Munich/Steyr (Austria). The BMW Group Plant Steyr today began series production of the e-engine for the Neue Klasse. “Today, we are laying the foundations for the future of the BMW Group,” explained Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production. “As the first production site for the Gen6 electric… Continue reading @BMW: Steyr goes electric: BMW Group launches series production of electric engines for Neue Klasse004272
Tag: Magna
Bank Leumi to Report 2Q 2025 Financial Results on August 13, 2025
TEL AVIV, Israel, July 30, 2025 /PRNewswire/ — Bank Leumi (TASE:LUMI) announced today that it will release its Second Quarter Financial Results on Wednesday, August 13, 2025. A conference call for analysts and investors will be held on the same day at 5 PM (Israel); 3 PM (UK); 10 AM (EST) to discuss the results.… Continue reading Bank Leumi to Report 2Q 2025 Financial Results on August 13, 2025
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 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
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
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
Cummins Elects Matthew Tsien to its Board of Directors
– Cummins Elects Matthew Tsien to its Board of Directors COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) announced the election of Matthew Tsien to its Board of Directors. “I am honored to welcome Matt to our Board of Directors,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “His deep technical expertise, global leadership experience and… Continue reading Cummins Elects Matthew Tsien to its Board of Directors