Magna Announces Fourth Quarter 2022 Results and 2023 Outlook

Fourth Quarter 2022 Highlights Sales increased 5% to $9.6 billion Excluding foreign currency translation sales increased 13%, compared to a global light vehicle production increase of 5% Diluted earnings per share and Adjusted diluted earnings per share decreased to $0.33 and $0.91, respectively, compared to $1.54 and $1.30 last year Returned $131 million to shareholders… Continue reading Magna Announces Fourth Quarter 2022 Results and 2023 Outlook

Worldwide Automotive Window and Exterior Sealing Industry to 2031 – Market Analysis, Size, Share, Growth, Trends and Forecasts

DUBLIN, Feb. 9, 2023 /PRNewswire/ — The “Automotive Window and Exterior Sealing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031” report has been added to  ResearchAndMarkets.com’s offering. This report on the global automotive window and exterior sealing market studies the past as well as the current growth trends and opportunities to gain… Continue reading Worldwide Automotive Window and Exterior Sealing Industry to 2031 – Market Analysis, Size, Share, Growth, Trends and Forecasts

TuSimple names permanent General Counsel

SAN DIEGO, Feb. 9, 2023 /PRNewswire/ — TuSimple (Nasdaq:TSP), a global autonomous driving technology company, announced today that Evan Dunn has been promoted to serve as the company’s General Counsel. The position oversees TuSimple’s legal department, including compliance, corporate governance, litigation and intellectual property. Mr. Dunn replaces Susan Marsch who held the position on an interim… Continue reading TuSimple names permanent General Counsel

Tiny IoT devices are getting their own special encryption algorithms

Image: AerialPerspective Images/Getty Images The US Department of Commerce’s technical standards organization NIST has nominated the Ascon group of cryptographic algorithms for protecting small devices and information transmitted to and from IoT devices.  NIST will later this year publish the “lightweight cryptography” standard after picking the Ascon family for the task.   Also: What is the… Continue reading Tiny IoT devices are getting their own special encryption algorithms

Major plug-in hybrid cars pollute more than official measures suggest

Major plug-in hybrid cars pollute more than official measures suggest BMW, Renault and Peugeot PHEVs all exceeded carbon dioxide output claimed in standard lab tests, on-road tests show BMW’s 3 series plug-in hybrid emitted three times its official rating of 36g of carbon dioxide per kilometre. Photograph: Anadolu Agency/Getty Images BMW’s 3 series plug-in hybrid… Continue reading Major plug-in hybrid cars pollute more than official measures suggest

LG CEO Highlights Plans to Boost Company’s Presence in B2B Market During Visits to USA and Europe

February 8, 2023 LG CEO Highlights Plans to Boost Company’s Presence in B2B Market During Visits to USA and Europe Open share list Share this content. CEO William Cho Discusses Current B2B Businesses and Underscores ProvidingOutstanding Customer Experiences via Advanced Integrated Solutions SEOUL, Feb. 8, 2023 — LG Electronics’ (LG) CEO William Cho highlighted strategies… Continue reading LG CEO Highlights Plans to Boost Company’s Presence in B2B Market During Visits to USA and Europe

Vehicle Electrification Market is expected to generate a revenue of USD 117.94 Billion by 2028, Globally, at 8.3 % CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Vehicle Electrification Market. JERSEY CITY, N.J., Feb. 7, 2023 /PRNewswire/ — Verified Market Research® recently published a report, “Vehicle Electrification… Continue reading Vehicle Electrification Market is expected to generate a revenue of USD 117.94 Billion by 2028, Globally, at 8.3 % CAGR: Verified Market Research®

Vehicle Electrification Market is expected to generate a revenue of USD 117.94 Billion by 2028, Globally, at 8.3 % CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Vehicle Electrification Market. JERSEY CITY, N.J., Feb. 7, 2023 /PRNewswire/ — Verified Market Research® recently published a report, “Vehicle Electrification… Continue reading Vehicle Electrification Market is expected to generate a revenue of USD 117.94 Billion by 2028, Globally, at 8.3 % CAGR: Verified Market Research®

Vehicle Electrification Market is expected to generate a revenue of USD 117.94 Billion by 2028, Globally, at 8.3 % CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Vehicle Electrification Market. JERSEY CITY, N.J., Feb. 7, 2023 /PRNewswire/ — Verified Market Research® recently published a report, “Vehicle Electrification… Continue reading Vehicle Electrification Market is expected to generate a revenue of USD 117.94 Billion by 2028, Globally, at 8.3 % CAGR: Verified Market Research®

Magna revoit ses perspectives pour l’année 2022 afin de refléter les résultats préliminaires de 2022

AURORA, Ontario, 03 févr. 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui avoir revu ses perspectives pour l’année 2022 afin de refléter une marge du BAII ajustée attendue1 inférieure à la fourchette indiquée dans son communiqué de presse du 4 novembre 2022. Sur la base des résultats préliminaires non audités, les ventes totales… Continue reading Magna revoit ses perspectives pour l’année 2022 afin de refléter les résultats préliminaires de 2022