Superior Industries Wins New Aluminum Suspension Components Business; Adds Lower Crankcase Bed Plate to Its Product Line

    VAN NUYS, Calif.--Jan. 16, 2003--Superior Industries International, Inc. announced today that it has begun shipping production quantities of a new aluminum component used in a variety of GM's small car platforms, including the Chevrolet Cavalier, Pontiac Grand Am and Sunfire, and Saturn VUE, ION and L Series.
    Superior is manufacturing the lower crankcase bed plate for 4-cylinder engine platforms at its dedicated aluminum components facility in Heber Springs, Arkansas using a special low pressure casting process. This plant also produces front and rear aluminum upper control arm assemblies for the Cadillac CTS with additional products in development.
    "We are gratified that when GM required an additional volume source for this specialized aluminum component, they turned to Superior as the supplier of choice," said Chairman and Chief Executive Officer Louis Borick. "This project enhances our credibility and our visibility as a reliable partner in the emerging aluminum components market, consistent with our long-standing reputation for excellence in aluminum road wheels. This is an important turning point in Superior's continuing effort to build a significant position in this exciting new business."

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW, Volkswagen, Audi, Land Rover, MG Rover, Toyota, Mazda, Mitsubishi, Nissan, Subaru and Isuzu. For additional information, visit Superior's Web site at www.supind.com.

    Forward-Looking Statements

    This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.