Category: Automotive

Automotive
Automotive Components Packaging Market Dimension to Develop by USD 1.90 billion with 46% of the Contribution from APAC – 17,000+ Technavio Stories |

NEW YORK, Sept. 5, 2022 /PRNewswire/ — The “Automotive Components Packaging Market – Forecast and Evaluation 2022-2026” report has been added to Technavio’s providing. With ISO 9001:2015 certification, Technavio is proudly partnering with greater than 100 Fortune 500 firms for over 16 years. The potential development distinction for the automotive components packaging market between 2021 and 2026 is USD 1.90 billion, as per the most recent market evaluation report by Technavio. Nonetheless, the report will witness a decelerating development momentum at a CAGR of 4.6% through the projected interval. The analysts at Technavio have categorized the worldwide

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Automotive
Rivian Automotive, Inc. (NASDAQ:RIVN) Inventory Holdings Decreased by Mitsubishi UFJ Belief & Banking Corp

Mitsubishi UFJ Belief & Banking Corp lowered its stake in Rivian Automotive, Inc. (NASDAQ:RIVNGet Ranking) by 2.0% within the 1st quarter, based on its most up-to-date submitting with the SEC. The fund owned 82,404 shares of the electrical automobile automaker’s inventory after promoting 1,718 shares through the interval. Mitsubishi UFJ Belief & Banking Corp’s holdings in Rivian Automotive have been value $4,140,000 as of its most up-to-date SEC submitting.

A number of different hedge funds and different institutional buyers additionally just lately modified their holdings of the inventory. World Wealth Administration Funding Advisory Inc. purchased a

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Automotive
Sonic Automotive, Inc. (NYSE:SAH) Shares Bought by State of Tennessee Treasury Division

State of Tennessee Treasury Division elevated its place in shares of Sonic Automotive, Inc. (NYSE:SAHGet Score) by 138.2% within the first quarter, in line with its most up-to-date Kind 13F submitting with the Securities & Alternate Fee. The agency owned 15,967 shares of the corporate’s inventory after buying an extra 9,264 shares throughout the quarter. State of Tennessee Treasury Division’s holdings in Sonic Automotive have been value $679,000 as of its most up-to-date SEC submitting.

Plenty of different institutional buyers and hedge funds have additionally lately modified their holdings of the corporate. Westwood Holdings Group Inc.

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Automotive
Tesla Inventory Vs. BYD Inventory: EV Large’s Gross sales Preserve Booming As Buffett Sells Shares; TSLA Checks Assist

Tesla (TSLA) and BYD Co. (BYDDF) are each fast-growing EV giants. Whereas numerous consideration falls on startups corresponding to Rivian Automotive (RIVN), Lucid (LCID), Nio (NIO), Xpeng (XPEV) and Li Auto (LI), in addition to conventional automakers pushing into EVs, corresponding to Common Motors (GM) and Ford Motor (F), Tesla and BYD are setting the tempo.




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On Aug. 29, BYD reported Q2 internet earnings almost tripled vs. a yr earlier. On Sept. 2, BYD one other report month for deliveries in

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Automotive
‘Lethal’ drag racing and avenue takeovers are dominating Chicago – police say they’re going to be ‘relentless’

AUTOMOTIVE drag races and stunt exhibits are dominating Chicago’s streets — and the town’s police are cracking down.

Chicago cops arrested 9 individuals, impounded seven autos, and focused 22 further automobiles for future impoundment final weekend.

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Avenue takeover spectator movies Chicago police cracking down on the occasionCredit score: TikTok/815.hades

The Windy Metropolis handed an ordinance final June permitting its police to impound and advantageous sideshow automobiles as much as $10,000 — Chicago Tribune experiences.

A sideshow is an automotive exhibition showcasing unlawful driving actions like stunts or drag racing.

Sideshow audiences continuously circle the occasion’s automotive[s] to create

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Automotive
HDT Automotive Names New CFO James Habel

Printed: Aug. 31, 2022 at 11:53 AM MST|Up to date: 3 hours in the past

  • HDT designs, engineers and manufactures superior thermal administration techniques in key auto manufacturing areas around the globe
  • John Anselmi will retire Sept. 1 and transition to advisory position and Board Member
  • Habel brings earlier CFO expertise and a observe file of success

LIVONIA, Mich., Aug. 31, 2022 /PRNewswire/ — HDT Automotive Options (HDT Automotive), a number one international provider of fluid-handling techniques and precision aluminum components, as we speak introduced the appointment of James Habel as its Chief Monetary Officer.

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