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Zacks News
Lear (LEA) Moves 6.4% Higher: Will This Strength Last?
by Zacks Equity Research
Lear (LEA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Visteon (VC) Lags Q4 Earnings Estimates
by Zacks Equity Research
Visteon (VC) delivered earnings and revenue surprises of -10.20% and 11.42%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Earnings Preview: Visteon (VC) Q4 Earnings Expected to Decline
by Zacks Equity Research
Visteon (VC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Strattec Security (STRT) Reports Q2 Loss, Lags Revenue Estimates
by Zacks Equity Research
Strattec Security (STRT) delivered earnings and revenue surprises of -1,040% and 6.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Visteon (VC) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Visteon (VC) delivered earnings and revenue surprises of 28.46% and 27.02%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Nikola (NKLA) Extends Romeo Exchange Offer, Recalls All E-Trucks
by Zacks Equity Research
Nikola (NKLA) announces extending the exchange offer to buy outstanding shares of Romeo's common stock. The truck maker will recall all the 93 electric Tre trucks built to date over seat belt glitch.
Volkswagen (VWAGY), Umicore JV to Boost EV Batteries in Europe
by Zacks Equity Research
Volkswagen's (VWAGY) battery business, PowerCo, forms a JV with Umicore for domestic and closed-loop supply chains in Europe for cathode material production.
Ford (F) Sets Up Independent Subsidiary for China EV Business
by Zacks Equity Research
Ford (F) sets up an exclusive EV-dedicated subsidiary, FMeT, to carry forward its China electrification business. It will have R&D-focused units for electrification, digital experience and ADAS.
Ford (F) Requests Fresh Trial for 2014-Rollover Accident Case
by Zacks Equity Research
Ford (F) asks for a fresh trial for the 2014 truck rollover accident case that caused two fatalities, following the jury's verdict against the company.
NIO Buys Stake in Greenwing to Secure Lithium for Batteries
by Zacks Equity Research
NIO's investment of $12 million in Greenwing Resources gives it a 12.6% stake in the company. The deal will help NIO to access the lithium needed to bolster its battery development efforts.
Ford (F) Starts Constructing Blue Oval Mega Campus in Tennessee
by Zacks Equity Research
Ford (F) starts contruction of the Blue Oval City to prod its EV journey and realize its production goal of 2 million EVs by '25.
General Motors (GM) Partners Lithion & Toledo to Spur EV Game
by Zacks Equity Research
General Motors (GM) announces strategic investment in Lithion and Toledo Systems to strengthen its position in the EV domain. It will bring it closer to its goal of producing 1 million EVs by 2025.
Visteon (VC) Q2 Earnings and Revenues Top Estimates
by Zacks Equity Research
Visteon (VC) delivered earnings and revenue surprises of 148.15% and 18.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Earnings Preview: American Axle & Manufacturing (AXL) Q2 Earnings Expected to Decline
by Zacks Equity Research
American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Visteon (VC) Q1 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Visteon (VC) delivered earnings and revenue surprises of 49.32% and 13.40%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Wabash National (WNC) Tops Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Wabash (WNC) delivered earnings and revenue surprises of 140% and 14.39%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Visteon (VC) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
Visteon (VC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rivian (RIVN) Expects EV Battery Shortage to Eclipse Chip Crisis
by Zacks Equity Research
Rivian (RIVN) expects its 2022 capacity to be adversely impacted by a deficiency in EV batteries.
BorgWarner (BWA) Wins $4.09M US DOE Award for DC Fast Charger
by Zacks Equity Research
BorgWarner (BWA) is presented with the U.S. Department of Energy Award of $4.09 million for the manufacture of an economical DC fast charger to enhance EV charging.
Tesla (TSLA) Recalls 600K Cars, Resumes Operations at Giga 3
by Zacks Equity Research
Tesla (TSLA) issues recall covering 600K vehicles over a glitch in the Boombox feature. Meanwhile, it restarts production in the Shanghai plant today after a 3-week hiatus.
Allison's (ALSN) Defense Network Expansion to Reduce Costs
by Zacks Equity Research
Allison's (ALSN) plans to broaden its ONA Defense Service Network will cut costs, lower vehicle downtime and rope in local services to offer efficient propulsion systems for tracked defense vehicles.
American Axle (AXL) Inks Deal to Buy Tekfor, Drive EV Growth
by Zacks Equity Research
American Axle (AXL) is set to take over the German company, Tekfor, to expand its electrification footprint and portfolio.
Honda (HMC) Pledges $63B Investment for Bold EV Efforts
by Zacks Equity Research
Honda (HMC) lays out detailed EV initiatives with an investment of $63 billion over the next 10 years. It aims to launch 30 EVs globally to contribute to carbon neutrality.
Visteon (VC) Q4 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Visteon (VC) delivered earnings and revenue surprises of 1,436.36% and 21.42%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Visteon (VC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
by Zacks Equity Research
Visteon (VC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.