Collins & Aikman Corporation, incorporated in 1988, is engaged primarily in the design, engineering and manufacture of automotive interior components, systems and modules. The Company supplies products from three primary categories: plastic components and cockpits, soft trim and convertible roof systems. In North America, Collins & Aikman manufactures components for approximately 90% of all light vehicle production platforms. Sales are primarily made to North American-based original equipment manufacturers (OEMs), as well as Asian- and European-based OEMs. It conducts all of its operating activities through its wholly owned subsidiary Collins & Aikman Products Co. European and South American sales represented 27% of the Company's total sales for 2003. DaimlerChrylser AG (including Mercedes, Chrysler, Mitsubishi and Smart), General Motors Corporation (including General Motors, Opel, Vauxhall and Saab) and Ford Motor Company (including Ford, Jaguar, Land Rover, Aston Martin and Volvo) directly and indirectly represented approximately 28%, 22% and 25% of 2003 sales, respectively. The Company has 102 plants and facilities worldwide. The Company's primary customers include Alfa Romeo, Audi, BMW, CAMMI, DaimlerChrysler, Faurecia, Fiat, Ford, Freightliner, General Motors, Honda, Intier, Isuzu, Jaguar, Johnson Controls, Land Rover, Lear Corporation, Magna, MAN, Mazda, Mitsubishi, Nissan, NUMMI, Opel, Porsche, PSA, Renault, MG Rover, Saab, Scania, Seat, Subaru, Toyota, Visteon, Volkswagen and Volvo. Plastic Components and Cockpits The United States and Mexico Plastics and International Plastics segments include interior trim components, such as door panels, instrument panels (IP), consoles, package trays and cargo management systems, exterior trim components, such as bumper fascias and cladding, and fully assembled cockpit systems and components. This portfolio of plastic components and cockpit products allows the Company to offer customers modules and systems that incorporate individual components. The advanced materials that the Company employs for its IP products include Envirosoft castable thermoplastic materials, polyvinyl chloride alloys, high-definition grain and texture formulation and vacuum forming. Collins & Aikman also has the Invisitec invisible passenger air bag system that provides improved appearance and craftsmanship at reduced cost. Through the Intelliquence software, the Company's finished cockpits are delivered to OEMs on a just-in-time basis and installed on the assembly line. Collins & Aikman has taken advantage of the systems trend in the exterior trim product market by producing and assembling fascia with radiator grills, energy absorbers, trim moldings and lamps to be delivered in sequence directly to the OEMs' assembly line. Soft Trim The Soft Trim segment includes the Company's global carpet and acoustics products, global automotive fabrics products and global convertible roof systems. Carpet and acoustics products include molded non-woven and tufted carpet, alternative molded flooring, accessory mats and acoustics systems consisting of absorbing materials, damping materials, engine compartment noise vibration and harshness systems and interior insulators. The Company's carpet and acoustics products are organized into four categorized: molded floor systems, luggage compartment trim, accessory floormats and acoustical products. Collins & Aikman's molded floor system products include the Tuflor, a proprietary thermoplastic flooring product that is rugged, durable and washable. The Company uses its robotics capability to manufacture highly-engineered molded floor systems. The luggage compartment trim products include one-piece molded trunk systems and assemblies, wheelhouse covers and center pan mats, seatbacks, tireboard covers and other trunk trim products. The Company manufactures automotive accessory floormats by vulcanizing rubber backing to tufted carpet, and also manufactures cargo mats with value-added distinctive aesthetic and practical features such a