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    SEC Form SC 13D/A filed by Garrett Motion Inc. (Amendment)

    12/14/23 4:33:29 PM ET
    $GTX
    Auto Parts:O.E.M.
    Consumer Discretionary
    Get the next $GTX alert in real time by email
    SC 13D/A 1 ff2824617_13da4-garrett.htm

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    SCHEDULE 13D
    Under the Securities Exchange Act of 1934
    (Amendment No. 4)*
    Garrett Motion Inc.
    (Name of Issuer)
    Common Stock, $0.001 par value per share
    (Title of Class of Securities)
    366505105
    (CUSIP Number)
    Susanne V. Clark
    Senior Managing Director, General Counsel and Chief Sustainability Officer
    c/o Centerbridge Partners, L.P.
    375 Park Avenue, 11th Floor
    New York, New York 10152
    (212) 672-5000
    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
    December 13, 2023
    (Date of Event Which Requires Filing of This Statement)
    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.



    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


    Page 1 of 12


    CUSIP No. 366505105
    Schedule 13D
    Page 2 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Centerbridge Credit Partners Master, L.P.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Cayman Islands
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    11,287,784
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    11,287,784
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    11,287,784
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    4.66% (1)
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    PN
     
     
     
     

    (1) All calculations of percentage ownership herein are based on a total of 242,419,764 shares of Common Stock issued and outstanding on October 18, 2023, as reported by Garrett Motion Inc. in a Form 10-Q filed on October 24, 2023, which reflects a decrease in the number of shares of the Issuer’s Common Stock outstanding since the Reporting Persons filed Amendment No. 3 to the Original Schedule 13D.



    CUSIP No. 366505105
    Schedule 13D
    Page 3 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Centerbridge Credit Partners Offshore General Partner, L.P.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    11,287,784
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    11,287,784
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    11,287,784
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    4.66%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    PN
     
     
     
     





    CUSIP No. 366505105
    Schedule 13D
    Page 4 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Centerbridge Credit Cayman GP, Ltd.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Cayman Islands
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    11,287,784
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    11,287,784
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    11,287,784
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    4.66%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     





    CUSIP No. 366505105
    Schedule 13D
    Page 5 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Centerbridge Credit GP Investors, L.L.C.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    11,287,784
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    11,287,784
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    11,287,784
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    4.66%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     





    CUSIP No. 366505105
    Schedule 13D
    Page 6 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Centerbridge Special Credit Partners III-Flex, L.P.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    28,527,706
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    28,527,706
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    28,527,706
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    11.77%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    PN
     
     
     
     





    CUSIP No. 366505105
    Schedule 13D
    Page 7 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Centerbridge Special Credit Partners General Partner III, L.P.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Delaware
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    28,527,706
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    28,527,706
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    28,527,706
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    11.77%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    PN
     
     
     
     





    CUSIP No. 366505105
    Schedule 13D
    Page 8 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    CSCP III Cayman GP Ltd.
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    Cayman Islands
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    28,527,706
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    28,527,706
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    28,527,706
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    11.77%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     





    CUSIP No. 366505105
    Schedule 13D
    Page 9 of 12

    1
    NAMES OF REPORTING PERSONS
     
     
    Jeffrey H. Aronson
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)
    ☐
     
    (b)
    ☒
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    OO
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
    ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    United States
     
     
     
     
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
    7
    SOLE VOTING POWER
     
     
    None
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    39,815,490
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    None
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    39,815,490
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    39,815,490
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
    ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    16.42%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    IN
     
     
     
     



    Page 10 of 12

    This amendment (this “Amendment No. 4”) amends the Schedule 13D filed by the Reporting Persons on May 13, 2021 (the “Original Schedule 13D”, as amended by that certain Amendment No. 1 filed by the Reporting Persons on April 14, 2023, the “Schedule 13D Amendment No. 1”, as further amended by that certain Amendment No. 2 filed by the Reporting Persons on June 7, 2023, the “Schedule 13D Amendment No. 2”, as further amended by that certain Amendment No. 3 filed by the Reporting Persons on June 14, 2023, the “Schedule 13D Amendment No. 3, and, as further amended by this Amendment No. 4, the “Schedule 13D”). Capitalized terms used herein but not defined herein shall have the respective meanings defined in the Original Schedule 13D, the Schedule 13D Amendment No. 1, the Schedule 13D Amendment No. 2, or the Schedule 13D Amendment No. 3, as applicable. The Schedule 13D is amended hereby only as specifically set forth herein, provided that with respect to any Item amended herein, if such Item is incorporated by reference into any other Item in the Schedule 13D as previously amended, such incorporation by reference is also amended hereby.

    Item 5. Interest in Securities of the Issuer.

    Item 5 is hereby amended and restated to read as follows:

    (a) and (b).

    The information required by Items 5(a) – (b) is set forth in rows 7 – 13 of the cover page for each of the Reporting Persons and is incorporated herein by reference.

    (c).

    Between December 11 and December 13, 2023, the Reporting Persons sold shares of Common Stock as set forth in the table below.

    Transaction Date
    Seller
    Shares Sold
    Price Per Share
    Type of Transaction
    December 11, 2023
    Credit Partners Master
    120,639
    $8.2411
    Open Market (Nasdaq)
    December 11, 2023
    SC III-Flex
    579,361
    $8.2411
    Open Market (Nasdaq)
    December 12, 2023
    Credit Partners Master
    137,873
    $8.3716
    Open Market (Nasdaq)
    December 12, 2023
    SC III-Flex
    662,127
    $8.3716
    Open Market (Nasdaq)
    December 13, 2023
    Credit Partners Master
    172,341
    $8.2850
    Open Market (Nasdaq)
    December 13, 2023
    Credit Partners Master
    2,525
    $8.3103
    Open Market (Nasdaq)
    December 13, 2023
    SC III-Flex
    827,659
    $8.2850
    Open Market (Nasdaq)
    December 13, 2023
    SC III-Flex
    12,126
    $8.3103
    Open Market (Nasdaq)






    Page 11 of 12

    SIGNATURES
    After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
    DATED: December 14, 2023
     
    CENTERBRIDGE CREDIT PARTNERS MASTER, L.P.  
     
     
     
     
     
    By:
    Centerbridge Credit Partners Offshore General Partner, L.P., its general partner 
     
    By: Centerbridge Credit Cayman GP, Ltd., its general partner 
     
    By: Centerbridge Credit GP Investors, L.L.C., its director 
     
     
     
     
     
    /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     
     
     
     
     
     
     
     
     
    CENTERBRIDGE CREDIT PARTNERS OFFSHORE GENERAL PARTNER, L.P.
           
      By:
    Centerbridge Credit Cayman GP, Ltd., its general partner
     
      By:
    Centerbridge Credit GP Investors, L.L.C., its director
     
           
      /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     
           
           
     
    CENTERBRIDGE CREDIT CAYMAN GP, LTD.
      By:
    Centerbridge Credit GP Investors, L.L.C., its director
     
           
      /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     
           
           
     
    CENTERBRIDGE CREDIT GP INVESTORS, L.L.C.
           
      /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     



    Page 12 of 12

     
    CENTERBRIDGE SPECIAL CREDIT PARTNERS III-FLEX, L.P.
     
     
     
     
     
     
    By:
    Centerbridge Special Credit Partners General Partner III, L.P., its general partner
     
    By:
    CSCP III Cayman GP Ltd., its general partner
     
     
     
     
     
    /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     
     
     
     
     
     
     
     
     
    CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER III, L.P.
     

     
      By:
    CSCP III Cayman GP Ltd., its general partner
     
     

     
      /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     
     

     
     

     
     
    CSCP III CAYMAN GP LTD.
     

     
      /s/ Susanne V. Clark  
     
    Name: Susanne V. Clark
    Title: Authorized Signatory
     
     
       
     
       
     
    JEFFREY H. ARONSON
     
       
     
    /s/ Jeffrey H. Aronson
     











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      First public showcase in China of 3-in-1 E-Powertrain and E-Cooling Compressor technologies, advancing zero-emission vehicle performanceDifferentiated turbocharging solutions for passenger and commercial vehicles, supporting emissions reduction and efficiencyHybrid-optimized boosting solutions to maximize fuel economy in PHEV and REEV applications ROLLE, Switzerland and PLYMOUTH, Mich., April 22, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading differentiated automotive technology provider, is presenting its latest innovations at Auto Shanghai 2025 (April 23–May 2), including the China debut of its 3-in-1 E-Powertrain and E-Cooling Compressor—two breakthrough technolog

      4/22/25 7:29:59 AM ET
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      Auto Parts:O.E.M.
      Consumer Discretionary

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    • Paul A. Camuti Appointed to Board of Directors of Garrett Motion Inc.

      ROLLE, Switzerland, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX) (the "Company"), a leading differentiated automotive technology provider, today announced the appointment of Paul A. Camuti to its Board of Directors. Mr. Camuti brings over 30 years of experience in innovation and technology, with a significant focus on the industrial sector. Since 2020, he has served as Executive Vice President, Chief Technology and Sustainability Officer of Trane Technologies, overseeing the company's technical strategy, innovation practices, and sustainability efforts. Prior to Trane Technologies, a spin-off from Ingersoll Rand, Mr. Camuti held several senior executive positions of

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    • Lordstown Motors Appoints Daniel A. Ninivaggi as Chief Executive Officer

      LORDSTOWN, Ohio, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corporation (NASDAQ:RIDE), ("Lordstown Motors"), a leader in electric light-duty trucks focused on the commercial fleet market, announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately. Ninivaggi is the former CEO of Icahn Enterprises L.P. (NASDAQ:IEP), a diversified holding company controlled by Carl C. Icahn, and has served in a variety of senior leadership positions in the automotive and transportation industries. He began his automotive career at Lear Corporation, ultimately serving as Executive Vice President, where he was responsible

      8/26/21 7:00:00 AM ET
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    • Amendment: SEC Form SC 13D/A filed by Garrett Motion Inc.

      SC 13D/A - Garrett Motion Inc. (0001735707) (Subject)

      12/17/24 4:30:36 PM ET
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    • Amendment: SEC Form SC 13G/A filed by Garrett Motion Inc.

      SC 13G/A - Garrett Motion Inc. (0001735707) (Subject)

      11/14/24 4:09:43 PM ET
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    • Amendment: SEC Form SC 13D/A filed by Garrett Motion Inc.

      SC 13D/A - Garrett Motion Inc. (0001735707) (Subject)

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    • Garrett Motion Reports First Quarter 2025 Financial Results; Wins First Major Series Production Award For Electric Motors

      First Quarter 2025 Financial Highlights Net sales totaled $878 million, down 4% on a reported basis and down 2% on a constant currency* basisNet income totaled $62 million; Net income margin of 7.1%Adjusted EBIT* totaled $131 million; Adjusted EBIT margin* of 14.9%Net cash provided by operating activities totaled $56 millionAdjusted free cash flow* totaled $36 millionReiterating full-year outlook First Quarter 2025 Business Highlights Continue to win across all turbo, plug-in hybrids and range extended electric vehicle applications Secured new wins in Asia and Europe for commercial vehicles and industrial power generation applications Won first major series production award fo

      5/1/25 6:55:00 AM ET
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    • Garrett Motion to Hold First Quarter 2025 Financial Results Conference Call on Thursday May 01, 2025

      PLYMOUTH, Mich. and ROLLE, Switzerland, April 16, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a leading provider of differentiated automotive technology, today announced that it plans to release its first quarter financial results on Thursday, May 01, 2025, prior to the opening of the market trading in the United States. Garrett will host a conference call that same day at 8:30 am EDT / 2:30 pm CET. To participate in the conference call, please dial +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) and use the passcode 2829687. The conference call will also be webcast and will include a slide presentation. To access the webcast and supporting materials, please

      4/16/25 7:30:00 AM ET
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    • Garrett Motion Delivers Strong 2024 Financial Performance, Issues 2025 Outlook

      Fourth Quarter 2024 Financial Highlights Net sales totaled $844 million, down 11% on a reported basis, down 10% at constant currency*Net income totaled $100 million; Net income margin 11.8%Adjusted EBITDA* totaled $153 million; Adjusted EBITDA margin* of 18.1%Net cash provided by operating activities totaled $131 millionAdjusted free cash flow* totaled $157 million Full Year 2024 Financial Highlights Net sales totaled $3,475 million, down 11% on a reported basis, down 10% at constant currency*Net income totaled $282 million; Net income margin 8.1%Adjusted EBITDA* totaled $598 millio

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    • Large owner Cyrus Capital Partners, L.P. sold $1,743,099 worth of shares (155,000 units at $11.25) (SEC Form 4)

      4 - Garrett Motion Inc. (0001735707) (Issuer)

      5/7/25 4:18:22 PM ET
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    • Large owner Cyrus Capital Partners, L.P. sold $1,000,290 worth of shares (100,000 units at $10.00) (SEC Form 4)

      4 - Garrett Motion Inc. (0001735707) (Issuer)

      5/5/25 4:15:41 PM ET
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    • SVP & Chief Human Res. Officer Spenninck Fabrice covered exercise/tax liability with 5,377 shares, decreasing direct ownership by 3% to 151,464 units (SEC Form 4)

      4 - Garrett Motion Inc. (0001735707) (Issuer)

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    • BWS Financial initiated coverage on Garrett Motion with a new price target

      BWS Financial initiated coverage of Garrett Motion with a rating of Buy and set a new price target of $15.00

      6/3/21 9:25:16 AM ET
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    • SEC Form 10-Q filed by Garrett Motion Inc.

      10-Q - Garrett Motion Inc. (0001735707) (Filer)

      5/1/25 7:08:12 AM ET
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    • Garrett Motion Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Garrett Motion Inc. (0001735707) (Filer)

      5/1/25 7:02:25 AM ET
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    • SEC Form DEFA14A filed by Garrett Motion Inc.

      DEFA14A - Garrett Motion Inc. (0001735707) (Filer)

      4/9/25 8:39:22 AM ET
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