FILE PHOTO: Flags of German tyre company Continental are seen before the annual news conference in Hanover, Germany March 2, 2017. REUTERS/Fabian BimmerMore FRANKFURT (Reuters) – Auto supplier Continental AG’s operating profit fell 12 percent last year, hit by an auto industry downturn and higher investments, but it pledged to press ahead with a listing… Continue reading Continental AG’s full-year earnings hit by electric investments, downturn
Author: Yarhow_Finance Online News
Nio CEO touts its electric cars as ‘ticket to a new lifestyle’
Nio CEO touts its electric cars as ‘ticket to a new lifestyle’ William Li told CBS correspondent Holly Williams that while his company sells luxury cars, he thinks of it more of a lifestyle company, with the cars serving as a status symbol. Story continues Go to Source
Magna Posts Record Sales As CEO Bemoans Tariffs
View photos Canadian auto and truck parts maker Magna International (NYSE: MGA) reported a better than expected profit on Friday, February 22, but its CEO noted that the Trump administration’s tariffs were hurting the company’s U.S. plants. Magna generated a $456 million profit in the fourth quarter of 2018, an 18 percent decline compared to… Continue reading Magna Posts Record Sales As CEO Bemoans Tariffs
Edited Transcript of ZIL2.DE earnings conference call or presentation 20-Feb-19 9:00am GMT
Preliminary 2018 Elringklinger AG Earnings Call Dettingen/Erms Feb 22, 2019 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Wednesday, February 20, 2019 at 9:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat ElringKlinger… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 20-Feb-19 9:00am GMT
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, Feb. 13, 2019 /PRNewswire/ — Dana Incorporated (DAN) announced today that its board of directors has declared a dividend on its common stock. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated)More The board declared a quarterly dividend of $0.10 per share, payable March 22, 2019, to holders of Dana common stock as of March 1. About… Continue reading Dana to Pay Dividend on Common Stock
Edited Transcript of GT earnings conference call or presentation 8-Feb-19 2:00pm GMT
Q4 2018 Goodyear Tire & Rubber Co Earnings Call AKRON Feb 13, 2019 (Thomson StreetEvents) — Edited Transcript of Goodyear Tire & Rubber Co earnings conference call or presentation Friday, February 8, 2019 at 2:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Darren R. Wells The Goodyear Tire & Rubber Company –… Continue reading Edited Transcript of GT earnings conference call or presentation 8-Feb-19 2:00pm GMT
Edited Transcript of ALV earnings conference call or presentation 29-Jan-19 1:00pm GMT
James Albert Picariello, KeyBanc Capital Markets Inc., Research Division – Analyst [39] ——————————————————————————– Just a question for Mats. The more obvious question, do you — are you willing to talk about your decision to move to your sidekick Veoneer? Or is that something that you don’t want to address? Mats Backman, Autoliv, Inc. – CFO… Continue reading Edited Transcript of ALV earnings conference call or presentation 29-Jan-19 1:00pm GMT
China’s CATL, Honda plan to co-operate on EV battery development
TOKYO (Reuters) – Contemporary Amperex Technology Ltd and Honda Motor have signed an agreement to co-operate on jointly developing lithium ion batteries for electric vehicles, as China’s top EV battery maker expands its tie-ups with Japanese automakers. CATL said on Tuesday it had signed a memorandum of understanding with Honda under which it would guarantee… Continue reading China’s CATL, Honda plan to co-operate on EV battery development
Why NIO, China’s Tesla, Rose ~24% in January
Why NIO, China’s Tesla, Rose ~24% in January More Why NIO, China’s Tesla, Rose ~24% in JanuaryNIO’s January performance Since NIO (NIO), popularly hailed as China’s Tesla, was listed on the NYSE in September 2018, it has seen wild roller-coaster ride. In October and December 2018, NIO fell Go to Source
BRIEF-Saic Motor Sees 2018 Net Profit Up About 4.6 Percent Y/Y
Jan 30 (Reuters) – SAIC Motor Corp Ltd: * SAYS IT SEES 2018 NET PROFIT UP ABOUT 4.6 PERCENT Y/Y VERSUS 34.4 BILLION YUAN ($5.13 billion)YEAR EARLIER Source text in Chinese: https://bit.ly/2WmKJM2 Further company coverage: ($1 = 6.7095 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Go to Source