Tesla (TSLA) shares fell nearly 1% in pre-market trading, adding to a 3% drop the previous session, as growing concerns over CEO Elon Musk’s political affiliations and public image weigh on the company’s prospects. Investors are increasingly worried that Musk’s actions could deter potential customers, threatening to harm Tesla’s (TSLA) sales. The electric vehicle maker… Continue reading Trending tickers: Tesla, GameStop, Palantir, Super Micro Computer and Entain
Category: Suppliers
BYD Starts New EV Price War With Free Smart-Driving System
(Bloomberg) — BYD Co. opened a new front in China’s electric vehicle price war — adding advanced driver-assistance features across most of its lineup for no extra cost and sending its shares to a record. Most Read from Bloomberg At a highly anticipated event on Monday evening in Shenzhen, BYD said it will make its… Continue reading BYD Starts New EV Price War With Free Smart-Driving System
AAM Reports Fourth Quarter and Full Year 2024 Financial Results
AAM Terms of Use & Privacy Policy Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM Website American Axle & Manufacturing, Inc. and/or its respective… Continue reading AAM Reports Fourth Quarter and Full Year 2024 Financial Results
Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
Fourth Quarter 2024 Highlights Sales increased 2% to $10.6 billion, in-line with global light vehicle production Diluted earnings per share of $0.71 and Adjusted diluted earnings per share of $1.69, compared to $0.94 and $1.33, respectively Generated $1.9 billion in cash from operating activities Returned $335 million to shareholders through dividends and share repurchases Raised… Continue reading Magna Announces Fourth Quarter 2024 Results and 2025 Outlook
New addition to the Professional 18V System: Cordless hydraulic tools for electricians
The Robert Bosch Power Tools GmbH, a division of the Bosch Group, is one of the world’s leading providers for power tools, garden tools, power tool accessories and measuring tools. In 2023, its roughly 19,500 associates generated sales of 5.6 billion euros, about 90 percent of which outside of Germany. With brands such as Bosch… Continue reading New addition to the Professional 18V System: Cordless hydraulic tools for electricians
Lear Falls 12% in 6 Months: Here’s Why You Should Sell the Stock
Lear Corp. LEA shares have plunged 12.4% over the past six months, underperforming the Zacks Auto, Tires and Trucks sector’s appreciation of 16.1% and the Zacks Automotive – Original Equipment industry’s return of 2%. Lear’s subpar performance can be attributed to significant cuts in EV production, delayed program launches, declining volumes on key platforms and… Continue reading Lear Falls 12% in 6 Months: Here’s Why You Should Sell the Stock
Hyundai Mobis unveils movable sound system
Hyundai’s speakers adjust their angle to minimise sound wave interference. Credit: Hyundai Mobis. Hyundai Mobis has developed a new movable sound system that is engineered to synchronise with the rollable display installed in the driver’s cockpit. The movable sound system dynamically adjusts angles of its speakers based on the display configuration, ensuring clear, high-quality sound,… Continue reading Hyundai Mobis unveils movable sound system
Eaton announces live webcast of investor conference on March 11, 2025
DUBLIN, February 13, 2025–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it will host its 2025 investor conference on Tuesday, March 11, 2025, from 2 p.m. to 5:30 p.m. Eastern time. The purpose of the meeting is to discuss the company’s business prospects with securities analysts and institutional investors. Conference presenters will include Craig… Continue reading Eaton announces live webcast of investor conference on March 11, 2025
Why Dana Inc (DAN) Is Skyrocketing So Far In 2025?
We recently published a list of Why These 15 Automotive Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where Dana Inc (NYSE:DAN) stands against other automotive stocks that are skyrocketing so far in 2025. The automotive industry is starting to shift gears this year as… Continue reading Why Dana Inc (DAN) Is Skyrocketing So Far In 2025?
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, Feb. 12, 2025 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) The board declared a quarterly dividend of $0.10 per share, payable March 21, 2025, to holders of Dana common stock as of February 28.… Continue reading Dana to Pay Dividend on Common Stock