TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform… Continue reading Apple Car Manufacturing Partner Picked For 2024 Launch: Report
Tag: Strategy
ZF Announces $200 Million Investment in North American Commercial Vehicle Transmission Manufacturing
“ZF is a 106-year-old technology leader that has been in the U.S. for many decades, and this investment in U.S. manufacturing of sustainable driveline technology further proves our commitment to the North American commercial vehicle market,” explained Dr. Martin Fischer, President of ZF North America and Member of the Board of Management. “Together now with… Continue reading ZF Announces $200 Million Investment in North American Commercial Vehicle Transmission Manufacturing
Lear Reports Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Outlook
SOUTHFIELD, Mich., Feb. 4, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2020 and provided its financial outlook for the full year 2021. Highlights include: Fourth Quarter 2020 Sales of $5.2 billion, compared to $4.8 billion in… Continue reading Lear Reports Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Outlook
@Daimler: All systems go for the compact electric car from Mercedes-EQ: The EQA is now available for order
Environmental bonus of 9000 euros makes the EQA particularly attractive in Germany Stuttgart. EQA is the name of the entry-level model from the all-electric world of Mercedes-EQ. Prices in Germany start at 47,540.50 euros[i] for the EQA 250 (combined power consumption: 15.7 kWh/100 km; combined CO2 emissions: 0 g/km)[ii] with 140 kW. Other variants for… Continue reading @Daimler: All systems go for the compact electric car from Mercedes-EQ: The EQA is now available for order
@niche: Workhorse Appoints Chris Nordh as VP of Commercial Development000512
Former Ryder System Inc. Senior Director of Advanced Vehicle Technology & Energy Products Brings International Advanced Vehicle Technology Experience to Position Nordh Will Manage Sales, Create an Enablement Structure For Workhorse Channel Partners, and Develop Strategic Partnerships CINCINNATI, Feb. 03, 2021 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or the “Company”), an American… Continue reading @niche: Workhorse Appoints Chris Nordh as VP of Commercial Development000512
Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman
BASEL, Switzerland, Feb. 4, 2021 /PRNewswire/ — Innolith AG today announces that Stefan M. Knupfer, a McKinsey Senior Partner, has been appointed to the Board of Innolith AG in the position of Chairman of the Board. He takes over from Konstantin Solodovnikov, who will continue serving on the Board of Innolith AG and in his… Continue reading Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman
@Daimler: Daimler plans separation
Intention to split Daimler’s industrial businesses and establish two independent pure-play companies Spin-off and separate listing of Daimler Truck planned Significant majority stake to be distributed to current Daimler shareholders Intention to rename Daimler as Mercedes-Benz at the appropriate time Mercedes-Benz will be the world’s pre-eminent luxury car business, committed to leading in electric drive… Continue reading @Daimler: Daimler plans separation
@BMW: BMW i Ventures Funds Vendia to Disrupt How Corporations Share Data.000887
Mountain View, CA – February 3, 2021… BMW i Ventures announced today an investment in the Series A financing round of Vendia, which has developed a serverless, distributed data and code-sharing platform that is disrupting how enterprises share data and code with partners. Vendia’s innovative platform provides a secure way for corporations to share vast… Continue reading @BMW: BMW i Ventures Funds Vendia to Disrupt How Corporations Share Data.000887
Panasonic enjoys lift from Tesla but perils lurk ahead
OSAKA — Panasonic now expects group net profit of 150 billion yen ($1.43 billion) for the year ending in March, the company said Tuesday, as its battery supply business with U.S. electric-vehicle maker Tesla is expected to go into the black over a 12-month period for the first time. The figure still represents a 34% slide for the year,… Continue reading Panasonic enjoys lift from Tesla but perils lurk ahead
Daimler to invest 1.5 bln eur in truck business in wake of IPO
By Reuters Staff 1 Min Read BERLIN, Feb 3 (Reuters) – Daimler will set up an innovation fund with a volume of 1.5 billion euros ($1.80 billion) for its Daimler Truck unit in the course of the planned spin-off of the business, it said on Wednesday. “The Daimler truck business will have fully independent management,… Continue reading Daimler to invest 1.5 bln eur in truck business in wake of IPO