The Latest Breaking News from Auto Parts

While the Fed’s aggressive monetary policy has impacted the demand for new cars, the rapidly growing EV and used car market should enhance the growth of the auto parts industry. Hence, fundamentally strong auto parts stocks O’Reilly Automotive (ORLY), Bridgestone (BRDCY), and Garrett Motion (GTX) might be ideal additions to…

The auto parts industry witnessed a slowdown due to supply chain issues and a halt in automobile production. However, increasing consumer interest in advanced auto technologies should help the auto parts market grow. While investors could consider adding auto parts stock O’Reilly Automotive (ORLY) to their portfolios, Aeva Technologies (AEVA)…

Although logistic disruptions and lingering macro issues might harm the auto parts industry in the short run, the industry’s long-term prospects look bright amid rapid technological advancement in automobiles and lucrative government initiatives. While quality auto parts stocks O'Reilly Automotive (ORLY), AutoZone (AZO), and Goodyear Tire & Rubber (GT) could…

Despite the continued semiconductor chip shortage and high-interest rates for auto loans, the auto parts industry is expected to grow significantly this year, driven by solid demand amid an increasing shift toward electric vehicles, rising demand for OEMs, and digital advancements. Given this backdrop, it could be wise to buy…

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…

AutoZone stock is showing relative price strength as the auto parts retailer manages to combat cost inflation.

Although supply chain issues are a concern, growing consumer awareness about the maintenance and installation of new accessories and prominent technological advancements provide ample opportunities for the auto parts industry growth. Therefore, we believe quality auto parts stocks AutoZone (AZO), Advance Auto Parts (AAP), and O'Reilly Automotive (ORLY) could be…

The easing of supply chain disruptions and growing demand is expected to propel new car production, boosting the auto parts manufacturers’ prospects. Both O'Reilly Automotive (ORLY) and Advance Auto Parts (AAP) are expected to benefit from the industry tailwinds. But which of these stocks is a better buy now? Read…