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Zacks News
Coronavirus Crashes China Auto Market: Is There a Ray of Hope?
by Rimmi Singhi
CAAM expects the China auto industry to rebound to at least last year's levels in the second half of the year.
General Motors to Make 30K Ventilators to Combat Coronavirus
by Zacks Equity Research
General Motors (GM) will manufacture and supply the ventilators to the government by the end of August, with the first 6,132 ventilators to be delivered by Jun 1.
Company News for Apr 9, 2020
by Zacks Equity Research
Companies In The News Are: CAT, MRO, GM, RPM.
General Motors & Honda Collaborate for Development of Two EVs
by Zacks Equity Research
General Motors (GM) & Honda (HMC) to jointly develop two new electric vehicles for the latter, featuring the proprietary Ultium battery technology of the former.
New Strong Sell Stocks for April 8th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
Can 3D Printing Help in the Battle Against Coronavirus?
by Trina Mukherjee
Let's keep a watch on three stocks that are working toward bridging the medical equipment supply shortage gap with the help of 3D printing.
Will Layoffs, Furloughs Help Carmakers Survive Coronavirus?
by Ritujay Ghosh
The idea to go for pay cuts, layoffs and furloughs is to conserve cash as Tesla, Inc. (TSLA) and other car companies continue to bleed with halt in production and deliveries.
US Raw Steel Output Slumps as Demand Wanes on Coronavirus
by Anindya Barman
The U.S. steel industry is roiled by falling demand across major end-use markets amid the coronavirus pandemic.
Automakers Go Into Cash-Preserving Mode to Fight Coronavirus
by Rimmi Singhi
With coronavirus concerns dimming earnings and sales prospects, carmakers are resorting to cost-containment initiatives and drawing down their credit lines to preserve cash.
Carmakers Looking Beyond Extended Factory Closures
by Ritujay Ghosh
Many U.S. carmakers are now looking at resuming production in May after President Trump last week extended the guidelines aimed at containing the spread of the coronavirus till Apr 30.
Can 3M & Other Large Caps Fulfill Medical Gear Shortage?
by Ritujay Ghosh
A large number of businesses like 3M Company are responding to President Trump's request and ramping up production of masks, ventilators and other protective gear.
Q1 Auto Sales Hit by Coronavirus: ETF & Stocks in Focus
by Sweta Killa
The U.S. auto industry took a hit in the first quarter due to COVID-19 that forced people to stay home for the most of March, denting business of one of the nation's largest industries.
U.S. Vehicle Sales in Q1 Take Nasty Hit: Is More Pain Ahead?
by Rimmi Singhi
Owing to weak consumer confidence and substantial increase in unemployment, car sales are likely to further decline in the coming months.
Large Caps Switch to Medical Gear as Coronavirus Spreads
by Ritujay Ghosh
Companies like Apple, Inc. (AAPL), General Motors (GM), Ford Motor Company (F) and The Gap, Inc. (GPS) have taken to manufacturing face masks and ventilators keeping in mind the growing demand.
ETFs to Ride High on Tesla's Robust Q1 Delivery Numbers
by Sweta Killa
The solid deliveries data has put the spotlight on ETFs having substantial allocation to the luxury carmaker.
General Motors (GM) U.S. Sales Volume Down 7.1% Y/Y in Q1
by Zacks Equity Research
General Motors (GM) reports total unit sales of 618,335 in Q1, marking a decrease of 7.1%, year on year, amid the coronavirus crisis.
Steel Industry Calls for Infrastructure Boost Amid Coronavirus
by Anindya Barman
U.S. steel industry groups said that significant infrastructure investment will put more Americans back to work and drive commerce and supplies across the nation.
3 Must-Buy Stocks as Coronavirus Cases Spike (Revised)
by Zacks Equity Research
COVID-19 has increased the demand for ventilators and personal protective equipment, which can aid these three companies at large.
The Zacks Analyst Blog Highlights: General Motors, Tesla, Cardinal Health, ResMed and Medtronic
by Zacks Equity Research
The Zacks Analyst Blog Highlights: General Motors, Tesla, Cardinal Health, ResMed and Medtronic
Coronavirus Rampage Continues: 2020 Detroit Auto Show Nixed
by Rimmi Singhi
The Detroit show, officially known as the North American International Auto Show (NAIAS), is now set to be held in June 2021.
3 Must-Buy Stocks as Coronavirus Cases Spike
by Zacks Equity Research
COVID-19 has increased the demand for ventilators and personal protective equipment, which can aid these three companies at large.
Auto Stock Roundup: Coronavirus-Related Updates Spell Shakeout for the Sector
by Zacks Equity Research
Check out the actions taken by various carmakers in the wake of coronavirus crisis.
General Motors, Ventec Life Team Up to Fight Coronavirus Crisis
by Zacks Equity Research
General Motors (GM) will manufacture VOCSN critical-care ventilators at its Indiana manufacturing facility, including the FDA-cleared ventilators scheduled for shipment as early as next month.
Diverse Companies Join Forces to Fight Coronavirus Menace
by Payal Jalan
Nervousness related to the coronavirus outbreak is visible across the economies worldwide. Amid the pandemic, many corporates have come together to help contain the outbreak.
Ford (F) Unites With 3M & GE Healthcare to Combat Coronavirus
by Zacks Equity Research
Ford (F) will leverage its manufacturing and engineering resources to increase the production of medical equipment and materials for healthcare staff, first responders and COVID-19 patients.