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Zacks News
Nissan (NSANY) to Sell Fully Electric Cars in Europe by 2030
by Zacks Equity Research
Nissan (NSANY) expedites efforts to turn its entire European line-up electric by 2030.
Ford (F) Suspends $3.5B Michigan Battery Plant's Production
by Zacks Equity Research
Ford (F) halts production at its $3.5-billion battery facility in Michigan amid the UAW strike.
NIO Releases Android Smartphone in the $900-$1,000 Price Range
by Zacks Equity Research
NIO launches a smartphone in the price range of $900-$1,000 and expects at least half of its users to purchase it.
Autoliv (ALV) Partners With GWM to Enhance Safety & Experience
by Zacks Equity Research
Autoliv (ALV) gets together with Great Wall Motor to improve safety solutions and redefine the driving experience.
Is Tesla (TSLA) Contemplating a Battery Storage Plant in India?
by Zacks Equity Research
Per media sources, Tesla (TSLA) is planning to manufacture and sell battery storage systems in India and is seeking incentives to build a plant.
Cazoo (CZOO) Seeks Financial Revival Via Debt Restructuring
by Zacks Equity Research
Cazoo (CZOO) enters a restructuring deal, which entails the cancellation of $630 million of convertible notes in exchange for $200 million of new senior secured debt and new equity.
General Motors' (GM) Ontario Plant Halts BrightDrop Production
by Zacks Equity Research
General Motors' (GM) Ontario plant suspends the production of BrightDrop commercial vans from October until spring due to a delay in the delivery of battery-module.
Lithia (LAD) Partners With Pinewood, Buys Pendragon's Divisions
by Zacks Equity Research
Lithia (LAD) joins forces with Pinewood Technologies and purchases the U.K. motor and fleet management divisions of Pendragon plc.
AutoZone (AZO) Q4 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
AutoZone (AZO) opens 53 new stores in the United States, 27 in Mexico and 17 in Brazil in the fourth quarter of 2023.
BYD (BYDDY) Produces 500,000 Yuan Plus EVs, Adds Color Options
by Zacks Equity Research
BYD (BYDDY) reaches a milestone by producing 500,000 Yuan Plus EVs. It adds Oxygen Blue and Dynamic Purple color options.
Copart (CPRT) Q4 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
Copart (CPRT) reports fourth-quarter service revenues, accounting for 83.6% of the total revenues, of $834.2 million, outpacing our estimate of $784.8 million.
Tesla (TSLA) to Make $15B Investment in Mexican Gigafactory (Revised)
by Zacks Equity Research
Per the state governor, Tesla (TSLA) and its suppliers will invest $15 billion in a Gigafactory over the next two years. The investment is thrice the amount previously announced by the officials.
The Zacks Analyst Blog Highlights Tesla, Oshkosh and Gentex
by Zacks Equity Research
Tesla, Oshkosh and Gentex are included in this Analyst Blog.
Tesla (TSLA) & Suppliers to Invest $15B in Giga Mexico: Governor
by Zacks Equity Research
Per the state governor, Tesla (TSLA) and its suppliers will invest $15 billion in a Gigafactory over the next two years. The investment is thrice the amount previously announced by the officials.
Ford (F) 2024 F-150 to Include 5G, Hybrid Option to Cost Same
by Zacks Equity Research
Ford (F) intends to add an optional heads-up display and a built-in 5G modem to its 2024 F-150 truck lineup. The hybrid powertrain option will now cost the same as the 5L engine option.
EVGO Receives First Shipment of BABA-Compliant Chargers
by Zacks Equity Research
EVGO receives the first-ever delivery of 350kW fast chargers, manufactured as per BABA standards, from Delta Electronics.
CVGI vs. GNTX: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
CVGI vs. GNTX: Which Stock Is the Better Value Option?
BMW (BMWYY) Invests $750M in U.K. Plant to Build Electric Mini
by Zacks Equity Research
BMW (BMWYY) to invest $750 million in a U.K. facility to make its Mini brand all-electric by 2030.
Asbury (ABG) to Buy Jim Koons to Expand in Mid-Atlantic Region
by Zacks Equity Research
Asbury (ABG) signs a deal to acquire Jim Koons Automotive for $1.2 billion to expand its presence in the Mid-Atlantic region.
Allison (ALSN) Receives US Army's M10 Booker Contract
by Zacks Equity Research
Allison (ALSN) gets a contract from the U.S. Army worth nearly $13 million for the production of the M10 Booker Combat Vehicle.
Cummins (CMI), PACCAR (PCAR) and Daimler Form a Battery JV
by Zacks Equity Research
Cummins (CMI), PACCAR (PCAR) and Daimler collaborate for battery cell production in the United States.
Volkswagen (VWAGY) Plans to Launch 11 New Electric Cars by 2027
by Zacks Equity Research
Volkswagen (VWAGY) unveils a few new concept EVs to challenge Tesla amid growing price competition.
Hesai (HSAI) & Webasto Join Forces for Lidar Integration
by Zacks Equity Research
The collaboration between Hesai (HSAI) and Webasto marks a significant step forward in the integration of lidar technology in ADAS.
Volkswagen (VWAGY) in Talks With Mahindra for MEB Platform
by Zacks Equity Research
Volkswagen (VWAGY) advances talk with Mahindra as the Indian automaker plans to use its central MEB components.
Tesla (TSLA) Cuts Model S/X Prices, Unveils Model 3 Refresh
by Zacks Equity Research
Tesla (TSLA) slashes the prices of Model S and X by 15%-19% in the U.S. market on all trims and unleashes the Model 3 refresh with a lot of improvements.