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Zacks News
A Glimpse Into Toyota (TM) & Honda's (HMC) US Sales in Q1
by Zacks Equity Research
While Toyota's (TM) Q1 US vehicle sales drop 8.8% y/y to 469,558 vehicles, Honda's (HMC) sales rises 6.8% to 284,507 vehicles.
Auto Roundup: WGO to Acquire Lithionics, F Signs Nickel Deal & More
by Rimmi Singhi
Amid an accelerated e-mobility revolution, Winnebago (WGO) is set to buy Lithionics to power its electric RV offerings. Ford (F) invests in a nickel project in Indonesia to ensure steady supply of the metal.
Honda (HMC) Recalls Nearly 330,000 Vehicles Over Safety Issues
by Zacks Equity Research
The vehicle recall by Honda (HMC) covers the 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.
Auto Roundup: LAD Expands UK Presence, WPRT Incurs Q4 Loss & More
by Rimmi Singhi
While Lithia's (LAD) buyout of Jardine bolsters its opportunities in the U.K. market, Westport (WPRT) posts disappointing Q4 results with a wider-than-expected loss.
Honda (HMC) Recalls Nearly 500,000 Vehicles Over Safety Issue
by Zacks Equity Research
Honda (HMC) calls back nearly half a million vehicles in the United States and Canada over a front seat belt latching issue.
The Zacks Analyst Blog Highlights Toyota, Honda BorgWarner, O'Reilly Automotive and Cummins
by Zacks Equity Research
Toyota, Honda, BorgWarner, O'Reilly Automotive and Cummins are part of the Zacks top Analyst Blog.
Auto Roundup: Earnings Releases of TM, HMC, ORLY, CMI & BWA in Focus
by Rimmi Singhi
While Honda (HMC), Toyota (TM), O'Reilly (ORLY), BorgWarner (BWA) surpass earnings estimates in their latest quarterly release, Cummins (CMI) fails to pull off a surprise.
Honda (HMC) Q3 Earnings Beat Estimates, Increase 3% Y/Y
by Zacks Equity Research
For fiscal 2023, Honda (HMC) forecasts revenues of 17.25 trillion yen, indicating an uptick of 18.5% year over year.
The Zacks Analyst Blog Highlights Tesla, Honda, Canoo, Nikola and Blink Charging
by Zacks Equity Research
Tesla, Honda, Canoo, Nikola and Blink Charging are included in this Analyst Blog.
EV Roundup: TSLA Q4 Earnings, HMC E-Mobility Business Unit & More
by Rimmi Singhi
Tesla (TSLA) manages to pull off the eighth consecutive earnings beat in Q422. Meanwhile, Honda (HMC) announces structural changes to ramp up the electrification business.
EVs Make a Splash at the 2023 NACTOY Awards
by Rimmi Singhi
Two of the three NACTOY 2023 winners were EV models. F-150 Lightning Pro, KIA EV6 and Acura Integra take home the honors in the truck, utility vehicle and car categories, respectively.
Auto Roundup: Diving Into the 2022 US Sales Reports of GM, F, TM and HMC
by Rimmi Singhi
While General Motors (GM) grabs the U.S. auto sales crown in 2022, Toyota (TM) and Ford (F) come second and third, respectively. Honda (HMC) sells less than a million vehicles in the United States last year.
2022 U.S. Auto Sales Fall to a Decade Low
by Rimmi Singhi
Severe supply chain snarls and tight inventories drag down U.S. light vehicle sales in 2022 to a decade low. Will the supply crunch morph into a demand slowdown in 2023?
The Zacks Analyst Blog Highlights General Motors, Ford, Stellantis, Honda and Tesla
by Zacks Equity Research
General Motors, Ford, Stellantis, Honda and Tesla are included in this Analyst Blog.
Looking Back at the Top Auto Stories of 2022
by Rimmi Singhi
As we flip the calendar, here's a recap of the key stories and trends that made the biggest ripples in the auto industry this year.
Auto Roundup: HMC Misses on Q2 Earnings, Cummins Invests in Exergy & More
by Rimmi Singhi
Honda (HMC) fiscal second-quarter 2023 earnings miss estimates and fall year over year. Cummins (CMI) acquires a minority stake in Exergy Energy for grid programs.
Honda (HMC) Q2 Earnings Miss, FY23 Sales & Profit View Up
by Zacks Equity Research
For fiscal 2023, Honda (HMC) forecasts sales and operating profit of 17.4 trillion yen and at 870 billion yen, up from the prior guidance of 16.75 trillion yen and 830 billion yen, respectively.
The Zacks Analyst Blog Highlights Honda, Stellantis, Allison Transmission, Ford and General Motors
by Zacks Equity Research
Honda, Stellantis, Allison Transmission, Ford and General Motors are included in this Analyst Blog.
Auto Roundup: Slew of Updates From GM & STLA Grab Most Attention
by Rimmi Singhi
Stellantis (STLA) and General Motors (GM) make key announcements, which demonstrate their commitment to accelerate electrified and sustainable mobility in the coming years.
Honda (HMC) Selects Ohio for Its $4.4B JV Battery Plant
by Zacks Equity Research
Honda (HMC) chooses Fayette County, OH, to build its multibillion-dollar plant in a JV with LG Energy to make batteries for EVs.
The Zacks Analyst Blog Highlights Toyota, Honda, Stellantis, General Motors and Ford
by Zacks Equity Research
Toyota, Honda, Stellantis, General Motors and Ford are included in this Analyst Blog.
Auto Biggies End Q3 on a Mixed Note, Q4 Prospects Gloomy
by Rimmi Singhi
While GM and F report a year-over-year increase in Q3 U.S. vehicle sales, TM, HMC and STLA witness declines. The outlook for the rest of 2022 is getting increasingly cloudy amid growing economic concerns.
The Zacks Analyst Blog Highlights Honda, Stellantis, Rivian, Mercedes-Benz-Group and NIO
by Zacks Equity Research
Honda, Stellantis, Rivian, Mercedes-Benz-Group and NIO are included in this Analyst Blog.
EV Roundup: HMC's Electrification Strides, NIO's Q2 Loss & More
by Rimmi Singhi
While Honda (HMC) revs up its e-mobility game by collaborating with Hanwa for the procurement of EV batteries, NIO incurs a loss of 25 cents per ADS in Q2, despite improved deliveries.
Auto Roundup: Big EV Battery Bets by HMC and TM Draw Most Attention
by Rimmi Singhi
While Honda (HMC) and LG Energy announce a $4.4 billion investment in a U.S. EV battery plant. Toyota (TM) is set to invest another $2.5 billion in its TBMNC facility.