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Zacks News
Will Tesla Take Over The Automotive World?
by Daniel Laboe
The latest Shanghai Gigafactory combined with the upcoming Berlin Gigafactory will provide Tesla with the global foothold it needs to take over the automotive world
Auto Stock Roundup: Ford-Volkswagen EV Deal, Toyota Fuel Cell JV in China & More
by Zacks Equity Research
While Ford (F) and Volkswagen (VWAGY) finalize their partnership to build EVs, vans and pickups, Toyota (TM) joins forces with five China-based firms to develop fuel cell vehicles.
Are Green Shoots of Recovery Emerging in China Auto Sales?
by Rimmi Singhi
Moody's expects auto sales in China to fall 10% year over year in 2020 but increase 2.5% in 2021.
Toyota Vows to Remain Profitable Amid Coronavirus Crisis
by Zacks Equity Research
In order to assist cash-strapped customers, Toyota (TM) is relaxing auto-loan payment deadlines and offering used rental cars instead of new ones.
ETFs to Buy as Tesla Tops Toyota & Still Has Room to Run
by Sanghamitra Saha
Wedbush Securities analyst Dan Ives said he thinks it still has "room to run further" even after the stock reached his base-case price target to $1,000 per share from $800.
Tesla Tops $1,000: ETFs to Ride High
by Sweta Killa
Investors seeking to tap Tesla's growth should buy ETFs having substantial allocation to this luxury carmaker.
Carmakers Step Up Production, Tesla Crosses Toyota Market Cap
by Ritujay Ghosh
Since restarting production on May 18, most carmakers have slowly been increasing output at their North American plants.
Telenav Augments Parking Solutions With Parkopedia Tie-Up
by Zacks Equity Research
Telenav (TNAV) teams up with Parkopedia to enhance hassle-free parking services through its much-acclaimed ICC platform and VIVID Commerce solution.
The Zacks Analyst Blog Highlights: Volkswagen, Toyota, Nissan and Honda
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Volkswagen, Toyota, Nissan and Honda
Electric Pickup Race is on: Is Nikola The Tesla of Trucking?
by Rimmi Singhi
The year 2021 is going to be the year for electric pickups and is likely to witness EV market revolution.
Japan Auto Sales in Free Fall: No Quick Recovery in Sight
by Rimmi Singhi
Outlook for new vehicle sales in Japan appears gloomy amid weak consumer sentiment and slowdown in economy.
Flying Taxis Set to Become Reality: 3 Stocks to Watch Out
by Zacks Equity Research
The world of personal and public transportation is undergoing massive change and flying taxis could become the next big thing.
Toyota (TM) Partners With Chinese Firms for Fuel-Cell Systems
by Zacks Equity Research
Toyota (TM) aims to supply fuel-cell systems for commercial vehicles in China as well as strengthen its ties with Chinese companies.
Auto Sales Recover in May: ETF & Stocks to Ride On
by Sweta Killa
After a dismal April, the U.S. auto industry showed signs of recovery in May.
U.S. Auto Sales Recover in May: Can Carmakers Bounce Back?
by Ritujay Ghosh
The jump in May was primarily because automotive firms embraced online sales and historically generous incentives to lure people into buying new vehicles.
May Auto Sales Reports Today; Toyota (TM) -25.7%
by Mark Vickery
The S&P 500 is now above the 200-day trading average, suggesting another possible breakout to the upside.
Economic Data Deluge
by Zacks Equity Research
Economic Data Deluge
Nissan (NSANY) Incurs Loss in FY19, Issues EV Ariya Update
by Zacks Equity Research
Nissan (NSANY) reports net loss of 671.2 billion yen in fiscal 2019, mainly due to the COVID-19 pandemic, which hurt the company's production, sales and other business activities in all regions.
Ford (F) Suspends Production in Kansas on Coronavirus Scare
by Zacks Equity Research
Ford (F) halts production at Kansas City assembly plant on the Transit Van side after a worker tests positive for COVID-19.
The Zacks Analyst Blog Highlights: Daimler AG, Tesla, Toyota, General Motors and Fiat Chrysler
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Daimler AG, Tesla, Toyota, General Motors and Fiat Chrysler
U.S. Auto Industry Engine Restarts: Testing Times Ahead
by Rimmi Singhi
Even with U.S. auto manufacturing plants back online, production and sales are unlikely to rebound anytime soon.
General Motors (GM) Shares Rally 9% on May 18: Here's Why
by Zacks Equity Research
General Motors (GM) reopens several U.S. factories that had been idled since mid-March due to the coronavirus outbreak.
Auto Stock Roundup: TM Beats on Q4 Earnings, HMC Incurs Loss & More
by Zacks Equity Research
Both Toyota (TM) and Honda (HMC) report dismal year-over-year results for fiscal fourth-quarter 2020, thanks to the coronavirus outbreak.
Can CARZ ETF Gain Despite Mixed Auto Earnings?
by Sweta Jaiswal, FRM
Let's take a look at the impact of the major automaker earnings releases on automobiles ETFs amid the coronavirus crisis.
Toyota (TM) Tops Q4 Earnings Estimates, Cautions on Road Ahead
by Zacks Equity Research
Toyota (TM) expects operating income to decline 79.5% year over year to 500 billion yen in fiscal 2021, which would mark the lowest profit in nine years.