Optimus Ride acquired by Magna; CEO stepping down

Motley Fool Is AT&T Still a Great Dividend Stock? In 2021, AT&T (NYSE: T) decided to spin off its DIRECTV and WarnerMedia divisions to raise capital to reduce its massive debt. Unfortunately for income investors, AT&T revealed last year that it intended to slash the payout despite the cash the company will receive from the… Continue reading Optimus Ride acquired by Magna; CEO stepping down

This is the Fittipaldi EF7 Vision Gran Turismo – Top Gear

Sharks. A McLaren P1 GTR. Love of a Brazilian homeland. There’s a selection of the ingredients that were poured into the creation of the Fittipaldi Motors EF7 Vision Gran Turismo by Pininfarina. OK, the name needs a trim, but that’s an intriguing mood board. The EF7 exists because of the most mouthwatering foundation a supercar… Continue reading This is the Fittipaldi EF7 Vision Gran Turismo – Top Gear

@niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546

At CES 2022, REE Automotive announced the start of trials of its all-new EV platform specifically designed for commercial delivery vehicles and walk-in vans called the P7. According to REE, this new entirely flat platform was designed based on specifications from one of the world’s largest delivery companies. REE Automotive ($REE) is an e-mobility solutions company… Continue reading @niche: REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range001546

REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER

Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitions, and management consulting with progressively senior roles at Morgan Stanley, Bain & Company, Greenhill & Co. and Magna International.  In his new role as REE’s CFO, Mr. Goldberg will lead all aspects of REE’s financial functions, strategic industry partnerships and… Continue reading REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER

VINFAST ANNOUNCES ITS ALL ELECTRIC STRATEGY AND FULL ELECTRIC VEHICLE LINEUP AT CES 2022

Following its US debut at the 2021 LA Auto Show, VinFast is taking important steps towards a sustainable future of mobility as it is announcing it will stop producing vehicles with internal combustion engines (ICE) by the end of 2022. VinFast will focus research and development efforts on all-electric powertrains for their vehicles. This bold… Continue reading VINFAST ANNOUNCES ITS ALL ELECTRIC STRATEGY AND FULL ELECTRIC VEHICLE LINEUP AT CES 2022

Scuderia Cameron Glickenhaus SCG 007 in-detail – Professional Motorsport World

The idea that a rookie team could arrive at the Le Mans 24 Hours with an entirely new car and end up in contention for a place on the podium may seem fanciful. However, that is exactly what Scuderia Cameron Glickenhaus (SCG) did with its SCG 007 Hypercar. The eponymously named outfit is the brainchild… Continue reading Scuderia Cameron Glickenhaus SCG 007 in-detail – Professional Motorsport World

At CA$102, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Today we’re going to take a look at the well-established Magna International Inc. (TSE:MG). The company’s stock saw significant share price movement during recent months on the TSX, rising to highs of CA$111 and falling to the lows of CA$95.01. Some share price movements can give investors a better opportunity to enter into the stock,… Continue reading At CA$102, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Here’s Why Miller Howard Investments Exited its Magna (MGA) Position

Miller Howard Investments, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly return of 3.5% (yield) was recorded by the fund for the third quarter of 2021, compared to the 1.5% for the S&P 500 for the same period. You can take a… Continue reading Here’s Why Miller Howard Investments Exited its Magna (MGA) Position

Magna (MGA) Gains But Lags Market: What You Should Know

In the latest trading session, Magna (MGA) closed at $79.88, marking a +0.05% move from the previous day. This move lagged the S&P 500’s daily gain of 0.14%. Elsewhere, the Dow gained 0.25%, while the tech-heavy Nasdaq lost 0.34%. Prior to today’s trading, shares of the automotive supply company had gained 6.11% over the past… Continue reading Magna (MGA) Gains But Lags Market: What You Should Know

Magna claims its new e-powertrain increases EV range by 145km

Magna’s EtelligentReach maximizes range and performance, comes to market on a new vehicle in 2022 Magna’s all-electric connected powertrain, the EtelligentReach, is set to debut on a new entrant vehicle in 2022. The complete system is comprised of two electric motors, inverters and gearboxes, and leverages advanced software to maximise vehicle range and driving dynamics. The… Continue reading Magna claims its new e-powertrain increases EV range by 145km