Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

For Immediate Release Chicago, IL – August 1, 2023 – Today, Zacks Equity Research discusses Magna International MGA, Lear Corp. LEA, Autoliv, Inc. ALV and Gentex Corp. GNTX. Industry: Auto Equipment Link: https://www.zacks.com/commentary/2129858/4-picks-from-the-robust-auto-equipment-industry-to-fuel-your-gains The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to… Continue reading Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

First-to-market bolt-on stand-alone solution for BEVs Launching on multiple vehicles of a German premium automaker New application contributes significantly to increasing electric driving range AURORA, Ontario, Aug. 01, 2023 (GLOBE NEWSWIRE) — Magna is dedicated to advancing its electric driveline systems and powertrain technologies by prioritizing efficiency, safety, dynamics, and convenience. Demonstrating its commitment to… Continue reading Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

How EVs are upending the 100-year-old auto supply chain

Companies that make parts for internal combustion engines are facing a harsh future.  Revenues for internal combustion engines, as well as fuel and exhaust systems, are expected to decline 44% through 2027, according to the 2023 Deloitte Automotive Supplier Study. Meanwhile, revenues for electric drivetrains and batteries or fuel cells are expected to rise 245%,… Continue reading How EVs are upending the 100-year-old auto supply chain

4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to the shift toward electric and self-driving cars requires industry players to invest in research and development. The rise of new technologies and increased demand for electrified and autonomous vehicles reflect encouraging prospects. Effective… Continue reading 4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to the shift toward electric and self-driving cars requires industry players to invest in research and development. The rise of new technologies and increased demand for electrified and autonomous vehicles reflect encouraging prospects. Effective… Continue reading 4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to the shift toward electric and self-driving cars requires industry players to invest in research and development. The rise of new technologies and increased demand for electrified and autonomous vehicles reflect encouraging prospects. Effective… Continue reading 4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

Rising Demand for Electric Tractors in Austria: Market Expected to Grow at 4.10% CAGR

DUBLIN, July 31, 2023 /PRNewswire/ — The “Austria Tractor Market – Industry Analysis & Forecast 2023-2028” report has been added to  ResearchAndMarkets.com’s offering. Austria’s tractor market is poised for significant growth with a projected Compound Annual Growth Rate (CAGR) of 4.10% from 2022 to 2028, driven by several market trends and drivers. The country’s active… Continue reading Rising Demand for Electric Tractors in Austria: Market Expected to Grow at 4.10% CAGR

Electric Powertrain Market worth $230.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — Electric Powertrain Market is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030, according to a new report by MarketsandMarkets™. The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced by… Continue reading Electric Powertrain Market worth $230.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

Yuma Energy appoints Muthu Subramanian as general manager and Managing Director

Yuma Energy, a joint venture between Magna and Yulu, has appointed Muthu Subramanian as General Manager and Managing Director. In his new role, Subramanian will be responsible for overseeing the strategic direction and overall operations of Yuma, which operates one of India’s largest networks of battery charging and swapping stations for electric two-wheelers. He will… Continue reading Yuma Energy appoints Muthu Subramanian as general manager and Managing Director

Zacks.com featured highlights include Magna International, General Motors, Unum Group, StoneCo and Affiliated Managers Group

For Immediate Release Chicago, IL – July 28, 2023 – Stocks in this week’s article are Magna International MGA, General Motors Co. GM, Unum Group UNM, StoneCo Ltd. STNE and Affiliated Managers Group AMG. 5 Low Price-to-Book Stocks to Add to Your Portfolio Price-to-book ratio or P/B ratio is essentially the ratio of stock price… Continue reading Zacks.com featured highlights include Magna International, General Motors, Unum Group, StoneCo and Affiliated Managers Group