In an important announcement, General Motors GM recently laid out a plan to invest $491 million at the GM Marion Stamping plant in Marion, IN. This is to prepare the facility for manufacturing steel and aluminum stamped parts for future vehicles, including electric cars made at various GM assembly plants. This Indiana facility of General… Continue reading General Motors (GM) $491M Investment to Spurt EV Growth
Author: Yarhow_Finance Online News
Why Nio, Ford, and Lucid Stocks All Fell Today
Reuters EMERGING MARKETS-Growth slowdown fears pressure Latam assets * Peru’s GDP expands 1.41% in July as growth pace slows * Brazil’s IGP-10 price index falls 0.90% in Sept * Argentina draft budget sees 2023 inflation at 60%, growth at 2% * Gol to pay $41 mln to resolve bribery probes; shares plunge (Updates prices) By… Continue reading Why Nio, Ford, and Lucid Stocks All Fell Today
Tesla Stock Vs. BYD Stock: TSLA Holds Key Support; EV Rival Sets Huge 2023 Goal
TipRanks ‘Wait for the Year-End Rally,’ Says Morgan Stanley; Here Are 2 Stocks to Play That Bullish Outlook After three months of highly volatile trading, which have seen the S&P 500 drop down toward 3,600, rally up to 4,300, and fall back down to 3,900, investors can be forgiven for feeling some whiplash. The question… Continue reading Tesla Stock Vs. BYD Stock: TSLA Holds Key Support; EV Rival Sets Huge 2023 Goal
EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?
EVgo Inc. (EVGO) shares ended the last trading session 9.2% higher at $10.14. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 13.5% loss over the past four weeks. Shares of EVgo surged yesterday on increasing optimism surrounding the EV charging… Continue reading EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?
Tap These 4 Stocks With Amazing Interest Coverage Ratio
An ill-informed investor can lose cash if he wagers on a stock only on the basis of the numbers flashing on a real-time stock screen. A critical analysis of the company’s financial background is always required for a better investment decision, especially at a time when the stock market is juggling myriad issues, such as… Continue reading Tap These 4 Stocks With Amazing Interest Coverage Ratio
Webcast Alert: BorgWarner 2022 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Sept. 15, 2022 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) announces the following Webcast: BorgWarner Logo (PRNewsfoto/BorgWarner) What: BorgWarner 2022 Third Quarter Results Conference Call When: October 27, 2022 @ 9:30am Eastern Time Where: … Continue reading Webcast Alert: BorgWarner 2022 Third Quarter Results Conference Call
General Motors (GM) Inks New Supply Contract to Boost EV Game
General Motors GM has struck a deal with Lear Corp LEA, per which the latter will supply electrification technologies for the U.S. auto giant’s Ultium electric vehicle (EV) platform. The technologies that would be provided by Lear include battery disconnect units, intercell connect boards and wire harnesses. The financial terms of the deal have been under… Continue reading General Motors (GM) Inks New Supply Contract to Boost EV Game
These ETFs are capitalizing on the luxury goods boom
From couture fashion to high-end automobiles, it seems luxury buyers can’t get enough. High-end retailer Neiman Marcus says 2% of its customers account for 40% of sales, and those wealthy customers are buying the retailer’s luxury brands. Neiman says the top 20 brands on offer are all high-end brands. Luxury outfitter Canada Goose (GOOS), which… Continue reading These ETFs are capitalizing on the luxury goods boom
Why Nio Shares Are on Track for Double-Digit Gains This Week
Reuters Videos Zelenskiy visits retaken town as U.S. mulls more aid STORY: A dramatic moment on video, as a mother is reunited with her son after six months of Russian occupation, said to be in a town near Kharkiv recaptured by Ukrainian forces…. coming as the White House says another aid package could be on… Continue reading Why Nio Shares Are on Track for Double-Digit Gains This Week
Lear Wins New Business With GM – What’s The Benefit?
Reuters UPDATE 3-Biden hops into Corvette, declares Detroit ‘back’ at EV-focused auto show President Joe Biden took a victory lap on Wednesday at the Detroit auto show as he highlighted automakers’ electric-vehicle push, including billions of dollars in investments in battery plants, on the back of new government support. Self-declared “car guy” Biden climbed into… Continue reading Lear Wins New Business With GM – What’s The Benefit?