BorgWarner and Delphi Technologies Enter Into Amendment to Transaction Agreement

Resolve Alleged Breach Dispute Remain on Track to Close in Second Half of 2020 AUBURN HILLS, Mich. and LONDON, May 6, 2020 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE: DLPH) today announced that the companies have amended certain terms of the definitive transaction agreement they originally entered into on January 28,… Continue reading BorgWarner and Delphi Technologies Enter Into Amendment to Transaction Agreement

NIO Inc. Provides April 2020 Delivery Update

Delivered 3,155 vehicles in April 2020 Delivered 6,993 vehicles in 2020 in total Cumulative deliveries of ES8 and ES6 reached 38,906 SHANGHAI, China, May 06, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium smart electric vehicle market, today provided its April 2020 delivery results. NIO delivered 3,155… Continue reading NIO Inc. Provides April 2020 Delivery Update

Edited Transcript of ETN earnings conference call or presentation 30-Apr-20 3:00pm GMT

Q1 2020 Eaton Corporation PLC Earnings Call DUBLIN May 1, 2020 (Thomson StreetEvents) — Edited Transcript of Eaton Corporation PLC earnings conference call or presentation Thursday, April 30, 2020 at 3:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Craig Arnold Eaton Corporation plc – Chairman & CEO * Richard H. Fearon Eaton… Continue reading Edited Transcript of ETN earnings conference call or presentation 30-Apr-20 3:00pm GMT

Dana Incorporated (DAN) Q1 2020 Earnings Call Transcript

Dana Incorporated (DAN) Q1 2020 Earnings Call Transcript More At this time, I would like to begin the presentation by turning the call over to Dana’s Senior Director of Investor Relations and Strategic Planning, Craig Barber. Today’s call is being recorded and the supporting materials are the property of Dana Incorporated. Allow me remind you… Continue reading Dana Incorporated (DAN) Q1 2020 Earnings Call Transcript

Edited Transcript of DAN earnings conference call or presentation 30-Apr-20 2:00pm GMT

Q1 2020 Dana Inc Earnings Call Maumee May 1, 2020 (Thomson StreetEvents) — Edited Transcript of Dana Inc earnings conference call or presentation Thursday, April 30, 2020 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Craig Barber Dana Incorporated – Senior Director of IR & Strategic Planning * James K. Kamsickas… Continue reading Edited Transcript of DAN earnings conference call or presentation 30-Apr-20 2:00pm GMT

Dana (DAN) Surpasses Q1 Earnings and Revenue Estimates

Dana (DAN) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 56.67%. A quarter ago, it was expected that this… Continue reading Dana (DAN) Surpasses Q1 Earnings and Revenue Estimates

Key Ford, Toyota Supplier BorgWarner to Reopen Tornado-Damaged South Carolina Plant

Key Ford, Toyota Supplier BorgWarner to Reopen Tornado-Damaged South Carolina Plant More Auto-industry supplier BorgWarner (NYSE: BWA) said that it expects to resume limited production at a tornado-damaged South Carolina factory in early May. The factory makes critical parts for four-wheel-drive versions of pickup trucks and SUVs made by automakers including Ford (NYSE: F), Fiat… Continue reading Key Ford, Toyota Supplier BorgWarner to Reopen Tornado-Damaged South Carolina Plant

NIO Announces Entry into Definitive Agreements for Investments in NIO China

SHANGHAI, China, April 29, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NIO), a pioneer in China’s premium smart electric vehicle market, today announced that it entered into definitive agreements for investments in NIO China with a group of investors (collectively, the “Strategic Investors”) led by Hefei City Construction and Investment Holding (Group)… Continue reading NIO Announces Entry into Definitive Agreements for Investments in NIO China