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...I don't think it has to do with international diversification. In prepping for the interview, I learned that 50% of the firm's sales come from just four companies: the Detroit Big Three & Volkswagen.

Given that, I think it's even more of a wonder that they're doing so well, with relatively little of their business coming from Japan, Korea, etc.

Fool on!

Your 50% figure is right, according to the management discussion in the annual report. (Page 20) So the other half comes from other international sales.

They give slightly different percentages projected for 2006 in the pie chart on page 10. And there they state that 75% comes from non-North America Big 3 sales.

Not necessarily a contradiction. This would include sales to Daimler Chrysler's European production, as well as GM and Ford. And since they don't list them separately in the percentages, but do include the brand labels in the graphics, (page 11) I would suspect that Volvo, Jaguar, and Mazda are included in the Ford total, just as Mercedes-Benz would be included in Daimler-Chrysler.

And they list their production facilites and tech. centers, including
18 in Europe and 12 in Asia.


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