Guggenheim Starts DLPH, LEA, TRW, JCI at Buy, GM, F, BWA, AXL, VC at Neutral

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Guggenheim's Matt Stover initiated coverage on the following Auto and Supplier companies Wednesday morning.

With Buy ratings:

• Delphi (Nasdaq: DLPH)
  
• Lear (NYSE: LEA)
  
• TRW (NYSE: TRW)
  
• Johnson Controls (NYSE: JCI)

With Neutral ratings:

• GM (NYSE: GM)
  
• Ford (NYSE: F)
  
• BorgWarner (NYSE: BWA)
  
• American Axle (NYSE: AXL)
  
• Visteon (NYSE: VC)

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