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Garrett Motion Announces Long-Term Capital Allocation Framework, Including New Quarterly Dividend and $250M Share Repurchase Program for 2025

ROLLE, Switzerland and PLYMOUTH, Mich., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company") , a leading differentiated automotive technology provider, today announced the adoption of a long-term capital allocation framework, under which the Company will

December 5, 2024

Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Outlook

Third Quarter 2024 Financial Highlights Net sales totaled $826 million, down 14% on a reported and constant currency* basis Net income totaled $52 million; Net income margin of 6.3% Adjusted EBITDA* totaled $144 million; Adjusted EBITDA margin* of 17.4% Net cash provided by operating activities

October 24, 2024

A pioneer move for Electric Commercial Vehicles: Garrett and SinoTruk sign Letter of Intent to bring leading high-speed electrified powertrain to E-trucks

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NYSE: GTX) and China National Heavy Duty Truck Group Co., Ltd. (SinoTruk) signed a Letter of Intent (LoI) to enhance cooperation in advanced technologies for electric commercial vehicles, aiming to

October 17, 2024

Garrett expands its innovation footprint with new zero-emission R&D center in Wuhan, China

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ: GTX), a global leader in automotive technology, announced today the establishment of a new zero-emission innovation center in Wuhan, China. Garrett Wuhan Plant Building on its extensive and proven

October 9, 2024

Garrett Motion to Hold Third Quarter 2024 Financial Results Conference Call on Thursday October 24, 2024

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated automotive technology provider, today announced it plans to issue financial results for the third quarter 2024 on Thursday, October 24, 2024, before the open of

October 7, 2024

Garrett’s Differentiated Zero-Emission Technologies Win the 2024 Stellantis Innovation Award

September 26, 2024 – Rolle, Switzerland / Plymouth, Mich. – Garrett Motion Inc. (Nasdaq: GTX), a differentiated global technology leader in the automotive industry, has been honored as a Supplier of the Year by Stellantis, earning the 2024 Innovation Award at the fourth annual Stellantis global supplier awards, which recognized 21 suppliers.

September 26, 2024

Garrett Motion Reports Second Quarter 2024 Financial Results; Updates Full Year 2024 Outlook

Second Quarter 2024 Highlights Net sales totaled $890 million, down 12% on a reported basis and down 10% at constant currency* Net income totaled $64 million; Net income margin of 7.2% Adjusted EBITDA* totaled $150 million; Adjusted EBITDA margin* of 16.9% Net cash provided by operating activities

July 25, 2024

Garrett Motion to Hold Second Quarter 2024 Financial Results Conference Call on Thursday July 25, 2024

ROLLE, Switzerland, July 11, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) , a leading differentiated automotive technology provider, today announced it plans to issue financial results for the second quarter 2024 on Thursday, July 25, 2024, before the open of market trading.

July 11, 2024

Garrett Motion Inc. Announces Upsizing and Pricing of Private Offering of $800 Million of Senior Notes Due 2032

ROLLE, Switzerland, May 07, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the “Company”) announced today that Garrett Motion Holdings Inc. and Garrett LX I S.à r.l., its wholly owned subsidiaries, have priced their previously announced offering (the “Offering”) and have agreed to

May 7, 2024

Garrett Motion Inc. Announces Proposed Private Offering of $500 Million of Senior Notes Due 2032

ROLLE, Switzerland, May 06, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) (the “Company”) announced today that Garrett Motion Holdings Inc. and Garrett LX I S.à r.l., its wholly owned subsidiaries, are planning, subject to market and other customary conditions, to offer (the

May 6, 2024

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