Eaton Acquires 49% Stake in Jiangsu Ryan Electrical Co. Ltd.

DUBLIN, April 24, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Ryan), a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022. This press release features multimedia. View the full release… Continue reading Eaton Acquires 49% Stake in Jiangsu Ryan Electrical Co. Ltd.

Autoliv (ALV) Q1 Earnings & Sales Top Estimates, Rise Y/Y

Autoliv Inc. ALV reported first-quarter 2023 adjusted earnings of 90 cents per share, beating the Zacks Consensus Estimate of 87 cents. Higher-than-expected revenues from the Airbags and Associated Products segment led to the outperformance. Smart pricing strategies to offset commodity cost woes aided profits. The bottom line also shot up 99% on a year-over-year basis. The… Continue reading Autoliv (ALV) Q1 Earnings & Sales Top Estimates, Rise Y/Y

Polaris (PII) to Report Q1 Earnings: Here’s What to Expect

Polaris Inc. PII is slated to release first-quarter 2023 results on Apr 25, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $1.73 and $1.95 billion, respectively. For the first quarter, the consensus estimates for Polaris’s earnings per share have moved down by 3 cents… Continue reading Polaris (PII) to Report Q1 Earnings: Here’s What to Expect

QuantumScape (QS) to Report Q1 Earnings: What’s in the Offing?

QuantumScape Corporation QS is slated to release first-quarter 2023 results on Apr 26, after the closing bell. The Zacks Consensus Estimate is pegged at a loss of 23 cents per share for the quarter. This implies a year-over-year deterioration of 9.52%. The estimate for first-quarter 2023 loss per share has moved down by 4 cents… Continue reading QuantumScape (QS) to Report Q1 Earnings: What’s in the Offing?

GWM’s Hi4 Technology Debuts with HAVAL’s Brand-New Medium SUV

BAODING, China, April 24, 2023 /PRNewswire/ — On April 18, GWM HAVAL’s new medium new energy SUV (dubbed “Fierce Dragon MAX in Chinese market) had its world premiere at the Auto Shanghai 2023, attracting the attention of all participants to the show. GWM’s Hi4 Technology Debuts with HAVAL’s Brand-New Medium SUV (PRNewsfoto/GWM) The HAVAL new energy… Continue reading GWM’s Hi4 Technology Debuts with HAVAL’s Brand-New Medium SUV

10 Best Car Stocks To Buy Now

In this article, we discuss 10 best car stocks to buy now. If you want to see more stocks in this selection, check out 5 Best Car Stocks To Buy Now.  In 2022, the global automotive industry faced significant obstacles, including high interest rates, supply chain disruptions, and concerns about a potential recession. The global… Continue reading 10 Best Car Stocks To Buy Now

Harrow Health and CDW have been highlighted as Zacks Bull and Bear of the Day

For Immediate Release Chicago, IL – April 24, 2023 – Zacks Equity Research shares Harrow Health HROW as the Bull of the Day and CDW CDW as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Toyota TM, BYD Co Ltd. BYDDY and Ferrari N.V. RACE. Here is a synopsis of… Continue reading Harrow Health and CDW have been highlighted as Zacks Bull and Bear of the Day

Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? BorgWarner (BWA), which belongs to the Zacks Automotive – Original Equipment industry, could be a great candidate to consider. When looking at the last two reports, this auto parts… Continue reading Will BorgWarner (BWA) Beat Estimates Again in Its Next Earnings Report?

NIO Inc. (NIO) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, NIO Inc. (NIO) closed at $8.33, marking a +0.6% move from the previous day. This change outpaced the S&P 500’s 0.09% gain on the day. At the same time, the Dow added 0.07%, and the tech-heavy Nasdaq gained 0.98%. Prior to today’s trading, shares of the company had lost 10.68%… Continue reading NIO Inc. (NIO) Outpaces Stock Market Gains: What You Should Know

Tesla Stock Vs. BYD Stock: Tesla Dives On Weak Margins; BYD Unveils Several New EVs

Reuters Canada retail sales seen slumping in March OTTAWA (Reuters) -Canadian retail sales dipped by 0.2% in February from January, and are expected to drop another 1.4% in March, according to data from Statistics Canada on Friday, indicating high interest rates may be starting to dent consumer spending. February’s decline, smaller than analysts’ forecast of… Continue reading Tesla Stock Vs. BYD Stock: Tesla Dives On Weak Margins; BYD Unveils Several New EVs