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Autoliv beats on prospects for global auto recovery–but I think you’ve got better stocks to play this trend

Autoliv beats on prospects for global auto recovery–but I think you’ve got better stocks to play this trend

Autoliv (ALV) reported third quarter earnings per share of either $1.48 (non-GAAP) or $1.12 (GAAP). (GAAP is generally accepted accounting principles.)  That consensus was $1.09 a share on Wall Street. Revenue of $2.04 billion was in line with expectations and up 0.5%...
China car sales gain for fourth straight month

China car sales gain for fourth straight month

Preliminary figures for July show vehicle sales in China advancing for a fourth straight month as buyers gradually return to auto showrooms. The figures are good news for China’s economy as a whole, which looks to have returned to growth–very modest...