Superior Industries Announces Senior Management Promotion; James Ferguson Named Senior Vice President - Global Sales & Marketing

    VAN NUYS, Calif.--March 12, 2003--Superior Industries International, Inc. today announced the promotion of James Ferguson to a newly created senior management position at the Company.
    James Ferguson, who joined Superior in 1977 and was formerly Vice President - OEM Marketing Group, has been named to the position of Senior Vice President - Global Sales & Marketing. President and COO Steve Borick said, "Jim has been instrumental in the implementation of our global expansion program. He's helped us win new business from important international customers including Toyota and Nissan. He also deserves credit for the increasing success of our joint venture manufacturing facility in Hungary, as well as the progress we've made in the start-up of our components business in Heber Springs, Arkansas. With this well-earned promotion, Jim now will assume primary responsibility for Superior's global sales and marketing effort and work closely with me in the development and execution of our long-term growth strategy.
    "To sustain the exceptional performance Superior is known for, we must respond appropriately and with alacrity to the rapidly changing realities in the global automotive marketplace. This requires experienced, dedicated executives working as a team to make the most of our manufacturing expertise, solid market position, excellent relationships with customers and financial strength. We are pleased to reward Jim for his many contributions to Superior's success, and expect him to contribute significantly to our continued growth," Borick added.

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, Audi, BMW, Isuzu, Land Rover, Mazda, MG Rover, Mitsubishi, Nissan, Subaru, Toyota and Volkswagen. 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.