Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales

Major North American suppliers are reducing engineering and R&D spending and cutting thousands of jobs to support profit margins as they anticipate weak new-vehicle sales growth and electric vehicle sales uncertainty. Lear Corp., for example, cut about 15,000 jobs worldwide in 2024, a figure it expects to match in 2025. “The actions we are taking… Continue reading Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales

MAGNA-TILES® Continues Industry-Leading Innovation with Reveal of New Rail Racers at Toy Fair New York

First Fan-Made Invention Reimagines Ball Runs and Takes Magnetic Building to the Next Level NEW YORK, March 1, 2025 /PRNewswire/ — MAGNA-TILES®, America’s #1 Magnetic Building Sets Brand¹, is racing into American International Toy Fair with the global reveal of their first fan-made innovation, Rail Racers. Co-developed with Michael Bergmann, dad of 3 and a… Continue reading MAGNA-TILES® Continues Industry-Leading Innovation with Reveal of New Rail Racers at Toy Fair New York

Valmet has published the Annual Report, the Corporate Governance Statement, the Remuneration Report and the Green Finance Report for 2024

Valmet Oyj’s stock exchange release on February 27, 2025 at 11:00 a.m. EET ESPOO, Finland, Feb. 27, 2025 /PRNewswire/ — Valmet has today, on February 27, 2025, published its Annual Report for 2024 on the company’s website at www.valmet.com/annualreport2024. The Annual Report consists of two separate parts: the Annual Review, and the Financial Statements and Report of… Continue reading Valmet has published the Annual Report, the Corporate Governance Statement, the Remuneration Report and the Green Finance Report for 2024

Morgan Supersport: Plus Six replacement to be revealed in March

For the new flagship, it seems more likely that Morgan will use lessons from the limited-edition Midsummer to produce a considerably more exclusive and upmarket model, clearly differentiated from the Plus Four, that will justify higher prices and more interest in the firm’s bespoke programme. Some people inside Morgan have been calling for this move… Continue reading Morgan Supersport: Plus Six replacement to be revealed in March

Magna International’s (TSE:MG) Soft Earnings Are Actually Better Than They Appear

Soft earnings didn’t appear to concern Magna International Inc.’s (TSE:MG) shareholders over the last week. Our analysis suggests that while the profits are soft, the foundations of the business are strong. See our latest analysis for Magna International TSX:MG Earnings and Revenue History February 24th 2025 Importantly, our data indicates that Magna International’s profit was… Continue reading Magna International’s (TSE:MG) Soft Earnings Are Actually Better Than They Appear

Just Four Days Till Magna International Inc. (TSE:MG) Will Be Trading Ex-Dividend

Readers hoping to buy Magna International Inc. (TSE:MG) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company’s books in order to receive a… Continue reading Just Four Days Till Magna International Inc. (TSE:MG) Will Be Trading Ex-Dividend

@BMW: BMW reveals revolutionary electric drive concept with 800V technology for the Neue Klasse.003943

Woodcliff Lake, NJ – February 20, 2025… BMW is presenting its next leap forward in the field of electric drive technology – and in the process ushering in a new era of all-electric driving. At the Tech Days event in Landshut, the company has provided some initial insights into the development and production of high-voltage… Continue reading @BMW: BMW reveals revolutionary electric drive concept with 800V technology for the Neue Klasse.003943

Montrose Environmental Group gibt die Ernennung von Vincent Colman zum Mitglied des Verwaltungsrats und des Prüfungsausschusses bekannt

LITTLE ROCK, Ark., 21. Februar 2025 /PRNewswire/ — Montrose Environmental Group, Inc. (NYSE: MEG), ein globales Unternehmen für Umweltlösungen, gab die Ernennung von Vincent Colman zum Mitglied des Verwaltungsrats und des Prüfungsausschusses mit Wirkung vom 19. Februar 2025 bekannt.   „Die Aufnahme von Herrn Colman in unseren Vorstand spiegelt unser Engagement wider, führende Persönlichkeiten in… Continue reading Montrose Environmental Group gibt die Ernennung von Vincent Colman zum Mitglied des Verwaltungsrats und des Prüfungsausschusses bekannt

Magna International Inc. (MGA): Among Last Week’s Worst Dividend Stocks

We recently published a list of These Were Last Week’s 10 Worst Dividend Stocks. In this article, we are going to take a look at where Magna International Inc. (NYSE:MGA) stands against other last week’s worst dividend stocks. Dividend stocks have historically been the top preference for many investors seeking stable income. However, as the… Continue reading Magna International Inc. (MGA): Among Last Week’s Worst Dividend Stocks