Automotive Products Stocks List

Automotive Products Stocks Recent News

Date Stock Title
Jun 25 AN CDK Cyberattack Throws Auto Retailers Into Operational Chaos
Jun 25 KR Kroger: Our Takeaways From The Quarterly Earnings Report
Jun 25 KR Kroger Recognizes Zero Heroes Across the U.S.
Jun 25 KR Here's How Much Warren Buffett's Berkshire Hathaway Earns In Dividends From Its Stake In Kroger Stock
Jun 25 CASY Implied Volatility Surging for Casey's (CASY) Stock Options
Jun 25 CASY Casey's (CASY) Operational Efforts Help Widen the Spectrum
Jun 25 AZO Investors Heavily Search AutoZone, Inc. (AZO): Here is What You Need to Know
Jun 25 SXI STANDEX TO PRESENT AT CJS SECURITIES NEW IDEAS SUMMER CONFERENCE
Jun 25 AZO The Zacks Analyst Blog Highlights Winnebago, CarMax, AutoZone, Polestar and Stellantis
Jun 24 AN Cheat sheet: What you need to know about about the great car dealer software hack
Jun 24 ABG Asbury Automotive provides update on service impact on CDK cyber incident
Jun 24 ABG Asbury Automotive Group Provides Update on Service Impacts Related to the CDK Cyber Incident
Jun 24 AN Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
Jun 24 KR Independence Day is Red, White and Delicious at Kroger
Jun 24 AN Car Dealers Warn of Business Disruptions After Cyberattack at Systems Vendor CDK Global
Jun 24 OC Floor & Decor (FND) to Debut in Columbus With Warehouse Store
Jun 24 AN AutoNation, Other Car Dealers Hurt by CDK Cyberattack as Outage Persists
Jun 24 AZO Auto Roundup: WGO's Weak Q3 Show, AZO's Buyback Boost & More
Jun 24 CASY The Zacks Analyst Blog Highlights National Fuel Gas, KornFerry, Caterpillar, Target and Casey's
Jun 24 KR Micron To Rally Around 23%? Here Are 10 Top Analyst Forecasts For Monday
Automotive Products

Automotive Products, commonly abbreviated to AP, was an automotive industry components company set up in 1920 by Edward Boughton, Willie Emmott and Denis Brock, to import and sell American-made components to service the fleet of ex-military trucks left behind in Europe after World War I.
In 1928, they obtained a licence for the manufacture and sale of the Lockheed Hydraulic Braking System for the British Isles and Continental Europe, and in the following year they acquired a controlling interest in Zephyr Carburetors Limited which had premises in Clemens Street, Leamington Spa. A subsidiary company named the Lockheed Hydraulic Brake Company Ltd was formed and brake component manufacture began.
In 1931, the Borg & Beck Company Limited was set up to manufacture clutches under American patents from Borg & Beck in the USA. This allowed the company to sell British made Borg & Beck clutches in Great Britain, overseas British possessions and the British Empire (except Canada). The same year, the first block of a new purpose-built factory in Tachbrook Road was opened, extending by 1970 to some 70 acres.The company became the UK's leading manufacturer and supplier of clutches and braking, and was dominant in the market until the end of the 1970s.
AP also developed a close technical partnership with the British Motor Corporation (BMC), in the development of automatic transmissions. One of the most notable products of this collaboration was the unique AP automatic transmission used in the Mini and later BMC/BL compact models. The two companies jointly owned a plant in Kings Norton to produce the transmissions, and the matching variants of the A-series engines to go with them.
The business was bought by BBA (British Belting and Asbestos) in 1986, and sold on to a management consortium in 1995.
With the decline of the British Motor Industry, and increased competition from manufacturers in Europe, AP saw its sales shrink. The Leamington Spa site was gradually reduced, until the business was broken up, and its mainstream automotive division was sold in 2000 to Delphi Automotive Systems. The braking division, The Lockheed Hydraulic Braking Company, was sold to an Indian multi-national, who supplies brake systems under the name Caparo AP Braking. The brake division was bought by Raicam Industrie of Italy and moved to Redditch.
The Caparo company is unconnected with AP Racing, a competitor who specialised is high performance brake and clutch systems for motorsports applications. This company has since been purchased by Brembo S.p.A., but is still run as a separate entity.

Browse All Tags