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Zacks News
LKQ (LKQ) Q3 Earnings Top Estimates
by Zacks Equity Research
LKQ (LKQ) delivered earnings and revenue surprises of 1.15% and 1.33%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
These 2 Auto Replacement Parts Stocks Are Worth Watching Now
by Rimmi Singhi
With the Zacks Automotive- Replacement Parts industry currently placed in the top 26% of around 250 Zacks industries, stocks like DORM and SMP are worth considering.
Is Byd Co. (BYDDY) Outperforming Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Here is how Byd Co., Ltd. (BYDDY) and Dorman Products (DORM) have performed compared to their sector so far this year.
Volvo Achieves Milestone in EX30 Production Amid Rising Demand
by Zacks Equity Research
VLVLY hits a major milestone with the production of its 100,000th EX30 amid rising demand for the budget-friendly electric SUV.
General Motors to Pay $1.5M Penalty for Failing a Crash Disclosure
by Zacks Equity Research
GM agrees to pay a $1.5 million fine after failing to fully report a crash involving a pedestrian.
Wabash Inks Deal With Steel Dynamics to Source Key Steel Components
by Zacks Equity Research
WNC enters into a 10-year strategic agreement with Steel Dynamics to secure a steady supply of key steel components for its transportation solutions portfolio.
CarMax Q2 Earnings Miss Expectations, Revenues Decline Y/Y
by Zacks Equity Research
KMX fiscal second-quarter earnings miss the Zacks Consensus Estimate while revenues beat the same.
Thor Q4 Earnings Surpass Expectations, Revenues Decline Y/Y
by Zacks Equity Research
THO reports better-than-expected results for Q4 fiscal 2024 and expects its fiscal 2025 consolidated net sales in the range of $9-$9.8 billion.
AutoZone Q4 Earnings Miss Expectations, Sales Increase Y/Y
by Zacks Equity Research
AZO's fourth-quarter fiscal 2024 earnings miss the Zacks Consensus Estimate while revenues beat the same.
REE Appoints Roush as the US Contract Manufacturer for P7
by Zacks Equity Research
REE chooses Roush to assemble its P7 vehicles at Roush's Detroit-area facility to optimize production and speed up time to market.
THOR & Harbinger Introduce World's First Hybrid Class A Motorhome
by Zacks Equity Research
THO partners with Harbinger to bring the world's first hybrid Class A motorhome, the THOR Test Vehicle, to market in 2025.
ChargePoint Gets $19M Funding to Install Fast Charging Ports
by Zacks Equity Research
CHPT receives more than $19 million from NEVI program funds to deploy 248 DC fast charging ports at 45 locations along California highways.
Here's Why You Should Retain Allison Stock in Your Portfolio Now
by Zacks Equity Research
ALSN is poised to benefit from rising global defense budgets and continued innovation in product development amid high R&D and labor costs.
General Motors to Add 17,800 Tesla Superchargers to Its Network
by Zacks Equity Research
GM's EV drivers are set to gain access to more than 17,800 Tesla Superchargers using a GM-approved NACS DC adapter.
Blink to Reduce Headcount by 14% to Improve Operational Efficiency
by Zacks Equity Research
BLNK is set to reduce its global workforce by 14% to enhance operational efficiency by optimizing company functions.
Are Auto-Tires-Trucks Stocks Lagging Byd Co. (BYDDY) This Year?
by Zacks Equity Research
Here is how Byd Co., Ltd. (BYDDY) and Dorman Products (DORM) have performed compared to their sector so far this year.
REE Announces Strategic Agreement With Motherson, Raises $45M
by Zacks Equity Research
REE enters into a strategic agreement with Motherson and secures deals with M&G Investments, Motherson and Varana Capital to raise $45.35 million.
Hyzon Commences Production of Class 8 200kW Fuel Cell Electric Truck
by Zacks Equity Research
HYZN begins the production of its advanced Class 8 200kW FCET that enables fleet operators to cut emissions without compromising power, range, or reliability.
Nissan to Cut Rogue & Frontier Production to Reduce Inventory
by Zacks Equity Research
NSANY is set to slash production of the Rogue and Frontier by up to 40,000 units in September and October to address inventory and oversupply issues.
General Motors & EVgo to Install 400 Fast Charging Stations Across US
by Zacks Equity Research
GM & EVgo deepen ties to install 400 fast charging stations in major U.S. cities to meet the growing need for reliable EV charging infrastructure.
The Zacks Analyst Blog Blue Bird, BYD Co and Dorman
by Zacks Equity Research
Blog Blue Bird, BYD Co and Dorman are included in this Analyst Blog.
General Motors Signs MoU With Hyundai to Optimize Cost & Efficiency
by Zacks Equity Research
GM & Hyundai sign MoU to explore future collaboration in several strategic areas to cut costs and improve efficiency.
Brokers Bullish on These 3 Auto Stocks: Is There Still Time to Buy?
by Rimmi Singhi
Given their robust financial outlooks and strong broker endorsements, BYDDY, BLBD, and DORM present compelling investment opportunities now.
Allison Partners With Cummins on Low-Emission Hybrid Transit Solution
by Zacks Equity Research
ALSN collaborates with Cummins to integrate and certify a Cummins B-Series engine with its eGen Flex electric hybrid propulsion system for the transit market.
Copart's Shares Plunge 10% in 6 Months: More Downside Ahead?
by Zacks Equity Research
CPRT's rising operating expenses, coupled with higher capital spending and downward EPS estimate revisions for fiscal 2025, cast doubt on its prospects.