Visteon Reports FY 2022 Results and 2023 Outlook
The company said it won $6 billion of new business in 2022, leveraging its strong, diversified product portfolio that addresses key industry trends.
O’Reilly Automotive Reports Q4, Full-Year 2022 Results
Sales for the fourth quarter increased $353 million, or 11%, to $3.64 billion from $3.29 billion for the same period one year ago.
BorgWarner Reports Full Year 2022 Results
The company says it expects 2023 electric vehicle sales of $1.5 billion to $1.8 billion.
Motorcar Parts of America Reports Fiscal Q3 Results
The company said approximately $52 million annualized net sales have resumed in the fourth quarter as delayed business and customer order patterns normalize.
Adient Reports Improved Q1 2023 Financial Results
Company also reaffirms full-year 2023 outlook.
Valvoline Reports First-Quarter Results
Sale of the Global Products business remains on track with closing expected in early calendar year 2023 with $1.6 billion of the net cash proceeds expected to be returned via share repurchases in the 18 months following close.
Aptiv Reports Q4 2022 Financial Results
The company reported U.S. GAAP net income of $531 million, diluted earnings per share of $1.96.
ITW Reports Fourth-Quarter, Full-Year 2022 Results
The company reported full-year revenue of $15.9 billion, an increase of 10% with organic growth of 12%.
Icahn Enterprises Announces Chapter 11 for Auto Plus
Auto Plus expects to continue to operate its business in the ordinary course and plans to run a sale process for substantially all its assets during the Chapter 11 case.
Gentex Reports Q4, Year End 2022 Financial Results
Calendar year sales for 2022 represented the highest annual sales in company history, Gentex reported.
Superior Industries Announces Refinancing
Company’s strong financial performance and long-term earnings power attracts new capital.
AutoZone Q1 EPS Increases to $27.45
Rising freight costs caused a decrease in gross margin for the quarter.