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Fisker Exceeded Targeted Assembly Rate Of 80 Units Per Day At The End Of June
(RTTNews) - Electric vehicles maker Fisker, Inc. (FSR) announced Friday its vehicle production volume for the second quarter of 2023.
In the second quarter of this year, 1,022 of the class-leading Fisker Ocean SUVs were produced in Austria for customers as well as marketing and engineering purposes.
Fisker said it exceeded its targeted assembly rate of 80 units per day at the end of June and expects vehicles produced to exceed 1,400 in early July.
Looking ahead, Fisker is investing in additional battery pack capacity to protect the compressed manufacturing timeline this year and support higher volumes than originally anticipated next year.
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Fisker Says It Is Fully Cooperating With NHTSA On Reported Braking Issues
Fisker Inc. (FSR) said Friday reacted to the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation's (ODI) Preliminary Evaluation of reported braking issues with the 2023 Fisker Ocean saying, "Fisker is fully cooperating with NHTSA on this matter."
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629 dias atrás
Canadian Market Down Sharply; Materials Stocks Tumble
The Canadian market is down sharply in negative territory Thursday afternoon, hurt by losses in materials, consumer discretionary and industrials sectors.
Geopolitical tensions, and concerns about the impact of the US government shutdown render the mood bearish. Also, investors are looking ahead to the reporting season.
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11 minutos atrás
Swiss Market Settles Modestly Lower
The Switzerland market spent much of the day's trading session on Thursday as investors refrained from making significant moves amid a lack of positive catalysts.
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54 minutos atrás
European Stocks Close Broadly Lower Amid Political Uncertainty And Lack Of Key Data
Most of the markets across Europe ended on a weak note on Thursday, weighed down by concerns about the political situation in France, and a lack of significant data. Bank stocks were under pressure.
However, expectations of more interest rate cuts by the Federal Reserve limited markets' downside a bit.
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1 h 10 min atrás
ECB Minutes Reveal Confident But Cautious Stance Amid High Uncertainty
The European Central Bank policymakers felt no immediate pressure to adjust interest rates in September as risks to both inflation and growth were seen as balanced and the high uncertainty linked to trade policies also justified the stance as this would give more time to assess the real impact of tariffs on the economy, minutes of the September policy session showed on Thursday.
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1 h 17 min atrás
Bay Street Likely To Open Flat
Canadian stocks look headed for a somewhat flat start Thursday morning, tracking the trend in European markets, and commodity prices.
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5 h 53 min atrás
Philippine Central Bank Cuts Rate Unexpectedly
The Philippines' central bank unexpectedly reduced its key interest rates by 25 basis points on Thursday, for the fourth time this year and signaled further reduction to support economic growth. The Monetary Board of the Bangko Sentral ng Pilipinas, headed by Governor Eli Remolona, decided to reduce the policy rate by 25 basis points to 4.75 percent. The bank was expected to hold the rate at 5.0
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6 h 7 min atrás
PepsiCo Q3 Results Top Market, Confirms FY25 View; Names Walmart's Steve Schmitt CFO
PepsiCo, Inc. on Thursday reported lower profit in its third quarter, while core earnings per share and top line beat market estimates. Further, the firm maintained its fiscal 2025 outlook. Separately, the food and beverage giant announced that it has appointed Walmart Inc.'s Steve Schmitt as Executive Vice President and Chief Financial Officer...
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6 h 29 min atrás
