DETROIT, Aug. 20, 2024 /PRNewswire/ — The Rhonda Walker Foundation (RWF) held its 12th Annual Automotive Industry Golf Challenge on August 12, 2024, raising more than $700,000 to support the organization’s vision where every young girl has the opportunity to thrive, succeed and become a catalyst for positive change. This year’s event was a memorable day… Continue reading Rhonda Walker Foundation’s 12th Year Holding its Annual Automotive Industry Golf Challenge Raises Over $700,000
Tag: Magna
Automotive Cockpit Module Market size is set to grow by USD 25.6 billion from 2024-2028, Adoption of advanced HMI in mass-segment vehicles boost the market, Technavio
NEW YORK, Aug. 14, 2024 /PRNewswire/ — The global automotive cockpit module market size is estimated to grow by USD 25.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.22% during the forecast period. Adoption of advanced hmi in mass-segment vehicles is driving market growth, with a trend towards maturing autonomous vehicles… Continue reading Automotive Cockpit Module Market size is set to grow by USD 25.6 billion from 2024-2028, Adoption of advanced HMI in mass-segment vehicles boost the market, Technavio
Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
Shares of Magna International MGA have lost 7.9% since the company reported second-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.35 per share, which declined from the year-ago quarter’s $1.50 and missed the Zacks Consensus Estimate of $1.46. Net sales remained flat year over year at $11 billion and missed the Zacks… Continue reading Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
SKH and Magna forms an alliance for body and chassis operations in India
Krishna Group’s Metals Division, SKH, has formed a strategic alliance with Magna International Inc for Body and Chassis operations in India, creating a new entity called SKH M. This alliance is part of SKH’s expansion strategy in the automotive components sector and builds upon the company’s history of international partnerships across multiple continents, including collaborations… Continue reading SKH and Magna forms an alliance for body and chassis operations in India
Serve Robotics Announces Second Quarter 2024 Results
Manufacturing activities commenced on 2,000-robot fleet deployment following entry into manufacturing agreement with Magna and amendment to lidar supply agreement with Ouster Cash position bolstered by proceeds of $40 million equity offering, as well as post-quarter $15 million private placement transaction SAN FRANCISCO, Aug. 13, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”)… Continue reading Serve Robotics Announces Second Quarter 2024 Results
Do These 3 Checks Before Buying Magna International Inc. (TSE:MG) For Its Upcoming Dividend
Magna International Inc. (TSE:MG) is about to trade ex-dividend in the next 4 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any… Continue reading Do These 3 Checks Before Buying Magna International Inc. (TSE:MG) For Its Upcoming Dividend
Magna Recommends Rejection of “Mini-Tender” Offer
AURORA, Ontario, Aug. 09, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today reported that it has received notice of an unsolicited mini-tender offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 2,000,000 Magna Common Shares, or less than 1% of Magna’s outstanding Common Shares, at a price… Continue reading Magna Recommends Rejection of “Mini-Tender” Offer
We Like Magna International’s (TSE:MG) Earnings For More Than Just Statutory Profit
Despite posting healthy earnings, Magna International Inc.’s (TSE:MG ) stock has been quite weak. Our analysis suggests that there are some reasons for hope that investors should be aware of. Check out our latest analysis for Magna International earnings-and-revenue-history The Impact Of Unusual Items On Profit To properly understand Magna International’s profit results, we need… Continue reading We Like Magna International’s (TSE:MG) Earnings For More Than Just Statutory Profit
Magna Recommends Shareholders Reject TRC Capital’s “Mini-Tender” Offer
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Magna Recommends Rejection of “Mini-Tender” Offer
Magna International Inc. AURORA, Ontario, Aug. 09, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today reported that it has received notice of an unsolicited mini-tender offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 2,000,000 Magna Common Shares, or less than 1% of Magna’s outstanding Common Shares,… Continue reading Magna Recommends Rejection of “Mini-Tender” Offer