Novi, Michigan – Cooper Standard Automotive Inc. reported sales gains, but saw a decline in net income for 2018.
Sales for the year came in at $3.63 billion (€3.2 billion), up slightly compared to $3.62 billion in 2017.
Net income decreased to $107.8 million compared to $135.3 million the year before.
For the fourth quarter, sales dropped to $872 million compared to $937.9 million.
The firm reported a $23.1 million loss in the fourth quarter compared…