Hyundai’s N performance division will reveal a new model on 15 July as part of the brand’s annual N day. The mysterious new model has been previewed on social media ahead of its world premiere, wrapped in cloth in a dimly lit warehouse. Only its most distinctive body features were on display. A large spoiler… Continue reading Hyundai to reveal radical new N sports car on 15 July
Category: Automotive
Racing Lines: Silverstone delivered a typical British GP classic
Of course, there’s room for improvement at the old airfield. As my family found, two hours to escape from the car park to the A43 was a sorry and all too familiar story. But what a day we had had. Silverstone’s current deal with F1, which has made the race viable for the circuit for… Continue reading Racing Lines: Silverstone delivered a typical British GP classic
Chinese firm BYD posts 314.9% growth in electrified vehicle sales
Chinese manufacturer BYD posted a 314.9% year-on-year increase in electrified vehicle sales in June in its mission to surpass Tesla. The company – which is based in Shenzhen and backed by American billionaire magnate Warren Buffet – sold 641,000 hybrids, plug-in hybrids and electric cars worldwide from January to June, 134,036 of those in June. Tesla sold 564,000 electric cars in… Continue reading Chinese firm BYD posts 314.9% growth in electrified vehicle sales
Worst June for new car registrations in 26 years
The number of new cars registered in the UK last month was the lowest in June since 1996, new figures have revealed, as supply shortages hampered the automotive industry. The data, released this morning by the Society of Motor Manufacturers and Traders (SMMT), showed that 140,958 cars were registered, down 45,180 (24.3%) on June 2021.… Continue reading Worst June for new car registrations in 26 years
Are Magna International Inc.’s (TSE:MG) Fundamentals Good Enough to Warrant Buying Given The Stock’s Recent Weakness?
It is hard to get excited after looking at Magna International’s (TSE:MG) recent performance, when its stock has declined 13% over the past month. However, the company’s fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. In this article, we decided to focus on Magna International’s ROE. ROE or… Continue reading Are Magna International Inc.’s (TSE:MG) Fundamentals Good Enough to Warrant Buying Given The Stock’s Recent Weakness?
Lear (LEA) is a Top-Ranked Value Stock: Should You Buy?
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow… Continue reading Lear (LEA) is a Top-Ranked Value Stock: Should You Buy?
Automakers Add Biometrics to Make Sure Motorists are Healthy, Happy
connected car, artificial intelligence, sensors, health A growing number of automotive suppliers are developing technologies that use a variety of sensors and software to monitor the well-being of drivers and passengers and take proactive measures to help them if they are in distress. In one recent example, global automotive supplier Hyundai Mobis announced June 23… Continue reading Automakers Add Biometrics to Make Sure Motorists are Healthy, Happy
The Euro Is the Latest Problem for U.S. Stocks
Reuters Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years.… Continue reading The Euro Is the Latest Problem for U.S. Stocks
Eaton acquires 50% stake in Jiangsu Huineng Electric Co., Ltd.’s circuit breaker business
DUBLIN, July 05, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuit breakers in China. “This strategic relationship marks an important milestone in Eaton’s growth strategy,” said Howard Liu,… Continue reading Eaton acquires 50% stake in Jiangsu Huineng Electric Co., Ltd.’s circuit breaker business
German Handelsblatt: Mobility service: Volkswagen completes Europcar takeover: Car sharing should finally become profitable004631
VW setzt auf neue Mobilitätsdienste und Europcar Europcar am Flughafen Merignac bei Bordeaux: Mit der Übernahme des Autovermieters will Volkswagen Carsharing profitabel machen. (Foto: Reuters) Der Volkswagen-Konzern startet einen neuen Versuch, das für die gesamte Autobranche wenig rentable Carsharing-Geschäft auf eine finanziell tragfähige Basis zu stellen. Die Schlüsselrolle spielt dabei die jetzt abgeschlossene Übernahme des Autovermieters… Continue reading German Handelsblatt: Mobility service: Volkswagen completes Europcar takeover: Car sharing should finally become profitable004631