Shares of Goodyear Tire GT have risen 4.3% since the company reported first-quarter 2024 results. It reported first-quarter 2024 adjusted earnings per share (EPS) of 10 cents, surpassing the Zacks Consensus Estimate of breakeven earnings. The company had incurred a loss of 29 cents in the year-ago quarter. The company generated net revenues of $4.53… Continue reading Goodyear’s (GT) Shares Rise 4.3% Since Q1 Earnings Beat
Tag: Geely
Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market
The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China. New duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (NIO) are set to quadruple in 2024, to 100% from 25% of the cost of the vehicle. But the… Continue reading Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market
Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market
The big headline from President Biden’s new tariffs on Chinese goods announced Tuesday was the massive hit to electric vehicles made in China. New duties on EVs from companies like BYD (BYDDY), Geely (GELYF), and NIO (NIO) are set to quadruple in 2024, to 100% from 25% of the cost of the vehicle. But the… Continue reading Why Biden’s tariffs on Chinese EVs will have little immediate impact on the US auto market
@Geely: Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024
Jinhua, China, May 13, 2024 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its first quarter 2024 financial results on Thursday, May 16, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M.… Continue reading @Geely: Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024
Retro Rides weekender: the joy of old-school motoring
Buttonless key. Ignition barrel. Turn once. Turn again. Turn a third time. A screeching fanbelt whines before a multi-cylinder roar takes over then settles to a lumpy idle. What has just been described encapsulates the whole premise of Retro Rides – and the experience reflects ours when we took a top-spec Volvo 850 T5-R along… Continue reading Retro Rides weekender: the joy of old-school motoring
Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
Adient ADNT reported adjusted earnings per share (EPS) of 54 cents for the second quarter of fiscal 2024. Earnings rose from 32 cents recorded in the year-ago period and outpaced the Zacks Consensus Estimate of 39 cents. The company generated net sales of $3.75 billion, which decreased 4.1% year over year and missed the Zacks… Continue reading Adient (ADNT) Q2 Earnings Beat Estimates, Guidance Revised
@Geely-Volvo: Volvo Cars has completed the distribution of 62.7 percent of its Polestar shareholding to its shareholders and commences the conversion period of SDRs into Polestar Class A ADSs
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Clean Technica: Solar Power’s Rapid Growth (Graphs), Tesla Cybertruck Review, EV Sales Up — Top Cleantech News of the Week003418
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Friday is here! Unfortunately, the heat is rising fast here in Florida and it’s hard to enjoy some of the outdoor activities we love while suffering in the extreme heat and thinking about how dangerously we are heating up… Continue reading Clean Technica: Solar Power’s Rapid Growth (Graphs), Tesla Cybertruck Review, EV Sales Up — Top Cleantech News of the Week003418
How American carmakers lost ground in China
American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition in electric vehicle technology and software. U.S. automaker sales have fallen dramatically since their peak a few years ago. “I don’t want to sound overly… Continue reading How American carmakers lost ground in China
Royal Enfield eyes 2X growth of premium motorcycle industry in long term
Amid growing competition from global players like Harley-Davidson and Triumph, Eicher Motors-owned Royal Enfield is looking to outpace the premium two-wheeler industry growth, with a target to grow at double the pace of the industry in the long term. The automaker said the company is more concerned about growing its business than expanding its margins. … Continue reading Royal Enfield eyes 2X growth of premium motorcycle industry in long term