China’s biggest automaker often pays suppliers with an electronic IOU. Some suppliers wait months before the notes can be cashed in. Go to Source
Author: Yarhow_Finance Online News
China Car Sales Hit 2025 High in June, NEVs Power the Surge
China’s car sales hit a 2025 high in June, driven by surging NEV demand and fierce competition among top players like BYD and Geely Auto. Vehicle sales in China rose for the fifth consecutive month in June, buoyed by the growing demand for electric vehicles (EVs) and supportive government policies. Per the China Passenger Car… Continue reading China Car Sales Hit 2025 High in June, NEVs Power the Surge
Electric Vehicles Update – European Off-Highway Market Gears Up For Massive Electric Growth
The European off-highway electric vehicle (OHEV) market is experiencing significant growth, forecasted to surge from $1.39 billion in 2024 to $13.78 billion by 2034, driven by a compound annual growth rate (CAGR) of 25.76%. This expansion is fueled by the increasing adoption of electric equipment across mining, construction, and agriculture due to stringent EU emissions… Continue reading Electric Vehicles Update – European Off-Highway Market Gears Up For Massive Electric Growth
Avatr signs distribution agreement in Egypt
The Avatr 012 flagship model Avatr Technology Company, the upmarket battery electric vehicle (BEV) manufacturer controlled by Chinese state-owned automaker Changan Automobile Company, has signed a distribution agreement in Egypt with the local Kasrawy Group. Go deeper with GlobalData Data Insights The gold standard of business intelligence. Find out more Kasrawy Group, established some 40… Continue reading Avatr signs distribution agreement in Egypt
TSX rises; investors await progress on trade talks
By Twesha Dikshit and Sukriti Gupta Canada’s main stock index edged higher on Thursday as investors assessed latest U.S. tariff threats and awaited signs of progress on trade talks. The commodity-heavy S&P/TSX index rose 0.1% at 27,010.05 points. “The economy is a little bit stronger than many have thought, but I think with all these… Continue reading TSX rises; investors await progress on trade talks
Is Most-Watched Stock Eaton Corporation, PLC (ETN) Worth Betting on Now?
Eaton (ETN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this power management company have returned +10.5%, compared to the Zacks S&P 500 composite’s… Continue reading Is Most-Watched Stock Eaton Corporation, PLC (ETN) Worth Betting on Now?
Eaton continues to progress on its sustainability targets, as outlined in new report
Company has reduced GHG emissions 35% since 2018 Achieved 83% of waste target and surpassed water target Reported 76% of 2024 net sales were from products and solutions that contribute to a more sustainable future Invested $1.7 billion in research and development for sustainable solutions aligned with company’s Positive Impact Framework since 2020 Commits to… Continue reading Eaton continues to progress on its sustainability targets, as outlined in new report
Should Value Investors Buy Dana (DAN) Stock?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend… Continue reading Should Value Investors Buy Dana (DAN) Stock?
Should You Invest in the iShares MSCI Europe Financials ETF (EUFN)?
If you’re interested in broad exposure to the Financials – Broad segment of the equity market, look no further than the iShares MSCI Europe Financials ETF (EUFN), a passively managed exchange traded fund launched on 01/20/2010. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax… Continue reading Should You Invest in the iShares MSCI Europe Financials ETF (EUFN)?
China automakers’ price war, overcapacity hurt finances
(Reuters) -China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported… Continue reading China automakers’ price war, overcapacity hurt finances