Garrett Motion Inc. reported financial results for the first quarter of 2025, revealing net sales of $878 million, a 4% decrease from the $915 million reported in the same period of 2024. This decline was influenced by a reduction in diesel sales due to lower industry production in Europe and reduced aftermarket sales in North America, partially offset by new gasoline application launches in North America. The company achieved a net income of $62 million, resulting in a net income margin of 7.1%. Additionally, Garrett Motion's adjusted EBIT for the quarter was $131 million, with an adjusted EBIT margin of 14.9%. The company highlighted a significant business development by securing its first major series production award for electric motors, with production anticipated to start in 2027. Garrett Motion also reported securing new wins in Asia and Europe for commercial vehicles and industrial power generation applications. Despite the challenging industry environment, Garrett Motion has reiterated its full-year outlook for 2025, expecting net sales between $3.3 billion and $3.5 billion and adjusted EBITDA ranging from $545 million to $605 million.