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Zacks News
Here's Why You Should Add CarMax Stock to Your Portfolio Now
by Zacks Equity Research
KMX's extensive nationwide footprint and logistics network, strategic buyouts and collaborations, as well as omnichannel initiatives, enhance its prospects.
NIO Introduces Compact & Affordable Firefly Alongside New ET9 Sedan
by Zacks Equity Research
NIO introduces its second sub-brand and third overall BEV brand, Firefly, and launches the new ET9 sedan at RMB 788,000.
5 Auto Stocks Poised to Continue Their Winning Streaks in 2025
by Lavina Shahu
TSLA, GM, DORM, KAR and BLBD are poised to maintain strong momentum in 2025, driven by industry optimism, innovation and cost efficiency.
Volkswagen Invests CAD69M in Patriot to Acquire 9.9% Stake
by Zacks Equity Research
VWAGY and its subsidiary, PowerCo, enter into a strategic partnership with Patriot to invest CAD69 million in the Canadian lithium developer to acquire a 9.9% stake.
CarMax's Q3 Earnings Surpass Expectations, Increase Y/Y
by Zacks Equity Research
KMX's fiscal third-quarter earnings and revenues surpass the Zacks Consensus Estimate and rise year over year.
Is Blue Bird (BLBD) Outperforming Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Here is how Blue Bird (BLBD) and Dorman Products (DORM) have performed compared to their sector so far this year.
Ford and SK On Secure $9.63B Loan to Setup 3 Battery Plants
by Zacks Equity Research
F and SK On secure a $9.63 billion loan from the U.S. Energy Department to construct three advanced EV battery plants in Tennessee and Kentucky.
Honda and Nissan in Discussion to Strengthen Collaboration
by Zacks Equity Research
HMC and NSANY are in talks to form a holding company and are likely to sign a memorandum of understanding soon, per Nikkei.
Shyft & Aebi Schmidt to Unite to Lead Specialty Vehicle Market
by Zacks Equity Research
SHYF and Aebi Schmidt Group agree to merge in an all-stock deal to form a leading specialty vehicles company.
THOR Stock Dips 11.5% YTD: Here's Why it is Worth Holding on to Now
by Zacks Equity Research
THO is posed to gain from EV push, product portfolio expansion and strategic acquisition amid challenges in the RV market and rising expenses.
Wall Street's 3 Favorite Auto Stocks Worth Buying for 2025
by Rimmi Singhi
BLBD, DORM and WPRT are a few auto stocks that Wall Street analysts recommend buying for the next year.
EVgo Secures $1.25B Loan to Build Fast-Charging Stalls Across US
by Zacks Equity Research
EVGO finalizes a $1.25 billion guaranteed loan from the U.S. Department of Energy to support the construction of 7,500 new fast-charging stalls across the country.
AutoZone Q1 Earnings Miss Expectations, Revenues Rise Y/Y
by Zacks Equity Research
AZO's first-quarter fiscal 2025 earnings and revenues miss the Zacks Consensus Estimate.
Stellantis & CATL to Build EUR4.1B LFP Battery Plant in Spain
by Zacks Equity Research
STLA and CATL agree to invest up to EUR4.1 billion to establish a joint venture for a LFP battery plant in Spain.
Garrett Motion to Boost Shareholder Value Via Dividend & Buybacks
by Zacks Equity Research
GTX introduces a long-term capital allocation framework aimed at returning at least 75% of its Adjusted Free Cash Flow to shareholders over time.
Hesai to Provide 1.5M Lidar Units to Changan for Multiple Car Models
by Zacks Equity Research
HSAI is set to be an exclusive supplier of long-range lidar for Changan Automobile's new intelligent driving platform.
Stellantis Partners With Zeta Energy to Develop Advanced EV Batteries
by Zacks Equity Research
STLA signs a contract with Zeta Energy to develop lithium-sulfur EV batteries with breakthrough gravimetric energy density.
Blink Charging Gets Contract to Supply EV Chargers to Power Design
by Zacks Equity Research
BLNK receives a contract to supply 429 chargers with a total of 723 plugs for residents living and working on Power Design's projects nationwide.
ChargePoint's Q3 Loss Wider Than Expected, Revenues Decline Y/Y
by Zacks Equity Research
CHPT reports mixed fiscal third-quarter results and expects fiscal fourth-quarter revenues in the range of $95-$105 million.
Thor Q1 Earnings Miss Expectations, Revenues Decline Y/Y
by Zacks Equity Research
THO reports lower-than-expected first-quarter earnings and hikes dividend by 4.2% to 50 cents per share.
General Motors Recalls 132K Trucks Due to Tailgate Defect
by Zacks Equity Research
GM recalls more than 132,000 trucks, including the 2024 Chevrolet Silverado HD 2500, 3500 and GMC Sierra HD 2500, 3500, to fix the tailgate issue.
Are Auto-Tires-Trucks Stocks Lagging Blue Bird (BLBD) This Year?
by Zacks Equity Research
Here is how Blue Bird (BLBD) and Dorman Products (DORM) have performed compared to their sector so far this year.
General Motors to Offload Stakes in Battery Plant at Michigan
by Zacks Equity Research
GM prepares to sell its stake in a joint venture battery plant in Michigan to LG Energy Solution to scale back its EV strategy.
Volkswagen Faces Strike Over Labor Issues in German Plants
by Zacks Equity Research
VWAGY faces labor strikes at plants across Germany after it declined to rule out workforce reductions and potential plant closures in its home market.
Here's Why You Should Offload Advance Auto From Your Portfolio
by Zacks Equity Research
AAP faces headwinds from planned store closures, weakness in the DIY segment and high capital requirements.