TechCrunch Ford delays $12B in EV investments as automaker wrestles with demand Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles. CFO John Lawler emphasized Thursday during the company’s third-quarter… Continue reading Tesla Vs. BYD 2023: TSLA Breaking Key Levels As Archrival Eyes New Buy Point
Author: Yarhow_Finance Online News
BYD Showcases Electric Prowess at Japan Mobility Show 2023: A First for Chinese Automakers
BYD became the first-ever Chinese automaker to participate in the Japan Mobility Show in its 47-year history, highlighting Japan’s growing interest in electric vehicles. The BYD SEAL, a pure electric sporty sedan, is set to launch in Japan in Spring 2024. YANGWANG and DENZA, BYD’s subsidiary brands, showcased the latest models, YANGWANG U8 and DENZA… Continue reading BYD Showcases Electric Prowess at Japan Mobility Show 2023: A First for Chinese Automakers
Japan’s Carmakers Stage Show to Demonstrate Real EV Ambition
(Bloomberg) — The pressure is on domestic carmakers at this week’s Japan Mobility Show to prove they’re serious not only about going carbon neutral, but also revolutionizing the way people and goods move around. Most Read from Bloomberg The event gets underway Thursday as the rebranded successor to the Tokyo Motor Show, which began in… Continue reading Japan’s Carmakers Stage Show to Demonstrate Real EV Ambition
Lear Corp (LEA) Reports Increased Sales and Net Income in Q3 2023
Lear Corp (NYSE:LEA) reported a 10% increase in sales to $5.8 billion in Q3 2023, compared to $5.2 billion in Q3 2022. Net income rose to $133 million, up from $92 million in the same period last year. The company also reported a 14% increase in core operating earnings to $267 million. Lear Corp (NYSE:LEA)… Continue reading Lear Corp (LEA) Reports Increased Sales and Net Income in Q3 2023
Lear Reports Third Quarter Results and Increases 2023 Financial Outlook
SOUTHFIELD, Mich., Oct. 26, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2023 and increased its full year 2023 financial outlook. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Third Quarter 2023 Highlights Sales increased 10% to $5.8 billion, compared to… Continue reading Lear Reports Third Quarter Results and Increases 2023 Financial Outlook
Eaton Investing $85 Million to Increase North American Manufacturing of Essential Utility Solutions Advancing the Energy Transition and Electrification
Underground protective connectors supply to increase by 50% Investments in regional manufacturing increase supplies of transformers, regulators, switchgear and other utility equipment Eaton recent investments in manufacturing facilities for its customers in North America reach almost $750 million CLEVELAND, October 26, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced additional manufacturing investments of $85… Continue reading Eaton Investing $85 Million to Increase North American Manufacturing of Essential Utility Solutions Advancing the Energy Transition and Electrification
The Zacks Analyst Blog Highlights Netflix, Honeywell, RTX, Medtronic and Eaton
For Immediate Release Chicago, IL – October 26, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Netflix, Inc. NFLX, Honeywell International Inc. HON, RTX… Continue reading The Zacks Analyst Blog Highlights Netflix, Honeywell, RTX, Medtronic and Eaton
Top Stock Reports for Netflix, Honeywell International & RTX
Wednesday, October 25, 2023 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Netflix, Inc. (NFLX), Honeywell International Inc. (HON) and RTX Corp. (RTX). These research reports have been hand-picked from the roughly 70 reports published by our analyst… Continue reading Top Stock Reports for Netflix, Honeywell International & RTX
Japan’s Denso to invest $3.3 billion to bulk up chips business
TOKYO (Reuters) -Japanese automotive supplier Denso will invest about 500 billion yen ($3.3 billion) in semiconductors by 2030 as aims to triple the scale of its chips business by 2035 from current levels, the company’s president said on Thursday. Denso, a Toyota group supplier and one of the world’s largest makers of auto parts and… Continue reading Japan’s Denso to invest $3.3 billion to bulk up chips business
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, Oct. 25, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The board declared a quarterly dividend of $0.10 per share, payable Dec. 1, 2023, to holders of Dana common stock as of Nov. 10.… Continue reading Dana to Pay Dividend on Common Stock