U.S. Record Car Sales in Nov. Shows Good News to Sumeeko

U.S. car sales in Nov. broke the new record again, indirectly stimulating the stock price of the Taiwanese automotive component supplier Sumeeko to climb to NTD112.5 9 (the greatest growth margin before the closing was over 4.6%). One media reported that the discounted prices offered before Thanksgiving Day boosted U.S. car sales in Nov. 2014. GM and Chrysler both reported their record high sales. One artificial person pointed out that as Sumeeko continues to enter the T1 supply chain of GM and Chrysler and U.S. market represents about 60% of sales of Sumeeko, the increasing sales performance of GM and Chrysler is expected to push the sales of Sumeeko. The artificial person said that Sumeeko had gained new orders from North American car manufacturers in the end of Q3 and shipments had been initiated since this October. It is expected that next year Sumeeko may go further to enter the sector of fasteners that can eliminate static electricity.

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