Lear sales, profits fall
SOUTHFIELD—Lear Corp. (NYSE: LEA), the Southfield manufacturer of automotive seating and electronics, reported net income of $229 million or $3.73 a share in the first quarter of 2019, down from …
Tax benefits, lower restructuring costs boost Whirlpool profit
BENTON HARBOR—A sharp reduction in restructuring costs and an income tax refund vs. a payment last year boosted net income for Benton Harbor-based appliance giant Whirlpool Corp. (NYSE:WHRL). Net income …
Horizon Global sales dip, loss increases
TROY — Horizon Global Corp. (NYSE: HZN), a manufacturer of towing and trailering equipment, reported a loss of $46.8 million or $1.86 a share in the fourth quarter, compared to …
Nexteer profits up nearly 8%
AUBURN HILLS — Nexteer Automotive (HK.1316), the Chinese-owned, Auburn Hills-based auto supplier, reported a 7.9 percent increase in profit attributable to equity holders to $380 million for 2018. Revenue for …
Stoneridge profit, revenue rise
NOVI – Stoneridge Inc. (NYSE: SRI), the Novi-based supplier of electronics to the mobility industry, reported 2018 net income of $53.8 million or $1.85 a share, up from $45.2 million …
Superior cuts outlook, issues preliminary results
SOUTHFIELD — Superior Industries International Inc. (NYSE:SUP), a supplier of aluminum wheels to the auto industry, cut its 2018 outlook amid falling wheel unit shipments. The company said that based …
Whirlpool sales, profits fall
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, reported net income of $210 mllion or $3.22 a share in the third quarter of 2018, down from …
Lear sales, profits slump, outlook cut
SOUTHFIELD — Lear Corp. (NYSE: LEA), the supplier of automotive seating and electrical and electronic systems, reported net income of $252.5 million or $3.80 a share for the third quarter …
Superior Industries swings to profit in second quarter
SOUTHFIELD — Superior Industries International Inc. (NYSE: SUP), the supplier of aluminum wheels to the auto industry, reported net income of $8.1 million or 9 cents a share in the …
DowDuPont sales, earnings rise
MIDLAND — Chemical giant DowDuPont Inc. reported net income of $1.77 billion or 76 cents a share in the second quarter ended June 30, up from $1.32 billion or 46 …