The Wall Street Journal Top Apple Supplier Plans Major India Expansion NEW DELHI— Apple main manufacturer, Foxconn Technology Group is considering a major expansion in India, including possibly assembling millions more iPhones and setting up new production sites as it seeks to further diversify beyond China. Foxconn is set to expand production of iPhones at… Continue reading The Knives Are Out in China’s EV Industry
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Dana’s Spicer Electrified Zero-8™ e-Axles Recognized by Heavy Duty Trucking as a Top 20 Product for 2023
MAUMEE, Ohio, March 2, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has been honored with Heavy Duty Trucking (HDT) magazine’s 2023 Top 20 Products Award for its Spicer Electrified Zero-8™ e-Axles. The family of single and tandem e-Axles are designed for a wide variety of Class 7 and 8 applications. Dana Incorporated… Continue reading Dana’s Spicer Electrified Zero-8™ e-Axles Recognized by Heavy Duty Trucking as a Top 20 Product for 2023
Don’t Buy Autoliv, Inc. (NYSE:ALV) For Its Next Dividend Without Doing These Checks
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Autoliv, Inc. (NYSE:ALV) is about to go ex-dividend in just 4 days. The ex-dividend date is one business day before a company’s record date, which is the date on which the… Continue reading Don’t Buy Autoliv, Inc. (NYSE:ALV) For Its Next Dividend Without Doing These Checks
Verisk (VRSK) Beats Earnings and Revenue Estimates in Q4
Verisk Analytics Inc. VRSK reported better-than-expected fourth-quarter 2022 results. Adjusted earnings (excluding $1.04 from non-recurring items) were $1.43, beating the Zacks Consensus Estimate by 22.2%. Such a beat was supported by strong segmental revenue growth and core operating leverage. Adjusted earnings decreased 2.7% on a year-over-year basis. Total revenues of $630 million surpassed the consensus estimate… Continue reading Verisk (VRSK) Beats Earnings and Revenue Estimates in Q4
GOODYEAR LAUNCHES THE NEW FUEL MAX 1AD TIRE FOR TOUGH SUPER-REGIONAL TRUCKING JOBS
The Fuel Max 1AD single-axle drive tire features the traction benefits and features needed to handle freight jobs and yard maneuvers with ease AKRON, Ohio, March 2, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the next addition to the purpose-driven Fuel Max lineup, the Fuel Max 1AD, for single-axle drive… Continue reading GOODYEAR LAUNCHES THE NEW FUEL MAX 1AD TIRE FOR TOUGH SUPER-REGIONAL TRUCKING JOBS
GOODYEAR’S JENNY PAIGE NAMED A 2023 WOMEN MAKE AMERICA AWARD HONOREE
AKRON, Ohio, March 1, 2023 /PRNewswire/ — The Manufacturing Institute (MI) – the workforce development and education partner of the National Association of Manufacturers – will celebrate The Goodyear Tire & Rubber Company’s (NASDAQ: GT) Jenny Paige at the 2023 Women MAKE America Awards gala in Washington, D.C. on April 20. Jenny Paige, a senior… Continue reading GOODYEAR’S JENNY PAIGE NAMED A 2023 WOMEN MAKE AMERICA AWARD HONOREE
Volkswagen Says No Human-Rights Abuses at Downsized Xinjiang Plant in China
Reuters Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps SAN FRANCISCO (Reuters) -Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle. More than… Continue reading Volkswagen Says No Human-Rights Abuses at Downsized Xinjiang Plant in China
NIO Q4 Loss Widens Y/Y, Sales Up, Vehicle Margins Plummet
NIO Inc. NIO incurred a loss per American Depositary Share (ADS) of 51 cents in the fourth quarter of 2022, wider than the year-ago loss of 21 cents amid lower vehicle margins and higher operating expenses, despite improved deliveries. This China-based electric vehicle (EV) maker posted revenues of $2,329 million, up 62.2% year over year on… Continue reading NIO Q4 Loss Widens Y/Y, Sales Up, Vehicle Margins Plummet
Q4 2022 NIO Inc Earnings Call
Participants Eve Tang Stanley Qu; VP of Finance; NIO Inc. Wei Feng; CFO; NIO Inc. William Li; Co-Founder, Chairman & CEO; NIO Inc. Paul Gong; HK and China Autos Analyst; UBS Investment Bank, Research Division Tim Hsiao; VP; Morgan Stanley, Research Division Xin Yu; Research Analyst; Deutsche Bank AG, Research Division Xue Deng; Analyst; China… Continue reading Q4 2022 NIO Inc Earnings Call
Nio (NIO) Q4 2022 Earnings Call Transcript
TipRanks ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks For more than a year now, the markets have been preoccupied by the Fed with the focus squarely on inflation’s trajectory and the central bank’s counter measures of rising interest rates. “With this in mind,” says Larry Adam, Chief Investment Officer at Raymond… Continue reading Nio (NIO) Q4 2022 Earnings Call Transcript