Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.

TSX:MRE - Post by User

Martinrea International Inc

Bullboard Posts

Post by Tripper1966on Jul 24, 2017 8:19pm

168 Views

Post# 26503801

vehicles sales down and new car inventory on lots increasing

New car lots are full of inventory and apparently used car lots are filling up too.

I'd stay away from the autoparts right now.

https://www.usnews.com/news/national-news/articles/2017-07-03/auto-sales-down-in-june-as-2017-weakness-continues

Bullboard Posts

Changing Europe’s dependency on HREE from China