Most readers would already know that Magna International’s (TSE:MG) stock increased by 3.4% over the past week. However, its weak financial performance indicators makes us a bit doubtful if that trend could continue. Particularly, we will be paying attention to Magna International’s ROE today. Return on equity or ROE is a key measure used to… Continue reading Magna International Inc.’s (TSE:MG) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Tag: Magna
@Fisker: Fisker to Open China Delivery Center in 2023 and Start Deliveries of Fisker Ocean SUV in Q1 2024000135
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its plans to open a delivery center in China in 2023 and commence deliveries of the Fisker Ocean SUV in Q1 2024. “After beginning deliveries in Europe and with first vehicles coming… Continue reading @Fisker: Fisker to Open China Delivery Center in 2023 and Start Deliveries of Fisker Ocean SUV in Q1 2024000135
Automotive Retrofit Electric Vehicle Powertrain Global Market Report 2023: Sector to Reach $89.56 Billion by 2027 at an 8.3% CAGR
DUBLIN, June 8, 2023 /PRNewswire/ — The “Automotive Retrofit Electric Vehicle Powertrain Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global automotive retrofit electric vehicle powertrain market is expected to grow from $59.54 billion in 2022 to $65.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The automotive… Continue reading Automotive Retrofit Electric Vehicle Powertrain Global Market Report 2023: Sector to Reach $89.56 Billion by 2027 at an 8.3% CAGR
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[1/2] Google, Microsoft and Alphabet logos and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration/ June 8 (Reuters) – Alphabet’s (GOOGL.O) Google and Microsoft (MSFT.O) are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands… Continue reading article with gallery
Magna opens Asia innovation Campus in Bengaluru to support global projects
Updated On Jun 7, 2023 at 01:25 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The campus – spanning 2,39,000 sq.ft. – will be the centre of Magna’s R&D activities in Asia and will support various global projects. Company leadership was joined today by employees, customers and public officials to inaugurate… Continue reading Magna opens Asia innovation Campus in Bengaluru to support global projects
Magna inaugurates Innovation Campus centre in Bengaluru
Magna, a mobility technology company has inaugurated its Innovation Campus in Bengaluru, India. The campus – spanning 239,000 square-feet – will be the center of the company’s R&D activities in Asia and will support various global projects. As per the company announcement, Magna has invested approximately US$120 million towards the manufacturing of the centre and… Continue reading Magna inaugurates Innovation Campus centre in Bengaluru
Magna inaugurates Innovation Campus centre in Bengaluru
Magna, a mobility technology company has inaugurated its Innovation Campus in Bengaluru, India. The campus – spanning 239,000 square-feet – will be the center of the company’s R&D activities in Asia and will support various global projects. As per the company announcement, Magna has invested approximately US$120 million towards the manufacturing of the centre and… Continue reading Magna inaugurates Innovation Campus centre in Bengaluru
@Fisker: Fisker Details Emission Credits Strategy for United States000134
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, is preparing to incorporate the sale of emission credits into its overall business strategy in the United States. The company has already entered into an agreement to sell credits to a major automaker at… Continue reading @Fisker: Fisker Details Emission Credits Strategy for United States000134
Easelink launches its automated Matrix Charging technology in the US
Austria-based Easelink is preparing for series production of its hands-free, automated conductive charging technology. The company will demonstrate its Matrix Charging technology for the first time to US industry players at the upcoming Electric Vehicle Symposium and Exposition in Sacramento. The Matrix Charging system consists of an underbody vehicle unit (the Connector) and a charging… Continue reading Easelink launches its automated Matrix Charging technology in the US
Veoneer completes sale of Active Safety business to Magna
STOCKHOLM, June 1, 2023 /PRNewswire/ — The automotive technology company Veoneer announced the completion of the sale of its Active Safety business to Magna, a mobility technology company and one of the largest suppliers in the auto industry. The transaction was first announced on December 20, 2022. “Today is a great day for all stakeholders… Continue reading Veoneer completes sale of Active Safety business to Magna