Lear Corp, Asbury Automotive, Valvoline, and Aptiv show revenue growth in Q2, with focus on AI, robotics, electric vehicles, and used vehicles.

Lear Corporation (LEA) reported $6 billion in Q2 revenue, exceeding last year’s figures, as it integrates AI and robotics into its operations. Asbury Automotive Group (ABG) showed resilience amidst a ransomware attack, achieving record second-quarter revenue. Valvoline Inc. and Aptiv PLC also demonstrated growth, with Valvoline expanding its store network and Aptiv focusing on electric vehicles. The article highlights the automotive industry's shift towards used vehicles and electric models, particularly in the growing Chinese market.

September 14, 2024
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