Topic
auto-parts
2 stories related to this topic, newest first.
benzinga.comfinance1 day ago
Motorcar Parts of America Reports 9.9% Sales Rise in Q4 Fiscal 2026
Motorcar Parts of America posted net sales of an unspecified amount, up 9.9% from a year earlier, and swung to net income of $9.7 million. The company reduced net bank debt to $80 million and issued fiscal 2027 guidance for sales growth between 7.5% and 10.2%.
prnewswire.comworld47 days ago
Hyundai Mobis Q1 Net Profit Drops 14% to 883 Billion Won Amid Weaker Demand
Hyundai Mobis Co., South Korea's leading auto parts maker, reported a 14 percent decline in first-quarter net profit due to reduced vehicle sales linked to Middle East tensions. Operating profit and sales rose, supported by high-end electric components. The company plans increase…