Financial Overview

(in million USD)

	FY2009	FY2008	Rate of Change (%)	Factors
Overall
Net Sales	1,481	2,005	(26.1)	-
EBITDA	140	139	0.1	-
Automotive
Net Sales	370	454	(18.5)	1)
EBITDA	40	45	(11.1)	-

Factors
1)
-This reflects lower sales in the Transmissions SBU caused by the fall in demand for heavy and medium vehicle transmissions among the Company's leading customers due to the economic recession.

-Declines were partially offset by good performance and excellent acceptance of the TR6060 transmission for GM and Chrysler, in addition to record order levels from AM General.

-At the CIE-Desc SBU, there were lower direct and indirect sales (through so-called Tier 1 clients) to VW, GM and Chrysler mostly.

Divestitures

-The Company announced that it has sold 100% of the capital stock of CIE Celaya, S.A.P.I de C.V. to CIE Automotive for approx. 15 million USD. (From a press release on Mar. 31, 2009)

-The Company announced that it has sold 100% of the capital stock of Pintura, Estampado y Montaje, S.A.P.I. de C. V. (Pemsa Celaya) to CIE Automotive for 30 million USD. (From a press release on May 25, 2009)

Capital Expenditures

(in thousands of Mexican pesos)

	FY2009	FY2008	FY2007
Automotive	76,723	370,797	482,826
Chemical	271,069	650,329	214,371
Consumer	521,990	537,222	175,547
Services	5,401	442	327
Total	875,183	1,558,790	873,071