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Johnson Controls profit soars as auto recovery lifts revenue, buys …

Automakers have ramped up auto production this year, with sales of new cars and trucks up 17 percent so far in 2010. Separately, Johnson Controls said it agreed to boost its stake to 90 percent in an existing South Korean joint venture … June 15th, 2010 Sector Snap: Morgan Stanley upgrades auto partsNEW YORK — Morgan Stanley raised its view of the auto industry Tuesday and upgraded Johnson Controls and TRW Automotive, saying it believes that margins in the sector will …

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Johnson Controls profit soars as auto recovery lifts revenue, buys …

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