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Zacks News
Ford (F) Mustang Mach-E EV Recall Fix Under Investigation
by Zacks Equity Research
Ford's (F) 2021-2022 Mustang Mach-E model recall on Jun 10, 2022, is under investigation after NHSTA receives 12 customer complaints.
General Motors (GM) Slashes 200 Engineering Jobs, Cuts Fleet
by Zacks Equity Research
General Motors (GM) cuts 200 engineering jobs to reduce costs, and simplify vehicle orders and manufacturing processes. Meanwhile, the company's AV unit, Cruise, agrees to cut its fleet of robotaxis in half.
Stellantis (STLA) Invests $100M in CTR's Hell's Kitchen Project
by Zacks Equity Research
Stellantis (STLA) invests in the world's largest geothermal lithium project, with a production capacity of up to 300,000 metric tons of lithium carbonate equivalent each year.
EVgo (EVGO) Adds Rivian's R1T and R1S Models to Autocharge+
by Zacks Equity Research
EVgo's (EVGO) Autocharge+ enables drivers with compatible EVs to initiate the charging process without the need to open an app, swipe a credit card or tap an EVgo program card.
General Motors (GM) & Mitra Chem to Boost EV Battery Tech
by Zacks Equity Research
General Motors (GM) ventures into AI-driven battery tech with Mitra Chem to develop affordable batteries for EVs.
ElectraMeccanica (SOLO), Tevva to Merge in Green Vehicle Leap
by Zacks Equity Research
ElectraMeccanica (SOLO) and Tevva are set to merge, which will redefine the zero-emission commercial vehicle landscape across the UK, Europe and the United States.
Cummins (CMI) Powers First Hydrogen Passenger Train in NA
by Zacks Equity Research
Cummins (CMI) is powering the Coradia iLint, North America's first hydrogen passenger train.
Are Auto-Tires-Trucks Stocks Lagging Allison Transmission Holdings (ALSN) This Year?
by Zacks Equity Research
Here is how Allison Transmission (ALSN) and Commercial Vehicle Group (CVGI) have performed compared to their sector so far this year.
Tesla (TSLA) Launches Affordable Standard Range for Model S/X
by Zacks Equity Research
Tesla's (TSLA) Model S Standard Range and Model X Standard Range are priced at $78,490 and $88,490, respectively, before options.
Nikola (NKLA) Recalls Tre BEV Trucks Over Battery Safety Issue
by Zacks Equity Research
Nikola (NKLA) calls back all battery-electric trucks and suspends sales due to a defect in the battery pack.
Magna (MGA) Tops Q2 Earnings Estimates, Lifts '23 Sales View
by Zacks Equity Research
Magna (MGA) expects full-year 2023 revenues in the band of $41.9-$43.5 billion, up from the previous guidance of $40.2-$41.8 billion.
Adient (ADNT) Q3 Earnings & Sales Beat, Guidance Lifted
by Zacks Equity Research
Adient (ADNT) envisions fiscal 2023 revenues and adjusted EBITDA of $15.4 billion and $920 million, up from the prior guidance of $15 billion and $850 million, respectively.
Lear (LEA) Q2 Earnings Top Estimates as Both Units Outperform
by Zacks Equity Research
Lear (LEA) delivers a comprehensive second-quarter beat and witnesses year-over-year growth in sales and earnings.
Allison (ALSN) Q2 Earnings Beat Estimates, '23 View Raised
by Zacks Equity Research
Allison (ALSN) not only delivers a comprehensive beat in the second quarter but also witnesses year-over-year growth in sales and profit. Encouragingly, it also lifts the 2023 outlook.
Compared to Estimates, Allison Transmission (ALSN) Q2 Earnings: A Look at Key Metrics
by Zacks Equity Research
Although the revenue and EPS for Allison Transmission (ALSN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Allison Transmission (ALSN) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Allison Transmission (ALSN) delivered earnings and revenue surprises of 19.26% and 5.35%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Auto Sector Q2 Earnings Roster for Jul 27: F, HOG & More
by Rimmi Singhi
Per the latest Earnings Trend report, the auto sector's Q2 earnings are expected to grow 1.7% on a year-over-year basis. Read on to know if F, HOG, ALSN and LKQ are poised for an earnings beat.
Oshkosh (OSK) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Oshkosh (OSK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Allison (ALSN) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
The Zacks Consensus Estimate for Allison's (ALSN) Q2 earnings and revenues is pegged at $1.59 per share and $743.03 million, respectively.
Allison Transmission (ALSN) Stock Moves -0.29%: What You Should Know
by Zacks Equity Research
Allison Transmission (ALSN) closed at $58.97 in the latest trading session, marking a -0.29% move from the prior day.
Allison Transmission (ALSN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
by Zacks Equity Research
Allison Transmission (ALSN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Allison Transmission (ALSN) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Allison Transmission (ALSN) closed the most recent trading day at $57.87, moving -0.91% from the previous trading session.
General Motors (GM) Second Quarter Sales Increase 19% Y/Y
by Zacks Equity Research
General Motors (GM) delivers 691,978 vehicles, including 15,652 electric vehicles (EVs), in the second quarter.
Why Allison Transmission (ALSN) is a Top Value Stock for the Long-Term
by Zacks Equity Research
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Blink (BLNK) to Add NACS Connectors Into Entire Product Line
by Zacks Equity Research
Blink (BLNK) incorporates both NACS and CCS connectors into its state-of-the-art line of charging products to meet the charging needs of EV drivers.