(Bloomberg) — In Europe, a flurry of Chinese carmakers are trying to unseat storied legacy brands. Half a world away and far from the buzz of the Paris motor show, a similar revolution is playing out in Southeast Asia, in Thailand, where China’s auto manufacturers are facing off against Japanese incumbents. Most Read from Bloomberg… Continue reading China’s Electric Carmakers Eye Thailand in Next Sales Push
Author: Yarhow_Finance Online News
NIO Inc. (NIO) Gains As Market Dips: What You Should Know
NIO Inc. (NIO) closed at $9.71 in the latest trading session, marking a +0.41% move from the prior day. This change outpaced the S&P 500’s 0.41% loss on the day. Elsewhere, the Dow lost 0.24%, while the tech-heavy Nasdaq lost 0.09%. Coming into today, shares of the company had lost 37.57% in the past month.… Continue reading NIO Inc. (NIO) Gains As Market Dips: What You Should Know
XPeng stock swings to a loss after drop in monthly deliveries, while other China-based EVs surge
TipRanks Keep on Buying These 3 Chip Stocks Ahead of Earnings, Says Analyst Last week, earnings season reached a crescendo of sorts, and it was a massively out of tune climax. All the tech giants reported, and barring Apple, all faltered badly, weighed down by the tough economic backdrop amidst waning demand and fears of… Continue reading XPeng stock swings to a loss after drop in monthly deliveries, while other China-based EVs surge
Why EV Stocks Nio, Rivian, and Li Auto Were Volatile Today
Benzinga Shares Of Chinese EV Makers XPeng, Li Auto Gain After Robust October Vehicle Deliveries Chinese smart electric vehicle makers XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI) delivered 5,101 and 10,052 vehicles, respectively, in October 2022. XPeng’s deliveries consisted of 2,104 smart sports sedan, P7s, 1,665 smart family sedans, P5s and 709… Continue reading Why EV Stocks Nio, Rivian, and Li Auto Were Volatile Today
Lear (LEA) Q3 Earnings and Revenues Top Estimates
Lear (LEA) came out with quarterly earnings of $2.33 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.88%. A quarter ago, it was expected that this… Continue reading Lear (LEA) Q3 Earnings and Revenues Top Estimates
Lear Reports Third Quarter 2022 Results
SOUTHFIELD, Mich., Nov. 1, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2022. Third Quarter 2022 Highlights Sales increased 23% to $5.2 billion, compared to $4.3 billion in the third quarter of 2021 Net income (loss) of $92 million and… Continue reading Lear Reports Third Quarter 2022 Results
Transforming Manufacturing Waste to Protect the Environment
NORTHAMPTON, MA / ACCESSWIRE / November 1, 2022 / Eaton Eaton, Tuesday, November 1, 2022, Press release picture In Bosconero, Italy, we’re reducing our site’s environmental footprint, slashing waste to landfill, and lowering our consumption of raw materials with a different approach to the grinding sludge produced in our oil filtration activities. Part of our… Continue reading Transforming Manufacturing Waste to Protect the Environment
Eaton (ETN) Beats Q3 Earnings Estimates
Eaton (ETN) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.50%. A quarter ago, it was expected that this… Continue reading Eaton (ETN) Beats Q3 Earnings Estimates
Eaton Reports Record Third Quarter 2022 Results
DUBLIN, November 01, 2022–(BUSINESS WIRE)–Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.52 for the third quarter of 2022. Excluding charges of $0.25 per share related to intangible amortization, $0.21 per share related to acquisitions and divestitures, and $0.04 per share related to a multi-year restructuring program, adjusted… Continue reading Eaton Reports Record Third Quarter 2022 Results
The Zacks Analyst Blog Highlights General Motors, Ford, PACCAR, O’Reilly Automotive and BorgWarner
For Immediate Release Chicago, IL – November 1, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: General Motors GM, Ford F, PACCAR PCAR, O’Reilly… Continue reading The Zacks Analyst Blog Highlights General Motors, Ford, PACCAR, O’Reilly Automotive and BorgWarner