First quarter 2008 Automotive Experience Highlights Significant new orders for riACT safety headrest system New electronics customers: Ford, Nissan, VW New orders from PSA, VW in Europe New and enhanced technologies well-received at Detroit auto show Chery joint ventures (China) on track for 2008/09 production launch Global cost and quality improvements while driving growth 2008 2008 2008 Net sales Net sales $4.6 B $4.6 B $4.6 B $4.2 B +9% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% North America: up 5% Higher volume: GM Lambda, Toyota Tundra, Chrysler Voyager/Caravan, Ford Edge and 250/350, Honda Accord Lower: GM Aztec and Grand Prix, Ford Expedition, Jeep Grand Cherokee/Commander, Nissan Pathfinder Europe: up 14% Higher: Kia Cee'd, Fiat 500, Ford Freelander Lower (discontinued): Daimler NCC, BMW Mini China: unconsolidated sales up 43% Segment income $78 M $78 M $35 M $35 M $35 M +123% North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs North America profitable vs. 2007 loss Volume, operational improvements, lower engineering and launch costs Europe: slight income decline due to higher engineering costs 2007 |