Vitro Sees Auto Glass Replacement as Key Growth
May 10, 2013
by Jenna Reed, email@example.com
Vitro officials say the auto glass replacement market is a key
area for the company's growth going forward.
The Mexican-based company recently announced plans to invest more
million back into the company to increase the melting capacity
in automotive glass, as well as other areas.
"One out of every two cars in Mexico has automotive glass
supplied by Vitro," says Roberto Riva Palacio, corporate communications
and social responsibility executive with the company. "We have
a clear vision for the auto glass market.
"Our automotive industry sales in 2012 were driven by an increase
of 12.2 percent in the original equipment manufacturer market, while
sales in automotive glass replacement remained stable, growing 0.2
percent in the year, due mainly to the approach of our capacities
to supply the original equipment segment during the year,"
he adds. "However, the automotive glass replacement market
shows growth opportunities in the short term."
Looking to the near term, he says the company's flat glass business
unit will "focus on the automotive business growth both in
Mexico and in the U.S., where it remains one of the few competitors
certified by different assembly plants to have the available capacity
to meet customer needs."
He says the auto industry surpassed the existing stabilization
expectations last year.
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
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