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Zacks News
Germany Auto Market Faces a Rough Road Amid Big EV Push
by Rimmi Singhi
While vehicle sales in Germany rise 3% y/y in August, it's no cause for optimism as the auto market of the country is on a bumpy road amid severe supply chain snafus and a weakening economy.
EV Roundup: GP & FUV's Quarterly Results and Other Updates
by Rimmi Singhi
Green Power (GP) and Arcimoto (FUV) post wider-than-expected losses in their latest quarterly reports. The bottom line also deteriorates year over year.
BMW AG's (BAMXF) Next-Gen EVs to Get Eve Energy's Batteries
by Zacks Equity Research
China-based cell maker Eve Energy will supply cylindrical lithium-ion batteries to BMW AG's (BAMXF) new EVs from 2025. BMW's shift to the new battery type is perhaps to economize costs.
Ford (F) and Others Collaborate With SMUD for EV Charging
by Zacks Equity Research
Ford (F), General Motors (GM) and BMW (BAMXF) partner with the non-profit electric service provider SMUD for a managed EV charging program to offer a sustainable and cost-saving battery.
J.D. Power US IQS Report Out: Vehicle Quality Hits Record Low
by Rimmi Singhi
Per the 2022 J.D. Power quality scorecard, General Motors (GM) grabs the top spot among the automakers with a total of nine awards.
The Zacks Analyst Blog Highlights Ford, BMW AG Tesla, General Motors and Toyota
by Zacks Equity Research
Ford, BMW AG, Tesla, General Motors and Toyota are part of Zacks top Analyst Blog.
EV Roundup: F & BMW's Electrification Plan Updates Take the Spotlight
by Rimmi Singhi
While Ford (F) spearheads the electrification drive in Europe with the newly selected Valencia plant in Spain, BMW (BAMXF) announces ambitious EV plans in China and Austria to make its mark in the red-hot e-mobility domain.
BMW AG (BAMXF) Announces Ambitious EV Plans in China, Austria
by Zacks Equity Research
The BMW AG Group (BMW) is set to achieve EV targets in China and Austria. With an investment of $2.24B, the China plant will bolster EV capacity. BMW will also invest $1B in electric powertrain in Austria.
New Strong Sell Stocks for May 6th
by Santanu Roy
T, BASFY, and BAMXF have been added to the Zacks Rank #5 (Strong Sell) List on May 6, 2022.
Volkswagen's (VWAGY) Lamborghini Plans to Discard Pure ICE Cars
by Zacks Equity Research
Volkswagen's (VWAGY) Lamborghini plans to bid farewell to pure ICE vehicles and develop only plug-in hybrid cars starting next year.
EV Roundup: GM's Big Reveals at CES 2022 & F's E-Pickup Update Hog Limelight
by Rimmi Singhi
While General Motors (GM) makes a splash at the CES event with the 2024 Chevrolet Silverado EV pickup debut, Ford (F) grabs eyeball with output ramp-up plans of the most-awaited F-150 Lightning e-truck.
BMW (BAMXF) Revs Up EV Game With All-Electric iX M60 SUV Debut
by Zacks Equity Research
Scheduled to hit the markets this June, BMW's (BAMXF) iX M60 boasts 610 horsepower and 811 pound-feet of torque and a 0 to 60mph acceleration time of 3.6 seconds.
Auto Stock Roundup: BMW Hiring Plans, Tesla Recall Update & More
by Rimmi Singhi
While BMW (BAMXF) announces plans to create up to 6,000 new jobs in 2022, Tesla (TSLA) issues recalls for more than 475,000 cars in the United States.
BMW (BAMXF) to Fuel EV Production Via 6,000 Fresh Positions
by Zacks Equity Research
BMW (BAMXF), which currently employs about 120,000 people, is creating 6,000 new positions in Germany.
Fox Factory Holding (FOXF) Hits 52-Week High, Can the Run Continue?
by Zacks Equity Research
Fox Factory Holding (FOXF) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
What Triggered Daimler's (DDAIF) Truck Division Spin-Off Decision?
by Zacks Equity Research
With Daimler's (DDAIF) truck division spin-off, the company plans to grow further and continue its dominance in alternative powertrains and automation.
Chip Crisis Deals a Massive Blow to U.S. Q3 Auto Sales
by Rimmi Singhi
U.S. auto sales fell for the fifth consecutive month in September, driving down third-quarter 2021 total vehicle sales.
BMW (BAMXF), Daimler (DDAIF) Sued Over Inadequate Climate Goals
by Zacks Equity Research
The heads of DUH have filed a lawsuit application in Germany against BMW (BAMXF) and Daimler (DDAIF) for denying to tighten their carbon emission goals.
Key Tidbits From 2021 J.D. Power APEAL Study
by Rimmi Singhi
Porsche and Dodge lead the premium and mainstream brands, respectively. Meanwhile, Tesla emerges as the unofficial winner of the 2021 J.D. Power APEAL Study.
EV Roundup: TM's $13.5B Battery War Chest, NIO's $2B Share Offering & More
by Rimmi Singhi
Toyota (TM) grabs headlines with its $13.5 billion investment plan to develop EV batteries. Meanwhile, NIO stock price declines as it plans to raise $2 billion through a stock offering.
Top Eye Candies From the IAA Mobility Show This Year
by Pooja Dhona
Besides moving from Frankfurt to Munich, the IAA Mobility Show saw a major overhaul this year, showcasing not just cars but also electric scooters and e-bikes, electric buses and trams.
Who's Leading the 2021 J.D. Power Quality Scorecard?
by Rimmi Singhi
Stellantis generates the maximum buzz, with the firm's RAM and Dodge brands grabbing the first and the second spot, respectively, in the 2021 Initial Quality Study from J.D. Power.
Auto Stock Roundup: GM's China Sales, Group 1's Prelim Q2 Results & More
by Rimmi Singhi
While General Motors' (GM) Q2 vehicle sales in China grow 5.2% year over year, Group 1 Automotive's (GPI) solid preliminary Q2 results impress investors.
Volkswagen (VWAGY)-BMW (BAMXF) to Pay $1B Over Emission Scandal
by Zacks Equity Research
BMW (BAMXF) and Volkswagen (VWAGY) will pay a fine to the EC for forming a cartel to avoid competing on technology to restrict pollution from diesel cars.
Daimler (DDAIF), Volkswagen (VWAGY) & Volvo Unite for EV Chargers
by Zacks Equity Research
The latest venture between Daimler (DDAIF), Volkswagen's (VWAGY) Traton and Volvo marks the coming together of three leading European truck makers to achieve their climate-neutral goals.