Skoda celebrates production milestones: 750,000th Kodiaq, 4m EA211 engines, 15m transmissions Skoda Auto has recorded three production milestones since the start of the month: the 750,000th Kodiaq SUV rolled off the production line in Kvasiny, while the carmaker had also produced four million EA211 engines and 15 million of the latest-generation transmissions. Both these components… Continue reading Skoda celebrates production milestones: 750,000th Kodiaq, 4m EA211 engines, 15m transmissions
Category: Automotive
@Nissan: Nissan reports first-half results for fiscal year 2022000893
November 10, 2022 [embedded content] YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the six-months ended September 30, 2022, and revised upward its full-year revenue and profit outlook for fiscal 2022. Fiscal year 2022 first-half financial highlights Consolidated net revenue increased by 715.3 billion yen to 4.66 trillion yen, with consolidated… Continue reading @Nissan: Nissan reports first-half results for fiscal year 2022000893
Why Nio and Rivian Stocks Popped Today
Motley Fool Why QuantumScape Plunged Today Shares of solid-state electric battery-maker QuantumScape (NYSE: QS) were in freefall today, down 14% as of 3:21 p.m EST. The company reported third-quarter earnings at the end of October, but today’s move was likely caused by a big analyst downgrade, sending the stock even lower than many other EV… Continue reading Why Nio and Rivian Stocks Popped Today
Nio and Rivian report earnings, Tesla bull throws in the towel
Reuters Rivian misses revenue estimate, but shares bounce on outlook (Reuters) -Rivian Automotive Inc missed Wall Street estimates for third-quarter revenue, but shares rose after hours as the electric-vehicle maker reported a smaller-than-expected loss and a higher number of preorders, and reaffirmed its full-year production outlook. The company, which went public a year ago, also… Continue reading Nio and Rivian report earnings, Tesla bull throws in the towel
Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries
(Reuters) -Chinese electric automaker Nio Inc on Thursday reported a bigger quarterly loss due to a jump in costs, and said it expects deliveries to almost double in the current quarter. Most Chinese electric vehicle (EV) makers are battling higher battery prices, intensifying competition and a rise in cost of sales. Sales at Nio, Xpeng… Continue reading Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries
5 Best Chinese Stocks To Buy And Watch: China Stocks Swing On Covid News
Reuters Videos Stocks end higher as investors eye U.S. midterms STORY: U.S. stocks rose for a third straight session on Tuesday as Americans voted in midterm elections that will determine control of Congress, with investors betting on a political stalemate that could prevent major policy changes.The Dow ended a percent higher, while the S&P 500… Continue reading 5 Best Chinese Stocks To Buy And Watch: China Stocks Swing On Covid News
Zacks Industry Outlook Highlights BYD, BMW and XPeng
For Immediate Release Chicago, IL – November 10, 2022 – Today, Zacks Equity Research discusses BYD Co. BYDDY, BMW AG BAMXF and XPeng Inc. XPEV. Industry: Foreign Autos Link: https://www.zacks.com/commentary/2015947/3-foreign-auto-stocks-to-ride-the-industrys-upbeat-mood Rising vehicle prices and robust demand for electric vehicles (EVs) are major catalysts for the Zacks Automotive – Foreign industry. Near-term sales prospects in Europe and Japan… Continue reading Zacks Industry Outlook Highlights BYD, BMW and XPeng
3 Foreign Auto Stocks to Ride the Industry’s Upbeat Mood
Rising vehicle prices and robust demand for electric vehicles (EVs) are major catalysts for the Zacks Automotive – Foreign industry. Near-term sales prospects in Europe and Japan still look dubious, given an uncertain macro-environment and inflationary pressure, which may induce consumers to put off discretionary expenses. However, China auto sales are finally gathering momentum. A slew of… Continue reading 3 Foreign Auto Stocks to Ride the Industry’s Upbeat Mood
German works council award in gold goes to the works council of Gestamp Griwe Haynrode GmbH
Bonn – This year’s gold works council prize goes to the works council of the automotive supplier Gestamp Griwe in Haynrode, Thuringia. The committee is honored for its work in securing the existence and future of the site. In September 2020, the company’s management announced that it would in future award orders to a location… Continue reading German works council award in gold goes to the works council of Gestamp Griwe Haynrode GmbH
Fineqia Sees 7x Uplift in Investment Value in IDEO CoLab Ventures Fund I; No Exposure to FTX
LONDON, Nov. 10, 2022 /PRNewswire/ — Fineqia International Inc. (the “Company” or “Fineqia“) (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) announces that the value of its investment in the IDEO CoLab Distributed Web Offshore Fund 1 LP (“Fund”) has risen to 7x the investment value. Fineqia participated as a limited partner in the Fund in Aug.… Continue reading Fineqia Sees 7x Uplift in Investment Value in IDEO CoLab Ventures Fund I; No Exposure to FTX