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

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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