Johnson Controls has said that as the car battery before overestimated the demand for most of next year should be used to reduce inventory.

    According to the Wall Street Journal, CFO BruceMcDonald Johnson Controls, said Johnson Controls battery inventory is too high, from June last year to June this year, inventories grew by 50%, the total value of $ 2.45 billion inventory.

    By the global economic impact of the Great Depression, June 2008-September 2009 period, Johnson Controls has five consecutive quarters of inventory reduction 1 / 3. Economic crisis, in order to speed up economic recovery, Johnson Controls battery inventory at the end of 2009 they have increased, the second half of 2010 is rapidly increasing.

    McDonald said most of the time in 2012 will be used to reduce inventory, because inventory is impossible in a short time can be reduced. Johnson Controls expects fiscal 2012 sales of $ 44.2 billion, net profit of 20 billion dollars.