Exro generated revenue of $5,736,140 for the twelve months that ended December 31, 2023. The Company lifted the nondisclosure agreement with Giaffone and announced the completion of Coil DriverTM validation in Q4 2023 and acceptance of purchase order agreements which commenced in Q1 2024. Coil Driver™ start of production was launched in Q3 2023 with… Continue reading Exro Technologies Announces Fourth Quarter and Full Year 2023 Financial Results
Tag: Contract Manufacturer
The Brutal Lesson: Fisker’s Failure and How Investors Can Profit
In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss the things that led to the undoing of Fisker as an investment and why investors should look to proven companies like Chart Industries (GTLS -0.36%) and Magna International (MGA -0.11%) to create wealth. *Stock prices used were from the afternoon of March 27,… Continue reading The Brutal Lesson: Fisker’s Failure and How Investors Can Profit
Magna Posts 2023 Annual Report
AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading Magna Posts 2023 Annual Report
Magna Posts 2023 Annual Report
Magna International Inc. AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these… Continue reading Magna Posts 2023 Annual Report
Magna Posts 2023 Annual Report
AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the… Continue reading Magna Posts 2023 Annual Report
@Fisker: Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles000221
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced reductions in Manufacturer’s Suggested Retail Price (MSRP) on many model year 2023 Fisker Oceans in the US. Fisker is lowering the MSRP of the 2023 Ocean Extreme trim by $24,000, to $37,499 from $61,499… Continue reading @Fisker: Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles000221
@Fisker: Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles000221
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced reductions in Manufacturer’s Suggested Retail Price (MSRP) on many model year 2023 Fisker Oceans in the US. Fisker is lowering the MSRP of the 2023 Ocean Extreme trim by $24,000, to $37,499 from $61,499… Continue reading @Fisker: Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles000221
Valmet Automotive starts change negotiations
At the car plant, the proposal is due to the recent challenges in the operating environment and a decrease in car production volumes during the first half of 2024. The recent challenges posed by the operating environment have caused problems in the production chain, currently causing a two-week standstill at the car plant. During this… Continue reading Valmet Automotive starts change negotiations
Fisker’s talks with “large automaker” fall through, announcement pending
Fisker announced that its talks with a “large automaker” for a potential investment have fallen through. Trading has been halted on Fisker stock (FSR) as “an announcement” is pending. Things have been rough for Fisker in the last few weeks. After a Q4 wherein the company had big delivery growth but nevertheless said there was… Continue reading Fisker’s talks with “large automaker” fall through, announcement pending
German Manager Magazine: Fisker: Share suspended from trading; Talks about cooperation failed003204
The cash-strapped US electric car industryStartup Fisker finds itself in increasingly severe turbulence. Just over a week ago, the company announced that it would suspend production of its only Ocean model sold to date at the contract manufacturer Magna in Austria for six weeks. Fisker previously owed $8.4 million in interest on convertible notes. At… Continue reading German Manager Magazine: Fisker: Share suspended from trading; Talks about cooperation failed003204