Global Review 2022: GWM Expands Its Global Layout, Empowered by Forest Ecosystem

BAODING, China, Jan. 20, 2023 /CNW/ — On January 16, a documentary featuring GWM went on air, depicting the advantages of GWM in hybrid, power batteries, intelligentization and its global strategic layout. In 2022, GWM moved forward the globalization strategy steadily through the Forest Ecosystem even under the continuous impact of factors challenging the global automobile market, such as… Continue reading Global Review 2022: GWM Expands Its Global Layout, Empowered by Forest Ecosystem

Tesla Stock Vs. BYD Stock: TSLA Rebounds After Big Price Cuts; BYD Soars In New Year Amid Global Expansion

Reuters Airbus to win 235 single-aisle jet order under Air India relaunch -sources DELHI/PARIS (Reuters) -European planemaker Airbus is set to win an order for 235 single-aisle planes as part of a historic purchase of some 495 jets due to be announced by a resurgent Air India on Jan. 27, industry sources told Reuters. The… Continue reading Tesla Stock Vs. BYD Stock: TSLA Rebounds After Big Price Cuts; BYD Soars In New Year Amid Global Expansion

Linamar Corporation’s (TSE:LNR) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Linamar (TSE:LNR) has had a great run on the share market with its stock up by a significant 19% over the last three months. But the company’s key financial indicators appear to be differing across the board and that makes us question whether or not the company’s current share price momentum can be maintained. In… Continue reading Linamar Corporation’s (TSE:LNR) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Continental falls to bottom of DAX after cutting full-year profit guidance

By Geoffrey Smith Investing.com — Shares in Continental (ETR:CONG) (OTC:CTTAY) fell on Wednesday after the German-based tire giant cut its profit outlook for 2022, after COVID-related disruptions to its business in China at the end of the year caused a late slump in cash flow at one of its divisions. Continental said that its ContiTech… Continue reading Continental falls to bottom of DAX after cutting full-year profit guidance

Faurecia completes the refinancing of the HELLA acquisition

FAURECIA NANTERRE (FRANCE)JANUARY 18, 2023 FAURECIA ENTIRELY REFINANCED THE HELLA ACQUISITION THROUGH PRICING AN ADDITIONAL €250 MILLION OF SUSTAINABILITY-LINKED SENIOR NOTES Faurecia S.E., a company of the FORVIA group, announces that it has successfully priced today the New Notes, sustainability-linked 7.25% senior notes due 2026 (the “New Notes”) following a private placement arranged by BNP… Continue reading Faurecia completes the refinancing of the HELLA acquisition

UPDATE 1-Sacked GM workers in India sue company, CEO Barra for unpaid compensation

(Adds GM comment, paragraph 6) By Aditi Shah and Arpan Chaturvedi NEW DELHI, Jan 19 (Reuters) – A union in India has sued General Motors’ local unit and its global CEO for failing to pay court-ordered compensation to sacked factory workers, deepening the U.S. automaker’s struggles to exit the country years after it shuttered local… Continue reading UPDATE 1-Sacked GM workers in India sue company, CEO Barra for unpaid compensation

Sacked GM workers in India sue company, CEO Barra for unpaid compensation

By Aditi Shah and Arpan Chaturvedi NEW DELHI, Jan 19 (Reuters) – A union in India has sued General Motors’ local unit and its global CEO for failing to pay court-ordered compensation to sacked factory workers, deepening the U.S. automaker’s struggles to exit the country years after it shuttered local operations. GM stopped selling cars… Continue reading Sacked GM workers in India sue company, CEO Barra for unpaid compensation

CATL and NIO Enter Into Comprehensive Strategic Partnership

NINGDE, China, Jan. 18, 2023 /PRNewswire/ — On January 17, CATL and NIO signed a five-year comprehensive strategic cooperation agreement in the city of Ningde, Southeast China’s Fujian Province. Wei Zhu, executive president of passenger vehicle business unit of CATL, and Alan Zeng, senior vice president of NIO, signed the agreement. Dr. Robin Zeng, founder, chairman… Continue reading CATL and NIO Enter Into Comprehensive Strategic Partnership

CATL and UL Solutions Join Forces to Advance Battery Safety and Performance

CATL laboratory kicks off initiative to achieve UL Solutions Witness Test Data Program status for UL 9540A, allowing the company to offer comprehensive battery energy storage system testing. The new collaboration sets the stage to help create safer, widespread deployment of key renewable, zero-emission energy sources. NINGDE, China, Jan. 18, 2023 /PRNewswire/ — On January… Continue reading CATL and UL Solutions Join Forces to Advance Battery Safety and Performance

Magna’s ClearView™ Vision System Comes to Market on Ram Trucks

Magna International Inc. Magna ClearView™ The ClearView™ displays a customizable live video feed from multiple rear-facing cameras (image by Stellantis) Complete vision system with first-to-market features Combines interior and exterior mirrors, cameras, electronics and software Launched on Ram 2500 and 3500 Heavy Duty models AURORA, Ontario, Jan. 18, 2023 (GLOBE NEWSWIRE) — Magna’s advanced ClearView™… Continue reading Magna’s ClearView™ Vision System Comes to Market on Ram Trucks