NEW YORK, October 06, 2025–(BUSINESS WIRE)–Turnspire Capital Partners LLC (“Turnspire”) announced today that its portfolio company, Infinity Engineered Products (“Infinity”), the global exclusive provider of Goodyear branded air springs, has acquired Meklas Otomotiv (“Meklas”). Founded in 1986, Meklas is one of Europe’s premier air springs manufacturers primarily serving aftermarket customers globally for commercial vehicle applications.… Continue reading Turnspire Capital Partners Portfolio Company Infinity Engineered Products Acquires Meklas Otomotiv
Author: Yarhow_Finance Online News
Will NIO’s CBU Mechanism Help It Manage Expenses Efficiently?
NIO Inc. NIO implemented a series of measures under its Cell Business Unit (CBU) mechanism to better control R&D expenses, starting from the second quarter of 2025. Per 36kr, the core idea behind NIO’s CBU system is to break down its operations into distinct, non-overlapping units, each responsible for setting clear ROI targets, along with… Continue reading Will NIO’s CBU Mechanism Help It Manage Expenses Efficiently?
Latest News In Electric Vehicles – Battery Recycling Booms Amid Scarcity And Sustainable Demands
The battery recycling market, integral to the electric vehicles (EV) industry, is projected to grow significantly from $12.8 billion in 2025 to $19.8 billion by 2030, according to a BCC Research report. This growth is driven by a combination of factors, including scarcity of rare earth elements, increasing demand for consumer electronics and EVs, and… Continue reading Latest News In Electric Vehicles – Battery Recycling Booms Amid Scarcity And Sustainable Demands
The EV Tax Credit Just Expired — 3 Stocks That Could Still Win Without It
Not all EV makers will be crushed by the expiring sales incentive. The $7,500 electric vehicle (EV) tax credit is no more. It expired at midnight on Tuesday night, and the U.S. auto industry is bracing for a slump in demand. Without the additional $7,500 to make EVs more affordable, Ford (F -0.59%) CEO Jim… Continue reading The EV Tax Credit Just Expired — 3 Stocks That Could Still Win Without It
Tesla stock climbs on videos hinting possible new car launch
The video’s sparked speculation that Elon Musk’s EV company is preparing to unveil a long-promised entry-level vehicle, seen as key to boosting demand Go to Source
UK’s best-selling cars revealed
The Kia (000270.KS) Sportage was the UK’s best-selling car in September and is the second best-selling vehicle this year so far, figures from the Society of Motor Manufacturers and Traders (SMMT) show. Kia placed ahead of Ford (F) as 9,455 Sportages hit the road over the month, while Ford’s Puma recorded 8,310 registrations and remains… Continue reading UK’s best-selling cars revealed
Chinese electric carmaker’s UK sales rocket tenfold
BYD’s Seal U hybrid SUV has nearly overtaken sales of the Vauxhall Corsa in Britain – Albert Gea/Reuters Chinese carmaker BYD (1211.HK) is poised to overtake Vauxhall in Britain after its UK sales surged by tenfold. BYD sold 11,271 cars in Britain last month, up from 1,150 just a year earlier, according to new data.… Continue reading Chinese electric carmaker’s UK sales rocket tenfold
Does Autoliv’s (ALV) Share Retirement and Analyst Optimism Signal a Shift in Capital Allocation Strategy?
Autoliv recently completed the retirement of 842,129 repurchased shares, reducing the total number of issued shares to 78,562,100 as of September 30, 2025, while also receiving positive analyst commentary and upward earnings estimate revisions. This combination of analyst optimism and shareholder-friendly capital management highlights Autoliv’s ongoing focus on both financial performance and direct value creation… Continue reading Does Autoliv’s (ALV) Share Retirement and Analyst Optimism Signal a Shift in Capital Allocation Strategy?
NIO Inc. (NIO) Stock Dips While Market Gains: Key Facts
NIO Inc. (NIO) closed the most recent trading day at $7.70, moving -2.41% from the previous trading session. The stock’s change was less than the S&P 500’s daily gain of 0.01%. Elsewhere, the Dow saw an upswing of 0.51%, while the tech-heavy Nasdaq depreciated by 0.28%. Heading into today, shares of the company had gained… Continue reading NIO Inc. (NIO) Stock Dips While Market Gains: Key Facts
Why Nio Stock Accelerated 19.4% Higher in September
Strong August vehicles deliveries wasn’t the only reason investors chose to hitch a ride with this EV maker last month. After driving more than 30% higher in August, Chinese electric vehicle (EV) maker Nio (NIO -2.41%) continued powering higher last month. Investors found good news bookmarking September, with the company reporting strong quarterly earnings early… Continue reading Why Nio Stock Accelerated 19.4% Higher in September