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Gentherm CEO: Auto Recalls Not Rocking Our Business

The recalls currently upending automakers are not affecting car-seat technology provider Gentherm, says the company's CEO Dan Coker. Gentherm's stock is up nearly 30% this year, even as shares of GM and Toyota are down double digits. Coker expects to eventually supply Tesla to generate additional business, as well as expand further into non-auto markets like bedding where the margins for his products are substantially higher.