NEW YORK, Aug. 7, 2024 /PRNewswire/ — The global auto parts market size is estimated to grow by USD 354.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.2% during the forecast period. Increased usage of technological advancement in the global auto parts market is driving market growth, with… Continue reading Auto Parts Market size is set to grow by USD 354.9 billion from 2024-2028, Increased usage of technological advancement in the global auto parts market boost the market, Technavio
Tag: Magna
Maker of Jaguar I-Pace, BMW Z4 faces uncertain future
The overflow factory of choice for car makers in the UK and Germany is facing an uncertain future after the planned and unplanned ending of contracts leave it with just one vehicle to build. Magna Steyr in Austria, a division of Canadian automotive giant Magna International, is a contract manufacturer of long-standing that has built… Continue reading Maker of Jaguar I-Pace, BMW Z4 faces uncertain future
Magna International Second Quarter 2024 Earnings: EPS Misses Expectations
Magna International (TSE:MG) Second Quarter 2024 Results Key Financial Results Revenue: US$11.0b (flat on 2Q 2023). Net income: US$313.0m (down 7.7% from 2Q 2023). Profit margin: 2.9% (down from 3.1% in 2Q 2023). EPS: US$1.09 (down from US$1.18 in 2Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month… Continue reading Magna International Second Quarter 2024 Earnings: EPS Misses Expectations
BMW Motorrad reveals CE 02 x Vagabund customised EV
While the international customising scene around BMW Motorrad focuses primarily on the BMW Motorrad Heritage models BMW R 18 and BMW R 12 nineT with inspiring creativity, high levels of craftsmanship and new ideas, the bike maker’s Austrian arm has now developed a new project based on the BMW CE 02 electric two-wheeler. In collaboration… Continue reading BMW Motorrad reveals CE 02 x Vagabund customised EV
BMW Motorrad reveals CE 02 x Vagabund customised EV
While the international customising scene around BMW Motorrad focuses primarily on the BMW Motorrad Heritage models BMW R 18 and BMW R 12 nineT with inspiring creativity, high levels of craftsmanship and new ideas, the bike maker’s Austrian arm has now developed a new project based on the BMW CE 02 electric two-wheeler. In collaboration… Continue reading BMW Motorrad reveals CE 02 x Vagabund customised EV
Clean Technica: Tesla Hood Non-Recall “Recall,” Tesla FSD Death, Tesla Summon Crash with Cupboards — 5 Tesla Stories003529
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A number of Tesla stories have popped up in recent days that apparently didn’t inspire writers too much, as no one picked them up to cover them. However, it seems we should cover them all, briefly at least. So,… Continue reading Clean Technica: Tesla Hood Non-Recall “Recall,” Tesla FSD Death, Tesla Summon Crash with Cupboards — 5 Tesla Stories003529
@BMW: BMW Motorrad presents the BMW CE 02 x VAGABUND.003601
Munich/Graz/Salzburg. While the international customizing scene around BMW Motorrad focuses primarily on the BMW Motorrad Heritage models BMW R 18 andBMW R 12 nineT with inspiring creativity, high levels of craftsmanship and new ideas, Austria has now developed an extraordinary project based on the BMW CE 02. In collaboration with BMW Motorrad Austria in Salzburg,… Continue reading @BMW: BMW Motorrad presents the BMW CE 02 x VAGABUND.003601
Magna Announces Second Quarter 2024 Results
Sales of $11.0 billion were level with Q2, 2023, compared to a 2% increase in global light vehicle production Diluted earnings per share and Adjusted diluted earnings per share were $1.09 and $1.35, respectively Paid dividends of $134 million 2024 outlook for Total Sales largely unchanged, Adjusted EBIT Margin range narrowed to 5.4% to 5.8%… Continue reading Magna Announces Second Quarter 2024 Results
Auto parts supplier Magna’s quarterly results miss on fewer vehicle assemblies
By Nathan Gomes (Reuters) -Canada’s Magna International missed analysts’ estimates for second-quarter results, hurt by production being stopped for certain vehicles and lower volumes of automobiles assembled, sending the auto parts supplier’s shares down about 2%. The company, which counts BMW, Mazda and Ferrari as customers, produces parts and builds vehicles at its complete vehicle… Continue reading Auto parts supplier Magna’s quarterly results miss on fewer vehicle assemblies
Magna: Q2 Earnings Snapshot
AURORA, Ontario (AP) — AURORA, Ontario (AP) — Magna International Inc. (MGA) on Friday reported second-quarter net income of $313 million. On a per-share basis, the Aurora, Ontario-based company said it had net income of $1.09. Earnings, adjusted for non-recurring costs, came to $1.35 per share. The results fell short of Wall Street expectations. The… Continue reading Magna: Q2 Earnings Snapshot