Tag: VW

ECARX Secured up to $150 Million to Advance Strategic Growth Initiatives and Strengthen Liquidity

LONDON, Oct. 31, 2025 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility technology provider, today announced that it had entered into a securities purchase agreement (the “Transaction”) with ATW Partners, a New York-based investment firm, under which the Company may issue and sell convertible notes for up to an… Continue reading ECARX Secured up to $150 Million to Advance Strategic Growth Initiatives and Strengthen Liquidity

Aptiv PLC (APTV) Q3 2025 Earnings Call Highlights: Record Revenue and Strategic Growth Amid …

This article first appeared on GuruFocus. Revenue: $5.2 billion, up 6% year-over-year. Operating Income: $654 million, an increase of 10%. Earnings Per Share (EPS): $2.17, up 19%. Operating Cash Flow: $584 million. Share Repurchases and Debt Paydown: $250 million deployed. New Business Bookings: $8.4 billion in the third quarter. Advanced Safety and User Experience Revenue:… Continue reading Aptiv PLC (APTV) Q3 2025 Earnings Call Highlights: Record Revenue and Strategic Growth Amid …

SK Innovation swings to quarterly profit, expects resilient Q4 refining margins

SKs deal echoes a trend among EV battery makers expanding into energy storage as a hedge against slow EV battery demand. SK Innovation Co, owner of South Korea’s top refiner SK Energy, on Friday said refining margins are expected to remain resilient in the fourth quarter amid global supply disruptions and the onset of the… Continue reading SK Innovation swings to quarterly profit, expects resilient Q4 refining margins

Scania India picks GMMCO as dealer partner under new growth strategy

The move completes Scania’s transition to a fully dealer-driven model aimed at improving national coverage, customer service and operational agility. Scania Commercial Vehicles India on Friday said it has appointed CK Birla Group‘s GMMCO Ltd, as its new authorised dealer partner for Northern, Eastern and Central India, marking a major milestone in its renewed growth… Continue reading Scania India picks GMMCO as dealer partner under new growth strategy

Volkswagen indicates shortage of Chinese chips would hit profits

The VW factory in Dresden. The company said the chip problem was down to politics. Photograph: Bloomberg/Getty View image in fullscreen The VW factory in Dresden. The company said the chip problem was down to politics. Photograph: Bloomberg/Getty Volkswagen indicates shortage of Chinese chips would hit profits New EV models are offsetting a slump in… Continue reading Volkswagen indicates shortage of Chinese chips would hit profits

German Manager Magazine: Audi: Gernot Döllner cuts profit forecast, US tariffs burden004525

The Ingolstadt car manufacturer Audi reduced due to US President’s tariffs Donald Trump (79) and the displacement of a joint with Porsche developed its forecast. The profit margin will now be between 4 and 6 percent this year, it said Volkswagen-Daughter on Friday. So far it has been one percentage point more. Chief Financial Officer… Continue reading German Manager Magazine: Audi: Gernot Döllner cuts profit forecast, US tariffs burden004525