Magna International Inc. Magna Completes Acquisition Magna strengthens global active safety position with acquisition Broadens Magna’s active safety portfolio Strengthens Magna’s global position as a top active safety supplier Increases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) — Magna strengthens its active safety business with the completion… Continue reading Magna Completes Acquisition of Veoneer Active Safety Business
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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
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
China’s Great Wall Motor plans EV battery assembly, research in Thailand
By Devjyot Ghoshal BANGKOK (Reuters) – China’s Great Wall Motor Co Ltd is finalising plans to invest up to $30 million to set up a new battery pack assembly plant in Thailand, where it will start making a compact electric car next year, according to a company official. The Hebei-based company is also considering establishing… Continue reading China’s Great Wall Motor plans EV battery assembly, research in Thailand
Magna Completes Acquisition of Veoneer Active Safety Business
Broadens Magna’s active safety portfolio Strengthens Magna’s global position as a top active safety supplier Increases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) — Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed… Continue reading Magna Completes Acquisition of Veoneer Active Safety Business
Marine propulsion engine market size to grow by USD 1536.38 million from 2022 to 2027: Increase in maritime trade and fleet size to boost the growth – Technavio
NEW YORK, May 31, 2023 /PRNewswire/ — The global marine propulsion engine market size is estimated to increase by USD 1,536.38 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 3.99%. The increase in maritime trade and fleet size is driving market growth. Maritime trade volumes are increasing globally owing… Continue reading Marine propulsion engine market size to grow by USD 1536.38 million from 2022 to 2027: Increase in maritime trade and fleet size to boost the growth – Technavio
MILLER INDUSTRIES ANNOUNCES ACQUISITION OF SOUTHERN HYDRAULIC CYLINDER
CHATTANOOGA, Tenn., May 31, 2023 /PRNewswire/ — Miller Industries, Inc. (NYSE: MLR), the World’s Largest Manufacturer of Towing and Recovery Equipment, today announced that it has acquired Southern Hydraulic Cylinder, Inc., a custom hydraulic cylinder manufacturer, in an all-cash transaction for an aggregate purchase price of approximately $17.5 million, subject to certain pre- and post-closing… Continue reading MILLER INDUSTRIES ANNOUNCES ACQUISITION OF SOUTHERN HYDRAULIC CYLINDER
China’s Great Wall Motor plans EV battery assembly, research in Thailand
By Devjyot Ghoshal BANGKOK (Reuters) – China’s Great Wall Motor Co Ltd is finalising plans to invest up to $30 million to set up a new battery pack assembly plant in Thailand, where it will start making a compact electric car next year, according to a company official. The Hebei-based company is also considering establishing… Continue reading China’s Great Wall Motor plans EV battery assembly, research in Thailand
China’s Great Wall Motor plans EV battery assembly, research in ThailandThe automaker has 10 similar development hubs globally that focus on other tec…
China’s Great Wall Motor Co Ltd is finalising plans to invest up to $30 million to set up a new battery pack assembly plant in Thailand, where it will start making a compact electric car next year, according to a company official. The Hebei-based company is also considering establishing a research and development centre in… Continue reading China’s Great Wall Motor plans EV battery assembly, research in ThailandThe automaker has 10 similar development hubs globally that focus on other tec…
At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Magna International Inc. (TSE:MG) received a lot of attention from a substantial price movement on the TSX over the last few months, increasing to CA$77.58 at one point, and dropping to the lows of CA$67.99. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a… Continue reading At CA$70.18, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?