The global electric vehicle plastics market has been experiencing significant growth and is projected to expand from $2.22 billion in 2023 to $16.7 billion by 2033, driven by the growing demand for electric vehicles and advancements in material technology. Trends such as the rising urban population, expansion of e-commerce, and favorable government initiatives are expected… Continue reading Latest News In Electric Vehicles – Expanding Plastics Market Drives Future Sustainable Vehicle Growth
Author: Yarhow_Finance Online News
Magna International Inc. (MGA): Among Last Week’s Worst Dividend Stocks
We recently published a list of These Were Last Week’s 10 Worst Dividend Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other last week’s worst dividend stocks. Dividend stocks have historically been the top preference for many investors seeking stable income. However, as the… Continue reading Magna International Inc. (MGA): Among Last Week’s Worst Dividend Stocks
Lear (NYSE:LEA) Is Paying Out A Dividend Of $0.77
The board of Lear Corporation (NYSE:LEA) has announced that it will pay a dividend on the 26th of March, with investors receiving $0.77 per share. Based on this payment, the dividend yield on the company’s stock will be 3.2%, which is an attractive boost to shareholder returns. Check out our latest analysis for Lear A… Continue reading Lear (NYSE:LEA) Is Paying Out A Dividend Of $0.77
Dana: Q4 Earnings Snapshot
MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — Dana Inc. (DAN) on Thursday reported a loss of $80 million in its fourth quarter. The Maumee, Ohio-based company said it had a loss of 55 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to 25 cents per share. The automotive equipment supplier… Continue reading Dana: Q4 Earnings Snapshot
Dana Incorporated Reports 2024 Adjusted EBITDA Growth of $40 Million, Including Margin Improvement of 60 Basis Points; Announces $300 Million Annualized Total Cost-Reduction Savings
MAUMEE, Ohio, Feb. 20, 2025 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced financial results for the fourth quarter and full-year 2024. “Our 2024 results reflect the initial improvements we’ve implemented to streamline our cost structure, and we anticipate even greater progress in 2025,” said R. Bruce McDonald, Dana chairman and chief executive officer. “Dana… Continue reading Dana Incorporated Reports 2024 Adjusted EBITDA Growth of $40 Million, Including Margin Improvement of 60 Basis Points; Announces $300 Million Annualized Total Cost-Reduction Savings
BorgWarner to close 2 EV battery parts plants near Detroit, cut 188 jobs
BorgWarner cut two plants and their employees tied to its battery pack manufacturing business because of the weaker demand for electrification. Crain’s Detroit Business Automotive supplier BorgWarner is planning to close two plants in metro Detroit and lay off 188 workers from the electric vehicle battery business it acquired four years ago. Factories in Hazel… Continue reading BorgWarner to close 2 EV battery parts plants near Detroit, cut 188 jobs
New Strong Sell Stocks for February 20th
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: ASGN Incorporated ASGN is an information technology (IT) services and solutions provider. The Zacks Consensus Estimate for its current year earnings has been revised 7.2% downward over the last 60 days. Adient plc ADNT is an automotive seating manufacturer. The Zacks Consensus Estimate… Continue reading New Strong Sell Stocks for February 20th
Goodyear Introduces New Cooper® WORK Series™ RHA 2 Tire for Regional Commercial Vehicles
The Cooper® WORK Series™ RHA 2 tire combines the fuel efficiency of a long-haul tire with the toughness of a high-scrub regional tire for super-regional and regional all-position commercial applications AKRON, Ohio, Feb. 20, 2025 /PRNewswire/ — Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the new Cooper® WORK Series™ Regional Haul All-position… Continue reading Goodyear Introduces New Cooper® WORK Series™ RHA 2 Tire for Regional Commercial Vehicles
Tariffs threaten Goodyear’s continued sales rebound
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The Goodyear Tire & Rubber Co. exceeded its expectations in Q4 2024 with a net income of $76 million, a huge jump compared with last year’s net loss of $291 million, due to actions under… Continue reading Tariffs threaten Goodyear’s continued sales rebound
Foton, Teld in heavy truck charging partnership
Foton’s EV heavy truck range. Chinese commercial vehicle manufacturer Beiqi Foton Motor Company has signed an agreement with local electric vehicle (EV) charging company Teld New Energy Company to establish a joint venture focused on establishing and operating a network of charging stations for heavy-duty trucks across China. The new company will also engage in… Continue reading Foton, Teld in heavy truck charging partnership