilities in low cost countries adversely affects our profitability
As a global company, we are subject to currency fluctuations and any significant movement between the U.S. dollar, the euro, Korean won and Brazilian real, in particular, could have an adverse affect on our profitability.
The Company could be adversely affected if we experience shortages of components from our suppliers.
Additional automotive supplier bankruptcies and related labor unrest may disrupt the supply of components to our OEM customers, adversely affecting their demand for our products.
We may be unable to create a strong and predictable labor relationship with our unionized work force in South Korea, which could lead to more frequent or prolonged strikes.
We may be unable to complete and successfully implement our repositioning plan to reduce costs and increase efficiencies in our business and, therefore, we may not achieve the costs savings we need.
We may be unable to retain key employees with critical engineering or technical skills.
The Company would be adversely affected by products not conforming to customer specifications.
Full 10-K form ▸
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