Goodyear Tire GT reported fourth-quarter 2022 adjusted earnings per share (EPS) of 7 cents, missing the Zacks Consensus Estimate of 17 cents. Lower-than-anticipated operating income in the Americas, EMEA segments and Asia Pacific, and lesser-than-expected sales in the Asia Pacific segment weighed on the results. The company generated net revenues of $5,374 million, rising 6.3%… Continue reading Goodyear’s (GT) Q4 Earnings Lag Estimates, Costs Hit Margins
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Magna to invest $470 million for expansion in Ontario
(Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the province. The expansion includes a 490,000-square-foot factory in Brampton that will be used to make battery enclosures for electric vehicles, including the Ford F-150… Continue reading Magna to invest $470 million for expansion in Ontario
Magna to invest $470 mln for expansion in Ontario
Feb 15 (Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the province. The expansion includes a 490,000-square-foot factory in Brampton that will be used to make battery enclosures for electric vehicles, including the… Continue reading Magna to invest $470 mln for expansion in Ontario
Eaton Partners With IES To Help Building Owners Make Energy Transition Plans
MORGES, SWITZERLAND / ACCESSWIRE / February 16, 2023 / Eaton, the intelligent power management company, has signed an agreement with IES, the world-renowned climate tech and building performance analytics firm, to develop approaches that will help building owners boost the sustainability of their buildings and prepare them for the energy transition. Using digital twins, Eaton… Continue reading Eaton Partners With IES To Help Building Owners Make Energy Transition Plans
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, Feb. 15, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The board declared a quarterly dividend of $0.10 per share, payable March 24, 2023, to holders of Dana common stock as of March 3. About… Continue reading Dana to Pay Dividend on Common Stock
7 Stocks to Buy for the Future of Transportation
The recent eruption of geopolitical flashpoints and environmental anxieties forces a rethink regarding the future of transportation stocks. For instance, just the global electric vehicle market may reach a valuation in excess of $1.1 trillion by 2030. Moreover, the burgeoning air taxi market – which should incorporate electric propulsion – may hit a sector revenue of… Continue reading 7 Stocks to Buy for the Future of Transportation
FAURECIA AND CUMMINS IN EXCLUSIVE NEGOTIATIONS REGARDING THE POTENTIAL SALE OF A DESIGNATED PART OF FAURECIA’S COMMERICAL VEHICLE EXHAUST BUSINESS IN EUROPE AND THE UNITED STATES
FAURECIA NANTERRE (FRANCE)FEBRUARY 16, 2023 FAURECIA AND CUMMINS IN EXCLUSIVE NEGOTIATIONS REGARDING THE POTENTIAL SALE OF A DESIGNATED PART OF FAURECIA’S COMMERICAL VEHICLE EXHAUST BUSINESS IN EUROPE AND THE UNITED STATES Faurecia, a company of the FORVIA Group, has entered into exclusive negotiations with Cummins for the potential sale of a designated part of its… Continue reading FAURECIA AND CUMMINS IN EXCLUSIVE NEGOTIATIONS REGARDING THE POTENTIAL SALE OF A DESIGNATED PART OF FAURECIA’S COMMERICAL VEHICLE EXHAUST BUSINESS IN EUROPE AND THE UNITED STATES
With increasing R&D investment, GWM discloses Over 6,000 Patents
BAODING, China, Feb. 16, 2023 /PRNewswire/ — Recently, the 2022 list released by AutoPat, the global automotive patent big data platform, shows that GWM owned 6,042 patent disclosures and 4,652 patent authorizations, with a year-on-year increase of 62.86% and 42.87% respectively. With increasing R&D investment, GWM discloses Over 6,000 Patents (PRNewsfoto/GWM) Moreover, in the NEV… Continue reading With increasing R&D investment, GWM discloses Over 6,000 Patents
NIO Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on Wednesday, March 1, 2023
SHANGHAI, China, Feb. 16, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its fourth quarter and full year 2022 unaudited financial results on Wednesday, March 1, 2023, before… Continue reading NIO Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on Wednesday, March 1, 2023
12 Most Promising EV Stocks According to Analysts
In this article, we will look at the 12 most promising EV stocks to buy now according to analysts. If you want to explore similar stocks, you can also take a look at 5 Most Promising EV Stocks According to Analysts. The Global EV Industry: An Analysis The global electric vehicle (EV) industry is experiencing… Continue reading 12 Most Promising EV Stocks According to Analysts