Welcome to our dedicated page for Garrett Motion news (Ticker: GTX), a resource for investors and traders seeking the latest updates and insights on Garrett Motion stock.
Garrett Motion Inc. (NASDAQ: GTX) is a global leader in automotive technology, providing innovative solutions that enable vehicles to become cleaner, more efficient, and connected. With over 65 years of industry experience, Garrett specializes in engineered turbocharging and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs). The company offers a diverse range of products, including gas and diesel turbochargers, electric propulsion systems, fuel cell technologies, and automotive software solutions.
Garrett's cutting-edge technology supports the transportation industry in achieving reduced emissions and improved fuel efficiency. The company's offerings span various powertrains, including gasoline, diesel, natural gas, and electrified systems. Garrett also caters to the aftermarket segment through its extensive distribution network, ensuring that its high-quality technologies are accessible worldwide. Europe remains a significant market for the company, contributing the highest geographical revenue share.
Recent achievements highlight Garrett's commitment to sustainability and innovation. The company recently published a white paper examining the CO2 emissions of battery electric vehicles (BEVs) compared to hybrid vehicles over their lifecycle. According to the study, hybrid vehicles with smaller batteries may offer lower emissions than BEVs in specific use cases, advocating for a mix of technologies to achieve the best environmental outcomes.
Additionally, Garrett Motion launched Garrett Marketplace, an advanced e-commerce platform catering to performance and racing enthusiasts. This online store provides direct access to Garrett's renowned turbochargers and performance parts, fulfilling the desires of motorsport aficionados and hobbyists alike.
Garrett operates through five R&D centers and 13 manufacturing sites, employing approximately 9,300 people across more than 20 countries. Its mission is to drive forward the future of transportation with unique, differentiated innovations. As the automotive industry evolves, Garrett continues to be a trusted partner for OEMs and consumers, offering state-of-the-art technologies that redefine motion.
FAQ
What is the current stock price of Garrett Motion (GTX)?
What is the market cap of Garrett Motion (GTX)?
What does Garrett Motion Inc. specialize in?
Where does Garrett Motion derive most of its revenue?
What recent study has Garrett Motion published?
What is Garrett Marketplace?
How does Garrett Motion contribute to reducing vehicle emissions?
How long has Garrett Motion been in the automotive industry?
How extensive is Garrett Motion's global presence?
What is Garrett Motion's mission?
What types of vehicles benefit from Garrett's technologies?
Does Garrett Motion provide aftermarket solutions?
