Shares of Magna International MGA gained 11.7% since the company reported third-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.28 per share, which declined from the year-ago quarter’s $1.46 and missed the Zacks Consensus Estimate of $1.48. Net sales declined 3.8% year over year to $10.3 billion and missed the Zacks Consensus… Continue reading Magna Shares Rise 12% Since Q3 Earnings Miss Expectations
Tag: Electric vehicles
Give your iPhone 16 thermal camera superpowers with this gadget
Adrian Kingsley-Hughes/ZDNET What’s the deal? Grab the Topdon TC002C from Amazon for 23% off, bringing the price down to $229 in this limited time deal. ZDNET’s key takeaways Topdon TC002C available from Amazon for $299. Solid, accurate, reliable thermal camera for the iPhone 16 or iPhone 15m and USB-C equipped iPads. Does not work with Android.… Continue reading Give your iPhone 16 thermal camera superpowers with this gadget
JSW MG Motor India delivers 101 MG Windsor in Chennai
JSW MG Motor India announced the delivery of 101 units of the MG Windsor, described as India’s first intelligent crossover utility vehicle (CUV), in Chennai. The vehicles were delivered through MG FPL Chennai. The MG Windsor achieved notable sales in October 2024, with 3,116 units sold, accounting for approximately 30% of total passenger electric car… Continue reading JSW MG Motor India delivers 101 MG Windsor in Chennai
Kabira Mobility announces exclusive discounts for armed forces veterans and service members
Kabira Mobility, an Indian electric two-wheeler manufacturer, has announced a discount campaign for veterans and active service members of the Indian Armed Forces. The campaign, which runs from 15th to 30th November 2024, offers discounts on its electric vehicle range to personnel from the Army, Navy, Air Force, and Paramilitary Forces, including the BSF, CRPF,… Continue reading Kabira Mobility announces exclusive discounts for armed forces veterans and service members
Hyundai elevates chief operating officer Jose Munoz to CEO
Hyundai has named chief operating officer Jose Muñoz as its new global CEO. He will take the reins on 1 January from Jaehoon Chang, who has been promoted to vice chair of the company’s automotive division. Born in Spain, Muñoz will be the first non-Korean to lead Hyundai Motor Company since it was founded in 1967. Joining Hyundai… Continue reading Hyundai elevates chief operating officer Jose Munoz to CEO
Hyundai elevates chief operating officer Jose Munoz to CEO
Hyundai has named chief operating officer Jose Muñoz as its new global CEO. He will take the reins on 1 January from Jaehoon Chang, who has been promoted to vice chair of the company’s automotive division. Born in Spain, Muñoz will be the first non-Korean to lead Hyundai Motor Company since it was founded in 1967. Joining Hyundai… Continue reading Hyundai elevates chief operating officer Jose Munoz to CEO
Small EVs dominate Car of the Year 2025 shortlist
The list of the seven finalists for the 2025 edition has just been published, and the 60 jurors from 23 European countries have had to choose from among 42 models those they consider most likely to win the continental award. The winner of ‘The Car Of The Year’ award will be announced on January 10,… Continue reading Small EVs dominate Car of the Year 2025 shortlist
Stocks to watch next week: Nvidia, Walmart, Imperial Brands, JD Sports and Royal Mail
This earnings season may be winding down but there are still a number of big-name companies reporting in the coming week. All eyes will be on chipmaker Nvidia (NVDA), as investors eagerly await its latest quarterly results, to see if it can deliver another set of strong results as a gauge of the AI boom.… Continue reading Stocks to watch next week: Nvidia, Walmart, Imperial Brands, JD Sports and Royal Mail
BYD emphasizes strong partner collaboration in the energy storage market during partner conference
BYD Energy Storage SHENZHEN, China, Nov. 16, 2024 (GLOBE NEWSWIRE) — BYD Co. Ltd., expands the partner program for BYD Energy Storage solutions. As part of the program, BYD held a partner conference at the BYD headquarters in November 2024, in which partners had the opportunity to voice their experiences, have an exchange with the… Continue reading BYD emphasizes strong partner collaboration in the energy storage market during partner conference
Cyient, Allegro MicroSystems Partner to Drive Innovation in Magnetic Sensors & Power Semiconductors for Automotive Industry
HYDERABAD, India, Nov. 15, 2024 /PRNewswire/ — Cyient, a global Intelligent Engineering services company, today announced the expansion of its partnership with Allegro MicroSystems, Inc. (“Allegro MicroSystems”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficiency, with the inauguration of a Center of Excellence (CoE) in Hyderabad, India. The… Continue reading Cyient, Allegro MicroSystems Partner to Drive Innovation in Magnetic Sensors & Power Semiconductors for Automotive Industry