(Reuters) – Auto parts supplier BorgWarner on Tuesday forecast its electrified-vehicle business would generate about half of its total expected sales of over $10 billion by 2027, as the company looks to tap strong demand for cleaner modes of transport. It also expects the eProducts segment, which makes parts for EVs and hybrids, to bring… Continue reading BorgWarner sees EV, hybrid parts business generate nearly half of sales by 2027
Category: Suppliers
BorgWarner Unveils New Logo, Marking Its Transformation to eMobility
Logo is future-focused and dynamic, signaling a new chapter in BorgWarner’s history Decision to unveil based on strong progress versus Charging Forward objectives Company expects eProduct revenues of over $10 billion by 2027 Reinforces BorgWarner’s Vision of a clean, energy-efficient world AUBURN HILLS, Mich., June 6, 2023 /PRNewswire/ — BorgWarner unveiled its new logo underscoring the… Continue reading BorgWarner Unveils New Logo, Marking Its Transformation to eMobility
BorgWarner Unveils Next Phase of Electrification Strategy at 2023 Investor Day
“Charging Forward: 2027” Builds on Company’s Proven Track Record and Leading Market Positions Expecting to Deliver Enhanced, Sustainable Growth and Value Creation. AUBURN HILLS, Mich., June 6, 2023 /PRNewswire/ — At its 2023 Investor Day being held today, BorgWarner Inc. (NYSE: BWA) (“the Company”) is announcing the next phase of its “Charging Forward” strategy for advancing… Continue reading BorgWarner Unveils Next Phase of Electrification Strategy at 2023 Investor Day
GOODYEAR LAUNCHES NEW URBAN MAX BSA(EV) BUS SERVICE ALL-POSITION TIRE FOR SELECT GILLIG ELECTRIC METRO BUSES AND EV TRANSIT FLEETS
The Urban Max BSAEV offers lower rolling resistance to help extend range*, provide enhanced traction and support the increased load-carrying capacity of electric buses AKRON, Ohio, June 6, 2023 /PRNewswire/ — Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) introduced the newest EV-ready tire for communities around the country looking to drive their buses… Continue reading GOODYEAR LAUNCHES NEW URBAN MAX BSA(EV) BUS SERVICE ALL-POSITION TIRE FOR SELECT GILLIG ELECTRIC METRO BUSES AND EV TRANSIT FLEETS
Total number of voting rights and shares forming the share capital
FAURECIA Nanterre, 6 June 2023 Total number of voting rights and shares forming the share capital (Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority) __________________ Trading place: Euronext Paris Compartment: A ISIN code: FR0000121147 LEI code: 969500F0VMZLK2IULV85 Date Number of shares Total… Continue reading Total number of voting rights and shares forming the share capital
VW’s China joint venture transforms Shanghai plant for EV production
SHANGHAI (Reuters) – Volkswagen’s Chinese joint venture with SAIC Motor has transformed one of its plants in Shanghai for production, research and development of electric vehicles (EV), the German automaker said on Tuesday. Production of internal combustion engine models at the main plant of SAIC Volkswagen in Anting of Shanghai will be relocated to other… Continue reading VW’s China joint venture transforms Shanghai plant for EV production
GWM Holds a Global Car Festival to Upgrade Customer Experience
BAODING, China, June 6, 2023 /PRNewswire/ — Recently, GWM has begun a global Car Festival in overseas markets to make full use of its dominant position in intelligent new energy vehicles (NEVs) and upgrade customer experience. GWM Holds a Global Car Festival to Upgrade Customer Experience (PRNewsfoto/GWM) GWM is upgrading its intelligent NEV lineup by launching… Continue reading GWM Holds a Global Car Festival to Upgrade Customer Experience
Investing in Linamar (TSE:LNR) three years ago would have delivered you a 48% gain
Linamar Corporation (TSE:LNR) shareholders might be concerned after seeing the share price drop 18% in the last quarter. In contrast the stock is up over the last three years. Arguably you’d have been better off buying an index fund, because the gain of 43% in three years isn’t amazing. Let’s take a look at the… Continue reading Investing in Linamar (TSE:LNR) three years ago would have delivered you a 48% gain
Returns On Capital At Lear (NYSE:LEA) Paint A Concerning Picture
To avoid investing in a business that’s in decline, there’s a few financial metrics that can provide early indications of aging. Typically, we’ll see the trend of both return on capital employed (ROCE) declining and this usually coincides with a decreasing amount of capital employed. Trends like this ultimately mean the business is reducing its… Continue reading Returns On Capital At Lear (NYSE:LEA) Paint A Concerning Picture
BorgWarner (BWA) Just Reclaimed the 20-Day Moving Average
BorgWarner (BWA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BWA crossed above the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at… Continue reading BorgWarner (BWA) Just Reclaimed the 20-Day Moving Average