@BMW: Steyr goes electric: BMW Group launches series production of electric engines for Neue Klasse004272

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

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

LG Innotek Teams Up with U.S. LiDAR Company Aeva in Preparation to Preempt the Market

Selected as Aeva’s supplier for an ultra-slim, ultra-long-range 4D LiDAR Joint development of LiDAR for autonomous driving car∙robots∙industrial automation, along with the anticipated acquisition of 6.0% equity stake in Aeva Announcement of cooperation roadmap at ‘Aeva Day’ event SEOUL, South Korea, July 29, 2025 /PRNewswire/ — LG Innotek has teamed up with Aeva, an American… Continue reading LG Innotek Teams Up with U.S. LiDAR Company Aeva in Preparation to Preempt the Market

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

Electric Maserati MCPura could still happen – if customers want it

The electric version of the Maserati MC20 supercar could still see the light of day if the market picks up, says Maserati, after it cancelled the model earlier this year, citing insufficient demand. Promising huge power and similar dynamics to those of the V6 car, the MC20 Folgore would have been the first electric supercar on… Continue reading Electric Maserati MCPura could still happen – if customers want it

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

Factories start humming with festive frenzy

Electronics and auto firms to ramp up premium product output by 10–20 per cent in Q2, betting on festive demand for high-end gadgets and SUVs. Consumer electronics, smartphone and automobile companies plan to produce 10-20 per cent more premium products in the July-September quarter compared to last year, ahead of the crucial festive season when… Continue reading Factories start humming with festive frenzy