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.

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Martinrea International Inc > Andrey Omelchak - BNN - DON'T BUY

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Comment by Odinsonon Sep 17, 2024 10:03am

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Post# 36227010

RE:RE:RE:Andrey Omelchak - BNN - DON'T BUY

The only thing needed for this play to fly would be for the transportation industry to come to its senses and start pricing vehicles with some sense of reality. The average working class / wage earner at one time could afford a new vehicle every few years but now ........ totally unaffordable.
Yes, the cost of manufacturing has gone up but both the manufacturer and the dealerships (some more appropriateley called stealerships) pricing vehicles far out of reach for normal people.

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