Dana to Pay Dividend on Common Stock

MAUMEE, Ohio, Oct. 26, 2022 /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 Dec. 2, 2022, to holders of Dana common stock as of Nov. 11.… Continue reading Dana to Pay Dividend on Common Stock

BorgWarner Announces Latest Addition to the Borg-Warner Trophy®: 2022 Indianapolis 500 Winner Marcus Ericsson

AUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/ — Marcus Ericsson has solidified his place in BorgWarner history by becoming the 109th face to be affixed to the Borg-Warner Trophy following his victory at the 106th Indianapolis 500. Ericsson’s sterling silver image was officially unveiled during a ceremony at Union 50 in downtown Indianapolis as part… Continue reading BorgWarner Announces Latest Addition to the Borg-Warner Trophy®: 2022 Indianapolis 500 Winner Marcus Ericsson

BorgWarner’s iDM Powers a Leading Chinese Automobile Manufacturer, Creating Better Driving Experience

BorgWarner to supply a Chinese automobile manufacturer with its integrated drive module (iDM) for a P4 hybrid architecture High voltage iDM has high power density and high torque output Inverter equipped with patented dual-side cooled Viper power switch technology to reduce weight and size while increasing power density AUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/… Continue reading BorgWarner’s iDM Powers a Leading Chinese Automobile Manufacturer, Creating Better Driving Experience

BorgWarner to Supply Electric Motors for E-Axles of European Commercial Vehicle OEM

BorgWarner HVH250 electric motor will power e-axle for light duty commercial trucks Two BorgWarner electric motors per e-axle The company’s eMotor delivers peak efficiencies of more than 95 percent AUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/ — BorgWarner’s HVH250 electric motor has been selected to power a European customer’s e-axle for light-duty commercial trucks. This e-axle… Continue reading BorgWarner to Supply Electric Motors for E-Axles of European Commercial Vehicle OEM

Aptiv PLC (APTV) Reports Next Week: Wall Street Expects Earnings Growth

The market expects Aptiv PLC (APTV) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare… Continue reading Aptiv PLC (APTV) Reports Next Week: Wall Street Expects Earnings Growth

Want Better Returns? Don’t Ignore These 2 Auto-Tires-Trucks Stocks Set to Beat Earnings

Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important. Life and the stock market are… Continue reading Want Better Returns? Don’t Ignore These 2 Auto-Tires-Trucks Stocks Set to Beat Earnings

Why Shares of Nio, RLX Technology, and Lufax Rose Today

Shares of most Chinese stocks trading on U.S. exchanges moved higher Wednesday after a sharp sell-off Monday following the end of the Chinese Communist Party’s (CCP) National Congress over the weekend. Near the conclusion of that event, President Xi Jinping secured his third term as party leader, breaking with a longstanding tradition of Chinese leaders… Continue reading Why Shares of Nio, RLX Technology, and Lufax Rose Today

NIO Inc. (NIO) Gains As Market Dips: What You Should Know

NIO Inc. (NIO) closed at $10.81 in the latest trading session, marking a +1.69% move from the prior day. The stock outpaced the S&P 500’s daily loss of 0.74%. Elsewhere, the Dow gained 0.01%, while the tech-heavy Nasdaq lost 0.01%. Coming into today, shares of the company had lost 38.16% in the past month. In… Continue reading NIO Inc. (NIO) Gains As Market Dips: What You Should Know

10 Cheap Chinese Stocks To Buy Now

In this article, we discuss 10 cheap Chinese stocks to buy now. If you want to see more stocks in this selection, check out 5 Cheap Chinese Stocks To Buy Now.  The Chinese market is looking bleak as President Xi Jinping enforces Covid Zero initiatives just as investors were rejoicing a rally in stocks. Wuhan… Continue reading 10 Cheap Chinese Stocks To Buy Now

Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

Magna International Inc. Magna’s 48-Volt hybrid transmission system launches on several Stellantis models around the globe Magna’s 48-Volt hybrid transmission system launches on several Stellantis models around the globe Magna’s 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo Production taking place in Magna’s Slovakia… Continue reading Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis