German FAZ: Volkswagen is trying to be a price breaker008081

New models and some price reductions are stirring up the price segment of cheaper electric cars. Nevertheless, there is little hope that a larger model range of cheaper electric cars could solve the current employment problems in Germany. Opel boss Florian Huettl said in an interview with the “Augsburger Allgemeine”: “We cannot build electric cars… Continue reading German FAZ: Volkswagen is trying to be a price breaker008081

German FAZ: Volkswagen is trying to be a price breaker008081

New models and some price reductions are stirring up the price segment of cheaper electric cars. Nevertheless, there is little hope that a larger model range of cheaper electric cars could solve the current employment problems in Germany. Opel boss Florian Huettl said in an interview with the “Augsburger Allgemeine”: “We cannot build electric cars… Continue reading German FAZ: Volkswagen is trying to be a price breaker008081

Walmart adds Chevy Brightdrop electric vans to its delivery fleet

This summer, General Motors moved its electric van company BrightDrop into Chevy to boost sales and better compete with Ford, Rivian, and others in the electric van space. And now the Chevy-branded version of the van has a new deal in place with Walmart. After piloting 400 BrightDrop vans for customer deliveries, Walmart is now… Continue reading Walmart adds Chevy Brightdrop electric vans to its delivery fleet

BorgWarner Inc (BWA) Q3 2024 Earnings Call Highlights: Strong Margins and Strategic Wins Amid …

Organic Sales: $3.4 billion, down 5% year-over-year. Market Outperformance: Outgrew market by 270 basis points year-to-date. Operating Margin: 10.1%, up 50 basis points from last year. Earnings Per Share (EPS): $1.09, $0.11 higher than prior year. Free Cash Flow: $201 million in Q3. Share Repurchase: Completed $400 million repurchase for 2024. Full Year Sales Guidance:… Continue reading BorgWarner Inc (BWA) Q3 2024 Earnings Call Highlights: Strong Margins and Strategic Wins Amid …

Q3 2024 Borgwarner Inc Earnings Call

On your telephone keypad.If you would like to remove your, please press the star two.If you’re using a speakerphone, please pickup the handset before asking your question.I would now like to turn the call over to Patrick Nolan, Vice President and President of Investor Relations.Mr. Nolan, you may begin your conference.Badger, Tony, and good morning,… Continue reading Q3 2024 Borgwarner Inc Earnings Call