Key Highlights Sales of $2.64 billion, an increase of $164 million or 7 percent over last year Net income attributable to Dana of $28 million, an increase of $11 million over last year Diluted EPS of $0.19; diluted adjusted EPS of $0.25, an increase of $0.09 per share Adjusted EBITDA of $204 million, an increase… Continue reading Dana Incorporated Reports 2023 First-quarter Financial Results with Record Sales and Higher Profit
Category: Automotive
LAZYDAYS OPENS NEW DEALERSHIP IN COUNCIL BLUFFS, IOWA
TAMPA, Fla., April 28, 2023 /PRNewswire/ — Lazydays (NasdaqCM: LAZY) announced the opening of our new dealership in Council Bluffs, Iowa located just east of Omaha, Nebraska on April 24th. The store is our 20th location nationwide and is expected to add approximately $35 million in annualized revenue at steady state. Lazydays RV of Council… Continue reading LAZYDAYS OPENS NEW DEALERSHIP IN COUNCIL BLUFFS, IOWA
This Week in Travel News: 11 Stories You Need to See
A roundup of the week’s most newsworthy travel industry press releases from PR Newswire, including summer travel trends and free camping locations across the U.S. NEW YORK, April 28, 2023 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists… Continue reading This Week in Travel News: 11 Stories You Need to See
Tesla drops price of Model Y 7-seat option to $3K, from $4K
Tesla has lowered the price of its seven-seat, third-row option for its popular Model Y SUV to $3,000, down from $4,000 previously. The change is the latest among several recent price changes for Tesla as inventory reaches a new high. The standard Model Y includes five seats, but buyers can upgrade to an option for… Continue reading Tesla drops price of Model Y 7-seat option to $3K, from $4K
Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’
Ark Invest, arguably Tesla’s biggest bull with a $2,000 price target on the TSLA stock, put together a weighted average prediction for when Tesla would launch its robotaxi service. Recently, Tesla has made it clear that it is virtually betting the house on self-driving. CEO Elon Musk even went as far as to say that… Continue reading Tesla’s biggest bull with $2,000 price target sees robotaxi service launching ‘soon’
Europa Wire: Michelin launches exclusive NFT collection to enter the world of Web3000599
Michelin launches exclusive NFT collection to enter the world of Web3 (IN BRIEF) Michelin, the French tire company, has announced its entry into the Web3 space with the launch of the Michelin 3xplorer Club, which is centered around an exclusive 5,000-piece NFT collection. The community will be open to all, and those who possess the… Continue reading Europa Wire: Michelin launches exclusive NFT collection to enter the world of Web3000599
Europa Wire: SEAT Group appoints new General Counsel and Director of Legal Affairs and Governance from Cuatrecasas000598
SEAT Group appoints new General Counsel and Director of Legal Affairs and Governance from Cuatrecasas (IN BRIEF) Víctor Manuel Sánchez has been appointed as general counsel and Director of Legal Affairs and Governance for SEAT Group companies in Spain. He will be reporting to the CEO of SEAT S.A. and succeeding Thomas Meiers and Marco… Continue reading Europa Wire: SEAT Group appoints new General Counsel and Director of Legal Affairs and Governance from Cuatrecasas000598
Europa Wire: Agricultural Solutions and Automotive Sectors Contribute to BASF’s Q1 2023 Sales000597
Agricultural Solutions and Automotive Sectors Contribute to BASF’s Q1 2023 Sales (IN BRIEF) Chemical company BASF reported a decline in sales for Q1 2023 of €20bn, down €3.1bn compared to the prior year quarter, due to lower demand in almost all segments. However, the Agricultural Solutions segment recorded a significant increase in earnings, achieving EBIT… Continue reading Europa Wire: Agricultural Solutions and Automotive Sectors Contribute to BASF’s Q1 2023 Sales000597
Europa Wire: Leadec Strengthens Core Business with New Services Related to Electric Mobility and Sustainability 000596
Leadec Strengthens Core Business with New Services Related to Electric Mobility and Sustainability (IN BRIEF) Leadec achieved record sales of €1.129 billion in fiscal year 2022, with 90% of orders from existing customers extended and core business strengthened with new services related to electric mobility, sustainability, and smart factory. Leadec’s total output increased by 20%… Continue reading Europa Wire: Leadec Strengthens Core Business with New Services Related to Electric Mobility and Sustainability 000596
Europa Wire: Škoda Auto Commits to E-Mobility Transformation with Battery System Production Milestone000595
Škoda Auto Commits to E-Mobility Transformation with Battery System Production Milestone (IN BRIEF) Škoda Auto has announced the production of 500,000 battery systems at its plant in Mladá Boleslav, which are mounted in MEB vehicles and plug-in hybrid models by Volkswagen Group brands, including Škoda, Volkswagen, Audi and SEAT. The milestone proves Škoda’s commitment to… Continue reading Europa Wire: Škoda Auto Commits to E-Mobility Transformation with Battery System Production Milestone000595