TEL AVIV, Israel, May 6, 2025 /PRNewswire/ — Bank Leumi (TASE: LUMI) announced today that it will release its First Quarter Financial Results on Tuesday, May 20, 2025. A conference call for analysts and investors will be held on the same day at 5 PM (Israel); 3 PM (UK); 10 AM (ET) to discuss the results.… Continue reading Bank Leumi to Report 1Q 2025 Financial Results on May 20, 2025
Tag: Contract Manufacturer
Waymo ramps up robotaxi production at new Arizona factory
Waymo has played coy for years about exactly how many Jaguar I-Pace EVs are in its autonomous fleet — a figure that covers vehicles used in testing and commercial robotaxi operations. On Monday, the Alphabet company finally provided a peek at the commercial side of the fleet. Waymo said Monday, as part of a larger… Continue reading Waymo ramps up robotaxi production at new Arizona factory
Waymo plans to more than double its self-driving I-PACE fleet within the next year
Waymo announced plans to more than double its fleet of self-driving I-PACE electric vehicles by the end of next year. Today, self-driving market leader Waymo announced its manufacturing expansion plans. Waymo has been partnering with Magna to integrate its’ Waymo Driver’ into existing vehicles, especially the Jaguar I-PACE electric SUV, which also happens to be… Continue reading Waymo plans to more than double its self-driving I-PACE fleet within the next year
Waymo plans to double robotaxi production at Arizona plant by end of 2026
A Waymo self-driving vehicle seen in Phoenix, Arizona, on Feb. 27, 2025. Leslie Josephs | CNBC Alphabet-owned Waymo and the auto manufacturing giant Magna International plan to double robotaxi production at their new plant in Mesa, Arizona, by the end of 2026, the companies announced Monday. The “Waymo Driver Integration Plant,” a 239,000 square foot facility… Continue reading Waymo plans to double robotaxi production at Arizona plant by end of 2026
Electric Vehicles Update – Advancements in Battery Materials Boosting Innovation in EV Industry
NEO Battery Materials Ltd., a developer of low-cost silicon anode materials for lithium-ion batteries, has appointed Dr. Matthew Dawson, CEO of Elementium Materials, as a Senior Scientific Advisor. Dr. Dawson’s extensive background in advancing energy transition technologies is expected to bring valuable insights and support to NEO’s commercialization of its battery technology. This development highlights… Continue reading Electric Vehicles Update – Advancements in Battery Materials Boosting Innovation in EV Industry
Magna International First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Revenue: US$10.1b (down 8.2% from 1Q 2024). Net income: US$146.0m (up by US$137.0m from 1Q 2024). Profit margin: 1.4% (up from 0.1% in 1Q 2024). The increase in margin was driven by lower expenses. EPS: US$0.52 (up from US$0.031 in 1Q 2024). We’ve found 21 US stocks that are forecast to pay a dividend yield… Continue reading Magna International First Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Magna Announces First Quarter 2025 Results
Comparing the first quarter of 2025 to the first quarter of 2024: – Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe and North America, respectively – Diluted earnings per share of $0.52 and Adjusted diluted earnings per share of $0.78, compared to… Continue reading Magna Announces First Quarter 2025 Results
Magna International Inc (MGA) Q1 2025 Earnings Call Highlights: Navigating Challenges and …
Consolidated Sales: $10.1 billion, down 8% year-over-year. Adjusted EBIT: $354 million with an adjusted EBIT margin of 3.5%. Adjusted EPS: $0.78, down 28% year-over-year. Free Cash Flow: Used $313 million in the quarter. North American Production: Reduced by about 100,000 units to 15 million. Capital Spending: Expected to be in the $1.7 billion to $1.8… Continue reading Magna International Inc (MGA) Q1 2025 Earnings Call Highlights: Navigating Challenges and …
Magna Announces First Quarter 2025 Results
Comparing the first quarter of 2025 to the first quarter of 2024: – Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe and North America, respectively – Diluted earnings per share of $0.52 and Adjusted diluted earnings per share of $0.78, compared to… Continue reading Magna Announces First Quarter 2025 Results
Magna International Plans Cost Cuts to Limit Tariff Impact, Expects $250 Million Annual Hit From Import Duties
Magna International (MGA, MG.TO) said Friday it will implement cost-cutting measures to reduce the l Go to Source