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Zacks News
Tesla (TSLA) Q4 Earnings Miss, Delivery Guidance Unclear
by Zacks Equity Research
While Tesla (TSLA) manages to post profit for the sixth consecutive quarter, investors feel let down over the company's lower-than-expected earnings and vague delivery guidance for 2021.
5 Semiconductor Stocks to Buy as Supply Shortage Boosts Demand
by Ritujay Ghosh
Growing demand for microchips amid supply crunch has been helping companies like Micron Technology (MU) and Maxim Integrated Products (MXIM).
Stellar Model 3/Y Deliveries to Buoy Tesla's (TSLA) Q4 Earnings
by Zacks Equity Research
Tesla's (TSLA) model 3/Y deliveries total 161,650 units in Q4, rising 74.6% and 30% on a yearly and sequential basis, respectively.
Nissan (NSANY) to Make Battery in UK, Commits to Sunderland Plant
by Zacks Equity Research
The latest Brexit trade deal gives Nissan (NSANY) a competitive advantage in the U.K. and has made the company commit to the future of the Sunderland plant.
Ford (F) to Recall 3M Vehicles Over Takata Airbag Issue
by Zacks Equity Research
In addition to the 3M vehicles to be recalled over faulty Takata airbags, Ford (F) is also set to issue safety recalls for 286 vehicles over contaminated windshield washer fluid.
Ford (F) Battles Massive Semiconductor Supply Deficit in India
by Zacks Equity Research
Ford (F) India forecasts the global semiconductor shortage issue, impacting the entire automotive industry, to continue through, at least, the first half of 2021.
General Motors (GM) Unveils BrightDrop Unit, Flaunts Aerial Cars
by Zacks Equity Research
General Motors' (GM) launch of BrightDrop and the unveiling of the two futuristic e-vehicles takes the auto giant's e-mobility game a notch higher.
2020 US Auto Sales Slip to 1970s Level: ETFs, Stocks in Focus
by Sweta Killa
The U.S. auto industry witnessed the worst plunge in 2020 not seen since the 1970s.
Chip Shortage Unsettles Auto Market: 4 Semiconductor Picks
by Rimmi Singhi
Acute shortage of semiconductor chips in the auto market is prompting production cuts. The demand for semiconductor chips bodes well for industry players including NVDA, TSM, NXPI and MXIM.
Auto Stock Roundup: Takeaways From NIO Annual Day, New Logo of GM & More
by Rimmi Singhi
While NIO grabs eyeballs with major announcements on the annual day, General Motors (GM) unveils a new company logo, amplifying its renewed commitment toward electrification efforts.
NIO Annual Day Seems a Smasher: Should Tesla Take Note?
by Rimmi Singhi
NIO Annual Day was quite an event with major breakthrough announcements. But can the firm pose challenge to EV king Tesla as it steps up its electrification game? Read on to know more.
Group 1 (GPI) is Going Strong on the Bourses: Tempted to Cash Out?
by Zacks Equity Research
Group 1 (GPI) is currently trending at nearly 52-week high and appears to have more room to run. Thus, keeping the stock in your investment portfolio for the long haul will fare well.
UK 2020 Auto Sales Derail on Coronavirus Mayhem, '21 Prospects Dim
by Pooja Dhona
While the U.K. car industry paralyzed in 2020 thanks to the coronavirus mayhem, clarity over its relationship with the EU is the only ray of hope for 2021.
Sneak Peek Into 2020 U.S. Auto Sales and 2021 Outlook
by Rimmi Singhi
While the auto market is expected to recover at a steady pace in 2021, sales are not likely to rebound to 2019 levels until next year.
Fiat (FCAU)-PSA Merger Receives Go-Ahead From Shareholders
by Zacks Equity Research
Fiat's (FCAU) merger with PSA is in sync with its long-term strategy to team up with companies in order to grow scale and consolidate costs.
U.S. Auto Market 2020 Flashback and Looking Ahead to 2021
by Rimmi Singhi
Read on to relive the major stories and trends of the U.S. auto sector in 2020 that managed to grab headlines.
Batteries Serve as 'Secret Sauce' for EVs: 4 Stocks in Focus
by Rimmi Singhi
Widespread adoption of EVs will have a trickle-down effect in the supply chain, making battery-related stocks more attractive than ever. PCRFY, ENS, ALB and VALE are likely to cash in on the EV boom.
Is Toyota Motor Corp. (TM) a Good Value Investor Stock Now?
by Zacks Equity Research
Let's see if Toyota Motor Corp. (TM) stock is a good choice for value-oriented investors right now from multiple angles.
3 Lithium Stocks to Power Your Portfolio in 2021
by Rimmi Singhi
The lithium market shines brighter than ever, thanks to the EV boom. With all automakers revving up their electrification goals, key lithium players like ALB, LAC and PLL seem promising bets.
Honda (HMC) Recalls 1.4M Vehicles in U.S. Over Multiple Defects
by Zacks Equity Research
Honda (HMC) recalls millions of vehicles in the United States due to problems ranging from software defects to faulty drive shafts.
D. R. Horton, Express, Tesla, General Motors and Toyota Motor highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
D. R. Horton, Express, Tesla, General Motors and Toyota Motor highlighted as Zacks Bull and Bear of the Day
Auto Stock Roundup: AZO & THO Q1 Earnings, TSLA & NIO Stock Offerings
by Rimmi Singhi
AutoZone (AZO) and Thor Industries (THO) report impressive quarterly results. Meanwhile, Tesla (TSLA) and NIO raise capital via equity financing to cash in on share price gains amid the EV hype.
TM, HMC & Others to Watch as Japan Revs Up EV Goals
by Zacks Equity Research
With its latest plan to eliminate gasoline-powered vehicles by 2035, Japan aims to match pace with the global trend of becoming 100% electric.
3 Electric Vehicle Stocks That Could Keep Gaining Into 2021
by Tirthankar Chakraborty
With EV sales expected to surge in the New Year, auto manufacturers like Tesla (TSLA), General Motors (GM) and Toyota Motor (TM) are poised to gain.
Toyota (TM) in Focus: Stock Moves 5.5% Higher
by Zacks Equity Research
Toyota (TM) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.