Auto Roundup: LEA’s Upbeat Outlook, STLA-Kuniko Partnership & More

As the second quarter of 2023 comes to a close, few automakers like Hyundai, Kia and Genesis unveil their June sales numbers. While most auto giants are set to report quarterly and June deliveries in the coming days of the week, U.S. light vehicle sales are expected to have risen 16-23% year over year in… Continue reading Auto Roundup: LEA’s Upbeat Outlook, STLA-Kuniko Partnership & More

Lear Announces Date for Second Quarter 2023 Earnings Conference Call

SOUTHFIELD, Mich., July 3, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company’s second quarter 2023 financial results and related matters on August 1, 2023, at 8:30 a.m. EDT. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) To participate in the… Continue reading Lear Announces Date for Second Quarter 2023 Earnings Conference Call

Invitation to Autoliv’s Q2, 2023 Earnings Call

STOCKHOLM, July 3, 2023 /PRNewswire/ — Autoliv Inc., plans to publish it´s Financial Report for the second quarter 2023 on Friday, July 21, 2023 at 12:00 Central European Time (CET). The report will be available at www.autoliv.com In addition, a teleconference will take place the same day.                                                                         Time:  14:00 – 15:00 CET                                     … Continue reading Invitation to Autoliv’s Q2, 2023 Earnings Call

2 Unexpected Stocks Billionaire Investors Are Buying Hand Over Fist for the Second Half of 2023

After ending 2022 with their worst full-year returns since the depths of the financial crisis, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have come roaring out of the gate this year. With one day of trading left (at the time of this writing) in the first-half of 2023, the Dow, S&P 500,… Continue reading 2 Unexpected Stocks Billionaire Investors Are Buying Hand Over Fist for the Second Half of 2023

Tesla and BYD Post Record Sales on Surge in Electric-Car Demand

(Bloomberg) — Tesla Inc. and BYD Co. set sales records in the second quarter, likely widening their lead as the world’s top electric-car makers. Most Read from Bloomberg Elon Musk-led Tesla delivered 466,140 cars worldwide, beating Wall Street estimates. BYD, China’s leading auto brand, posted its best-ever quarter, selling 700,244 fully electric and plug-in hybrid… Continue reading Tesla and BYD Post Record Sales on Surge in Electric-Car Demand

Autoliv, Inc. (NYSE:ALV) Shares Could Be 33% Below Their Intrinsic Value Estimate

Key Insights Autoliv’s estimated fair value is US$127 based on 2 Stage Free Cash Flow to Equity Current share price of US$85.04 suggests Autoliv is potentially 33% undervalued The US$100 analyst price target for ALV is 21% less than our estimate of fair value Today we’ll do a simple run through of a valuation method… Continue reading Autoliv, Inc. (NYSE:ALV) Shares Could Be 33% Below Their Intrinsic Value Estimate

Eaton Showcases Substantial Progress on 2030 Sustainability Goals, on Track to Meet Several Targets Ahead of Schedule

Company reduces GHG emissions by 27% since 2018, equivalent to the emissions nearly 60,000 gasoline-fueled cars generate in a year Reports 71% of 2022 net sales are from sustainable solutions Invests $900 million in research and development for sustainable solutions since 2020 Achieves 75% of waste target and accelerates water target progress DUBLIN, June 30,… Continue reading Eaton Showcases Substantial Progress on 2030 Sustainability Goals, on Track to Meet Several Targets Ahead of Schedule