(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
Category: Automotive
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
Curbee Revolutionizes Fleet Maintenance
Curbee introduces a new take on mobile fleet maintenance for Bay Area and Southern California businesses by creating an entirely frictionless, customer first experience. SAN FRANCISCO, Nov. 10, 2022 /PRNewswire/ — Curbee, a mobile car-repair company redefining the convenience and transparency of traditional car care, today announced a new take on fleet maintenance. Using technology… Continue reading Curbee Revolutionizes Fleet Maintenance
Alaska Air Cargo selects Boeing to convert two passenger aircraft to freighters
Five dedicated 737 converted freighters to meet cargo demand across the Alaska network SEATTLE, Nov. 10, 2022 /PRNewswire/ — Alaska Air Cargo announced Boeing will provide the conversion work for two 737-800 Boeing Converted Freighters (BCF) to add to its dedicated freighter fleet serving the state of Alaska. The conversion work will be done at… Continue reading Alaska Air Cargo selects Boeing to convert two passenger aircraft to freighters
TRU-Kii LAUNCHES THE FIRST SKI TRAVEL SYSTEM
Haul, store and rendezvous with this new do-it-all system for a hassle-free ski day BOSTON, Nov. 10, 2022 /PRNewswire/ — TRU-Kii is an emerging brand on the ski scene, introducing a first-of-its-kind Ski Travel System. The TRU-Kii Ski Travel System is designed to haul and store your group or family’s ski gear, and serve as… Continue reading TRU-Kii LAUNCHES THE FIRST SKI TRAVEL SYSTEM
FAIRMONT MAYAKOBA WILL HOST A SYMPHONY IN A CENOTE TO GO “BEYOND LIMITS”
CANCÚN, Mexico, Nov. 10, 2022 /PRNewswire/ — If you already know the newly renovated Fairmont Mayakoba and think there can’t be anything better, wait until you see and hear a symphonic concert in one of the cenotes near the resort to enjoy a unique and ancestral experience, where music, Mexican gastronomy and luxury are the… Continue reading FAIRMONT MAYAKOBA WILL HOST A SYMPHONY IN A CENOTE TO GO “BEYOND LIMITS”