Superior Industries Records $14.2M Q3 Net Loss
Superior Industries International has announced a net loss of US$14.2 million for the third quarter of 2008, including a charge linked to the December closure of its factory in Pittsburg, Kansas. In the comparable quarter of 2007 Superior recorded a net loss of $739,000. Unit shipments decreased 29 per cent in the quarter, compared with the same period a year ago, and were at the lowest level since the third quarter of 1998.