The Automotive Glass Market to grow at a CAGR of 4.15% from 2022 to 2027|The increased demand for premium vehicles and sunroofs to drive growth-Technavio

NEW YORK, Aug. 4, 2023 /PRNewswire/ — The automotive glass market is expected to increase by USD 4. 72 billion from 2022 to 2027, and the market’s growth momentum will accelerate at a CAGR of 4.15%, according to Technavio – Download the Sample Report Automotive Glass Market Insights – Continue Reading Technavio has announced its latest… Continue reading The Automotive Glass Market to grow at a CAGR of 4.15% from 2022 to 2027|The increased demand for premium vehicles and sunroofs to drive growth-Technavio

Fisker (FSR) cuts guidance again despite hitting an ‘inflection’ point in Q2

California-based Fisker Inc. (FSR) released its second-quarter earnings Friday. Despite improving profitability, Fisker lowered its annual production guidance again due to supplier constraints. Fisker cuts 2023 EV production guidance Fisker delivered its first Ocean electric SUV in May as the EV startup began ramping up production. After producing 55 Ocean SUVs in the first three… Continue reading Fisker (FSR) cuts guidance again despite hitting an ‘inflection’ point in Q2

@Fisker: Fisker Inc. Announces Second Quarter 2023 Financial Results*000144

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its financial results for the second quarter ended June 30, 2023. “Our second quarter marked an important milestone for Fisker as we started deliveries of our first Fisker Ocean vehicles to customers.… Continue reading @Fisker: Fisker Inc. Announces Second Quarter 2023 Financial Results*000144

@Fisker: Fisker Inc. Announces Second Quarter 2023 Financial Results*000145

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its financial results for the second quarter ended June 30, 2023. “Our second quarter marked an important milestone for Fisker as we started deliveries of our first Fisker Ocean vehicles to customers.… Continue reading @Fisker: Fisker Inc. Announces Second Quarter 2023 Financial Results*000145

@Fisker: Fisker Showcases Future Vehicle Lineup at First-ever Product Vision Day000144

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today showcased its future vehicle lineup in Huntington Beach, CA. The Manhattan Beach-based carmaker presented four vehicles, as well as technology and sustainability visions, to an audience of investors, analysts, employees, and the media.… Continue reading @Fisker: Fisker Showcases Future Vehicle Lineup at First-ever Product Vision Day000144

Fisker cuts output forecast on lingering supply chain woes; loss narrows

Fisker recorded its first quarterly revenue from sales as the electric sport utility vehicle (SUV) maker kicked off deliveries in Europe and the United States. Fisker Inc’s smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles helped counter an annual production cut, sending its shares up more than 2% in… Continue reading Fisker cuts output forecast on lingering supply chain woes; loss narrows

Fisker Alaska Pickup, Fisker Ronin Convertible: Specs, Price, Release Date

Fresh from letting us take a first drive in its Ocean midsize electric SUV as well as making its first customer deliveries of the car, Fisker has unveiled its EV lineup for the next few years. At an event in Huntington Beach, California, on yesterday night, the company revealed four new models that will be… Continue reading Fisker Alaska Pickup, Fisker Ronin Convertible: Specs, Price, Release Date

Magna Announces Second Quarter 2023 Results

Sales increased 17% to $11.0 billion, compared to global light vehicle production increase of 15% Diluted earnings per share were $1.18 Adjusted diluted earnings per share increased 81% to $1.50 Completed the acquisition of Veoneer Active Safety Raised 2023 outlook for Total Sales, Adjusted EBIT Margin and Adjusted Net Income attributable to Magna AURORA, Ontario,… Continue reading Magna Announces Second Quarter 2023 Results

Magna Announces Second Quarter 2023 Results

Magna International Inc. Swamy Kotagiri, Magna’s Chief Executive Officer “I am pleased with our second quarter operating performance, which reflects continued strong execution on higher organic sales and cost reduction actions being taken across the company. We remain highly focused on executing our strategy and remain confident in our ability to meet our short- and… Continue reading Magna Announces Second Quarter 2023 Results

Fisker cuts output forecast on lingering supply chain woes; loss narrows

Electric-vehicle maker Fisker Inc. introduces the PEAR electric vehicle in Huntington Beach, California, August 3, 2023. REUTERS/Mike Blake/File Photo Aug 4 (Reuters) – Fisker Inc’s (FSR.N) smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles helped counter an annual production cut, sending its shares up more than 2% in premarket… Continue reading Fisker cuts output forecast on lingering supply chain woes; loss narrows