PLYMOUTH, Mich., Oct. 25, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, will host a call for financial analysts on November 10, 2021 at 8:30 a.m. (ET) to discuss its fourth quarter fiscal 2021 financial results. The call will be hosted by Adient’s president and chief executive officer, Douglas Del Grosso,… Continue reading Adient to discuss Q4 fiscal 2021 financial results on November 10, 2021
Tag: Financial Results
EV startup Rivian Automotive debuts on stock market, spelling likely windfall for Ford
Electric vehicle maker Rivian Automotive Inc., a partner of Ford Motor Co., made its stock market debut Wednesday in what was expected to be one of the largest-ever initial public offerings. The California-based company, which recently became the first automaker to bring an electric pickup to market with the launch of its R1T truck, on Tuesday priced its… Continue reading EV startup Rivian Automotive debuts on stock market, spelling likely windfall for Ford
Net profit up 785% in Q2, this auto stock can deliver up to 28% return
Going by analyst estimates, the stock has the potential to deliver up to 28 per cent returns. Shares of Mahindra & Mahindra (M&M) climbed 3 per cent in an otherwise weak session on Wednesday, thanks to a beat on profit that surged 785 per cent in the September quarter, on a low base. This stock… Continue reading Net profit up 785% in Q2, this auto stock can deliver up to 28% return
Adient reports fourth quarter 2021 financial results
A turbulent production environment (driven by semiconductor supply chain disruptions) and rising commodity prices continue to have a significant impact on the company’s near-term results PLYMOUTH, Mich., Nov. 10, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter 2021 financial results. (PRNewsfoto/Adient) Q4 GAAP net income and EPS… Continue reading Adient reports fourth quarter 2021 financial results
Inspiration, an EV asset financing firm, comes out of stealth with $200M and Revel as first customer
Inspiration wants to help commercial fleets go electric, and it has already started by financing electric mobility company Revel’s ride-hail fleet of blue Teslas. The startup, which finances electric vehicles and has plans to build, own and operating the corresponding charging infrastructure, came out of stealth on Wednesday with an initial $200 million in capital… Continue reading Inspiration, an EV asset financing firm, comes out of stealth with $200M and Revel as first customer
Amazon-backed Tesla rival Rivian raises nearly $12B in blockbuster IPO
TipRanks 2 “Strong Buy” Dividend Stocks With 8% Dividend Yield Let’s talk about rising markets, and whether or not to buy in. That’s the question that investors need to consider right now, as the major indexes have hit record highs – but the economy is flashing signs of concern for those who care to look.… Continue reading Amazon-backed Tesla rival Rivian raises nearly $12B in blockbuster IPO
Autoliv Announces Dividend Increase
STOCKHOLM, Nov. 10, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its quarterly dividend will be increased by 3% to 64 cents per share, from 62 cents, for the fourth quarter of 2021. The dividend will be payable on Monday, December 13, 2021… Continue reading Autoliv Announces Dividend Increase
Chinese EV startup Nio’s journey to the West
Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings call this week. Nio is already taking orders for its electric SUVs and shipping small batches in Norway, its first stop outside China. It didn’t… Continue reading Chinese EV startup Nio’s journey to the West
Rivian raises $12B in one of the hottest IPOs of 2021
Electric automaker Rivian has priced its initial public offering at $78 a share, pushing it far above its targeted share price as investors dove in the year’s most highly anticipated IPO. Updated: the story haas been updated to reflect the regulatory filing figures. The company offered 153 million shares of common stock at the $78… Continue reading Rivian raises $12B in one of the hottest IPOs of 2021
Lancia CEO outlines brand’s expansion plans for Europe – Automotive News Europe
Napolitano wants to attract a different kind of buyer for Lancia. Currently, two thirds of buyers are women, with an average age of 45 and with no children in their household. He sees future models as drawing buyers with an average age of 55, but with at least one child still at home, and evenly… Continue reading Lancia CEO outlines brand’s expansion plans for Europe – Automotive News Europe