Yahoo Finance’s Brian Sozzi takes a deep dive into the processes and costs that go into creating Goodyear’s prestige racing tires for Nascar and the NHRA. Video Transcript BRIAN SOZZI: Goodyear has had a long, storied 100 year history in the sport of racing. It all began for Goodyear back in 1901, when Ford founder… Continue reading The road to creating Goodyear racing tires
Author: Yarhow_Finance Online News
IAA Mobility 2021 Munich: Magna to Present Future Ready Portfolio
Magna IAA Booth The Power of Magna to be on full display at IAA in Munich, Hall B3 The Power of Magna to be on full display at IAA in Munich, Hall B3 Full range of innovative sustainable vehicle systems on display Magna exhibit located at IAA Hall B3, Booth C60 The Power of Magna… Continue reading IAA Mobility 2021 Munich: Magna to Present Future Ready Portfolio
Why This Electric Vehicle Stock Crashed 35% Today
Reuters Wildfire menaces California’s Lake Tahoe area after chasing away thousands TRUCKEE, Calif. (Reuters) -Firefighters waged an all-out battle in heavy winds on Tuesday to protect homes on the fringe of tinder-dry forests near Lake Tahoe from a wildfire that has chased thousands of people from the popular resort destination in California’s Sierra Nevada range.… Continue reading Why This Electric Vehicle Stock Crashed 35% Today
Dana Launches e-Axle Production for Freightliner Custom Chassis Corporation Zero-Emission Electric Delivery Vehicle
LONG BEACH, Calif., Sept. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it will begin production of its eS9000r e-Axle – the first in a line of Spicer Electrified™ Zero-6 e-Axles – to support the market launch of the Freightliner Custom Chassis Corporation (FCCC) all-electric MT50e medium-duty last-mile delivery vehicle. Dana Incorporated… Continue reading Dana Launches e-Axle Production for Freightliner Custom Chassis Corporation Zero-Emission Electric Delivery Vehicle
Dana Launches e-Axles for Class 7 and 8 Vehicles, Expanding Commercially Available Heavy-Duty e-Powertrain Offerings
LONG BEACH, Calif., Sept. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced an expansion of its Spicer Electrified™ e-Powertrain offerings to include a family of single and tandem e-Axles designed for a wide variety of Class 7 and 8 applications. The Spicer Electrified™ Zero-8 e-Axles complement Dana’s established heavy-duty electric-vehicle (EV) e-Propulsion systems,… Continue reading Dana Launches e-Axles for Class 7 and 8 Vehicles, Expanding Commercially Available Heavy-Duty e-Powertrain Offerings
Nio slumps over Q3 deliveries cut, Xpeng falls on manufacturing shift
Nio shares fell on Tuesday after the company cut its Q3 delivery outlook. Meanwhile, Xpeng shares dive despite August deliveries nearly tripling in 2021. Yahoo Finance’s Myles Udland and Brian Sozzi share the details. Video Transcript – All right. Let’s talk about some news here, Sozzi. And I know you’ve had your eyes on Chinese… Continue reading Nio slumps over Q3 deliveries cut, Xpeng falls on manufacturing shift
Are NIO, LI & XPEV Worth the Wager Post Q2 Results?
Not too long ago, Tesla TSLA was the only notable name in the electric vehicle (EV) space. Nevertheless, over the last couple of years, considering heightening climate concerns and Tesla’s massive success, legacy automakers have started pouring billions of dollars to electrify their portfolio. Pure-play EV startups have also been on the rise as investors… Continue reading Are NIO, LI & XPEV Worth the Wager Post Q2 Results?
Nio Lowers Q3 Forecast After August Deliveries Plunge Amid Supply Chain Disruptions
Chinese EV startup NIO Inc. (NYSE: NIO) reported Wednesday a month-over-month drop in August’s vehicle deliveries and trimmed its third-quarter deliveries outlook. The company attributed supply chain disruptions for the soft August numbers and the tempered third-quarter forecast. Signaling strong demand for its vehicles, the company said its new orders were are at a record… Continue reading Nio Lowers Q3 Forecast After August Deliveries Plunge Amid Supply Chain Disruptions
An Intrinsic Calculation For Magna International Inc. (TSE:MG) Suggests It’s 39% Undervalued
How far off is Magna International Inc. (TSE:MG) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion.… Continue reading An Intrinsic Calculation For Magna International Inc. (TSE:MG) Suggests It’s 39% Undervalued
Earnings growth outpaced the notable 77% return delivered to Linamar (TSE:LNR) shareholders over the last year
While Linamar Corporation (TSE:LNR) shareholders are probably generally happy, the stock hasn’t had particularly good run recently, with the share price falling 13% in the last quarter. But looking back over the last year, the returns have actually been rather pleasing! After all, the share price is up a market-beating 75% in that time. The… Continue reading Earnings growth outpaced the notable 77% return delivered to Linamar (TSE:LNR) shareholders over the last year