Garrett Motion Inc. GTX

Company Overview

Garrett Motion Inc. is a global automotive technology company specializing in advanced turbocharging and air management solutions for internal combustion, hybrid, and select electric vehicle applications. The company operates primarily within the automotive components and advanced propulsion systems industries, serving original equipment manufacturers (OEMs) and the automotive aftermarket. Its core products include turbochargers, electric boosting technologies, and related control software, which are used to improve engine efficiency, performance, and emissions compliance.

The company’s primary revenue drivers are sales of turbochargers and related systems to global light-vehicle, commercial vehicle, and industrial engine manufacturers, as well as replacement and performance parts sold through its aftermarket business. Garrett Motion is positioned as a technology leader in turbocharging, supported by long-standing customer relationships with major global automakers and a substantial installed base. The company traces its origins to Honeywell’s transportation systems business and became an independent public company in 2018 following a spin-off. After undergoing a financial restructuring related to legacy liabilities and capital structure challenges, Garrett Motion emerged from Chapter 11 bankruptcy in 2022 as a standalone, deleveraged entity.