Aptiv PLC APTV is set to report second-quarter 2020 results on Jul 30, before the bell. The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the last four quarters and matched estimates on one occasion, delivering an average surprise of 35.7%. Q1 Expectations Aptiv’s performance in the… Continue reading Coronavirus Crisis to Hurt Aptiv’s (APTV) Q2 Earnings & Revenues
Tag: Financial Results
Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers
Tesla CEO Elon Musk noted on Twitter on Tuesday night that the automaker would be “open to licensing software and supplying powertrains & batteries” to other automakers. Musk added that that would even include Autopilot, the advanced driver assistance software that Tesla offers to provide intelligent cruise control in a number of different driving scenarios.… Continue reading Elon Musk says Tesla is open to licensing Autopilot, supplying powertrains and batteries to other automakers
Nio Inc (NIO) Stock Might Be Expensive, Stay Cautious
McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks… Continue reading Nio Inc (NIO) Stock Might Be Expensive, Stay Cautious
Best Automotive Stocks For 2020 According To Hedge Funds
What are the best automotive stocks for 2020? The automotive industry is hugely visible and has generally attracted considerable interest from investors for decades. However, these stocks are also cyclical in nature, as they tend to advance or decline with the prevalent economic tide. When there is uncertainty or fear about the economy, automotive companies’… Continue reading Best Automotive Stocks For 2020 According To Hedge Funds
I’m a New York City Uber driver. The pandemic shows that my industry needs fundamental change or drivers will never recover.
Rideshare drivers for Uber, Lyft, and others have been devastated during the COVID-19 pandemic. The shutdown, along with stay-at-home orders issued across the country, has slowed the for-hire vehicle business to a halt. Legislation known as “the Right to Bargain” could finally get drivers the support they need. Aziz Bah is an Uber and Lyft driver in New… Continue reading I’m a New York City Uber driver. The pandemic shows that my industry needs fundamental change or drivers will never recover.
General Motors slides to a loss on falling demand for cars in the US
Profits and sales fall in traditionally lucrative North American operations Go to Source
@Hyundai: Q2 2020 Business Results (Tentative)
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure title : Q2 2020 Business Results (Tentative) * Below figures are tentative results and may differ from final confirmed numbers. 1. K-IFRS Consolidated Business Results Unit : KRW million Q2 2020 Q1 2020 QoQ (%) Q2 … Continue reading @Hyundai: Q2 2020 Business Results (Tentative)
GM says it can pay off $16 billion loan if U.S. recovery continues
(Reuters) – General Motors Co (GM.N) on Wednesday said if the U.S. economy continues to recover from the coronavirus pandemic and the auto industry does not experience any further production shutdowns, the No. 1 U.S. automaker should be able to generate enough cash to pay off a $16 billion loan by the end of the… Continue reading GM says it can pay off $16 billion loan if U.S. recovery continues
Coronavirus: Nissan shares fall 10% after record loss warning
Nissan’s shares have plunged by 10% in Tokyo trading after warning that it would see a record annual loss. Japan’s second largest carmaker said it expects a $4.5bn (£3.5bn) operating loss this year as the coronavirus hinders its turnaround efforts. The worse-than-expected forecast came as the company predicted its sales will be the lowest in… Continue reading Coronavirus: Nissan shares fall 10% after record loss warning
Hyundai registers robust demand for second-gen diesel Creta
Hyundai Motor India (HMI), which introduced the second-generation Creta SUV in the Indian market earlier this year in March, is registering strong demand for the diesel powertrain in the new model. The company is offering the Creta in 1.5-litre petrol, 1.5-litre diesel and a 1.4-litre turbocharged petrol engine options, and says that so far the… Continue reading Hyundai registers robust demand for second-gen diesel Creta