Scrappy electric carmakers upend pecking order in auto industry

TOKYO — The accelerating trend to e-mobility will lead to a paradigm shift in the global car market that could radically change the landscape for the industry. Tesla has emerged as the early leader in the high-stakes electric vehicle race, topping the list of EV manufacturers. No Japanese manufacturer is among the top 10. Apple… Continue reading Scrappy electric carmakers upend pecking order in auto industry

The true disrupter in the auto industry isn’t Tesla — it’s Fisker (TSLA, FSR)

Nobody really saw this one coming. A year ago, Henrik Fisker was an admired auto-industry veteran, but with a failed startup behind him. Fisker Automotive’s 2013 bankruptcy sent Fisker back to his roots in design for a spell, but it didn’t discourage him from taking another crack at building a car company. Fisker Inc., however,… Continue reading The true disrupter in the auto industry isn’t Tesla — it’s Fisker (TSLA, FSR)

Kulicke and Soffa Industries, Autodesk, Dow, Mattel and Magna International highlighted as Zacks Bull and Bear of the Day

For Immediate Release Chicago, IL – March 5, 2021 – Zacks Equity Research Shares of Kulicke and Soffa Industries, Inc. KLIC as the Bull of the Day, Autodesk, Inc. ADSK as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Dow, Inc. DOW, Mattel, Inc. MAT and Magna International Inc. MGA.… Continue reading Kulicke and Soffa Industries, Autodesk, Dow, Mattel and Magna International highlighted as Zacks Bull and Bear of the Day

5 High Earnings Yield Picks That Command Your Attention

Investors often use P/E ratio and other valuation metrics to pick undervalued stocks with solid upside potential. However, one can also use another interesting ratio. Earnings yield, expressed in percentage, is calculated as (Annual Earnings per Share/Market Price) x 100. While comparing stocks, if other factors are similar, investors can look out for stocks with… Continue reading 5 High Earnings Yield Picks That Command Your Attention

3 Model Zacks Buys

If you have a goal in life, it’s a good idea to find a model of success to emulate. Someone who already achieved the results you want and can help you find similar results. If one of your goals is a more profitable portfolio, then we’ve got a great tool for you. Check out the… Continue reading 3 Model Zacks Buys

Austria’s Magna helps Sony and carmakers in race for EVs

TOKYO/FRANKFURT, Germany — Magna Steyr of Austria, the world’s largest contract manufacturer of automobile bodies, is drawing attention as new entrants in the auto industry from other sectors increase amid a global shift to electric vehicles. Magna, which counts Sony among its clients, is becoming the Foxconn of the auto industry, company President Frank Klein… Continue reading Austria’s Magna helps Sony and carmakers in race for EVs

Magna Leverages Cloud Connectivity and Advanced E-Mobility Innovations to Decrease Emissions and Increase Range

Magna EtelligentEco Magna EtelligentEco connected PHEV Magna EtelligentEco connected PHEV Magna EtelligentReach Magna EtelligentReach next gen AWD eDrive Magna EtelligentReach next gen AWD eDrive ARJEPLOG, Sweden, March 04, 2021 (GLOBE NEWSWIRE) — Magna’s roadmap to e-mobility now includes the company’s all-new connected PHEV drivetrain and next gen battery electric drive systems. Debuting today, both systems… Continue reading Magna Leverages Cloud Connectivity and Advanced E-Mobility Innovations to Decrease Emissions and Increase Range

Elation Freedom is 1903bhp electric hypercar – Autocar

American start-up Elation is developing an electric hypercar with up to 1903bhp in partnership with motor manufacturer Cascadia Motion. Named the Freedom, the firm’s first model will be the latest entrant to the electric hypercar market, going up against the likes of the 1985bhp Aspark Owl and the 1900bhp Pininfarina Battista. The Freedom is powered by a “high-performance electric drive… Continue reading Elation Freedom is 1903bhp electric hypercar – Autocar

Nio pulled off an incredible turnaround in 2020

Chinese EV startup Nio entered 2020 on the brink but emerged stronger than ever, thanks in large part to a government bailout. That government aid helped Nio get back on its feet just in time to ride a new wave of optimism in EVs — something that’s never been more clear than after the company… Continue reading Nio pulled off an incredible turnaround in 2020

Is Magna (MGA) a Great Value Stock Right Now?

South China Morning Post China overtakes US to host most dollar billionaires as 2020 stock market rally defied Covid-19 and minted wealth at a record pace One in every two newly minted dollar-denominated billionaires last year were in China, the first country to exit from a nationwide pandemic lockdown and the only major economy to… Continue reading Is Magna (MGA) a Great Value Stock Right Now?