Oshkosh Corporation OSK has won a contract worth $591.61 million from the U.S. Department of Defense (“DoD”) to produce 1,669 Joint Light Tactical Vehicle (JLTV) trucks and 868 trailers and associated kits and parts. The government body has stated that the vehicles are to be used by all divisions of the U.S. military (Army, Marines,… Continue reading Oshkosh (OSK) Secures $591.61 Million Contract From DoD
Author: Yarhow_Finance Online News
NIO & Shell Strike Deal to Enhance EV Driver Experience
NIO Inc. NIO recently announced a partnership with energy giant Royal Dutch Shell (RDS.A) to enhance the charging experience for electric vehicle (EV) customers by jointly constructing and operating a network of co-branded battery swapping stations. The agreement encompasses a plan to develop a network of 100 battery swapping stations in China by 2025, starting… Continue reading NIO & Shell Strike Deal to Enhance EV Driver Experience
Fisker unveils ‘world’s most sustainable vehicle’ as electric vehicle competition heats up
It seems among the investor community, all everyone talks about are the EV (electric vehicle) stocks – and only the big ones at that – Tesla (TSLA), Rivian (RIVN), and Lucid (LCID). One EV company that’s been flying under the radar, that is until it had big news at this year’s Los Angeles Auto show… Continue reading Fisker unveils ‘world’s most sustainable vehicle’ as electric vehicle competition heats up
Faurecia will hold 79.5% of Hella and will be able to implement strategy for accelerating value creation as from Day 1 after closing
Nanterre (France), November 16, 2021 FINAL RESULTS OF FAURECIA TAKEOVER OFFER FOR HELLA FAURECIA WILL HOLD 79.5% OF HELLA AND WILL BE ABLE TO IMPLEMENT STRATEGY FOR ACCELERATING VALUE CREATION AS FROM DAY 1 AFTER CLOSING The additional acceptance period for the voluntary public takeover offer launched on 27 September 2021 by Faurecia for Hella… Continue reading Faurecia will hold 79.5% of Hella and will be able to implement strategy for accelerating value creation as from Day 1 after closing
Dana Launches $350 Million Senior Notes Offering
MAUMEE, Ohio, Nov. 15, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it is commencing, subject to market conditions, a registered offering of $350 million aggregate principal amount of senior unsecured notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay… Continue reading Dana Launches $350 Million Senior Notes Offering
Adient will participate at the Barclays Global Automotive and Mobility Tech Conference
PLYMOUTH, Mich., Nov. 12, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will present at the Barclays Global Automotive and Mobility Tech Conference on Wednesday, Nov. 17, 2021. Adient’s president and chief executive officer, Doug Del Grosso, and executive vice president and chief financial officer, Jeff Stafeil, will be participating in… Continue reading Adient will participate at the Barclays Global Automotive and Mobility Tech Conference
NIO’s (NYSE:NIO) Road to High Margins is Paved With Dilutive Intentions
This article first appeared on Simply Wall St News. After a breakthrough in 2020, NIO Inc.(NYSE: NIO)hit the roadblock in 2021, with periods of extreme volatility – typical for a high growth stock in a dynamic environment. While the EV market has been like a tide, lifting everything in the path, eventually, that tide will… Continue reading NIO’s (NYSE:NIO) Road to High Margins is Paved With Dilutive Intentions
Rivian IPO reveals one big thing, says Luminar founder
Luminar’s founder and CEO Austin Russell hasn’t met fellow trailblazing Rivian founder and CEO RJ Scaringe. But he doesn’t need that one-on-one to understand the message from Rivian’s wildly successful debut on the Nasdaq this week. “The Rivian IPO is awesome to see, the success there. I think it does show the level of disruption… Continue reading Rivian IPO reveals one big thing, says Luminar founder
Dana Incorporated to Participate in Barclays Global Automotive and Mobility Tech Conference
MAUMEE, Ohio, Nov. 12, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the Barclays Global Automotive and Mobility Tech Conference on Nov. 18, 2021. Beginning at 10 a.m. EST, Dana’s Chairman and Chief Executive Officer James Kamsickas and Executive Vice President and Chief Financial Officer Jonathan Collins will provide a… Continue reading Dana Incorporated to Participate in Barclays Global Automotive and Mobility Tech Conference
Aptiv PLC (NYSE:APTV) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
With its stock down 4.8% over the past week, it is easy to disregard Aptiv (NYSE:APTV). However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Specifically, we decided to study Aptiv’s ROE in this article. Return on Equity or ROE is a… Continue reading Aptiv PLC (NYSE:APTV) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?