Fresh from letting us take a first drive in its Ocean midsize electric SUV as well as making its first customer deliveries of the car, Fisker has unveiled its EV lineup for the next few years. At an event in Huntington Beach, California, on yesterday night, the company revealed four new models that will be… Continue reading Fisker Alaska Pickup, Fisker Ronin Convertible: Specs, Price, Release Date
Tag: Magna
Magna Announces Second Quarter 2023 Results
Sales increased 17% to $11.0 billion, compared to global light vehicle production increase of 15% Diluted earnings per share were $1.18 Adjusted diluted earnings per share increased 81% to $1.50 Completed the acquisition of Veoneer Active Safety Raised 2023 outlook for Total Sales, Adjusted EBIT Margin and Adjusted Net Income attributable to Magna AURORA, Ontario,… Continue reading Magna Announces Second Quarter 2023 Results
Magna Announces Second Quarter 2023 Results
Magna International Inc. Swamy Kotagiri, Magna’s Chief Executive Officer “I am pleased with our second quarter operating performance, which reflects continued strong execution on higher organic sales and cost reduction actions being taken across the company. We remain highly focused on executing our strategy and remain confident in our ability to meet our short- and… Continue reading Magna Announces Second Quarter 2023 Results
Fisker cuts output forecast on lingering supply chain woes; loss narrows
Electric-vehicle maker Fisker Inc. introduces the PEAR electric vehicle in Huntington Beach, California, August 3, 2023. REUTERS/Mike Blake/File Photo Aug 4 (Reuters) – Fisker Inc’s (FSR.N) smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles helped counter an annual production cut, sending its shares up more than 2% in premarket… Continue reading Fisker cuts output forecast on lingering supply chain woes; loss narrows
Magna Announces Second Quarter 2023 Results
Sales increased 17% to $11.0 billion, compared to global light vehicle production increase of 15% Diluted earnings per share were $1.18 Adjusted diluted earnings per share increased 81% to $1.50 Completed the acquisition of Veoneer Active Safety Raised 2023 outlook for Total Sales, Adjusted EBIT Margin and Adjusted Net Income attributable to Magna AURORA, Ontario,… Continue reading Magna Announces Second Quarter 2023 Results
Is a Surprise Coming for Magna (MGA) This Earnings Season?
Investors are always looking for stocks that are poised to beat at earnings season and Magna International Inc. MGA may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Magna is seeing favorable earnings estimate revision activity as of… Continue reading Is a Surprise Coming for Magna (MGA) This Earnings Season?
Global Artificial Intelligence in Transportation Research Report 2023-2032: The Future of Transportation – AI Revolutionizing Semi-Autonomous and Autonomous Vehicles
DUBLIN, Aug. 2, 2023 /PRNewswire/ — The “Artificial Intelligence in Transportation Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global artificial intelligence in transportation market has experienced remarkable growth, surging from $2.6 billion in 2022 to $3.1 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 19.4%. The market… Continue reading Global Artificial Intelligence in Transportation Research Report 2023-2032: The Future of Transportation – AI Revolutionizing Semi-Autonomous and Autonomous Vehicles
Commercial Vehicle Demand and EV Adoption Accelerate the Global Automotive Axles Market to 2027
DUBLIN, Aug. 1, 2023 /PRNewswire/ — The “Global Automotive Axles Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering. The automotive axles market is poised for substantial growth, with a projected increase of USD 21,994.05 million during the forecast period of 2022-2027, demonstrating an accelerated CAGR of 5.81%. This forecast is detailed in a comprehensive report… Continue reading Commercial Vehicle Demand and EV Adoption Accelerate the Global Automotive Axles Market to 2027
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™
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™