The Latest Breaking News from Valeo

Seeing Machines joins forces with German machine learning

At South by Southwest -- the gargantuan Texas festival for cinema, music and tech -- artists this year embraced virtual reality as a way to better connect with humanity, not escape it.

NIO saw reduced sales, wider losses, and a steep gross margin decline in the second quarter. While it expects solid long-term growth, expensive valuation, poor fundamentals, and increased competition will likely keep it under pressure. Therefore, it could be wise to buy auto stocks Nissan Motor (NSANY), Renault SA (RNLSY),…

As the automotive sector flourishes on the backs of improving consumer demand and adoption of EVs, fundamentally sound auto stocks, Valeo SE (VLEEY), Standard Motor Products (SMP), and Commercial Vehicle Group (CVGI) have gained traction among investors. Hence, these stocks could be solid buys now. Continue reading….

The demand for auto parts is expected to grow as auto sales are projected to return to pre-pandemic levels this year. In addition, the demand for new technologies is fuelling the growth of auto parts. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks Valeo…

A person would be able to leave the vehicle, and it would park itself. Automated charging and car washing are possible, too.

Siemens AG (OTC:SIEGY) reported first-quarter FY22 revenue growth of 17% year-on-year to €16.5 billion. Orders rose 52% Y/Y to €24.2 billion. Orders increased 42%, and revenue rose 9% on a comparable basis. Profit Industrial Business increased 12% Y/Y, to €2.5 billion, and the corresponding profit margin came in at 15.7% (Q1 2021: 16.5%). The basic…