Ascent Aerospace to Exhibit at IMTS in September

MACOMB, Mich., Sept. 2, 2022 /PRNewswire/ — Ascent Aerospace, a leading provider of aerospace tooling systems, factory automation and integration services, will be an exhibitor at the International Manufacturing Technology Show in Chicago, IL at McCormick Place from September 12-17, 2022. As the largest show in the Western hemisphere, and this year being co-located with… Continue reading Ascent Aerospace to Exhibit at IMTS in September

Sacramento utility partners with BMW, Ford and GM for managed EV charging pilot

The Sacramento Municipal Utility District (SMUD) has announced a new EV program, the Managed Electric Vehicle Charging Pilot, in partnership with BMW, Ford and GM. The pilot will evaluate ways in which SMUD can help Sacramento-area customers charge their EVs at times of day that promote optimal energy load management. “This pilot program and the… Continue reading Sacramento utility partners with BMW, Ford and GM for managed EV charging pilot

LG Energy Solution tackles $228bn EV battery order with partners

SEOUL — South Korea’s LG Energy Solution recently struck another major joint venture to build an overseas plant for electric vehicle batteries, a strategy it hopes will allow it to lock in customers and rein in costs as it chases global leader Contemporary Amperex Technology (CATL) of China. LG Energy announced last month it will… Continue reading LG Energy Solution tackles $228bn EV battery order with partners

KIA EARNS TOP HONORS IN MOTORTREND’S ULTIMATE CAR RANKINGS

Several Kia Models Recognized as Top Performers in Their Respective Segments Kia earned first-place and top-ranked honors in MotorTrend’s Ultimate Car Rankings for the second half of 2022 Nine different Kia models across various categories were recognized, including the award-winning 2022 EV6 and 2023 Telluride, along with several other electrified vehicles MotorTrend updates Ultimate Car… Continue reading KIA EARNS TOP HONORS IN MOTORTREND’S ULTIMATE CAR RANKINGS

Kongsberg Automotive establishes a central Sales Organization and appoints a new Chief Sales Officer

Zurich, September 2, 2022: Kongsberg Automotive (KA) has set up a new central Sales Organization and has appointed David Redfearn as the Chief Sales Officer (CSO). David previously led the Fluid Transfer Systems business unit. The centralization of KA’s sales and business development activities, as announced on Capital Markets Day in December 2021, is a part… Continue reading Kongsberg Automotive establishes a central Sales Organization and appoints a new Chief Sales Officer

Kongsberg Automotive merges Fluid Transfer Systems and Couplings business units

Zurich, September 2, 2022: Kongsberg Automotive ASA (KA) has merged Fluid Transfer Systems (FTS) and Couplings business units to create a new ‘Flow Control Systems’ business unit. KA’s FTS business unit supplies PTFE hoses and hose assemblies to various industrial and automotive markets. KA’s Couplings business unit is a leader and supplier of compressed air couplings… Continue reading Kongsberg Automotive merges Fluid Transfer Systems and Couplings business units

German Handelsblatt: Auto industry: Volkswagen collects software target – and gets another partner on board with Continental005097

Volkswagen’s operating system The car manufacturer is getting more support from suppliers than originally planned when developing its own car operating system. (Photo: Volkswagen AG) The new Volkswagen boss Oliver Blume has to adapt the software strategy of Europe’s largest car manufacturer. The Wolfsburg-based company will miss the target set by Blume’s predecessor, Herbert Diess,… Continue reading German Handelsblatt: Auto industry: Volkswagen collects software target – and gets another partner on board with Continental005097

Xcelerate Solutions Wins DLA Recompete to Continue Modernization Efforts

MCLEAN, Va., Sept. 2, 2022 /PRNewswire/ — Xcelerate Solutions (Xcelerate) announced today it was awarded a three-year task order via the Defense Logistics Agency (DLA) J6 Enterprise Technology Services (JETS) contract  to continue its modernization and support of the Joint Contingency and Expeditionary Services (JCXS) Contingency Business Environment portfolio of applications. Through this task order,… Continue reading Xcelerate Solutions Wins DLA Recompete to Continue Modernization Efforts

Why Is Lear (LEA) Down 11.3% Since Last Earnings Report?

It has been about a month since the last earnings report for Lear (LEA). Shares have lost about 11.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Lear due for a breakout? Before we dive into how investors and analysts… Continue reading Why Is Lear (LEA) Down 11.3% Since Last Earnings Report?

Zacks.com featured highlights include BorgWarner Univar Solutions, Marathon Petroleum, Barclays and ModivCare

For Immediate Release Chicago, IL – September 2, 2022 – Stocks in this week’s article are BorgWarner Inc. BWA, Univar Solutions Inc. UNVR, Marathon Petroleum MPC, Barclays PLC BCS and ModivCare MODV. 5 Best Value Stocks Based on Discounted PEG Ratios In a market dealing with external shocks, value investing is fast gaining popularity. The… Continue reading Zacks.com featured highlights include BorgWarner Univar Solutions, Marathon Petroleum, Barclays and ModivCare