Shareholders approve Johnson Controls-Tyco mergerWed, 17, Aug 2016
Shareholders from Johnson Controls and Tyco International approved the merger between the two companies on Wednesday.
BorgWarner adjusted Q2 earnings improve 9% as drivetrain business soarsThu, 28, Jul 2016
BorgWarner reported adjusted earnings of $327.6 million in the second quarter, a 9 percent increase from the year-earlier period. Net income rose 11 percent to $164.4 million in the second quarter, the company said in a statement.
Ford posts 9% decline in Q2 profit, warns of challenges aheadThu, 28, Jul 2016
Ford today said its second-quarter profit fell 9 percent to $1.97 billion and warned that the rest of the year would be “much weaker than normal” as U.S. demand softens and the automaker launches redesigned versions of its heavy-duty pickups.
Penske Automotive's Q2 net slips 0.7% on currency, interest costs.Thu, 28, Jul 2016
Penske Automotive's net income in the second quarter eased 0.7 percent from the year-earlier quarter to $95.0 million, on currency losses and higher floorplan and other interest costs.