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Stock impact report

Eaton Is Ready for the Next Stage in the Auto Industry [The Motley Fool]

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
Eaton Is Ready for the Next Stage in the Auto Industry Industrial giant Eaton is building for the future in the auto sector. Here's the exciting way it's doing it. Global industrial concern Eaton Corp ( NYSE:ETN ) has a history that dates back more than 100 years, to when it started making products for the then-new auto industry. It has changed a great deal over time, shifting to a focus on electronics and power management. That said, the vehicle industry still made up nearly 18% of the top line in 2018. It's still an important contributor to results, and Eaton appears to have no intention of getting out of the space. Rather, the company is looking to adjust as the industry shifts in a new direction. The biggest trend in the vehicle market is the shift toward electrification. You'd have to be hiding under a rock to have avoided hearing names like Tesla and Prius (the iconic electric car made by Toyota). But the truth is that every major automaker is looking to get into the electric s Show less Read more
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