The electric version of the Maserati MC20 supercar could still see the light of day if the market picks up, says Maserati, after it cancelled the model earlier this year, citing insufficient demand. Promising huge power and similar dynamics to those of the V6 car, the MC20 Folgore would have been the first electric supercar on… Continue reading Electric Maserati MCPura could still happen – if customers want it
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Magna Advances Vehicle Safety Innovation with Integrated Interior Sensing Systems
Magna International Inc. Child Presence Detection Magna’s Child Presence Detection technology advances occupant safety, gaining momentum with industry adoption Magna’s integrated interior sensing systems are experiencing growing demand from multiple OEMs worldwide Interior sensing systems are essential for comprehensive and responsive vehicle safety while maintaining a positive driving experience Advanced features in Child Presence Detection… Continue reading Magna Advances Vehicle Safety Innovation with Integrated Interior Sensing Systems
Magna Advances Vehicle Safety Innovation with Integrated Interior Sensing Systems
Magna’s integrated interior sensing systems are experiencing growing demand from multiple OEMs worldwide Interior sensing systems are essential for comprehensive and responsive vehicle safety while maintaining a positive driving experience Advanced features in Child Presence Detection technology enhance occupant safety, preventing heatstroke in vulnerable passengers AURORA, Ontario, July 29, 2025 (GLOBE NEWSWIRE) — Magna is… Continue reading Magna Advances Vehicle Safety Innovation with Integrated Interior Sensing Systems
Magna (MGA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Wall Street expects a year-over-year decline in earnings on lower revenues when Magna (MGA) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The… Continue reading Magna (MGA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Fibracast Appoints Former Magna COO Tom Skudutis as Chief Operating Officer
HAMILTON, Ontario, July 23, 2025–(BUSINESS WIRE)–Fibracast Ltd. (“Fibracast” or the “Company”), a leading developer and manufacturer of innovative membrane technologies for advanced water and wastewater treatment, is pleased to announce the appointment of Mr. Tommy (Tom) J. Skudutis as Chief Operating Officer, effective immediately. Mr. Skudutis brings more than 30 distinguished years of global manufacturing… Continue reading Fibracast Appoints Former Magna COO Tom Skudutis as Chief Operating Officer
Factories start humming with festive frenzy
Electronics and auto firms to ramp up premium product output by 10–20 per cent in Q2, betting on festive demand for high-end gadgets and SUVs. Consumer electronics, smartphone and automobile companies plan to produce 10-20 per cent more premium products in the July-September quarter compared to last year, ahead of the crucial festive season when… Continue reading Factories start humming with festive frenzy
With 81% ownership of the shares, Magna International Inc. (TSE:MG) is heavily dominated by institutional owners
Significantly high institutional ownership implies Magna International’s stock price is sensitive to their trading actions The top 19 shareholders own 50% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock This technology could replace computers: discover the 20 stocks are working to make quantum… Continue reading With 81% ownership of the shares, Magna International Inc. (TSE:MG) is heavily dominated by institutional owners
Valmet to deliver biomass boiler and flue gas cleaning system to Saica Group in Spain
Valmet Oyj’s press release, July 21, 2025, at 11:00 a.m. EEST ESPOO, Finland, July 21, 2025 /PRNewswire/ — Valmet has received an order from Saica Group (Sociedad Anónima Industrias Celulosa Aragonesa) to supply a biomass boiler and flue gas cleaning system for Saica Group’s plant in El Burgo de Ebro, Zaragoza, Spain. The order is included in… Continue reading Valmet to deliver biomass boiler and flue gas cleaning system to Saica Group in Spain
Sona Comstar Forms Joint Venture in China with Jinnaite Machinery
Sona BLW Precision Forgings Ltd., known as Sona Comstar, announced on July 20, 2025, that its board of directors approved the formation of a joint venture in China with Jinnaite Machinery Co. Ltd. The partnership will manufacture and supply driveline systems and components to automotive original equipment manufacturers in China and globally. Under the agreement,… Continue reading Sona Comstar Forms Joint Venture in China with Jinnaite Machinery
Omnicom and Interpublic Clear Australia Antitrust Review
NEW YORK, July 17, 2025 /PRNewswire/ — Omnicom (NYSE: OMC) and Interpublic (NYSE: IPG) today announced the Australia Competition and Consumer Commission (ACCC) has granted clearance for Omnicom’s pending acquisition of Interpublic. The ACCC approval brings the total number of antitrust approvals to 14 out of the 18 required for closing. The companies remain firmly… Continue reading Omnicom and Interpublic Clear Australia Antitrust Review