Replacement business with existing Customers as well as business with new Customers has fuelled this growth. The slight dip in the last two years reflects fierce price competition rather than a slow down in activity.

Calsonic Kansei Europe is confident that Sales will continue to expand in the coming years with new programmes coming on stream and with the launch of new products. We are particularly looking forward to developing our Module business - Front-end and Cockpits, with product launches in 2002 and 2004.