Penske Automotive Group PAG recently acquired Erhard BMW of Bloomfield, located in Bloomfield Hills, MI. The buyout represents the company’s 48th BMW dealership globally and the largest BMW dealership in Michigan. The Erhard BMW store, founded in 1965 by Erhard Dahm, is located on Telegraph Road, north of Square Lake Road. Penske is ecstatic about… Continue reading Penske (PAG) to Add $100M in Revenues With Erhard BMW Buyout
Author: Yarhow_Finance Online News
Goodyear’s Future Looks Bright
The Goodyear Tire & Rubber Co. (NASDAQ:GT) is one of the largest tire manufacturing companies in the world, selling the Goodyear, Kelly, Dunlop, Fulda, Debica, Sava and various other in-house brands such as Lee, Kingstone, Douglas, Mohave and Republic. The company distributes products under private-label brands as well, including Roadhandler, Star and Monarch. Goodyear employs… Continue reading Goodyear’s Future Looks Bright
Europe’s Auto Sector Is Cheap. Get Ready for a Rebound in 2022.
Motley Fool Better Buy: ChargePoint or a 50/50 Split of Volta and EVgo? From wild stock moves in Lucid Group and Nio, to Rivian’s IPO, to general market volatility, the EV industry is bursting with potential, but is also riddled with uncertainty. Rather, it’s all about which company can scale — and one will eventually… Continue reading Europe’s Auto Sector Is Cheap. Get Ready for a Rebound in 2022.
4 Robinhood Stocks Investors Can’t Get Enough Of
Reuters U.S. to add more Chinese firms to investment, export blacklists – FT Citing two sources briefed on the plans, the Financial Times said the United States would add eight Chinese firms, including the drone maker, DJI Technology Co Ltd, to an investment blacklist on Thursday. The U.S. commerce department is also set to place… Continue reading 4 Robinhood Stocks Investors Can’t Get Enough Of
Why Nio Shares Tanked Today
Barrons.com A Ford Exec Makes a Big Stock Buy at Ford Motor Ford Motor (ticker: F) stock has more than doubled this year, and its executive chair, William Clay Ford, Jr., just disclosed a large purchase of shares of the auto giant. Ford Motor stock has rocketed 128% so far this year through Tuesday’s close.… Continue reading Why Nio Shares Tanked Today
XPeng president details electric vehicle innovation, autonomous driving, and the EV market in China
President and Vice Chairman of XPeng Motors Brian Gu joins Yahoo Finance Live to discuss the car manufacturer’s innovations in EV development and autonomous driving software in the Chinese market, managing sales prices, and its production outlook. Video Transcript [MUSIC PLAYING] BRIAN SOZZI: We’re watching shares of Chinese EV company, Xpeng, as it gears up… Continue reading XPeng president details electric vehicle innovation, autonomous driving, and the EV market in China
Magna (MGA) Set to Launch Breakthrough Powertrain in 2022
Magna International MGA is set to launch EtelligentReach, an all-electric connected powertrain, the latest to debut on a new entrant vehicle in 2022. The system comprises two electric motors, inverters and gearboxes, and leverages the benefits of advanced software to maximize vehicle range and driving dynamics. The Magna framework enhances the interaction between the individual… Continue reading Magna (MGA) Set to Launch Breakthrough Powertrain in 2022
ON BlackRock Advantage International Equity Portfolio Buys L’Oreal SA, SAP SE, Novartis AG, …
Investment company ON BlackRock Advantage International Equity Portfolio (Current Portfolio) buys L’Oreal SA, SAP SE, Novartis AG, Koninklijke Ahold Delhaize NV, Terumo Corp, sells Keyence Corp, Telefonaktiebolaget L M Ericsson, Commonwealth Bank of Australia, Aristocrat Leisure, Prosus NV during the 3-months ended 2021Q3, according to the most recent filings of the investment company, ON BlackRock… Continue reading ON BlackRock Advantage International Equity Portfolio Buys L’Oreal SA, SAP SE, Novartis AG, …
Glenview Capital Management Buys Willis Towers Watson PLC, Uber Technologies Inc, Baxter …
Investment company Glenview Capital Management (Current Portfolio) buys Willis Towers Watson PLC, Uber Technologies Inc, Baxter International Inc, Global Payments Inc, Aptiv PLC, sells Walgreens Boots Alliance Inc, ViacomCBS Inc, Amazon.com Inc, DXC Technology Co, IQVIA Holdings Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Glenview Capital… Continue reading Glenview Capital Management Buys Willis Towers Watson PLC, Uber Technologies Inc, Baxter …
General Motors (GM) Halts Corvette Production Over Tornado Havoc
General Motors GM recently paused the production of the 2022 Corvette Stingray for the week of Dec 13 following a fire at its plant in Bowling Green in Kentucky on Dec 11 due to tornado activity in the region. Reportedly, several major tornadoes ripped through Kentucky and five other states in the South and Midwest… Continue reading General Motors (GM) Halts Corvette Production Over Tornado Havoc