DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday. GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with… Continue reading GM, Ford results likely to reflect chip shortage’s varying impacts on sector
Tag: Magna
Magna Updates 2021 Outlook
AURORA, Ontario, Oct. 20, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has updated its 2021 outlook to reflect declines in anticipated 2021 light vehicle production, including 7% and 9% in North America and Europe, respectively, in each case relative to expected light vehicle production levels disclosed in… Continue reading Magna Updates 2021 Outlook
Magna annonce la résiliation d’un accord de fusion avec Veoneer
Magna a renoncé à une période d’égalisation de quatre jours pour faire une contre-proposition Veoneer s’apprête à payer des frais de résiliation La décision de renoncer souligne l’approche disciplinée de Magna en matière d’évaluation AURORA, Ontario, 14 oct. 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui que le Conseil… Continue reading Magna annonce la résiliation d’un accord de fusion avec Veoneer
Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities
DUBLIN, Oct. 6, 2021 /PRNewswire/ — The “Automotive Glass Market Research Report by Application (Backlite, Rear Quarter Glass, and Side & Rear-View Mirror), by Type (Laminated and Tempered), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19″ report has been added to ResearchAndMarkets.com’s offering.… Continue reading Worldwide Automotive Glass Industry to 2026 – Advancement and Innovation in Windshield Technology Presents Opportunities
Q3-2021 Results Conference Call
AURORA, Ontario, Oct. 05, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) Q3-2021 RESULTS CONFERENCE CALL FRIDAY – NOVEMBER 5, 2021 8:00 AM ET DIAL IN NUMBERS North America: 1-800-926-9175 International: 1-416-641-6701 Webcast: www.magna.com Slide presentation will be available on our website prior to the call. REBROADCAST INFORMATION Replay available 2 hours… Continue reading Q3-2021 Results Conference Call
Qualcomm Acquires Veoneer (VNE), Defeats Magna With Higher Bid
Veoneer, Inc. VNE was recently acquired by Qualcomm QCOM for $4.5 billion, as the latter knocked out Magna International MGA with a higher bid. This acquisition puts an end to the bidding war brewing between the chipmaker and the car supplier for control of the Swedish automotive-technology company. Per the deal, Qualcomm partnered with the… Continue reading Qualcomm Acquires Veoneer (VNE), Defeats Magna With Higher Bid
Foxconn will build EVs for Lordstown Motors and Fisker at Ohio plant
Foxconn will build electric vehicles for Lordstown Motors as well as its other partner Fisker Inc. at a former GM factory in Ohio, under an agreement announced Thursday. Lordstown Motors, the beleaguered electric vehicle company that became publicly traded via a merger with a special purpose acquisition company, said Thursday it reached a nonbinding agreement… Continue reading Foxconn will build EVs for Lordstown Motors and Fisker at Ohio plant
New 2022 Ineos Grenadier to go on sale next year priced from £48,000 – AutoExpress
The Ineos Grenadier 4×4 will go sale next year with prices starting from “around £48,000” for the two-seat commercial version. The five-seat commercial and passenger models will cost “between £4,000 and £6,000 more”, according to UK Ineos boss Gary Pearson. The French-built, Austrian-engineered and British-conceived new 4×4 – evoking memories of the original Land Rover… Continue reading New 2022 Ineos Grenadier to go on sale next year priced from £48,000 – AutoExpress
LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum
September 23, 2021 LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum Open share list Share this content. Deal Helps LG Develop More Secure Auto Software, Enhance Growing Vehicle ComponentsBusiness and Allows Cybellum to Expand Security Solutions to Global Customers SEOUL, Sep. 23, 2021 — LG Electronics’ (LG) board of directors has approved… Continue reading LG to Acquire Israeli Vehicle Cybersecurity Risk Assessment Solution Provider Cybellum
TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee
AUBURN HILLS, Mich., Sept. 21, 2021 /PRNewswire/ — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has announced three executive level appointments as Hans Dieltjens assumes the role of President and Chief Executive Officer on 1 October 2021. Hans will succeed William L. Kozyra, who will retire on 1 October… Continue reading TI Fluid Systems Welcomes new CEO And Additions To The Executive Committee