JLR will axe all Jaguar models apart from the F-Pace ahead of the marque’s reinvention as an EV-only luxury brand. That means the E-Pace and electric I-Pace, both assembled by Magna Steyr in Austria, will now be withdrawn, following on from the Castle Bromwich-made XE, XF and F-Type, which were pulled from production in June. “They’re… Continue reading Jaguar to axe I-Pace and E-Pace SUVs, leaving just F-Pace in line-up
Tag: Contract Manufacturer
Magna International Price Target Lowered to US$57 at TD
Big Companies Get Boost in Tax Disputes WASHINGTON—The Supreme Court’s new limits on federal agencies’ regulatory powers are rippling through the tax system, and they are poised to tilt some disputes against the government and toward large companies. Judges or lawyers in at least five pending tax lawsuits—including cases involving FedEx and 3M —have already… Continue reading Magna International Price Target Lowered to US$57 at TD
Great week for Magna International Inc. (TSE:MG) institutional investors after losing 20% over the previous year
Key Insights Given the large stake in the stock by institutions, Magna International’s stock price might be vulnerable to their trading decisions A total of 24 investors have a majority stake in the company with 51% ownership Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock Every… Continue reading Great week for Magna International Inc. (TSE:MG) institutional investors after losing 20% over the previous year
Automotive Advanced Driver Assistance System (ADAS) Sensors Market size is set to grow by USD 102.44 billion from 2024-2028, Progression toward autonomous vehicles boost the market, Technavio
NEW YORK, July 11, 2024 /PRNewswire/ — The global automotive advanced driver assistance system (ADAS) sensors market size is estimated to grow by USD 102.44 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 32.97% during the forecast period. The global automotive advanced driver assistance system (ADAS) sensors… Continue reading Automotive Advanced Driver Assistance System (ADAS) Sensors Market size is set to grow by USD 102.44 billion from 2024-2028, Progression toward autonomous vehicles boost the market, Technavio
Poland and India expansions for spring manufacturer, the Lesjӧfors Group
The Lesjӧfors Group, market leaders in spring and pressing manufacture, has further increased its operations in Eastern Europe with the opening of a new manufacturing facility in Poland, alongside its subsidiary Alcomex. Investments have also been made in India. Increasing production in Poland and India The new production site in Marki, Poland, divides the custom-made… Continue reading Poland and India expansions for spring manufacturer, the Lesjӧfors Group
SKF and voestalpine reach milestone to decarbonize bearing production
GOTHENBURG, Sweden, July 10, 2024 /PRNewswire/ — SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI). This represents a breakthrough in the efforts to decarbonize bearing production as H-DRI is a low… Continue reading SKF and voestalpine reach milestone to decarbonize bearing production
SKF and voestalpine reach milestone to decarbonize bearing production
GOTHENBURG, Sweden, July 10, 2024 /PRNewswire/ — SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI). This represents a breakthrough in the efforts to decarbonize bearing production as H-DRI is a low… Continue reading SKF and voestalpine reach milestone to decarbonize bearing production
LG Honored at Volkswagen Group Award 2024
July 8, 2024 LG Honored at Volkswagen Group Award 2024 Open share list Share this content. Recognized in the Partnership Category of Volkswagen’s Annual Awards for Suppliers,LG Reaffirms Its Status as a Leader in Automotive Electronics SEOUL, July 8, 2024 — LG Electronics (LG) has been honored at the Volkswagen Group Award 2024, which took… Continue reading LG Honored at Volkswagen Group Award 2024
LG HONORED AT VOLKSWAGEN GROUP AWARD 2024
Recognized in the Partnership Category of Volkswagen’s Annual Awards for Suppliers, LG Reaffirms Its Status as a Leader in Automotive Electronics SEOUL, South Korea, July 8, 2024 /PRNewswire/ — LG Electronics (LG) has been honored at the Volkswagen Group Award 2024, which took place in Wolfsburg, Germany, on July 2. LG was recognized by the Volkswagen… Continue reading LG HONORED AT VOLKSWAGEN GROUP AWARD 2024
Aptiv (APTV) Stock Falls 22% Year to Date: Buy, Hold or Sell?
Aptiv PLC APTV has seen its stock decline 22% year to date, a significant drop compared to the 19% rally of the industry it belongs to and a 17% rise in the Zacks S&P 500 composite. This decline aligns with the performance of its closest competitors, Magna International MGA, which has fallen by 28%, and Visteon… Continue reading Aptiv (APTV) Stock Falls 22% Year to Date: Buy, Hold or Sell?