Tag: Contract Manufacturer

Magna’s SmartAccess Power Door System Hits the Market in Style

Complete power door system with first-to-market HaptronikTM motion control Market debut on Ferrari Purosangue Redefines the consumer access experience AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna is revolutionizing vehicle access experiences with the launch of its SmartAccessTM power door system on the opposing rear doors of the Ferrari Purosangue. The complete system includes… Continue reading Magna’s SmartAccess Power Door System Hits the Market in Style

Magna’s SmartAccess Power Door System Hits the Market in Style

Magna International Inc. Magna’s SmartAccess™ power door system with first to market integrated Haptronik™ software Magna’s SmartAccess™ power door system with first to market integrated Haptronik™ software Complete power door system with first-to-market HaptronikTM motion control Market debut on Ferrari Purosangue Redefines the consumer access experience AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna… Continue reading Magna’s SmartAccess Power Door System Hits the Market in Style

Institutional investors must be pleased after a 3.3% gain last week that adds to Magna International Inc.’s (TSE:MG) one-year returns

Key Insights Significantly high institutional ownership implies Magna International’s stock price is sensitive to their trading actions The top 25 shareholders own 44% of the company Recent sales by insiders To get a sense of who is truly in control of Magna International Inc. (TSE:MG), it is important to understand the ownership structure of the… Continue reading Institutional investors must be pleased after a 3.3% gain last week that adds to Magna International Inc.’s (TSE:MG) one-year returns

Magna’s SmartAccess Power Door System Hits the Market in Style

Complete power door system with first-to-market HaptronikTM motion control Market debut on Ferrari Purosangue Redefines the consumer access experience AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna is revolutionizing vehicle access experiences with the launch of its SmartAccessTM power door system on the opposing rear doors of the Ferrari Purosangue. The complete system includes… Continue reading Magna’s SmartAccess Power Door System Hits the Market in Style

Lordstown Motors says it still has $220 million in cash as it grapples with production issues and an EV pivot

Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had more than $220 million in cash at the end of 2022, despite ongoing challenges that halted production of its Endurance electric pickup after just six were… Continue reading Lordstown Motors says it still has $220 million in cash as it grapples with production issues and an EV pivot

Volkswagen targets 200,000 Scout EV 4x4s at new US factory

The electric resurrection of the International Harvester Scout will be built in South Carolina, the US, in volumes that could hit as high as 200,000 per year. Production at Scout Motors’ first manufacturing plant is projected to start at the end of the 2026. Its Rivian-rivalling electric 4×4, arriving with SUV and pick-up variants, will “hark back” to the IH Scout… Continue reading Volkswagen targets 200,000 Scout EV 4x4s at new US factory

Here’s How CarParts.com (PRTS) is Placed Ahead of Q4 Earnings

CarParts.com, Inc. PRTS is slated to release fourth-quarter 2022 results on Mar 7 after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 13 cents a share and $152.4 million, respectively. For the fourth quarter, the consensus estimate for PRTS’s loss per share has remained stable in the past… Continue reading Here’s How CarParts.com (PRTS) is Placed Ahead of Q4 Earnings

Here’s How CarParts.com (PRTS) is Placed Ahead of Q4 Earnings

CarParts.com, Inc. PRTS is slated to release fourth-quarter 2022 results on Mar 7 after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 13 cents a share and $152.4 million, respectively. For the fourth quarter, the consensus estimate for PRTS’s loss per share has remained stable in the past… Continue reading Here’s How CarParts.com (PRTS) is Placed Ahead of Q4 Earnings

@niche: 7 Stocks To Dump Before the EV Bubble Loses More Air002564

The market’s increasing unwillingness to speculate is a warning for investors to look for EV stocks to sell. The persistently high inflation will force central banks to keep interest rates at current levels of nearly 5.0%. Risk-averse investors are better off holding cash than speculating on sectors that make no money. On the business side… Continue reading @niche: 7 Stocks To Dump Before the EV Bubble Loses More Air002564