How Magna developed cameras to allow cars to see in the dark

Exceptional night vision isn’t something humans are gifted with. Some of our friends in the animal kingdom, such as deer, are far better at seeing at night. See-in-the-dark tech was used first by the military, before automotive supplier Magna developed its first thermal imaging system in 2003. Called Night Vision, it was introduced in the… Continue reading How Magna developed cameras to allow cars to see in the dark

Valmet to supply an OptiConcept M board making line to Anhui Linping Circular Development in China

Valmet Oyj press release, October 3, 2024, at 9:30 a.m. EEST  ESPOO, Finland, Oct. 3, 2024 /PRNewswire/ — Valmet is to supply an OptiConcept M board making line with automation and services to Anhui Linping Circular Development in China. The new board line PM 8 will produce recycled liner grades. The start-up is scheduled for the… Continue reading Valmet to supply an OptiConcept M board making line to Anhui Linping Circular Development in China

Electric Trucks Market to Grow by USD 20.32 Billion (2024-2028), Driven by Demand for Fuel-Efficient, Low-Emission Vehicles and AI’s Impact on Market Trends – Technavio

NEW YORK, Oct. 2, 2024 /PRNewswire/ — The Global Electric Trucks Market  size is estimated to grow by USD 20.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  35.44%  during the forecast period.  Growing demand for fuel-efficient and low-emission vehicles is driving market growth, with a trend towards prominent truck manufacturers… Continue reading Electric Trucks Market to Grow by USD 20.32 Billion (2024-2028), Driven by Demand for Fuel-Efficient, Low-Emission Vehicles and AI’s Impact on Market Trends – Technavio

Magna price target lowered to $41 from $44 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Magna to $41 from $44 and keeps a Neutral rating on the shares as part of a broader research note on U.S. Autos and Industrial Techs. The firm is lowering its forecast for U.S. SAAR to reflect weaker sales year-to-date as SAAR has averaged about 15.5M –… Continue reading Magna price target lowered to $41 from $44 at Goldman Sachs

Target Reveals Top Toys List, Delivering Holiday Magic, Exclusive Finds and New Surprises, with More Than Half the Full Assortment Under $20

Target’s 2024 Bullseye’s Top Toys list features more than 60 must-have items with nearly half exclusive to Target, and prices starting at $7.99 The retailer will also offer thousands of toys this season with over half under $20, making it easy to find gifts for any budget Target is also offering new, weekly toy drops… Continue reading Target Reveals Top Toys List, Delivering Holiday Magic, Exclusive Finds and New Surprises, with More Than Half the Full Assortment Under $20

German FAZ: No Porsche production in Osnabrück from 2026007803

The VW factory in Osnabrück can no longer count on the hoped-for contract for an electric Porsche. “Business in China is currently notoriously difficult at Porsche. Therefore, overflow production for the Osnabrück plant can no longer be guaranteed in the future,” explained a VW spokesman when asked by the German Press Agency. The “Neue Osnabrücker… Continue reading German FAZ: No Porsche production in Osnabrück from 2026007803

Magna Announces Date for Q3 2024 Results Call

AURORA, Ontario, Sept. 30, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC.THIRD QUARTER 2024 RESULTS WEBCAST FRIDAY – NOVEMBER 1, 20248:00 AM ET LIVE AUDIO WEBCASTWebcast registration: https://events.q4inc.com/attendee/431432937 DIAL IN DETAILS Participant Toll-Free Dial-In:   1-800-715-9871 Participant Toll Dial-In:   1-646-307-1963 Conference ID:   9829976 Slide presentation will be available on… Continue reading Magna Announces Date for Q3 2024 Results Call

@Groupe PSA: OP Revolution from Rüsselsheim000685

The Experimental GT from 1965 is the first concept car in the history of the European automotive industry, created in the first European design center. “There was a spirit of optimism at Opel, as there was last in 1928 when the rocket cars were built,” recalls former designer Erhard Schnell decades later. “We were young… Continue reading @Groupe PSA: OP Revolution from Rüsselsheim000685

Magna Announces Date for Q3 2024 Results Call

AURORA, Ontario, Sept. 30, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC.THIRD QUARTER 2024 RESULTS WEBCAST FRIDAY – NOVEMBER 1, 20248:00 AM ET LIVE AUDIO WEBCASTWebcast registration: https://events.q4inc.com/attendee/431432937 DIAL IN DETAILS Participant Toll-Free Dial-In:   1-800-715-9871 Participant Toll Dial-In:   1-646-307-1963 Conference ID:   9829976 Slide presentation will be available on… Continue reading Magna Announces Date for Q3 2024 Results Call

Gordon Moodie, Leading Public Company M&A Lawyer, Joins Debevoise as Partner

NEW YORK, Sept. 30, 2024 /PRNewswire/ — Debevoise & Plimpton LLP announces that Gordon Moodie, a senior mergers and acquisitions lawyer, is joining its New York office as a partner in the Mergers & Acquisitions Group and Public Company Advisory Group. A broad-gauged dealmaker and a sought-after advisor to corporate boards, Mr. Moodie will advise… Continue reading Gordon Moodie, Leading Public Company M&A Lawyer, Joins Debevoise as Partner