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Gauzy Partners with Renault Trucks and French Government Innovation Program to Accelerate ADAS for Commercial Vehicles, Unveiled at Solutrans 2025
Globenewswire· 2025-11-19 13:00
Gauzy’s AI-powered Smart-Vision CMS is integrated into Renault Trucks’ DOLPHIN concept truck, advancing intelligent driver assistance solutions for commercial vehicles in line with emerging European regulations. Featured in Ford’s F-MAX at Solutrans, Gauzy’s Smart-Vision CMS, already in serial production, demonstrates proven driver safety performance across commercial vehicle platforms. TEL AVIV, Israel and LYON, France, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Gauzy Ltd. (NASDAQ: GAUZ), a global leader in vision ...
Honda recalls 256K cars nationwide over potentially dangerous software glitch
Fox Business· 2025-11-18 23:22
Core Viewpoint - Honda is recalling approximately 256,000 Accord Hybrid vehicles in the U.S. due to a software glitch that may lead to a loss of power while driving, increasing the risk of accidents or injuries [1][2]. Group 1: Recall Details - The recall affects specific Honda Accord Hybrids from the 2023 to 2025 model years [1]. - The National Highway Traffic Safety Administration (NHTSA) reported that the integrated control module (ICM) may reset while driving due to a software error, resulting in a loss of drive power [2][5]. - Honda will reprogram the software at no cost to the vehicle owners to address the issue [2]. Group 2: Cause of the Issue - The problem originates from improper software programming by a supplier, which caused the ICM to reset while the vehicle is in motion [5]. - The supplier did not fully understand the intended functionality of the ICM, leading to misinterpretation of normal internal communication issues as serious CPU problems [5]. - Additional features added to the ICM increased electrical load and created more electrical "noise," exacerbating communication disruptions and causing unnecessary system resets that could shut down critical functions, including engine power [8]. Group 3: Warranty Claims and Notifications - As of November 6, Honda had received 832 warranty claims related to the defect, but there have been no reports of injuries or fatalities from December 2022 to October 2025 [12]. - Owner notification letters are scheduled to be mailed on January 5 [10].
Ionic Rare Earths Limited to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-17 13:35
MELBOURNE, Australia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Ionic Rare Earths Limited (ASX: IXR), based in Australia, an emerging miner, refiner and recycler of sustainable and traceable magnet and heavy rare earths needed to develop net-zero carbon technologies, today announced that Mr Tim Harrison, Managing Director and CEO, will present live at the Australian Rare Earths & Critical Minerals Virtual Investor hosted by VirtualInvestorConferences.com, on November 19th, 2025. DATE: November 19th TIME: 1:00 PM ET ...
Martinrea International Inc. Reports Third Quarter Results and Declares Dividend
Globenewswire· 2025-11-11 22:01
TORONTO, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2025, and declared a quarterly cash dividend of $0.05 per share. THIRD-QUARTER HIGHLIGHTS Total sales of $1,190.8 million, production sales of $1,159.2 m ...
Martinrea International Inc. Reports Third Quarter Results and Declares Dividend
Globenewswire· 2025-11-11 22:01
Core Viewpoint - Martinrea International Inc. reported strong performance in Q3 2025, with improved operating income margins and positive results despite challenges from tariffs and production disruptions at key customers [3][4]. Financial Performance - Total sales for Q3 2025 were $1,190.8 million, a decrease of $46.7 million or 3.8% compared to Q3 2024 [4][15]. - Adjusted Operating Income for Q3 2025 was $65.0 million, with an Adjusted Operating Income Margin of 5.5%, up 20 basis points year over year [4][36]. - Free Cash Flow for Q3 2025 was $44.5 million, impacted by delayed collections due to a cybersecurity incident [4][36]. - Net Income for Q3 2025 was $35.8 million, a significant increase of 152.6% from $14.2 million in Q3 2024 [4][36]. Business Developments - The company secured new business worth approximately $30 million in annualized sales, contributing to a total of $170 million in new business awards over the last four quarters [3][4]. - Martinrea expects to finalize agreements on tariff relief with customers before year-end, which will cover most of its exposure [3][4]. Segment Performance - North America sales decreased by $47.8 million or 5.0% to $912.5 million in Q3 2025, primarily due to lower OEM production volumes and a decrease in tooling sales [15][16]. - Europe sales decreased by $2.9 million or 1.2% to $247.6 million, affected by lower OEM production volumes and tooling sales [18][23]. - Sales in the Rest of the World increased by $1.2 million or 3.7% to $34.9 million, driven by higher production volumes with General Motors and Mercedes [19][24]. Gross Margin Analysis - Gross margin for Q3 2025 was $169.97 million, representing 14.3% of total sales, an increase from 13.2% in Q3 2024 [26][27]. - The gross margin percentage for the nine months ended September 30, 2025, was 13.9%, up from 13.4% in the same period of 2024 [27][29]. Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.05 per share, payable to shareholders of record on December 31, 2025 [42].
X @Herbert Ong
Herbert Ong· 2025-11-11 15:26
🚨 Ford CEO says taking apart Tesla and Chinese EVs was 'shocking' and pushed him to shake up the automaker"I was very humbled when we took apart the first Model 3 Tesla and started to take apart the Chinese vehicles. When we took them apart, it was shocking what we found," Farley says.Ford's Mustang Mach-E had around 1.6km more electrical wiring than the Tesla, adding extra weight to the car and requiring a much bigger and more expensive battery.Link: https://t.co/Mi5iPtIwR4$TSLA ...
Research Frontiers CEO Joe Harary to Lead North American Vehicle Glazing Innovation Summit 2025 in Detroit as Chairman and Keynote Presenter
Globenewswire· 2025-11-05 13:30
Core Insights - Research Frontiers Inc. announced that its President and CEO, Joseph M. Harary, will chair the North American Vehicle Glazing Innovation Summit 2025, scheduled for November 18–19, 2025, in Detroit, Michigan [1][4] - Harary will deliver a keynote presentation on "Real World Uses of SPD-SmartGlass and Other Variable Tint Technologies," focusing on the impact of light-control glazing in the automotive sector [2][3] Company Overview - Research Frontiers is the inventor and licensor of SPD-SmartGlass technology, which allows for instant and precise control of light passing through glass, enhancing comfort and energy efficiency [6][7] - The company's technology is currently utilized in various applications, including vehicles, aircraft, trains, yachts, and buildings, significantly reducing cabin heat load by up to 95% and blocking 99.5% of light on demand [3][7] Industry Context - The summit will gather key players from the automotive glazing value chain, including major automakers and glass manufacturers, to discuss trends such as smart glass integration, sustainability, and regulatory developments [4][5] - The event is organized by ECV International and aims to explore how glazing innovation can support the future of mobility [5][6]
I Can't Lie, I'm Excited About Tesla Stock After Its Recent Earnings Report. Here's Why.
The Motley Fool· 2025-11-02 19:43
Core Insights - Tesla's robotaxi ambitions are generating excitement despite some disappointments in earnings [1] - The market is increasingly viewing Tesla as a tech company rather than a traditional automaker [2][7] Valuation and Market Position - Tesla's price-to-sales ratio is significantly higher than that of other automakers, trading above 16 times earnings, indicating a premium valuation typically associated with tech firms [3][7] - Despite a projected decline in sales this fiscal year, Tesla continues to maintain a high market cap of $1.518 trillion [5][6] Sales and Market Dynamics - Tesla is experiencing sales declines of up to 40% in certain regions, even as overall EV sales rise [5] - The loss of federal subsidies has impacted the EV industry, which previously contributed billions in profits to Tesla [5] Robotaxi Development - Elon Musk has made ambitious predictions regarding the rollout of Tesla's robotaxi service, aiming for "millions" of robotaxis by the end of 2026 [11] - The company plans to expand its robotaxi service to eight to ten cities by the end of the year [11] Competitive Advantage - Tesla's control over its production processes and significant investments in AI position it favorably in the robotaxi market [12][13] - Analysts believe that Tesla's vertically integrated business model and access to capital could enable it to capitalize on a potential $10 trillion global opportunity in autonomous vehicles [15]
X @BBC News (World)
BBC News (World)· 2025-10-27 19:11
Trade Policy - Ford坚决支持里根时期的反关税广告 [1] - 公司“实现了目标” [1]
Sandeep Goyal’s art of the audacious deal
BusinessLine· 2025-10-27 01:11
Core Insights - Sandeep Goyal, chairman of Rediffusion, is known for his ambitious plans to bid for dentsu's international business despite Rediffusion's relatively smaller size with a turnover of ₹100 crore [5][7] - Goyal has a rich history in advertising, having successfully navigated various roles and companies, leading to significant achievements in the industry [10][15] - The advertising landscape is evolving, with Goyal emphasizing the importance of adapting to changes, particularly with the rise of AI in the industry [18] Company Overview - Rediffusion is currently a small but profitable agency, having crossed ₹100 crore in revenue, with a focus on maintaining profitability rather than merely expanding size [18] - The agency has a history of successful partnerships, including a notable joint venture with dentsu that brought in numerous Japanese clients [15][17] - Goyal's leadership style includes a preference for cost-effective operations, utilizing unconventional office spaces to keep expenses low [17] Industry Context - The advertising industry is facing transformative changes, with Goyal predicting that traditional ad agencies will need to evolve significantly in the next decade [18] - Goyal has launched the Aesthetic Intelligence Lab (AIL) to leverage generative AI for creative production, indicating a shift towards technology-driven solutions in advertising [18] - The competitive landscape is intensifying, with Goyal's approach focusing on optimal growth rather than maximal expansion, reflecting a strategic shift in how agencies operate [18]