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
Tag: Contract Manufacturer
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
Turkey’s Togg to reveal new mobility solution at CES
Togg, Turkey’s first home-grown automotive brand, is to debut a high-concept, forward-thinking mobility solution at CES 2022 that brings together advanced electric, autonomous and connected technologies within one design sphere. Togg says it “will use CES 2022 to not only showcase its forward-thinking technologies and concepts but also announce its arrival on the world stage… Continue reading Turkey’s Togg to reveal new mobility solution at CES
German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414
The world stock exchanges are dominated by US technology groups more than ever. Eight of the ten most valuable companies in the world will be from the end of 2021 USA. The smartphone and software giant Apple scratches with a market value of 2.96 trillion dollars (as of December 27th) as the first group ever… Continue reading German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414
USA Aftermarket Automotive Parts & Components Market Expected to Reach USD 19 Billion by 2026
DUBLIN, Dec. 29, 2021 /PRNewswire/ — The “US Aftermarket Automotive Parts & Components Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The US Aftermarket Automotive Parts & Components market was valued at USD 17 billion in 2020 and is expected to reach USD 19 billion… Continue reading USA Aftermarket Automotive Parts & Components Market Expected to Reach USD 19 Billion by 2026