Mobility is the largest Bosch Group business sector. It generated sales of 55.8 billion euros in 2024, and thus contributed around 62 percent of total sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Bosch Engineering GmbH achieves AWS Competency
Tag: Tier 1 Suppliers
Bosch commissions its first in-house electrolyzer with Hybrion electrolysis stacks
Mobility is the largest Bosch Group business sector. It generated sales of 55.8 billion euros in 2024, and thus contributed around 62 percent of total sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Bosch commissions its first in-house electrolyzer with Hybrion electrolysis stacks
Magna Announces Renewal of Normal Course Issuer Bid
NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the Toronto Stock Exchange’s… Continue reading Magna Announces Renewal of Normal Course Issuer Bid
Magna Announces Renewal of Normal Course Issuer Bid
Magna International Inc. NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the… Continue reading Magna Announces Renewal of Normal Course Issuer Bid
Continental expands Mexican footprint with new $90m Aguascalientes plant
The ribbon-cutting ceremony at ContiTech’s Aguascalientes plant. Credits: Continental. German automotive parts manufacturer Continental AG has unveiled its new hydraulics production facility in Aguascalientes, Mexico. Initially announced in January 2024, Continental has invested $90m in the facility. The new plant, using advanced manufacturing, will deliver locally engineered solutions to meet regional needs. It will also generate more than 200… Continue reading Continental expands Mexican footprint with new $90m Aguascalientes plant
Goodyear (GT) Soars 7.85 as Restructuring to Slash $2.2-Billion Debt
We recently published 10 Firms Stealing Market Spotlight Amid Bloodbath. The Goodyear Tire & Rubber Company (NASDAQ:GT) is one of the best-performing stocks on Tuesday. The Goodyear grew its share prices by 7.84 percent on Tuesday to close at $7.43 apiece as investors cheered restructuring efforts and progress expected to help shave off as much… Continue reading Goodyear (GT) Soars 7.85 as Restructuring to Slash $2.2-Billion Debt
With chemical business sale in rearview, Goodyear embarks on Q4 restructuring effort
Goodyear sold the majority of its chemical business for $650 million and will use the proceeds — along with gains from two other business sales — to pay down roughly $2.2B of its more than $7B debt. The company’s Goodyear Forward program, which involved the sale of the three companies and cost reductions, is moving… Continue reading With chemical business sale in rearview, Goodyear embarks on Q4 restructuring effort
Goodyear Tire & Rubber Co (GT) Q3 2025 Earnings Call Highlights: Navigating Challenges with …
This article first appeared on GuruFocus. Revenue: $4.6 billion for the third quarter. Segment Operating Income: $287 million, an increase of $128 million compared to the second quarter. Net Loss: $2.2 billion, driven by non-cash non-recurring items including a deferred tax valuation allowance and a goodwill impairment in the Americas. Earnings Per Share (Adjusted): $0.28… Continue reading Goodyear Tire & Rubber Co (GT) Q3 2025 Earnings Call Highlights: Navigating Challenges with …
Samsung Electro-Mechanics Signs MOU with Sumitomo Chemical Group to Establish a Joint Venture for ‘Glass Core’ Used in Package Substrates
Strengthening strategic cooperation for next-generation semiconductor package core material ‘Glass Core’ Aiming to lead the glass substrate market by combining strengths in preparation for the AI era TOKYO and SEOUL, South Korea, Nov. 5, 2025 /PRNewswire/ — Samsung Electro-Mechanics announced on the 5th that it has signed a memorandum of understanding (MOU) with Sumitomo Chemical Group… Continue reading Samsung Electro-Mechanics Signs MOU with Sumitomo Chemical Group to Establish a Joint Venture for ‘Glass Core’ Used in Package Substrates
Magna Announces Renewal of Normal Course Issuer Bid
NCIB authorizes the discretionary repurchase of up to 25,300,000 Magna Common Shares, representing approximately 10% of Magna’s public float. NCIB takes effect on November 7, 2025, and terminates no later than November 6, 2026. AURORA, Ontario, Nov. 05, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) announces today the Toronto Stock Exchange’s… Continue reading Magna Announces Renewal of Normal Course Issuer Bid