The Latest Breaking News from GTX

The demand for auto parts is expected to grow as auto sales are projected to return to pre-pandemic levels this year. In addition, the demand for new technologies is fuelling the growth of auto parts. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks Valeo…

Despite the macroeconomic concerns, new car sales in the United States are expected to increase in March due to pent-up demand. Therefore, investing in auto stocks, Gates Industrial (GTES), JTEKT (JTEKY), and Garrett Motion (GTX), could be a good idea. These stocks are currently trading under $25 and are Strong…

Inflation slowed again last month, raising optimism over a lower magnitude of interest rate hikes. Therefore, fundamentally strong stocks Garrett Motion (GTX), ARC Document Solutions (ARC), and Good Times Restaurants (GTIM), which are currently trading under $10, could be solid investments now. Read more.

Volkswagen Commercial Vehicles is teasing the ID. Buzz GTX for the first time and showing illustrations of the long-wheelbase model and seven-seat SWB model.

Auto parts company Garrett Motion (GTX) recently went through restructuring, implementing its Plan of Reorganization, which is expected to bolster its overall fundamentals. However, its net sales declined in the last reported quarter. Let’s discuss the factors that could drive its near-term performance.

Rapid technological advancement and the increasing shift toward electric vehicles have fostered strong demand for automotive parts. Since the market for automotive components is expected to remain elevated with subdued auto production, buying the dip in the quality auto-parts stocks Allison Transmission Holdings (ALSN), Ituran Location and Control (ITRN), and…

The S&P 500 (SPY) had a nice bounce and remains above its key level. However, the market faces some serious challenges in terms of inflation, a hawkish Fed, and now a possible slowdown in growth. Read on to find out how we are navigating this tricky market environment.

Swiss differentiated automotive technology leader Garrett Motion (GTX) has come a long way from its bankruptcy filing in 2020, achieving double-digit revenue and earnings growth in its fiscal 2021. With bullish growth prospects, we think GTX is an ideal investment bet on the dip. Read on.

Garrett Motion Inc (NASDAQ:GTX) reported a fourth-quarter sales decline of 14% year-over-year to $862 million, -13% on a constant currency basis, missing the consensus of $863 million. The decrease in net sales was driven by global semiconductor shortage sales across all product lines, mainly in passenger vehicles. EPS was $0.29, compared to $0.34…