Chicago, IL – February 19, 2025 – Today, Zacks Equity Research discusses BYD Co Ltd BYDDY, Geely Auto GELYY and XPeng Inc. XPEV. Link: https://www.zacks.com/commentary/2417273/3-foreign-auto-stocks-standing-tall-amid-industry-weakness The Zacks Automotive – Foreign industry presents a mixed outlook, shaped by key market trends. In China, the auto market remains resilient, with production and sales hitting record highs, driven… Continue reading Zacks Industry Outlook Highlights BYD, Geely Auto and XPeng
Author: Yarhow_Finance Online News
Why Shares of QuantumScape Are Charging Higher Today
While the S&P 500 (^GSPC -0.23%) and Dow Jones Industrial Average (^DJI -0.33%) are inching in opposite directions to start this shortened trading week, shares of QuantumScape (QS -5.05%) are moving decisively higher. A leading electric vehicle (EV) manufacturer has announced its plan to use solid-state batteries in their vehicles, and investors are sitting up… Continue reading Why Shares of QuantumScape Are Charging Higher Today
5 Stocks to Watch on Their Recent Dividend Hikes
After a solid rebound in 2024, major U.S. indexes lack shine due to displeasing domestic macroeconomic conditions. Rising inflation, and the impact of President Donald Trump’s fiscal, trade, and immigration policies have led investors to adopt a cautious approach. However, the labor market remains resilient. The Federal Reserve announced a pause in interest rate cuts to… Continue reading 5 Stocks to Watch on Their Recent Dividend Hikes
Magna International Price Target Lowered to US$44 at CIBC
CIBC Capital Markets lowered its price target on Magna International Inc. (MG.TO, MGA) to US$44 from Go to Source
Magna International reports sales growth in Q4 2024
Magna’s sales in 2025 are expected to be between $38.6bn and $40.2bn. Credit: JHVEPhoto/Shutterstock. Canada-based Magna International has reported $10.6bn in sales for the fourth quarter (Q4) of 2024, marking a 2% increase from the same period in 2023. This growth aligns with global light vehicle production, which also saw a 2% increase. This includes… Continue reading Magna International reports sales growth in Q4 2024
Lear Appoints Former President GM China Julian Blissett to Board of Directors
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Julian Blissett, former Executive Vice President and President General Motors (GM) China, has been appointed to the Company’s Board of Directors. Lear Appoints Former President GM China to Board of Directors “Julian’s… Continue reading Lear Appoints Former President GM China Julian Blissett to Board of Directors
Lear Acquires StoneShield Engineering to Enhance Advanced Automation Capabilities Within its E-Systems Business
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal. (PRNewsfoto/Lear Corporation) Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the… Continue reading Lear Acquires StoneShield Engineering to Enhance Advanced Automation Capabilities Within its E-Systems Business
HELLA GmbH KGaA (ETR:HLE) Is Looking To Continue Growing Its Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. This shows us that it’s a compounding machine, able to… Continue reading HELLA GmbH KGaA (ETR:HLE) Is Looking To Continue Growing Its Returns On Capital
Goodyear Surges 17% Since Reporting In-Line Q4 Earnings
Shares of Goodyear Tire GT gained 17.3% since the company reported fourth-quarter 2024 results on Thursday. It reported fourth-quarter 2024 adjusted earnings per share (EPS) of 39 cents, in line with the Zacks Consensus Estimate. The company reported EPS of 47 cents in the year-ago quarter. Find the latest EPS estimates and surprises on Zacks… Continue reading Goodyear Surges 17% Since Reporting In-Line Q4 Earnings
Sales of Chinese-made vehicles flat in January
Geely’s popular Emgrand sedan. Sales of Chinese-made vehicles, including exports, declined slightly to 2.42 million units in January from 2.44 million units a year earlier, according to passenger car and commercial vehicle wholesale data collected by the China Association of Automobile Manufacturers (CAAM). This was the first year-on-year sales decline in four months, after the… Continue reading Sales of Chinese-made vehicles flat in January