MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS

CHATTANOOGA, Tenn., Aug. 3, 2022 /PRNewswire/ — Miller Industries, Inc. (NYSE: MLR) (the “Company”) today announced financial results for the second quarter ended June 30, 2022. For the second quarter of 2022, net sales were $201.5 million, an increase of 11.2%, compared to $181.2 million for the second quarter of 2021. Net income in the… Continue reading MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS

German FAZ: The seven dangers for the competition system 003856

Dangerous competition for Germany? Chinese dockers in Qingdao Image: AFP We can prevent the concentration of economic power and improve opportunities for prosperity. However, this raises the fundamental question: Does competition in a market economy really serve the people? A guest post. The competitive order is facing major challenges in the course of the digital… Continue reading German FAZ: The seven dangers for the competition system 003856

Volvo sells 44,664 cars in July; to set up battery production plant in Sweden

New Delhi: Swedish carmaker Volvo Cars today reported sales of 44,664 cars in July, down 21.5% compared with the same month last year. Demand for the company’s cars remains robust, especially for its Recharge range of pure electric and plug-in hybrid cars, a company statement said. Recharge cars accounted for 21.5% of sales in July.… Continue reading Volvo sells 44,664 cars in July; to set up battery production plant in Sweden

Pelosi Trip Delays Tesla Supplier CATL’s North America Plant Announcement

Reuters OPEC+ approves tiny oil output rise in rebuff to Biden NUR-SULTAN/LONDON (Reuters) -OPEC+ is set to raise its oil output goal by 100,000 barrels per day, an amount analysts said was an insult to U.S. President Joe Biden after his trip to Saudi Arabia to ask the producer group’s leader to pump more to… Continue reading Pelosi Trip Delays Tesla Supplier CATL’s North America Plant Announcement

Why Nio Shares Dropped Then Recovered Today

Associated Press China blocks some Taiwan imports but avoids chip disruptions China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the world’s most important technology and manufacturing relationships. The two sides, which split in 1949… Continue reading Why Nio Shares Dropped Then Recovered Today

Numerica announces divestiture of space division

Strategic sale positions Colorado company with laser focus on air & missile defense for rapid growth FORT COLLINS, Colo., Aug. 3, 2022 /PRNewswire/ — A leader in air defense, missile defense and space domain awareness, Numerica is known for solving some of the nation’s most important defense challenges. After several years of innovation and growth,… Continue reading Numerica announces divestiture of space division

German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004933

Wolf-Henning Scheider Der Vorstandsvorsitzende legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf die grassierende… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004933

@BMW: Statement Dr Nicolas Peter, Member of the Board of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2022002170

Good Morning, Ladies and Gentlemen. The BMW Group successfully managed the second quarter of 2022 and delivered good results – despite difficult business conditions. Overall, the first half of the year was characterised by continuing semiconductor bottlenecks and supply chain disruptions. This meant the BMW Group was not fully able to meet demand. As a… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of BMW AG, Finance, Conference Call Half-Year Report to 30 June 2022002170