Aristotle Global Equity Strategy Sold Magna International (MGA) for More Optimal Investment Option

Aristotle Capital Management, LLC, an investment management company, released its “Global Equity Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund returned ‐4.06% gross of fees (‐4.13% net of fees), underperforming the MSCI World Index’s ‐3.46% return and the MSCI ACWI Index’s ‐3.40% return. The… Continue reading Aristotle Global Equity Strategy Sold Magna International (MGA) for More Optimal Investment Option

Stellantis (STLA), Samsung SDI to Invest $3.2B in Battery Plant

Stellantis STLA and Samsung SDI announced to build an electric vehicle (EV) battery manufacturing plant in Kokomo, IN, as part of the StarPlus Energy joint venture (JV). This will be their second EV battery facility in the United States. Globally, this will be Stellantis’ sixth battery plant. The JV will invest more than $3.2 billion… Continue reading Stellantis (STLA), Samsung SDI to Invest $3.2B in Battery Plant

Magna develops industry-first, fully recyclable foam and trim seating solutions

Magna has announced its EcoSphere product family, an industry-first solution that eliminates the disposal of seating foam pads and trim covers in landfills by utilising mono-material polyethylene terephthalate (PET) with the company’s innovative 100% Melt Recyclable Foam and Trim system. Magna’s new EcoSphere product family is comprised of sustainable trim materials, trim padding, structures and… Continue reading Magna develops industry-first, fully recyclable foam and trim seating solutions

Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Solution utilizes PET mono-materials in both foam and trim, contributing to the circular economy Sustainable option without compromising comfort, style or performance Magna partnering with TWE Group to create 100% recycled trim foundation AURORA, Ontario, Oct. 11, 2023 (GLOBE NEWSWIRE) — Magna announces its EcoSphere™ product family, an industry-first solution that eliminates the disposal of… Continue reading Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Magna International Inc. EcoSphere™ Trim Foundation Magna’s EcoSphere™ Trim Foundation eliminates landfill disposal of seat foam pads and trim covers Solution utilizes PET mono-materials in both foam and trim, contributing to the circular economy Sustainable option without compromising comfort, style or performance Magna partnering with TWE Group to create 100% recycled trim foundation AURORA, Ontario,… Continue reading Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Schaeffler’s (SCFLF) Bold Bid for Vitesco to Drive E-Mobility

The rapidly transforming global automotive landscape, driven by the shift toward electric vehicles (EVs), is witnessing another significant consolidation move. Germany-based motion technology giant Schaeffler SCFLF has made a bid of 3.64 billion euro to acquire Vitesco Technologies, a significant player in the EV components space. This proposed merger aims to create a behemoth in… Continue reading Schaeffler’s (SCFLF) Bold Bid for Vitesco to Drive E-Mobility

Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Solution utilizes PET mono-materials in both foam and trim, contributing to the circular economy Sustainable option without compromising comfort, style or performance Magna partnering with TWE Group to create 100% recycled trim foundation AURORA, Ontario, Oct. 11, 2023 (GLOBE NEWSWIRE) — Magna announces its EcoSphere™ product family, an industry-first solution that eliminates the disposal of… Continue reading Magna Introduces Industry-First, 100% Melt Recyclable Foam and Trim Seating Solutions

Magna annonce la date de la conférence téléphonique sur ses résultats du troisième trimestre 2023

AURORA, Ontario, 10 oct. 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX :MG) (NYSE :MGA)     MAGNA ANNONCE LA DATE DE LACONFÉRENCE TÉLÉPHONIQUE SUR SES RÉSULTATS DU TROISIÈME TRIMESTRE 2023     VENDREDI 3 NOVEMBRE 20238h00 (HEURE DE L’EST)     NUMÉROS À COMPOSER Numéro gratuit :  1-800-908-9207 International :  1-416-620-9188 Diffusion Web :  www.magna.com      La présentation sera disponible… Continue reading Magna annonce la date de la conférence téléphonique sur ses résultats du troisième trimestre 2023