(Recasts and adds details, adds analysts’ comments in paragraphs 4-5) SHANGHAI, May 10 (Reuters) – BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world’s largest auto market with lower-priced products. The company replaced… Continue reading UPDATE 1-China’s BYD cuts starting price for Seal EV; aims to extend lead
Author: Yarhow_Finance Online News
CATL chief scientist Wu Kai named as finalist for European Inventor Award 2023
NINGDE, China, May 9, 2023 /PRNewswire/ — On May 9, Wu Kai, the Chief Scientist of CATL, and his team were nominated as finalists for the European Inventor Award 2023 in the “Non-EPO countries” category, for their contribution to the safety of lithium-ion batteries. (PRNewsfoto/Contemporary Amperex Technology Co., Limited) Launched by the European Patent Office (EPO)… Continue reading CATL chief scientist Wu Kai named as finalist for European Inventor Award 2023
Westport (WPRT) Q1 Loss Narrower Than Expected but Wider Y/Y
Westport Fuel Systems Inc. WPRT incurred a loss of 6 cents per share in first-quarter 2023, narrower than the Zacks Consensus Estimate of a loss of 8 cents. The loss, however, widened from 4 cents a share incurred in the year-ago period. Westport registered consolidated revenues of $82.2 million in the quarter, topping the Zacks Consensus… Continue reading Westport (WPRT) Q1 Loss Narrower Than Expected but Wider Y/Y
BWA vs. MBLY: Which Stock Is the Better Value Option?
Investors looking for stocks in the Automotive – Original Equipment sector might want to consider either BorgWarner (BWA) or Mobileye Global (MBLY). But which of these two stocks is more attractive to value investors? We’ll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but… Continue reading BWA vs. MBLY: Which Stock Is the Better Value Option?
Westport (WPRT) Q1 Loss Narrower Than Expected but Wider Y/Y
Westport Fuel Systems Inc. WPRT incurred a loss of 6 cents per share in first-quarter 2023, narrower than the Zacks Consensus Estimate of a loss of 8 cents. The loss, however, widened from 4 cents a share incurred in the year-ago period. Westport registered consolidated revenues of $82.2 million in the quarter, topping the Zacks Consensus… Continue reading Westport (WPRT) Q1 Loss Narrower Than Expected but Wider Y/Y
Calculating The Intrinsic Value Of Aptiv PLC (NYSE:APTV)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Aptiv fair value estimate is US$113 With US$93.42 share price, Aptiv appears to be trading close to its estimated fair value Analyst price target for APTV is US$129, which is 14% above our fair value estimate Today we’ll do a simple run through of… Continue reading Calculating The Intrinsic Value Of Aptiv PLC (NYSE:APTV)
Adient (ADNT) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
Adient ADNT reported adjusted earnings per share of 32 cents for the second quarter of fiscal 2023, lagging the Zacks Consensus Estimate of 41 cents. The underperformance largely stemmed from lower-than-anticipated profits from the Americas segment. The bottom line, however, reversed the year-ago loss of 13 cents per share. In the reported quarter, Adient generated… Continue reading Adient (ADNT) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
GOODYEAR LAUNCHES NEW ALL-SEASON COOPER® PROCONTROL™
The Cooper® ProControl™ Tire is built for a wide range of vehicles with more than 60 sizes available AKRON, Ohio, May 9, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today introduced the Cooper® ProControl™, an all-season tire engineered to help deliver enhanced wet handling and long-lasting, even tread wear for confident… Continue reading GOODYEAR LAUNCHES NEW ALL-SEASON COOPER® PROCONTROL™
Combined General Meeting of May 30th, 2023 – Availability of preparatory documents
FAURECIA NANTERRE (FRANCE)May 9th, 2023 COMBINED GENERAL MEETING OF MAY 30th, 2023AVAILABILITY OF PREPARATORY DOCUMENTS Faurecia informs its shareholders that they are convened to the Combined Shareholders’ Meeting to be held on Tuesday, May 30th, 2023, at 2 p.m. (Paris time) at the registered office in Nanterre. The meeting notice was published in the Bulletin… Continue reading Combined General Meeting of May 30th, 2023 – Availability of preparatory documents
Nio Stock Plunged in April, but the Worst Could Be Over
Reuters Ford to test small UK fleet of hydrogen fuel cell E-Transit vans Ford Motor Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions of its electric E-Transit model to see if they are a workable zero-emission option for customers hauling heavy goods long distances. Ford will lead a… Continue reading Nio Stock Plunged in April, but the Worst Could Be Over