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Zacks News
Rivian Receives $6.6B Loan Approval to Build EV Production Facility
by Zacks Equity Research
RIVN gets conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build an EV production plant in Georgia.
Blue Bird Q4 Earnings Miss Expectations, Revenues Increase Y/Y
by Zacks Equity Research
BLBD reports mixed fiscal fourth-quarter results and expects fiscal 2025 net revenues in the range of $1.4-$1.5 billion.
Volkswagen Reduces Stakes in Northvolt, Signs Contract With Novonix
by Zacks Equity Research
VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite material.
Tesla, Rivian Agree to Settle Four-Year Trade Secrets Lawsuit
by Zacks Equity Research
TSLA agrees to resolve a four-year-old trade secrets lawsuit with RIVN, provided that Rivian satisfies the settlement terms.
Honda Builds Demonstration Production Line for Solid-State Batteries
by Zacks Equity Research
HMC builds a demonstration facility in Sakura City, Japan, to mass-produce solid-state batteries at lower costs.
Copart Q1 Earnings Match Expectations, Revenues Increase Y/Y
by Zacks Equity Research
CPRT's first-quarter earnings match the Zacks Consensus Estimate while revenues beat the same.
Stellantis Introduces STLA Frame, Delays Ram Electric Pickup Launch
by Zacks Equity Research
STLA introduces the STLA Frame for full-size body-on-frame pickup trucks and SUVs and delays the launch of the Ram all-electric pickup to the first half of 2025.
XPeng's Q3 Revenues Increase Y/Y on Strong Delivery Growth
by Zacks Equity Research
XPEV reports third-quarter revenues of $1.44 billion due to strong growth in year-over-year deliveries.
Workhorse Q3 Earnings Miss Estimates, Revenues Decline Y/Y
by Zacks Equity Research
WKHS reports lower-than-expected Q3 results and secures the GSA Government Fleet Contract, which complements its growing cooperative purchasing network.
Ford Faces Regulatory Scrutiny Related to Previous Recalls
by Zacks Equity Research
F is under two separate regulatory scrutiny related to previous recalls, including 113,000 Ford Expeditions and 457,000 Ford Bronco Sport SUVs and Maverick small pickups.
General Motors' Cruise to Pay $500K Penalty Over False Crash Report
by Zacks Equity Research
GM's Cruise agrees to pay a $500,000 criminal fine after it admitted to submitting a false report in an attempt to sway a federal investigation last year.
Magna Shares Rise 12% Since Q3 Earnings Miss Expectations
by Zacks Equity Research
MGA reports lower-than-expected Q3 results and expects 2024 revenues in the band of $42.2-$43.2 billion, down from $42.5-$44.1 billion guided earlier.
Westport Q3 Earnings Beat Expectations, Revenues Decline Y/Y
by Zacks Equity Research
WPRT incurs narrower-than-expected Q3 loss while revenues miss the Zacks Consensus Estimate.
Are Auto-Tires-Trucks Stocks Lagging Dorman Products (DORM) This Year?
by Zacks Equity Research
Here is how Dorman Products (DORM) and REE Automotive Ltd. (REE) have performed compared to their sector so far this year.
Adient Q4 Earnings Surpass Expectations, Revenues Decline Y/Y
by Zacks Equity Research
ADNT reports better-than-expected Q4 results and expects fiscal 2025 revenues in the range of $14.1-$14.4 billion, down from $14.69 billion reported in 2024.
Here's Why You Should Hold BorgWarner Stock in Your Portfolio Now
by Zacks Equity Research
BWA's frequent business wins and PowerDrive Systems restructuring are set to buoy its prospects amid a challenging market production outlook.
American Axle Q3 Earnings Beat Expectations, Guidance Revised
by Zacks Equity Research
AXL reports mixed third-quarter results and expects 2024 revenues in the band of $6.10-$6.15 billion compared with the prior estimate of $6.10-$6.30 billion.
Goodyear Shares Rise 23% Since Q3 Earnings Beat Expectations
by Zacks Equity Research
GT reports mixed third-quarter results and expects full-year 2024 capital expenditures to be $1.20 billion, down from the previous estimate of $1.25 billion.
Dorman Products (DORM) Is Up 11.21% in One Week: What You Should Know
by Zacks Equity Research
Does Dorman Products (DORM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Harley-Davidson Shares Decline 3% Since Q3 Earnings Beat
by Zacks Equity Research
HOG reports better-than-expected Q3 earnings and slashes 2024 revenue guidance for the HDMC segment.
3 Reasons Growth Investors Will Love Dorman Products (DORM)
by Zacks Equity Research
Dorman Products (DORM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Dorman Products (DORM) Upgraded to Strong Buy: Here's What You Should Know
by Zacks Equity Research
Dorman Products (DORM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Dorman Products, Inc. (DORM) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Dorman Products (DORM) 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.
Dorman Products (DORM) Tops Q3 Earnings Estimates
by Zacks Equity Research
Dorman Products (DORM) delivered earnings and revenue surprises of 27.27% and 1.33%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Standard Motor Products (SMP) Beats Q3 Earnings and Revenue Estimates
by Zacks Equity Research
Standard Motor Products (SMP) delivered earnings and revenue surprises of 17.43% and 0.89%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?