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auto-tires-trucks: Archive

Rimmi Singhi

Auto Roundup: WGO to Acquire Lithionics, F Signs Nickel Deal & More

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.

FNegative Net Change PCARPositive Net Change HMCNegative Net Change GPINegative Net Change WGONegative Net Change

Rimmi Singhi

Nikola (NKLA) Shares a Deal After Hitting an All-Time Low?

Given the company's weak operating results, high cash burn and stock dilution concerns, we don't recommend buying shares of Nikola (NKLA) even at the current price levels.

GMNegative Net Change PIINegative Net Change BLBDNegative Net Change

Zacks Equity Research

NIO, XPeng (XPEV), Li Auto (LI) Post March, Q1 Delivery Updates

NIO delivered 31,041 vehicles in first quarter of 2023, while XPeng and Li Auto delivered 18,230 and 52,584 vehicles respectively in the same period.

RACENegative Net Change NIOPositive Net Change LIPositive Net Change XPEVPositive Net Change

Zacks Equity Research

PACCAR (PCAR) Makes Equity Investment in Platform Science

PACCAR's (PCAR) minority equity investment in integrating Platform Science's Virtual Vehicle technology with the PACCAR Connect telematics system will simplify the vehicle I.T. environment.

PCARPositive Net Change WNCNegative Net Change MODPositive Net Change

Zacks Equity Research

Honda (HMC) Recalls Nearly 330,000 Vehicles Over Safety Issues

The vehicle recall by Honda (HMC) covers the 2020-2022 Odyssey, 2020-2022 Passport, 2020-2021 Pilot and 2020-2021 Ridgeline.

HMCNegative Net Change WNCNegative Net Change MODPositive Net Change MZDAYNegative Net Change

Rimmi Singhi

Auto Biggies Gear Up to Secure Nickel Supply Amid EV Boom

Automakers like F, GM, TSLA, VWAGY and STLA among others are ramping up investments in nickel projects to secure their supply chain systems as the race to EVs gets fiercer.

FNegative Net Change GMNegative Net Change TSLAPositive Net Change VWAGYNegative Net Change STLANegative Net Change

Zacks Equity Research

Company News for Mar 31, 2023

Companies in The News Are: EVGO,RH,SMTC,CNXC

SMTCNegative Net Change RHNegative Net Change CNXCNegative Net Change EVGOPositive Net Change

John Blank

Only Electric Autos in 10 Years' Time?

And a few more macroeconomic thoughts, along with that.

CRMNegative Net Change NVOPositive Net Change METAPositive Net Change

Zacks Equity Research

Blink Charging (BLNK) Receives MAS Contract From US GSA

Blink Charging's (BLNK) stock rallies after securing a MAS contract that makes buying EV charging equipment easier for government and agency customers.

WNCNegative Net Change MODPositive Net Change BLNKPositive Net Change

Zacks Equity Research

Nikola (NKLA) Receives 100 Sale Orders for Class 8 FCEV

Nikola (NKLA) and its dealer receive a 100-unit sales order for Class 8 Nikola Tre hydrogen FCEVs. The company appoints Anastasiya Pasterick as Nikola's new CFO.

WNCNegative Net Change MODPositive Net Change

Zacks Equity Research

New Strong Sell Stocks for March 30th

GOOS, F and GIII have been added to the Zacks Rank #5 (Strong Sell) List on March 30, 2023.

FNegative Net Change GIIINegative Net Change GOOSNegative Net Change

Zacks Equity Research

Allison (ALSN) to Equip AM General's A2 Version of JLTV

Allison (ALSN) has been selected by the U.S. Army to provide Allison 2500 Speciality Series transmission for AM General's A2 Version of JLTV.

ALSNNegative Net Change WNCNegative Net Change MODPositive Net Change

Zacks Equity Research

Pre-Markets in Green Ahead of Final Trading Days of March

Pre-Markets in Green Ahead of Final Trading Days of March

NVDAPositive Net Change TSLAPositive Net Change METAPositive Net Change

Zacks Equity Research

Lucid (LCID) Recalls 640 Air EVs Due to Electric Motor Issues

Lucid (LCID) estimates that, out of 640 affected vehicles, 6% have the defect. The company plans to lay off 1,300 employees by the end of the second quarter.

WNCNegative Net Change MODPositive Net Change LCIDNegative Net Change

Zacks Equity Research

4 Stocks to Watch on Dividend Hikes Amid Recent Banking Plight

Investors may keep a tab on stocks like OXM, DOOO, MAA and SLG, which have lately hiked their dividend payments.

MAANegative Net Change SLGPositive Net Change OXMNegative Net Change DOOONegative Net Change

Zacks Equity Research

Winnebago (WGO) to Buy Lithionics to Rev Up its E-Mobility Game

The acquisition of Lithionics will improve Winnebago's (WGO) supply chain and boost the company's technological and engineering capabilities.

WNCNegative Net Change WGONegative Net Change MODPositive Net Change MZDAYNegative Net Change

Rimmi Singhi

Auto Roundup: CVNA's Debt Restructuring, WGO's Quarterly Results & More

While Carvana's (CVNA) latest debt-restricting plans reduce bankruptcy risk and soothe some nerves, Winnebago's (WGO) comprehensive beat in fiscal Q2 keeps alive its winning streak.

FNegative Net Change GPCNegative Net Change WGONegative Net Change CVNAPositive Net Change VWAGYNegative Net Change

Zacks Equity Research

Implied Volatility Surging for Asbury Automotive (ABG) Stock Options

Investors need to pay close attention to Asbury Automotive (ABG) stock based on the movements in the options market lately.

ABGNegative Net Change

Zacks Equity Research

Ford (F) to Build Electric Truck 'Project T3' at BlueOval

Ford (F) and partner SK On are investing $5.6 billion in the BlueOval City Plant, which will be capable of building 500,000 EVs per year, starting with its next-generation electric truck, 'Project T3'.

FNegative Net Change WNCNegative Net Change MODPositive Net Change

Nalak Das

5 Dividend Paying Growth Stocks to Buy for a Stable Portfolio

We have narrowed our search to five growth stocks that have solid upside left for 2023. These are: ARLP, RES, CRD.A, UVE, WNC.

ARLPPositive Net Change WNCNegative Net Change RESNegative Net Change UVENegative Net Change CRD.ANegative Net Change

Zacks Equity Research

Genuine Parts (GPC) Partners Google Cloud to Revamp Platform

Genuine Parts (GPC) announces a collaboration with Google Cloud to support business transformation and elevate customer experience.

GPCNegative Net Change WNCNegative Net Change MODPositive Net Change

Zacks Equity Research

Ford (F) Expects Its EV Business to Incur $3B Loss in 2023

While Ford's (F) Model e unit is expected to incur a pretax loss of $3 billion this year, Ford Blue and Ford Pro segments are likely to post pretax profits of $7 billion and $6 billion, respectively.

FNegative Net Change GMNegative Net Change PIINegative Net Change BLBDNegative Net Change

Zacks Equity Research

Winnebago (WGO) Keeps Its Earnings Beat Streak Alive in Q2

Winnebago (WGO) pulls off an earnings surprise in fiscal Q2 thanks to higher-than-anticipated EBITDA across all segments.

THONegative Net Change WGONegative Net Change

Kinjel Shah

5 Low Price-to-Book Stocks to Add to Your Portfolio

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank (DB), General Motors (GM), Unum Group (UNM), Park Hotels & Resorts (PK) and Sterling Infrastructure (STRL) are some such stocks.

DBPositive Net Change UNMNegative Net Change GMNegative Net Change STRLNegative Net Change PKNegative Net Change

Zacks Equity Research

Best Value Stocks to Buy for March 24th

MBGAF, INGR and DTEGY made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 24, 2023.

DTEGYNegative Net Change INGRNegative Net Change