Category: Suppliers

Autoliv Announces Departure of Chief Financial Officer

(Stockholm, Sweden, June 30, 2025) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Fredrik Westin has decided to resign as the Chief Financial Officer and Executive Vice President, Finance for personal reasons and to pursue a position in continental Europe, where he resided prior to joining Autoliv… Continue reading Autoliv Announces Departure of Chief Financial Officer

Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

(Stockholm, Sweden, June 30, 2025) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of June 30, 2025, the total number of issued shares of common stock is 79,404,229 of which 76,807,215 shares are outstanding.  Autoliv retired 510,361 shares of common stock that had been… Continue reading Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

CATL begins construction of EV battery plant in Indonesia

CATL begins construction of new battery plant in Indonesia. Chinese battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) began construction of a new electric vehicle (EV) battery plant in Indonesia, in partnership with local company Indonesia Battery Corporation (IBC). The two companies have formed a joint venture called PT Contemporary Amperex Technology Indonesia Battery (CATIB)… Continue reading CATL begins construction of EV battery plant in Indonesia

Aristotle Capital International Equity Sold Magna International (MGA) Due To Reduced Confidence in Its Catalysts

Aristotle Capital Management, LLC, an investment management company, released its “International Equity Strategy” first quarter 2025 investor letter. A copy of the letter can be downloaded here. Global equity markets started the year on a negative note, with the MSCI ACWI Index down 1.32% in Q1. Meanwhile, the Bloomberg Global Aggregate Bond Index rose 2.64% as… Continue reading Aristotle Capital International Equity Sold Magna International (MGA) Due To Reduced Confidence in Its Catalysts

How Well is Strattec’s Business Model Insulated From Tariff Pressures?

One of the most favorable aspects of StrattecSecurity STRT is that more than 90% of its sales in the United States qualify for tariff-free or reduced-tariff rules. This shields Strattec, a focused automotive technology supplier, from additional expenses that other players might face if there is a rise in tariffs on imports, especially if the… Continue reading How Well is Strattec’s Business Model Insulated From Tariff Pressures?

Autoliv Announces Departure of Chief Financial Officer

STOCKHOLM, June 30, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Fredrik Westin has decided to resign as the Chief Financial Officer and Executive Vice President, Finance for personal reasons and to pursue a position in continental Europe, where he resided prior to joining… Continue reading Autoliv Announces Departure of Chief Financial Officer

Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

STOCKHOLM, June 30, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that as of June 30, 2025, the total number of issued shares of common stock is 79,404,229 of which 76,807,215 shares are outstanding.  Autoliv retired 510,361 shares of common stock that had been repurchased… Continue reading Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares

Latest News In Electric Vehicles – Lithium Advancements Propel Clean Energy Initiatives Forward

United Lithium Corp. recently conducted its annual general meeting where shareholders elected all nominated directors and approved the re-appointment of their auditing firm. This meeting reflects the company’s ongoing commitment to advancing its lithium projects, which are key to supporting the growing demand for lithium crucial for electric vehicles (EVs). As lithium remains a vital… Continue reading Latest News In Electric Vehicles – Lithium Advancements Propel Clean Energy Initiatives Forward

BYD Downshifts Production into First Gear

BYD has taken the lead, and as it comes around the bend, it’s … tapping its brakes? According to a Reuters report last week, the Chinese car giant — which earlier this year surpassed Tesla as the world’s top EV seller by revenue — has started slowing production in recent months. The pullback comes as… Continue reading BYD Downshifts Production into First Gear