US autos, parts makers post gains after JP Morgan upgrade

Shares of prominent US auto makers and car parts manufacturers were mostly higher in early afternoon trade, after JP Morgan auto analyst David Bradley upgraded the sector to a 'market weight' rating, dealers said.

At 1.58 pm, Visteon Corp was up 5 cents at $15.85, Delphi Automotive Systems Inc up 40 cents at $15.48, Goodyear Tire & Rubber Inc up 68 cents at $24.47, General Motors Corp up 59 cents at $59.39, Ford Motor Co up 7 cents at $16.12, and DaimlerChrysler AG up $1.51 at 46.92.