Strong Results From 2 Leading Auto Suppliers Fails To Move Sector

Strong results posted Friday by two leading auto suppliers pushed their shares higher but failed to move others in the sector.

, based in Southfield, Michigan, said net income grew 24 percent and beat expectations. The company, which makes seating and power systems, gained 5 percent in Friday's afternoon trading.

Gillingham, U.K., posted a 12.5 percent increase in net profits and also beat expectations. Delphi, which makes power-train and safety equipment, moved up 1.9 percent in the afternoon session. A number of analysts have recently been bullish on the parts sector, citing rising demand. But there seemed to be little follow-through on Friday's news among other suppliers.

, based in Maumee, Ohio, fell 2 percent while Southfield, Michigan-based

moved up less than a point.

, based in Auburn Hills, Michigan, fell 0.8 percent while Zeeland, Michigan's

was nearly unchanged.

, Livonia, Michigan, was nearly unchanged.