Author: Automotive News Breaking News Feed
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Tower swings to $3.3 million Q3 profit, raises forecast
Tower International, which supplies structural metal components and assemblies to automakers, said today it posted third-quarter net income of $3.3 million.
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BorgWarner profits skyrocket 65% in Q3
BorgWarner, the maker of automotive turbochargers and emission systems, reported a 65 percent rise in quarterly profit, partly due to higher demand for fuel-efficient vehicles.
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GM bolsters N.A. earnings, cuts European losses
A jump in profits in North America and shrinking losses in Europe propelled General Motors’ third quarter results, but Asia has emerged as a potentially lingering trouble spot.