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Zacks News
General Motors (GM) Faces $146M Fine for Excess Emission
by Zacks Equity Research
General Motors (GM) is set to pay a fine of $146 million to the federal government as its older vehicles fail to meet emissions and fuel economy standards.
Stellantis (STLA) Q2 US Sales Fall Despite Strategic Shifts
by Zacks Equity Research
Stellantis' (STLA) second-quarter U.S. sales decline 21% due to lower year-over-year sales across Jeep, Ram, Chrysler and Dodge brands.
General Motors (GM) Q2 US Deliveries Rise on Strong EV Sales
by Zacks Equity Research
General Motors' (GM) second-quarter U.S. sales rise 0.6% year over year due to high full-size pickup trucks and EV sales.
Group 1 (GPI) Acquires 4 Mercedes-Benz Dealerships in the UK
by Zacks Equity Research
Group 1 (GPI) acquires four Mercedes-Benz dealerships in Hertfordshire to expand its operation in the United Kingdom.
Polestar (PSNY) Reports FY23 Results, Revenues Down 3% Y/Y
by Zacks Equity Research
Polestar's (PSNY) revenues in 2023 decline 3%, mainly due to increased discounts and lesser carbon credit sales.
Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network
by Zacks Equity Research
Workhorse (WKHS) joins hands with Eco Auto, located in Tewksbury, MA, to expand its Certified Dealer Network.
Are Auto-Tires-Trucks Stocks Lagging Blue Bird (BLBD) This Year?
by Zacks Equity Research
Here is how Blue Bird (BLBD) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
EU Levies Up to 38% Tariffs on China EVs, Trade Tensions Rise
by Rimmi Singhi
In an escalating trade dispute, the EU imposes up to 38% additional tariffs on Chinese EVs, raising fears of retaliatory tariffs from China.
Toyota's (TM) Hydrogen Fuel Cell Hilux Moves to Final Phase
by Zacks Equity Research
Toyota's (TM) hydrogen fuel cell Hilux project moves into the final demonstration phase.
NIO Q1 Earnings Miss Expectations, Revenues Decline Y/Y
by Zacks Equity Research
NIO reports lower-than-expected first-quarter results and expects second-quarter deliveries in the range of 54,000-56,000 vehicles, implying a rise of 129.6-138.1% year over year.
Toyota (TM) Invests $282M to Expand Production in Alabama
by Zacks Equity Research
Toyota (TM) invests $282 million in the Huntsville plant in Alabama to expand its production capacity.
Thor (THO) Q3 Earnings Beat Estimates, Guidance Revised
by Zacks Equity Research
Thor (THO) reports better-than-expected fiscal third-quarter results and expects full-year 2024 net sales in the range of $9.8-$10.1 billion, down from the previous guidance of $10-$10.5 billion.
Is Blue Bird (BLBD) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
by Zacks Equity Research
Here is how Blue Bird (BLBD) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
Westport (WPRT) & Volvo Launch JV to Boost HPDI Adoption
by Zacks Equity Research
Westport (WPRT) and Volvo launch JV to expedite the commercialization and global adoption of WPRT's HPDI fuel system technology.
Tesla (TSLA) Recalls 125K Vehicles to Fix Warning System
by Zacks Equity Research
Tesla (TSLA) recalls more than 125,000 vehicles over a software issue with a seat belt warning system.
Tesla (TSLA) to Register FSD Software With Authorities in China
by Zacks Equity Research
Tesla (TSLA) braces up to register its FSD software with authorities in China to inch closer to its target of launching the technologically advanced feature this year.
NIO Continues to Expand in Europe Despite Tariff Challenges
by Zacks Equity Research
NIO continues to expand in Europe despite regulatory and higher tariff threats from the European Union.
Here's Why You Should Retain Westport (WPRT) Stock for Now
by Zacks Equity Research
Westport (WPRT) is poised to gain from HPDI fuel system technology and Euro 6 and Euro 7 LPG programs amid delayed production in China and strong competition.
Shyft (SHYF) Signs Contract With Amerit to Expand EV Support
by Zacks Equity Research
Shyft (SHYF) signs a deal with Amerit Fleet Solutions to provide round-the-clock support & maintenance services for Blue Arc EV trucks throughout the United States.
Toyota (TM) to Make $531M Investment in Texas Truck Plant
by Zacks Equity Research
Toyota (TM) plans to invest $531 million in its truck manufacturing plant in Texas to improve the production of vehicle components.
General Motors (GM) & LG to Create $150M Fund for Bolt Owners
by Zacks Equity Research
General Motors (GM) and LG agree to create a $150 million fund to compensate Chevrolet Bolt EV owners affected by faulty batteries.
Polestar (PSNY) Faces Delisting Risk on Delayed Annual Filing
by Zacks Equity Research
Polestar (PSNY) faces the risk of getting delisted from Nasdaq due to its inability to meet annual & quarterly report filing deadlines.
Is Dorman Products (DORM) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
by Zacks Equity Research
Here is how Dorman Products (DORM) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
XPeng (XPEV) Aims to Begin Deliveries of Flying Car in 2026
by Zacks Equity Research
XPeng (XPEV) plans to begin the deliveries of its first flying car, which is currently under a certification process, in 2026.
Westport's (WPRT) Shares Rise 5.9% Since Q1 Earnings Miss
by Zacks Equity Research
Westport (WPRT) reports lower-than-expected first-quarter results. Revenues decline year over year.