Auto parts maker Tenneco Automotive has reported stronger-than-expected quarterly earnings as it boosted sales and controlled costs.
According to Reuters, the maker of shock absorbers and mufflers reported net income of $US30 million, or 69 cents a share, up from $24 million, or 58 cents a share, in the year-earlier period.
Before one-off items, earnings rose to $31 million, from $20 million a year before, the report added.
Sales rose to a record $1.11 billion from $998 million as Tenneco credited higher volumes to new vehicle production, strengthening aftermarket sales in North and South America and the impact of the weaker US dollar, Reuters added.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData