Automotive Products Stocks List

Automotive Products Stocks Recent News

Date Stock Title
May 4 LSTR 10 Best Trucking Stocks to Buy
May 3 NSC Update: Norfolk Southern Shareholder Ancora Discloses Letter From Proposed CEO Barber Suggesting Savings Plan
May 3 AME AMETEK, Inc. (NYSE:AME) Q1 2024 Earnings Call Transcript
May 3 NSC Jim Barber, Former UPS COO and Member of Ancora’s Slate, Sends Letter to Norfolk Southern Shareholders Ahead of May 9th Annual Meeting
May 3 AME AMETEK First Quarter 2024 Earnings: Misses Expectations
May 3 NSC All Three Leading Independent Proxy Advisory Firms Recommend Norfolk Southern Shareholders Vote "FOR" Significant Boardroom Change on the BLUE Proxy Card
May 3 THRM Gentherm Incorporated Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 3 LSTR Here's What We Like About Landstar System's (NASDAQ:LSTR) Upcoming Dividend
May 3 AME AMETEK Inc (AME) (Q1 2024) Earnings Call Transcript Highlights: Strong Growth and Record Performance
May 3 AZO Former AutoZone CEO Bought Up Regions Financial Stock
May 3 AME Q1 2024 AMETEK Inc Earnings Call
May 2 NSC Third proxy advisory firm urges Norfolk Southern investors to elect Ancora directors
May 2 NSC Egan Jones recommends Ancora's board nominees in Norfolk Southern proxy fight
May 2 NSC General Chairmen of the Brotherhood of Locomotive Engineers and Trainmen, Representing Members at Norfolk Southern, Address CEO Alan Shaw’s "Unfounded and Desperate" Attacks on Labor Discussions
May 2 AME AMETEK, Inc. (AME) Q1 2024 Earnings Call Transcript
May 2 THRM Gentherm Incorporated (NASDAQ:THRM) Q1 2024 Earnings Call Transcript
May 2 AME AMETEK Inc. Posts Record Q1 Results and Exceeds Analyst Earnings Projections
May 2 AME AMETEK (AME) Q1 Earnings Surpass Estimates, Sales Rise Y/Y
May 2 AME Wolfspeed (WOLF) Reports Loss in Q3 Earnings, Revenues Up Y/Y
May 2 AME FormFactor (FORM) Q1 Earnings Lag Estimates, Revenues Rise
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.

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