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Auto names soar after trade talks set

Sep. 05, 2019 11:32 AM ETTTM, GM, ALV, BWA, MOD, CMI, GT, AXL, TEN, DAN, KNDI, CPS, DLPH, ADNT, APTV, VNE, NIO, STLABy: Clark Schultz, SA News Editor6 Comments
  • Automobile-related stocks roar higher after the U.S. and China agree to hold high-level trade talks in Washington early next month, with some reports indicating real progress could be made.
  • Notable gainers include Adient (ADNT +13.6%), Tenneco (TEN +12.4%), American Axle & Manufacturing (AXL +10.8%), Tata Motors (TTM +8.7%), Delphi Technologies (DLPH +9.5%), Dana (DAN +7.4%), Cooper-Standard Holdings (CPS +7.7%), Modine Manufacturing (MOD +6%), Goodyear Tire & Rubber (GT +6.6%), Cooper Tire & Rubber (CTB +5.8%), Autoliv (ALV +6.6%), Nio (NIO +5.8%), Kandi Technologies (KNDI +3.8%), General Motors (GM +3.6%), Fiat Chrysler Automobiles (FCAU +2.3%), BorgWarner (BWA +6.1%), Meritor (MTOR +6.1%), Aptiv (APTV +4%) and Veoneer (VNE +6.8%).

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