CategorySuppliers

Martinrea sales, earnings decline in third quarter as vehicle volumes slide

The Martinrea International logo on the exterior of a factory.
Martinrea CEO Pat D’Eramo said the company expects the slower production environment to extend to the end of 2024, bucking the sector’s usual seasonality trend that sees automaker production weakest in the third quarter. (MARTINREA/FACEBOOK)
Author
DK
By:
David Kennedy
November 13, 2024 07:59 PM

Featured Stories

TitleWhy Trump’s proposed tariffs could increase costs, reshape supply chains
ImageWhy Trump’s proposed tariffs could increase costs, reshape supply chains
TitleElon Musk’s SpaceX, Amazon will test U.S. labor board’s powers at conservative appeals court
ImageElon Musk’s SpaceX, Amazon will test U.S. labor board’s powers at conservative appeals court
TitleCarvana leverages ADESA real estate to amplify its used-car reconditioning, customer reach
ImageCarvana leverages ADESA real estate to amplify its used-car reconditioning, customer reach
TitleJeep Gladiator hits sales wall, prompting 1,100 layoffs
ImageJeep Gladiator hits sales wall, prompting 1,100 layoffs