Magna says Q4 profits remained stable as revenues grewFeb. 24
Diversified Canadian auto supplier Magna International said increased protectionist measures in North America could pose a substantial risk to the supplier achieving “desired results” in the future.
Visteon builds on electronics segment gains in Q4Feb. 23
Electronics supplier Visteon said it swung to a $31 million profit on its continuing operations in the fourth quarter of 2016, compared with a loss of $68 million last year.
PSA ready for 'opportunities' as profit gain helps Opel stanceFeb. 23
PSA's earnings jumped 18 percent last year on cost cuts, underscoring the automaker's revival and helping its efforts to buy GM's struggling European operations.
KAR Auction's Q4 net income drops despite gain at ADESAFeb. 22
ADESA parent company KAR Auction Services reported a 5.8 percent decline in fourth quarter net income on higher service costs and selling and administrative expenses.
Mobileye Q4 net income climbs 73% in strong finish to 2016Feb. 22
Mobileye's stream of self-driving partnership announcements and success with aftermarket products pushed it to a strong finish in 2016.
Cooper-Standard says Q4 net income rises 43%Feb. 17
Cooper-Standard Holdings said fourth-quarter net income rose 43 percent to $31.1 million. Sales improved 2.4 percent to $875.4 million.
Tower's adjusted earnings rise 23% in Q4Feb. 15
Tower International reported fourth-quarter adjusted earnings of $56.2 million, up 23 percent from $45.9 million a year ago, while net income plummeted 88 percent for the quarter.
Lithia posts 7.5% increase in Q4 net incomeFeb. 15
Lithia Motors' net income rose 7.5 percent to $51.3 million in the fourth quarter on strong used-car sales and record finance and insurance gains, the retailer said.
BorgWarner records $441 million charge to fight asbestos claimsFeb. 9
BorgWarner, the supplier of turbocharger and emissions systems, reported a net loss of $293 million in the fourth quarter of 2016 as it announced a one-time asbestos-related charge of $441 million.
Takata forecasts third annual loss after U.S. criminal settlementFeb. 10
Takata, the troubled airbag supplier behind the biggest auto safety recall, said it will probably report a third consecutive annual loss as it booked a one-time charge after agreeing to settle a U.S. criminal investigation.
Dana says adjusted earnings rise 29% to $166 millionFeb. 9
Dana, a power-technologies and driveline supplier, said its adjusted earnings increased 29 percent, before interest and taxes, to $166 million, up from $129 million in 2015.
Takata to set aside $864 million as part of U.S. Justice Dept. settlementFeb. 9
Takata said it will set aside 96.93 billion yen ($864.4 million) as part of a $1 billion settlement with the U.S. Justice Department over the world's largest ever auto recall.