Automotive Products Stocks List

Automotive Products Stocks Recent News

Date Stock Title
Jul 1 KR Kroger is tipped by Wells Fargo for a beat-and-raise quarter
Jul 1 UNP Union Pacific Corporation's (NYSE:UNP) Intrinsic Value Is Potentially 30% Above Its Share Price
Jul 1 AME AMETEK Appoints Keith J. Kowalski Vice President and General Manager, Advanced Motion Solutions (AMS) Division
Jul 1 OC Wall Street Just Turned Bullish on These 3 Hot Stocks. Should You Buy Them?
Jun 29 KR Fourth of July parties will cost almost $100 to host this year as consumers seek value
Jun 29 KR Jim Cramer Says Trump's Return To White House Could Be 'Good For Your Portfolio:' 'Hate Him Or Like Him'
Jun 29 KR Decoding The Kroger Co (KR): A Strategic SWOT Insight
Jun 28 UNP Union Pacific defeats racial discrimination lawsuit
Jun 28 KR Kroger (KR) Unveils 10% Dividend Hike: Key Insights to Know
Jun 28 AZO Why Is Advance Auto Parts (AAP) Down 6.4% Since Last Earnings Report?
Jun 28 AZO AutoZone (NYSE:AZO) Looks To Prolong Its Impressive Returns
Jun 28 KR Dividend Roundup: Kroger, AT&T, Pfizer, JPMorgan, and more
Jun 28 KR Kroger raises its dividend at a slower rate, rejects shareholder proposal to raise wages
Jun 27 AN CDK Global works to restore dealer software after hack, but the auto sales fallout still looms
Jun 27 OC Here's Why You Should Invest in Owens Corning (OC) Stock Now
Jun 27 KR Kroger raises quarterly dividend by 10%
Jun 27 KR The Kroger Co. (KR): Is This Ice Cream Stock a Strong Buy Right Now?
Jun 27 KR Kroger's Board of Directors Raises Quarterly Dividend by 10%
Jun 27 UNP Union Pacific Corporation Announces Second Quarter 2024 Earnings Release Date
Jun 27 WLK Westlake's subsidiary invests in Blackhorn Ventures
Automotive Products

Automotive Products, commonly abbreviated to AP, was an automotive industry components company set up in 1920 by Edward Boughton, Willie Emmott and Denis Brock, to import and sell American-made components to service the fleet of ex-military trucks left behind in Europe after World War I.
In 1928, they obtained a licence for the manufacture and sale of the Lockheed Hydraulic Braking System for the British Isles and Continental Europe, and in the following year they acquired a controlling interest in Zephyr Carburetors Limited which had premises in Clemens Street, Leamington Spa. A subsidiary company named the Lockheed Hydraulic Brake Company Ltd was formed and brake component manufacture began.
In 1931, the Borg & Beck Company Limited was set up to manufacture clutches under American patents from Borg & Beck in the USA. This allowed the company to sell British made Borg & Beck clutches in Great Britain, overseas British possessions and the British Empire (except Canada). The same year, the first block of a new purpose-built factory in Tachbrook Road was opened, extending by 1970 to some 70 acres.The company became the UK's leading manufacturer and supplier of clutches and braking, and was dominant in the market until the end of the 1970s.
AP also developed a close technical partnership with the British Motor Corporation (BMC), in the development of automatic transmissions. One of the most notable products of this collaboration was the unique AP automatic transmission used in the Mini and later BMC/BL compact models. The two companies jointly owned a plant in Kings Norton to produce the transmissions, and the matching variants of the A-series engines to go with them.
The business was bought by BBA (British Belting and Asbestos) in 1986, and sold on to a management consortium in 1995.
With the decline of the British Motor Industry, and increased competition from manufacturers in Europe, AP saw its sales shrink. The Leamington Spa site was gradually reduced, until the business was broken up, and its mainstream automotive division was sold in 2000 to Delphi Automotive Systems. The braking division, The Lockheed Hydraulic Braking Company, was sold to an Indian multi-national, who supplies brake systems under the name Caparo AP Braking. The brake division was bought by Raicam Industrie of Italy and moved to Redditch.
The Caparo company is unconnected with AP Racing, a competitor who specialised is high performance brake and clutch systems for motorsports applications. This company has since been purchased by Brembo S.p.A., but is still run as a separate entity.

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