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Zacks News
Auto Stock Roundup: CMI-NPROXX JV, GT-Lordstown Motors Alliance & More
by Zacks Equity Research
While Cummins (CMI) teams up with NPROXX for hydrogen storage tanks, Goodyear Tire (GT) and Lordstown Motors partner for tires and services.
Robotics Turns Indispensable as Coronavirus Tightens Grip: 5 Picks
by Ritujay Ghosh
From sanitizing hospitals, homes and workplaces to monitoring, surveying, handling and delivering food and medicines to patients, robots are coming to the aid of healthcare workers, thus lowering their risk of exposure.
US Auto Sector Braces for Upheaval on California's EV Target
by Rimmi Singhi
While there is much opposition by the industry groups for California's zero-emissions truck mandate, there are a number of automakers who have been taking the EV plans seriously.
2020 J.D. Power Quality Scorecard Out: Who Wins, Who Loses?
by Rimmi Singhi
While Dodge and Kia hold the top positions in the influential 2020 J.D. Power Quality Survey, Tesla takes the last spot.
Ford to Become Carbon Neutral by 2050, To Spend $11.5B in EVs
by Zacks Equity Research
Ford (F) will focus on three key sources that make up to 95% of its carbon dioxide emissions, including emissions from the vehicles it sells, emissions from its factories as well as suppliers.
Auto Stock Roundup: VWAGY-QuantumScape Deal, TSLA-Panasonic Pact & More
by Zacks Equity Research
While Volkswagen (VWAGY) pumps $200 million in QuantumScape to enhance the development of solid-state battery technology, Tesla (TSLA) inks a new battery supply deal with Panasonic.
Ford to Roll Out Hands-Free Monitoring in Mustang Mach-E
by Zacks Equity Research
Ford's (F) Active Drive Assist system will enable hands-free motoring on more than 100,000 miles of divided highways in the Unites States and Canada.
Should Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) Be on Your Investing Radar?
by Sweta Killa
Style Box ETF report for GSEW
EV Charging Space on a Roll: Plug in With Confidence
by Rimmi Singhi
The rapid rollout of hundreds of millions of public EV chargers across the world is likely to accelerate EV adoption by making the ownership experience more convenient.
Ford to Unveil Bronco SUV, Plans to Suspend Edge Production
by Zacks Equity Research
Ford's (F) suspension of the Edge SUV production might lead to the closing of the Ontario factory in Canada.
Auto Stock Roundup: Ford-Volkswagen EV Deal, Toyota Fuel Cell JV in China & More
by Zacks Equity Research
While Ford (F) and Volkswagen (VWAGY) finalize their partnership to build EVs, vans and pickups, Toyota (TM) joins forces with five China-based firms to develop fuel cell vehicles.
Ventilator Industry Pumps Up Amid Coronavirus: 3 Stocks in Focus
by Debanjana Dey
Amid the pandemic crisis, the ventilator industry gains on contributions from companies across various sectors.
Ford Partners With Volkswagen for EVs, Recalls 2.5M Vehicles
by Zacks Equity Research
Ford (F) plans to design and manufacture a medium-sized pick-up truck that will be sold by Volkswagen within its commercial vehicles line-up, Amarok, beginning in 2022.
Carmakers Step Up Production, Tesla Crosses Toyota Market Cap
by Ritujay Ghosh
Since restarting production on May 18, most carmakers have slowly been increasing output at their North American plants.
U.S. Steel Output Plunges as Utilization Sinks on Coronavirus
by Anindya Barman
The coronavirus-led demand slowdown has forced U.S. steel mills to idle operations and scale down production.
Telenav Augments Parking Solutions With Parkopedia Tie-Up
by Zacks Equity Research
Telenav (TNAV) teams up with Parkopedia to enhance hassle-free parking services through its much-acclaimed ICC platform and VIVID Commerce solution.
Electric Pickup Race is on: Is Nikola The Tesla of Trucking?
by Rimmi Singhi
The year 2021 is going to be the year for electric pickups and is likely to witness EV market revolution.
Auto Stock Roundup: Volkswagen's $2.3B Investment, Navistar's Q2 Results & More
by Zacks Equity Research
Volkswagen (VWAGY) is set to pump 2.1-billion euros in two China-based EV players. Meanwhile, Navistar (NAV) reports narrower-than-expected loss for second-quarter fiscal 2020.
Ford Motor (F) Catches Eye: Stock Jumps 11.7%
by Zacks Equity Research
Ford Motor (F) saw a big move last session, as its shares jumped nearly 12% on the day, amid huge volumes.
Yelp (YELP) Rallies 16% on Faster Economic Recovery Hopes
by Zacks Equity Research
Reopening of economic activities, along with a strong job data released by the labor department, raises investors' hopes for a faster-than-expected recovery in Yelp's (YELP) business.
Sabre (SABR) to Cut More Jobs Under Business-Realignment Plan
by Zacks Equity Research
Sabre (SABR) to lay off additional 800 workers as part of its major business-restructuring plan, which includes realignment of the airline and agency-focused businesses.
Auto Sales Recover in May: ETF & Stocks to Ride On
by Sweta Killa
After a dismal April, the U.S. auto industry showed signs of recovery in May.
Ford Restores Mustang Mach 1, Inks Battery Deal With BYD
by Zacks Equity Research
Ford's (F) China JV with Changan Automobile plans to roll out a hybrid car model with batteries built by the Chinese battery maker BYD Co Ltd.
Volkswagen to Pump $2.3B Into China EVs, Closes Argo AI Deal
by Zacks Equity Research
Volkswagen (VWAGY) is set to invest $2.3 billion in two China-based EV players. Further, it revs up AV drive by closing $2.6-billion investment in Argo AI.
U.S. Auto Sales Recover in May: Can Carmakers Bounce Back?
by Ritujay Ghosh
The jump in May was primarily because automotive firms embraced online sales and historically generous incentives to lure people into buying new vehicles.