Nevs Emily GT rescuer buys factory in Italy; first EVs due this year

The Nevs Emily GT, a 621-mile electric saloon developed by former Saab engineers in Sweden, could enter production within the next few years. The project was rescued from a financially enforced ‘hibernation’ last December by Canadian start-up EV Electra, and its CEO has now claimed to have bought a factory in Italy.  CEO Jihad Mohammad posted on LinkedIn: “Yes,… Continue reading Nevs Emily GT rescuer buys factory in Italy; first EVs due this year

CATL Unveils Shenxing PLUS, Enabling 1,000-km Range and 4C Superfast Charging

BEIJING, April 25, 2024 /PRNewswire/ — At Auto China 2024, CATL (SZ.300750) unveiled Shenxing PLUS—the world’s first LFP battery that achieves a range above 1,000 kilometers with 4C superfast charging. Within eight months after the launch of the Shenxing superfast charging battery in August 2023, CATL has once again pushed the boundaries of LFP battery… Continue reading CATL Unveils Shenxing PLUS, Enabling 1,000-km Range and 4C Superfast Charging

Analysts Estimate Custom Truck One Source, Inc. (CTOS) to Report a Decline in Earnings: What to Look Out for

Custom Truck One Source, Inc. (CTOS) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that… Continue reading Analysts Estimate Custom Truck One Source, Inc. (CTOS) to Report a Decline in Earnings: What to Look Out for

Core & Main and Howard Hughes have been highlighted as Zacks Bull and Bear of the Day

For Immediate Release Chicago, IL – April 25, 2024 – Zacks Equity Research shares Core & Main CNM as the Bull of the Day and Howard Hughes Holdings HHH as the Bear of the Day. In addition, Zacks Equity Research provides analysis on PACCAR PCAR and Lear Corp. LEA. Here is a synopsis of all… Continue reading Core & Main and Howard Hughes have been highlighted as Zacks Bull and Bear of the Day

3 Auto Stocks Poised to Outpace Q1 Earnings Estimates

The first-quarter earnings season for the Auto-Tires-Trucks sector has shifted to high gear this week. So far, four S&P 500 sector components — Tesla, Genuine Parts, General Motors, LKQ Corp— have reported quarterly numbers. Results have been mixed so far. While Tesla and LKQ missed earnings estimates, General Motors and Genuine Parts surpassed the same. Per the Earnings Trend report dated Apr… Continue reading 3 Auto Stocks Poised to Outpace Q1 Earnings Estimates

Eaton Awarded $26.6M in Federal Tax Credits Supporting U.S. Manufacturing and Workforce Training Programs Advancing Clean Energy Projects

Eaton secures tax credits for its U.S. manufacturing and workforce training investments in Texas and Wisconsin advancing the U.S. clean energy economy. (Photo: Business Wire) PITTSBURGH, April 25, 2024–(BUSINESS WIRE)–Intelligent power management company Eaton was awarded more than $26.6 million in investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying… Continue reading Eaton Awarded $26.6M in Federal Tax Credits Supporting U.S. Manufacturing and Workforce Training Programs Advancing Clean Energy Projects

Read This Before Considering Continental Aktiengesellschaft (ETR:CON) For Its Upcoming €2.20 Dividend

Continental Aktiengesellschaft (ETR:CON) stock is about to trade ex-dividend in 3 days. The ex-dividend date is one business day before a company’s record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase… Continue reading Read This Before Considering Continental Aktiengesellschaft (ETR:CON) For Its Upcoming €2.20 Dividend

Earnings Preview: BorgWarner (BWA) Q1 Earnings Expected to Decline

BorgWarner (BWA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Earnings Preview: BorgWarner (BWA) Q1 Earnings Expected to Decline

Aptiv PLC (APTV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Aptiv PLC (APTV) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its… Continue reading Aptiv PLC (APTV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Stellantis closes its “data center” near Belfort: 330 employees transferred to Sochaux

The news of this transfer was announced this Thursday, April 25, 2024 during a CSE, social and economic committee, announced the unions. It is the group’s IT services based in Bessoncourt in the Territoire de Belfort since the 1980s, which are affected by this operation. In November 2023, “we had already had the beginnings of… Continue reading Stellantis closes its “data center” near Belfort: 330 employees transferred to Sochaux