Allison (ALSN) Boosts eGen Power Axles Through Partnerships

To expand its propulsion solutions, Allison Transmission ALSN formed a strategic cooperation agreement with Anadolu Isuzu, Turkey’s top manufacturer of buses and trucks. Per the agreement, Allison will supply its eGen Power 100S electric axles to Anadolu Isuzu. These will be integrated with Anadolu Isuzu’s light-duty truck and midibus platforms for application in refuse, distribution… Continue reading Allison (ALSN) Boosts eGen Power Axles Through Partnerships

Zacks.com featured highlights include BorgWarner, Phillips 66, The GEO Group, Patrick Industries and Ford

For Immediate Release Chicago, IL – September 21, 2022 – Stocks in this week’s article are BorgWarner BWA, Phillips 66 PSX, The GEO Group GEO, Patrick Industries PATK and Ford Motor Co. F. 5 Low Price-to-Book Stocks Suitable for Value Investors The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks… Continue reading Zacks.com featured highlights include BorgWarner, Phillips 66, The GEO Group, Patrick Industries and Ford

Volksagen (VWAGY) to Bolster ID.Buzz Capacity on Demand Surge

Volkswagen AG’s VWAGY newly launched all-electric van, the ID.Buzz, witnesses a tremendous demand wave, with the current preorder figure reaching 12,500 from 10,000 in a month. Interestingly, more than 6,000 preorders, almost half the total, are for the ID.Buzz Cargo. For a recently placed order, the delivery is expected at the end of the first… Continue reading Volksagen (VWAGY) to Bolster ID.Buzz Capacity on Demand Surge

10 Chinese Stocks to Avoid Amid Economic Slowdown

In this article, we discuss the 10 Chinese stocks to avoid amid economic slowdown. If you want to read about some Chinese stocks, go directly to 5 Chinese Stocks to Avoid Amid Economic Slowdown. Investors around the world have been impacted from the prolonged COVID-19 policies of the Chinese government that have slowed down growth… Continue reading 10 Chinese Stocks to Avoid Amid Economic Slowdown

Auto Roundup: General Motors (GM) & Ford (F) Make a Splash With Key Updates

Last week, Detroit’s auto show was held after a 3-year hiatus due to the COVID-19 pandemic. However, this time it was a less glitzy affair with fewer model debuts and lower attendance. Among some of the key reveals were the 2023 Jeep Wrangler Willys 4xe, 2024 Chevy Blazer EV, 2023 Chrysler 300C, 2024 Chevy Equinox… Continue reading Auto Roundup: General Motors (GM) & Ford (F) Make a Splash With Key Updates

5 Low Price-to-Book Stocks Suitable for Value Investors

The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value. The P/B ratio is calculated as below: P/B ratio = market price per share/book value of equity per share P/B ratio reflects how many… Continue reading 5 Low Price-to-Book Stocks Suitable for Value Investors

BorgWarner to buy EV charging business of China-based Hubei SSE

BorgWarner Inc. announced Tuesday and equity transfer agreement to buy the electric vehicle (EV) charging business of China-based Hubei Surpass Sun Electric (SSE) in a deal valued at up to RMB410 million ($58.5 million). The deal includes RMB267 million to be delivered around the closing, which is expected to occur in the first quarter of… Continue reading BorgWarner to buy EV charging business of China-based Hubei SSE

Professor Behind $12 Billion Empire Fuels China’s Tech Rise

(Bloomberg) — Li Zexiang grew up in rural China during the Cultural Revolution, when capitalists were the enemy. Now the 61-year-old academic has quietly emerged as one of the country’s most successful angel investors, backing more than 60 startups including drone giant DJI. Most Read from Bloomberg Li was among the first Chinese to study… Continue reading Professor Behind $12 Billion Empire Fuels China’s Tech Rise

China’s EV Startups Suffer Widening Losses Despite Sales Boom

TipRanks Fisker, Rivian or Lucid: Which EV Stock Is the Better Buy? Everyone knows by now, traditional ICE vehicles are on their way out, fast driven to obsolescence by electric vehicles (EVs). In fact, according to Needham’s clean tech analyst Vikram Bagri, EV adoption is “progressing faster than expected.” Realistically, this is not much of… Continue reading China’s EV Startups Suffer Widening Losses Despite Sales Boom

BWA or GNTX: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Automotive – Original Equipment sector have probably already heard of BorgWarner (BWA) and Gentex (GNTX). But which of these two stocks presents investors with the better value opportunity right now? Let’s take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes… Continue reading BWA or GNTX: Which Is the Better Value Stock Right Now?