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Cooper-Standard Holdings - CPS STOCK NEWS

Welcome to our dedicated page for Cooper-Standard Holdings news (Ticker: CPS), a resource for investors and traders seeking the latest updates and insights on Cooper-Standard Holdings stock.

Overview of Cooper-Standard Holdings Inc. (NYSE: CPS)

Cooper-Standard Holdings Inc., headquartered in Northville, Michigan, is a leading global supplier of sealing systems and fluid handling systems for the automotive industry. With a robust presence in over 20 countries, the company leverages its expertise in materials science and advanced manufacturing to deliver innovative and sustainable engineered solutions. Its primary customers include automotive original equipment manufacturers (OEMs) and the replacement market, underscoring its critical role in the global automotive supply chain.

Core Business Segments

Cooper-Standard operates through two primary business segments:

  • Sealing Systems: These products are designed to enhance vehicle performance by providing superior sealing solutions for doors, windows, and other vehicle components. They contribute to noise reduction, thermal insulation, and overall vehicle durability.
  • Fluid Handling Systems: This segment encompasses fuel and brake delivery systems, as well as fluid transfer systems. These products are integral to vehicle safety and efficiency, particularly in the context of evolving thermal management needs for electric and hybrid vehicles.

Innovation and Competitive Edge

Cooper-Standard is distinguished by its commitment to innovation and engineering excellence. The company has been at the forefront of developing lightweight materials and advanced thermoplastic solutions, which are increasingly critical in the transition to electric vehicles (EVs). For example, its proprietary eCoFlow™ product line simplifies fluid handling systems, improving efficiency and reducing vehicle weight—key factors in enhancing EV range and reducing costs. This focus on innovation enables Cooper-Standard to remain competitive in a rapidly evolving industry.

Global Reach and Market Relevance

With operations spanning North America, Europe, Asia Pacific, and South America, Cooper-Standard has established itself as a truly global entity. Its diverse geographic footprint allows it to serve a wide range of automotive OEMs, catering to both traditional internal combustion engine (ICE) vehicles and the growing market for hybrid and battery electric vehicles (BEVs). This adaptability positions the company as a vital partner for automakers navigating the industry's shift toward electrification.

Operational Excellence

Cooper-Standard's success is underpinned by its unwavering commitment to operational efficiency and process standardization. The company employs lean manufacturing principles and leverages vertical integration to optimize its production processes. These initiatives not only enhance product quality and reliability but also enable the company to mitigate cost pressures and maintain competitive pricing.

Challenges and Industry Dynamics

Like many in the automotive supply chain, Cooper-Standard faces challenges such as inflationary pressures, foreign exchange volatility, and fluctuations in global vehicle production volumes. However, its strategic focus on cost optimization and its ability to secure new business awards on hybrid and electric vehicle platforms demonstrate its resilience and adaptability in a competitive landscape.

Conclusion

Cooper-Standard Holdings Inc. is a cornerstone of the global automotive industry, delivering critical systems that enhance vehicle performance, safety, and efficiency. Through its focus on innovation, operational excellence, and customer-centric solutions, the company continues to adapt to the evolving demands of the market, particularly in the context of electrification and sustainability. With a strong engineering foundation and a global footprint, Cooper-Standard is well-positioned to support the transportation industry's ongoing transformation.

Rhea-AI Summary

Cooper Standard (CPS) has been named a General Motors 2023 Supplier of the Year, marking the seventh consecutive time the company has received this recognition. GM's award highlights suppliers exceeding requirements, providing innovative technologies, and ensuring the highest quality in the automotive sector. Cooper Standard's dedication to innovation, sustainability, and quality has been acknowledged by GM, showcasing the company's commitment to meeting the evolving needs of the mobility industry.

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Cooper Standard Holdings Inc. (NYSE: CPS) is set to release its first-quarter 2024 financial results on May 6, 2024, after the market closes. A management conference call will be held on May 7, 2024, at 9 a.m. ET, where Chairman and CEO Jeffrey Edwards and CFO Jonathan Banas will discuss the results and provide a business update. Investors can access the call via webcast or phone.
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Cooper Standard (CPS) is addressing the evolving thermal management needs of the automotive industry by presenting innovative solutions at the SPE's Plastics in Electric & Autonomous Vehicles Conference. Dr. Brian J. Cardwell will discuss how Cooper Standard's eCoFlow™ products improve electric vehicle range and reduce battery costs.
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Cooper-Standard Holdings Inc. (CPS) reported positive financial results for Q4 and FY 2023, with increased sales and gross profit. Despite a net loss, improvements were seen in adjusted EBITDA and operating cash flow. The company aims to continue its success in 2024.
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Cooper Standard (CPS) appoints Alison Nudd as vice president, chief accounting officer, replacing Amy Kulikowski. Nudd brings extensive experience in financial reporting and accounting, having held key roles in various companies. She will lead the accounting function, SEC reporting, and financial systems at Cooper Standard.
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Cooper-Standard Holdings Inc. (NYSE: CPS) is set to release its financial results for Q4 and full year 2023 on Feb. 15. The company will host a conference call on Feb. 16 to discuss the results, provide a business update, and address investor questions. The call will be accessible via webcast or phone, with a replay available on the company's website afterward.
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Cooper Standard (CPS) announces an expanded partnership with NIKE, Inc. to license its Fortrex material platform for footwear applications. The agreement provides NIKE with limited exclusivity to use the material for footwear and develop new applications for additional product lines. The Fortrex material offers high elasticity, improved quality, durability, weight savings, and sustainability, with a significant reduction in product lifecycle carbon footprint. This partnership has the potential to make a significant impact for companies looking for sustainable material solutions.
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Cooper Standard (NYSE: CPS) has been named to Newsweek's list of America's Most Responsible Companies 2024 for the fifth consecutive year. The company's commitment to sustainability and ESG efforts has been recognized through a holistic view of corporate responsibility, focusing on environmental, social, and corporate governance pillars. Cooper Standard's unwavering commitment to core values and sustainable solutions has positioned the company for long-term success in the markets it serves.
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Cooper Standard (CPS) Senior Vice President and CIO, Soma Venkat, Ph.D., receives 2023 Michigan ORBIE Award for global leadership in technology. Venkat shapes and executes the Company's IT strategy on a global scale, driving digital transformation and ensuring alignment with business objectives.
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Cooper Standard has been recognized as a finalist for the 2023 Society of Plastics Engineers Automotive Innovation Award for its FlushSeal™ System found on several NIO models. The system enables flush glass while maintaining the performance of a traditional door and the aesthetics of a frameless door. It will be in production on six new battery electric vehicles by 2024.
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FAQ

What is the current stock price of Cooper-Standard Holdings (CPS)?

The current stock price of Cooper-Standard Holdings (CPS) is $12.18 as of April 17, 2025.

What is the market cap of Cooper-Standard Holdings (CPS)?

The market cap of Cooper-Standard Holdings (CPS) is approximately 217.1M.

What does Cooper-Standard Holdings Inc. do?

Cooper-Standard is a global supplier specializing in sealing and fluid handling systems for automotive OEMs and the replacement market.

What are Cooper-Standard's primary business segments?

The company operates in two segments: Sealing Systems and Fluid Handling Systems, catering to vehicle performance and safety needs.

How does Cooper-Standard support the electric vehicle market?

Cooper-Standard develops lightweight and thermoplastic solutions, such as its eCoFlow™ product line, to enhance EV thermal management and efficiency.

Who are Cooper-Standard's main customers?

Its primary customers are automotive original equipment manufacturers (OEMs) and the replacement market.

What geographic regions does Cooper-Standard operate in?

The company has a global presence, with operations in North America, Europe, Asia Pacific, and South America.

What challenges does Cooper-Standard face?

The company faces challenges such as inflationary pressures, foreign exchange volatility, and fluctuations in global vehicle production volumes.

How does Cooper-Standard maintain operational excellence?

The company employs lean manufacturing principles and process standardization to optimize efficiency, quality, and cost management.

What role does innovation play at Cooper-Standard?

Innovation is central to Cooper-Standard's strategy, with a focus on developing advanced materials and solutions to meet evolving automotive demands.

What is the significance of Cooper-Standard's eCoFlow™ product line?

The eCoFlow™ line simplifies fluid handling systems for EVs, improving efficiency, reducing weight, and enhancing vehicle range.

How does Cooper-Standard contribute to vehicle sustainability?

The company develops lightweight materials and thermoplastic solutions that improve vehicle efficiency and reduce environmental impact.
Cooper-Standard Holdings

NYSE:CPS

CPS Rankings

CPS Stock Data

217.07M
16.72M
4.57%
63.91%
6.34%
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Motor Vehicle Parts & Accessories
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