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Zacks News
SiriusXM (SIRI) Inks Extension Agreement With General Motors
by Zacks Equity Research
SiriusXM (SIRI) expands long-term pact with General Motors for Chevrolet, Buick, GMC and Cadillac vehicles beginning with the 2021 model year including SirusXM with 360L.
General Motors (GM) Extends Deal With SiriusXM Till 2027
by Zacks Equity Research
General Motors' (GM) extension of deal with SiriusXM is a classic example of the company being at the forefront in delivering premium technology to its customers.
4 Stocks to Park in Your Portfolio to Benefit From EV Boom
by Rimmi Singhi
Green vehicles are striking the right chord with investors. Below we have highlighted four stocks from the auto space that should be on your radar to reap profits from the EV revolution.
Will PACCAR's Focus on Electrification Help Counter Headwinds?
by Zacks Equity Research
PACCAR's (PCAR) focus on development of electric and autonomous trucks, along with its solid financials, will help the company weather the short-term headwinds.
Tesla Gets Rejected in S&P 500 Reshuffle, Shares Plummet
by Zacks Equity Research
In a sharp reversal of its recent hot streak, Tesla's (TSLA) shares tank around 20% after missing out on a place in the S&P 500 Index.
Auto Stock Roundup: GM-HMC Alliance, TSLA's $5B Capital Increase Plans & More
by Rimmi Singhi
While General Motors (GM) and Honda (HMC) collaborate to develop future vehicles in North America, Tesla (TSLA) plans to raise $5 billion via equity financing.
Honda and General Motors Ink Strategic Deal in North America
by Zacks Equity Research
The collaboration between Honda (HMC) and General Motors (GM) is set to result in substantial cost efficiency and superior vehicle development.
Ford to Cut 1,400 US White-Collar Jobs via Voluntary Buyouts
by Zacks Equity Research
Ford's (F) move to reduce the workforce reflects its efforts to cut costs as part of the $11 billion global restructuring program.
Westport Fuel Systems Gets Core Electronics Supply Contract
by Zacks Equity Research
Westport Fuel Systems' (WPRT) new supply contract win confirms the company's ability to provide clean transportation by reducing carbon emissions.
Here's Why BorgWarner is Well Poised for Long-Term Growth
by Zacks Equity Research
BorgWarner's (BWA) long-term appeal is strong due to the planned Delphi buyout, growing electrification efforts, solid opportunities in the turbocharger business and robust financials.
Daimler to Deliver 1,800 Electric Mercedes Vans to Amazon
by Zacks Equity Research
Daimler's (DDAIF) Mercedes Benz joins Amazon in its Climate Pledge in an effort to make the auto space carbon free.
Auto Stock Roundup: HMC's Takata Settlement, F & FCAU's Issuance of Recalls and More
by Rimmi Singhi
While Honda (HMC) reaches $85-million settlement over the Takata airbag scandal, Ford (F) and Fiat Chrysler (FCAU) issue recall for 528 and 132K vehicles, respectively.
Honda to Pay $85M Settlement Over Takata Airbag Scandal
by Zacks Equity Research
Honda (HMC) is set to replace remaining defective airbags in its vehicles and upgrade airbag safety procedures to minimize the risk of rupture, per the latest settlement.
The Zacks Analyst Blog Highlights: MGM, Wynn Resorts, Apple, PayPal and Ford
by Zacks Equity Research
The Zacks Analyst Blog Highlights: MGM, Wynn Resorts, Apple, PayPal and Ford
3 Robinhood Stocks Investors Will Love Right Now
by Tirthankar Chakraborty
It's not easy to buy stocks trading on the Robinhood platform. However, here're three Robinhood darlings that stand out -
Optimism Surrounds Domestic Auto Industry Despite Challenges
by Rimmi Singhi
The reopening of economy, gradual increase in vehicle demand, focus on innovation, EV development and cost-containment efforts are inducing optimism in the industry.
Auto Biggies Sidestep Trump, Seal Emissions Deal With CARB
by Rimmi Singhi
The voluntary pact among five major automakers and CARB is made enforceable. Per the deal, the firms are set to comply with tough emission rules, outstripping Trump's weaker curbs on tailpipe pollution.
General Motors (GM) Jumps: Stock Rises 7.7%
by Zacks Equity Research
General Motors (GM) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
Will CARZ ETF Gain Despite Mixed Auto Earnings?
by Sweta Jaiswal, FRM
Let's take a look at the impact of major automakers' earnings releases on automobile ETFs amid the coronavirus crisis.
Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO's Q2 Show & More
by Rimmi Singhi
Tesla (TSLA) announces a 5-for-1 stock split, NIO comes up with stunning second-quarter results and Ford (F) issues three safety recalls in North America for multiple defects.
Volkswagen (VWAGY) to Expand Chattanooga Plant, Develop EVs
by Zacks Equity Research
Volkswagen's (VWAGY) Chattanooga plant will now feature the new voltage laboratory designed to develop and test EV cells and battery packs for upcoming models assembled in the United States.
Ford (F) Recalls 562,638 Vehicles Over Multiple Defects
by Zacks Equity Research
Ford (F) issues three safety recalls in North America over braking, coil spring and connectivity issues.
Tesla ETFs Set to Soar Further on 5-for-1 Stock Split
by Sweta Killa
After reporting the longest streak of profitability in the company's history, the electric carmaker raised optimism by announcing a 5-for-1 stock split.
Factors to Decide the Fate of Strattec (STRT) in Q4 Earnings
by Zacks Equity Research
Low sales amid reduction of production schedules and closure of factories might adversely impact Strattec Security's (STRT) fiscal Q4 results. Cost-cut efforts are likely to have offered some respite.
Earnings Data Deluge This Week
by Zacks Equity Research
Earnings Data Deluge This Week.