Today we’re going to take a look at the well-established Magna International Inc. (TSE:MG). The company’s stock saw significant share price movement during recent months on the TSX, rising to highs of CA$111 and falling to the lows of CA$95.01. Some share price movements can give investors a better opportunity to enter into the stock,… Continue reading At CA$102, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Category: Automotive
Does This Valuation Of Aptiv PLC (NYSE:APTV) Imply Investors Are Overpaying?
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Aptiv PLC (NYSE:APTV) as an investment opportunity by estimating the company’s future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. It may… Continue reading Does This Valuation Of Aptiv PLC (NYSE:APTV) Imply Investors Are Overpaying?
Apple finds a brilliant way to make the iPhone 13 Pro exciting
Actually funny. Screenshot by ZDNet Does it all tend to wash over you? Every year a new iPhone comes out. And every year Apple waxes endlessly about how much better its camera is than the camera it peddled the previous year. How much better do you really need it to be? I have an iPhone… Continue reading Apple finds a brilliant way to make the iPhone 13 Pro exciting
Naveen Soni takes over as President of Lexus India
Naveen Soni takes over as President of the Lexus brand at Toyota Kirloskar Motor (TKM) from January 1. He succeeds PB Venugopal who will move over to a senior role in product planning. Soni has been spearheading sales and service in his capacity as Senior Vice President through 2020 and 2021 when the pandemic caused… Continue reading Naveen Soni takes over as President of Lexus India
NIO Inc. Provides December, Fourth Quarter and Full Year 2021 Delivery Update
Company Achieved New Quarterly Record and Delivered a Total of 91,429 Vehicles in 2021 NIO delivered 10,489 vehicles in December 2021, increasing by 49.7% year-over-year NIO delivered 25,034 vehicles in the three months ended December 2021, increasing by 44.3% year-over-year NIO delivered 91,429 vehicles in 2021 in total, increasing by 109.1% year-over-year Cumulative deliveries of… Continue reading NIO Inc. Provides December, Fourth Quarter and Full Year 2021 Delivery Update
Why Nio Stock Dropped the Last Day of 2021
Reuters China to cut new energy vehicle subsidies by 30% in 2022 BEIJING (Reuters) -China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday. The Ministry said on its website the 2022 NEV subsidies policy will terminate on December 31, 2022,… Continue reading Why Nio Stock Dropped the Last Day of 2021
Tata Motors domestic sales up 24% to 66,307 units in December
New Delhi: Auto major Tata Motors on Saturday reported a growth of 24% to 66,307 units in its domestic sales in December 2021. The company had sold 53,430 units in December 2020. In the passenger vehicle segment, the automaker witnessed 50% growth to 35,299 units in December 2021, as against 23,545 units in December 2020.… Continue reading Tata Motors domestic sales up 24% to 66,307 units in December
CES to now end sooner than planned as Omicron cases surge
The number of new COVID-19 cases in the U.S. has doubled in eight days to a record high of 329,000 a day on average, according to a Reuters tally. CES will now end a day earlier than planned, the organizer of the global technology and gadget show said, after companies including Amazon.com Inc and General… Continue reading CES to now end sooner than planned as Omicron cases surge
2022: Economy sets sail with growth hopes; pandemic, inflationary headwinds remain
In the 2021 April-June quarter, the economy recorded a whopping 20.1 per cent growth but then it came mainly on the back of the base effect as GDP contracted 24.4 per cent in the year-ago period. New Delhi: After navigating the turbulent pandemic waves, the recovering Indian economy is now sailing through unchartered waters of… Continue reading 2022: Economy sets sail with growth hopes; pandemic, inflationary headwinds remain
Commodities notch their best year since financial crisis rebound
As 2022 dawns, though, there are growing doubts about how far commodities can keep rising as a projected slowdown in economic growth, especially in China, and a rebound in supplies will likely weigh on prices. Commodities surged the most in over a decade this year as a rebound in demand from pandemic lockdowns was met… Continue reading Commodities notch their best year since financial crisis rebound