(Bloomberg) — Faurecia SE is exploring the sale of some non-core assets after completing its purchase of German automotive supplier Hella GmbH, according to people familiar with the matter. Most Read from Bloomberg The French auto parts group is working with advisers as it weighs selling its emissions-control unit and Hella’s special applications division, the… Continue reading Faurecia Exploring Asset Sales After Hella Deal Completion
Author: Yarhow_Finance Online News
What Didi’s ‘train wreck’ delisting means for US-listed Chinese companies
Just 11-months after making a splash in a $4.4 billion IPO, Didi shareholders made official Monday what has long been considered inevitable and approved a plan to delist its shares from the New York Stock Exchange. With formal paperwork now set to be filed with the Securities and Exchange Committee on June 2nd, Didi becomes… Continue reading What Didi’s ‘train wreck’ delisting means for US-listed Chinese companies
Why Nio Stock Fell Again Today
Motley Fool Why Nio Stock Is Falling Today Nio investors are worried that if XPeng is continuing to feel the pinch from strict COVID regulations in China, then Nio will, too. Both Nio and XPeng are based in China, and the Chinese government has a strict “zero-COVID” policy that requires companies, production facilities, and even… Continue reading Why Nio Stock Fell Again Today
Mobile EV charging can eliminate ‘charging deserts,’ SparkCharge CEO says
SparkCharge Founder & CEO Josh Aviv joins Yahoo Finance Live to discuss electric vehicle (EV) charging through the company’s ‘Roadie’ mobile app, growth, and the outlook for on-demand charging. Video Transcript AKIKO FUJITA: Well, about 4% of new cars sold last year in the US were electric. That’s up 50% from 2020. And their popularity… Continue reading Mobile EV charging can eliminate ‘charging deserts,’ SparkCharge CEO says
Time to Turn Bullish on NIO Stock? This 5-Star Analyst Thinks So
With a loss of 50% year-to-date, NIO (NIO) shares have been the victim of several negative developments in 2022. These include rotation away from growth, supply chain snags impacting production and the fear of U.S. delisting for Chinese stocks. And most recently, zero-Covid policies have sent large parts of China into lockdown again. But following… Continue reading Time to Turn Bullish on NIO Stock? This 5-Star Analyst Thinks So
Why Nio Stock Is Falling Today
Nio investors are worried that if XPeng is continuing to feel the pinch from strict COVID regulations in China, then Nio will, too. Both Nio and XPeng are based in China, and the Chinese government has a strict “zero-COVID” policy that requires companies, production facilities, and even cities to shut down when coronavirus cases are… Continue reading Why Nio Stock Is Falling Today
Didi proceeds with NYSE delisting
Yahoo Finance Live anchors discuss China stocks as Didi proceeds to delist from the New York Stock Exchange. Video Transcript AKIKO FUJITA: Well, Chinese ride-hailing giant DiDi will officially delist from the New York Stock Exchange. Shareholders approved the decision at the extraordinary general meeting held in Beijing today. The company says it plans to… Continue reading Didi proceeds with NYSE delisting
10 EV Stocks to Buy According to Cathie Wood
In this article, we discuss 10 EV stocks to buy according to Cathie Wood. If you want to read about some more EV stocks in the Wood portfolio, go directly to 5 EV Stocks to Buy According to Cathie Wood. Cathie Wood of ARK Investment Management is one of the most prominent growth investors on… Continue reading 10 EV Stocks to Buy According to Cathie Wood
Bullish insiders bet US$1.5m on Magna International Inc. (TSE:MG)
Multiple insiders secured a larger position in Magna International Inc. (TSE:MG) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company’s prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we… Continue reading Bullish insiders bet US$1.5m on Magna International Inc. (TSE:MG)
Auto Roundup: LEA’s Twin Buyouts, GPI’s Investor-Friendly Moves and More
Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for April 2022. The European Union (EU) passenger vehicle market contracted 20.6% in April to 684,506 units amid chip woes aggravated by the Russia-Ukraine war. Most of the countries in the EU witnessed a double-digit drop in registrations, including four key… Continue reading Auto Roundup: LEA’s Twin Buyouts, GPI’s Investor-Friendly Moves and More