Borg-Warner Trophy® Awarded to 2023 Indianapolis 500 Winner Josef Newgarden

Josef Newgarden’s name added to the prestigious list of Indy 500 victors Newgarden beat defending champion Marcus Ericsson in fourth closest finish in Indy 500 history by 0.974 seconds BorgWarner’s Engineered for Racing (EFR™) turbochargers featured on all NTT INDYCAR SERIES© racecars since 2012 AUBURN HILLS, Mich., May 29, 2023 /PRNewswire/ — After crossing the… Continue reading Borg-Warner Trophy® Awarded to 2023 Indianapolis 500 Winner Josef Newgarden

Magnus Jarlegren named the next President of Autoliv Europe

STOCKHOLM, May 30, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, has appointed Magnus Jarlegren, currently Executive Vice President, Operations, as the next President Autoliv Europe effective June 1, 2023. Magnus Jarlegren succeeds Frithjof Oldorff who will leave Autoliv to pursue new opportunities. Magnus Jarlegren brings extensive… Continue reading Magnus Jarlegren named the next President of Autoliv Europe

China’s Great Wall Motor plans EV battery assembly, research in Thailand

By Devjyot Ghoshal BANGKOK (Reuters) – China’s Great Wall Motor Co Ltd is finalising plans to invest up to $30 million to set up a new battery pack assembly plant in Thailand, where it will start making a compact electric car next year, according to a company official. The Hebei-based company is also considering establishing… Continue reading China’s Great Wall Motor plans EV battery assembly, research in Thailand

14 Best Self-Driving Car Stocks To Invest In

In this article, we will take a look at the 14 best self-driving car stocks to invest in. For more stocks, head on over to 5 Best Self-Driving Car Stocks To Invest In. According to Fortune Business Insights, the autonomous cars market size is expected to increase from $1.63 billion in 2022 to $19.96 billion… Continue reading 14 Best Self-Driving Car Stocks To Invest In

Adient (NYSE:ADNT) shareholders have earned a 26% CAGR over the last three years

It hasn’t been the best quarter for Adient plc (NYSE:ADNT) shareholders, since the share price has fallen 18% in that time. But that shouldn’t obscure the pleasing returns achieved by shareholders over the last three years. In fact, the company’s share price bested the return of its market index in that time, posting a gain… Continue reading Adient (NYSE:ADNT) shareholders have earned a 26% CAGR over the last three years

Goodyear’s India unit posts near two-fold jump in Q4 profit on easing costs

BENGALURU, May 29 (Reuters) – Tyre manufacturer Goodyear India Ltd on Monday reported a near two-fold rise in fourth-quarter profit, helped by lower raw material costs and growing demand for automobiles in the country. The company’s standalone profit rose to 336.1 million rupees ($4.1 million) for the quarter ended March 31, from 173.9 million rupees… Continue reading Goodyear’s India unit posts near two-fold jump in Q4 profit on easing costs

BorgWarner (NYSE:BWA) Has Affirmed Its Dividend Of $0.17

BorgWarner Inc.’s (NYSE:BWA) investors are due to receive a payment of $0.17 per share on 15th of June. This means the annual payment will be 1.4% of the current stock price, which is lower than the industry average. View our latest analysis for BorgWarner BorgWarner’s Earnings Easily Cover The Distributions It would be nice for… Continue reading BorgWarner (NYSE:BWA) Has Affirmed Its Dividend Of $0.17

The Goodyear Tire & Rubber Company (NASDAQ:GT) is a favorite amongst institutional investors who own 84%

Key Insights Given the large stake in the stock by institutions, Goodyear Tire & Rubber’s stock price might be vulnerable to their trading decisions 51% of the business is held by the top 12 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business If you want… Continue reading The Goodyear Tire & Rubber Company (NASDAQ:GT) is a favorite amongst institutional investors who own 84%

At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Magna International Inc. (TSE:MG) received a lot of attention from a substantial price movement on the TSX over the last few months, increasing to CA$77.58 at one point, and dropping to the lows of CA$67.99. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a… Continue reading At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?