News Summary
Cooper-Standard Holdings Inc. reported a second quarter loss of $1.4 million as it continues to face challenges in the evolving auto parts market. Despite this, adjusted earnings showed a slight recovery with earnings of 6 cents per share and total revenue of $706 million. The company is focusing on electric vehicles and has reported $55 million in new business awards targeting this sector as it adapts to changing market demands.
Northville, Michigan – Cooper-Standard Holdings Inc. (CPS) reported a loss of $1.4 million in its second quarter of 2025, equating to 8 cents per share. This financial performance comes as the auto parts supplier grapples with ongoing challenges and shifting market dynamics.
Despite the reported loss, earnings adjusted for restructuring costs amounted to 6 cents per share. The company’s revenue for the quarter was $706 million. These figures, released on July 29, 2025, indicate a decline from previous periods as Cooper Standard navigates difficulties within the auto industry.
Cooper Standard’s headquarters is located in Northville, Michigan, and the company operates across 20 countries with a workforce of approximately 22,000 team members, including contingent workers. The company specializes in producing sealing and fluid handling systems and components for the automotive industry, a sector currently experiencing transformative shifts due to the rise of electric vehicles (EVs) and hybrids.
The company had previously shown some recovery, reporting a net income of $1.6 million in the first quarter of 2025, which highlights its improved financial health compared to a net loss of $31.7 million in the same quarter of 2024. Adjusted net income for Q1 2025 was $3.5 million, up from an adjusted net loss of $30.6 million in the same period last year. However, there was a 1.4% decline in revenue for Q1 2025, mainly attributed to foreign exchange pressures.
In terms of business growth, Cooper Standard achieved $55 million in net new business awards during the first quarter of 2025, predominantly focused on battery electric vehicles and hybrid vehicle platforms. This strategic pivot indicates the company’s optimistic outlook on the future as demand for electric and hybrid vehicles continues to grow.
As of March 31, 2025, the company reported $140.4 million in cash and cash equivalents, along with a total liquidity of $300.1 million. Cooper Standard anticipates that these financial resources will support its ongoing operations and strategic initiatives as it addresses potential impacts from changing trade and tariff policies, particularly concerning its North American operations.
The company remains optimistic about growth opportunities in 2025, especially with its new business architecture for hybrids, which yields 80% higher content per vehicle compared to traditional vehicles. Additionally, Cooper Standard expects significant sales growth to domestic Chinese OEMs in the coming years, marking a strategic shift to capitalize on local market opportunities. This approach aims to strengthen the company’s competitive edge in an evolving marketplace.
Cooper Standard will also participate in the J.P. Morgan 2025 Auto Conference on August 13, 2025, where Jeffrey Edwards, the company’s chairman and CEO, will present at 12:35 p.m. ET. A live broadcast of this presentation will be available on the Cooper Standard website, providing stakeholders with further insights into the company’s strategies and outlook in the competitive auto parts landscape.
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Additional Resources
- CT Post: Cooper Standard Q2 Earnings Snapshot
- Wikipedia: Cooper Standard
- Stamford Advocate: Cooper Standard Q2 Earnings Snapshot
- Google Search: Cooper Standard
- PR Newswire: Cooper Standard Reports Operating Performance
- Google Scholar: Cooper Standard
- NASDAQ: Cooper Standard Discuss Second Quarter 2025 Results
- Encyclopedia Britannica: Cooper Standard
- Rubber News: Cooper Standard Poised to Grow EVs and Hybrids
- Google News: Cooper Standard Auto Industry
Author: STAFF HERE NORTHVILLE WRITER
The NORTHVILLE STAFF WRITER represents the experienced team at HERENorthville.com, your go-to source for actionable local news and information in Northville, Wayne County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Summer Concert Series, Tunes on Tuesday, and the Northville Farmers Market. Our coverage extends to key organizations like the Northville Chamber of Commerce and Northville Community Foundation, plus leading businesses in automotive, software, and retail that power the local economy such as Gentherm, Reliable Software, and Attendance on Demand. As part of the broader HERE network, including HEREDetroitMI.com, HEREGrandRapids.com, HERENovi.com, and HEREPlymouth.com, we provide comprehensive, credible insights into Michigan's dynamic landscape.
