INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that the Allison 3414 Regional Haul Series™ (RHS) paired with the Cummins ISX12N engine is now available for order in Daimler Truck North America’s (DTNA) Class 8 Freightliner Cascadia Day Cab (116 in. BBC) model. “After initially introducing the Allison 3414 RHS into Cascadia models when paired with… Continue reading Daimler Truck North America Integrates Allison Transmission’s 3414 Regional Haul Series™ with Low-Emissions Natural Gas Engine into Freightliner Cascadia
Category: Suppliers
Bosch significantly extends its workshop portfolio for hydraulic steering pumps
The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair-shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as aftermarket-specific… Continue reading Bosch significantly extends its workshop portfolio for hydraulic steering pumps
Auto Roundup: GM Tops Q4 Earnings Mark, Ford Misses & More
Last week, many auto biggies released U.S. vehicle sales data for January 2023. Among the automakers that revealed monthly sales numbers, Honda, Ford, Mazda, Hyundai, Kia, Subaru and Volvo registered year-over-year gains, while Toyota posted a decline in sales. Per Motor Intelligence, the seasonally adjusted annualized rate of sales reached 16.21 million last month, marking the… Continue reading Auto Roundup: GM Tops Q4 Earnings Mark, Ford Misses & More
Lear to Participate in the Wolfe Research Global Auto, Auto Tech, and Auto Consumer Conference
SOUTHFIELD, Mich., Feb. 6, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2023, at the Wolfe Research Global Auto, Auto Tech, and Auto Consumer Conference in New York. Representing Lear will be: Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation)… Continue reading Lear to Participate in the Wolfe Research Global Auto, Auto Tech, and Auto Consumer Conference
Is a Surprise Coming for Eaton (ETN) This Earnings Season?
Investors are always looking for stocks that are poised to beat at earnings season and Eaton Corporation plc ETN may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Eaton is seeing favorable earnings estimate revision activity as of… Continue reading Is a Surprise Coming for Eaton (ETN) This Earnings Season?
Adient (ADNT) Q1 Earnings and Revenues Lag Estimates
Adient (ADNT) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to loss of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -15%. A quarter ago, it was expected that this… Continue reading Adient (ADNT) Q1 Earnings and Revenues Lag Estimates
Adient reports improved first quarter 2023 financial results; reaffirms FY2023 outlook
PLYMOUTH, Mich., Feb. 7, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its first quarter 2023 financial results. Q1 GAAP net income and EPS diluted of $12M and $0.13, respectively; Q1 Adj.-EPS diluted of $0.34 Q1 Adj.-EBITDA of $212M, up $66M y-o-y Strong quarter-end cash and total liquidity of $901M… Continue reading Adient reports improved first quarter 2023 financial results; reaffirms FY2023 outlook
06:50 ETAdient reports improved first quarter 2023 financial results; reaffirms FY2023 outlookAdient (NYSE: ADNT), a global leader in automotive seati…
PLYMOUTH, Mich., Feb. 7, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its first quarter 2023 financial results. Q1 GAAP net income and EPS diluted of $12M and $0.13, respectively; Q1 Adj.-EPS diluted of $0.34 Q1 Adj.-EBITDA of $212M, up $66M y-o-y Strong quarter-end cash and total liquidity of $901M… Continue reading 06:50 ETAdient reports improved first quarter 2023 financial results; reaffirms FY2023 outlookAdient (NYSE: ADNT), a global leader in automotive seati…
Lear (LEA) Q4 Earnings Surpass Estimates, ’23 View Upbeat
Lear LEA reported fourth-quarter 2022 adjusted earnings of $2.81 per share, surging from $1.22 recorded in the year-ago quarter. The bottom line also surpassed the Zacks Consensus Estimate of $2.54 per share. Higher-than-expected earnings across both business segments led to the outperformance. In the reported quarter, revenues increased 10% year over year to $5,370.9 million.… Continue reading Lear (LEA) Q4 Earnings Surpass Estimates, ’23 View Upbeat
Asbury (ABG) Q4 Earnings Outstrip Estimates, Jump 22.2% Y/Y
Asbury Automotive Group ABG reported impressive fourth-quarter 2022 adjusted earnings of $9.12 per share, which increased 22.2% year over year and topped the Zacks Consensus Estimate of $8.23 per share. This outperformance can be primarily attributed to higher-than-expected gross profit from the new-vehicle and finance & insurance units. In the reported quarter, revenues amounted to… Continue reading Asbury (ABG) Q4 Earnings Outstrip Estimates, Jump 22.2% Y/Y