Financial Overview

(in million dollars)

	FY2010	FY2009	Rate of change (%)	Factors
Net Sales	719.5	418.8	71.8	+Volume of wheels shipped in 2010 increased 3.8 million, or 54 percent from 2009 +Higher prices of aluminum
Gross Profit	89.2	(10.1)	-	-

Acquisition

-The Company announced it has acquired 8.7% shares of Synergies Castings Limited, an aluminum wheel manufacturer based in India. Concurrently, Superior entered into an agreement to make additional equity investments in Synergies up to approximately 26% of Synergies' total equity by the end of 2010. SYNERGIES is India’s first global scale, world-class aluminum alloy wheel manufacturing company. The company has Low Pressure Die Casting (LPDC) and customized Copper-Nickel-Chrome electroplating technology to manufacture and finish aluminum alloy wheels and other aluminum cast components. It has existing contracts with Toyota, General Motors and Chrysler, among others. (From a press release on June 29, 2010)

Divestitures

-The Company announced that it will sell its entire stake in Suoftec Light Metal Products Production & Distribution Ltd. (Suoftec) in Hungary to Otto Fuchs KG based in Germany. Suoftec is a 50 percent-owned joint venture with Otto Fuchs and manufactures forged and cast aluminum wheels. (From a press release on June 15, 2010)

R&D Expenditure

(in million dollars)

	FY2010	FY2009	FY2008
Total	4.9	3.1	4.7

R&D Facilities

Name	Location	Activities
Engineering center	Fayetteville, Arkansas	Supporting its research and development manufacturing needs.
Technical center	Detroit, Michigan	Maintaining a complement of engineering staff centrally located near its largest customers' headquarters, engineering and purchasing offices.