August 10, 2012 08:20 ET

Equity Research on Lear Corp. and American Axle & Manufacturing Holdings Inc. - Auto Parts Beat Expectations but Decline Versus Last Year

NEW YORK, NY--(Marketwire - Aug 10, 2012) - has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Auto Parts industry and are offering free analytical research on Lear Corporation (NYSE: LEA) and American Axle & Manufacturing Holdings Inc. (NYSE: AXL). Register with us now to have free access to these research reports. Simply click on the link below.

Companies in the auto parts industry seem to have faced considerable headwinds in the most recent quarter as weak production in Europe weighed on results. Nevertheless, many industry players were successful in beating Wall Street's expectations despite dropping below last year's results. U.S. auto sales seem to be a bright spot for the industry as in 2012 they are now expected to reach 14.2 million, their highest level since 2007. Get your free reports on Lear Corporation and American Axle & Manufacturing Holdings Inc. at There is no commitment to join. is the Ultimate Trading Environment for investors. If you are considering owning Lear Corporation and American Axle & Manufacturing Holdings Inc. then you should sign up for a free membership and our complimentary reports today. Over the last 5 years our returns outpaced any of the major indexes. Sign up today by clicking on the link below to find out what you are missing.

Producer of automotive seats and other components Lear Corporation announced a 19 percent year-over-year dip in its second quarter net income to $145 million. During the quarter, the company's sales rose 15 percent in North America and 10 percent in Asia, but declined 16 percent in Europe. Lear Corporation report is accessible for free by registering today at

Elsewhere in the industry, American Axle and Manufacturing Inc. posted a second quarter profit of $41.2 million, down 16 percent as compared to the same period a year ago. However, the company succeeded in growing sales by 8 percent in the quarter and has also made progress in diversifying its customer base, with non-GM sales increasing 8.5%. American Axle & Manufacturing Holdings Inc. report is accessible for free by registering today at

The two Auto Parts stocks research reports are available for free by signing up now on the link below.


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