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auto-tires-trucks: Archive

Zacks Equity Research

Ford (F) Gets $1.7B Penalty for Faulty F-250 Trucks Fatalities

Ford (F) incurs hefty penalty fee of $1.7 billion for two fatalities arising from a 2014 rollover accident of its F-250 truck with a malfunctioning roof.

FNo Net Change HOGNegative Net Change BWAPositive Net Change LCIINegative Net Change

Zacks Equity Research

General Motors (GM) to Reinstate Dividend Payout, Hike Buyback

General Motors (GM) to restore dividend payment after 2 years of suspension. It also boosts share buyback program to $5 million.

FNo Net Change HOGNegative Net Change BWAPositive Net Change GMPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About Tesla (TSLA) Stock We Don't?

Investors need to pay close attention to Tesla (TSLA) stock based on the movements in the options market lately.

TSLAPositive Net Change

Nalak Das

Apply Buy-on-the-Dip Strategy in the Near Term: 5 Picks

We have narrowed our search to five U.S. corporate giants currently trading at a deep discount to their 52-week highs. These are: TSLA, FTNT, ABNB, ORCL and SLB.

SLBNegative Net Change ORCLPositive Net Change TSLAPositive Net Change FTNTPositive Net Change ABNBNegative Net Change

Zacks Equity Research

BMW AG's (BAMXF) Next-Gen EVs to Get Eve Energy's Batteries

China-based cell maker Eve Energy will supply cylindrical lithium-ion batteries to BMW AG's (BAMXF) new EVs from 2025. BMW's shift to the new battery type is perhaps to economize costs.

HOGNegative Net Change BWAPositive Net Change TSLAPositive Net Change BAMXFNo Net Change

Zacks Equity Research

Sonic (SAH) Continues Expansion With Audi Owings Mills Buyout

The acquisition of Audi Owings Mills, located in Maryland, represents the 8th Audi franchise purchased by Sonic (SAH).

SAHNegative Net Change RUSHAPositive Net Change CRMTNegative Net Change

Zacks Equity Research

Will Advance Auto (AAP) Q2 Earnings Sustain the Beat Streak?

The Zacks Consensus Estimate for the Advance Auto (AAP) Q2 earnings and revenues is pegged at $3.75 per share and $2.75 billion, respectively.

ORLYNegative Net Change AAPPositive Net Change

Kinjel Shah

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

The P/B ratio helps to identify low-priced stocks that have high growth prospects. BorgWarner (BWA), Vishay Intertechnology (VSH), Perion Network Ltd. (PERI), ASE Technology Holding (ASX) and Delek US Holdings (DK) are some such stocks.

BWAPositive Net Change DKPositive Net Change VSHNegative Net Change ASXPositive Net Change PERINegative Net Change

Derek Lewis

Advanced Auto Parts Q2 Preview: Another EPS Beat Inbound?

Advanced Auto has consistently reported strong bottom-line results, exceeding the Zacks Consensus EPS Estimate in five consecutive quarters.

AAPPositive Net Change

Zacks Equity Research

Tesla (TSLA) to Bring Supercharger Network to US Non-Tesla Owners

Tesla (TSLA) to launch Supercharging network in the US and offer it to non-Tesla owners to encourage the transition to battery power. Production is to begin later this year.

HOGNegative Net Change BWAPositive Net Change TSLAPositive Net Change LCIINegative Net Change

Rimmi Singhi

3 Long-Term EV Plays to Reap Benefits From the Climate Bill

Read on to know the various provisions under the new climate bill. While there might be certain limitations in the new legislation, a few companies like TSLA, GM and F look poised to benefit from the IRA.

FNo Net Change GMPositive Net Change TSLAPositive Net Change

Zacks Equity Research

Ford (F) and Others Collaborate With SMUD for EV Charging

Ford (F), General Motors (GM) and BMW (BAMXF) partner with the non-profit electric service provider SMUD for a managed EV charging program to offer a sustainable and cost-saving battery.

FNo Net Change HOGNegative Net Change GMPositive Net Change BAMXFNo Net Change

Zacks Equity Research

General Motors (GM) Recalls 484K+ SUVs Over Seat Belt Hitch

General Motors (GM) issues a recall for more than 484K SUVs in the United States on the grounds of malfunctioning seat belts that might fail to protect third-row passengers in the event of a crash.

FNo Net Change GPCNegative Net Change HOGNegative Net Change GMPositive Net Change

Zacks Equity Research

Keysight (KEYS) Solutions to Power Scania R&D Unit in Sweden

The customized turnkey battery laboratory solution from Keysight (KEYS) will enable the Volkswagen division's effective battery testing and tailored deployment.

TESSPositive Net Change SPMYYNo Net Change KEYSPositive Net Change VWAGYPositive Net Change

Zacks Equity Research

Group 1 (GPI) Rewards Investors With Dividend Hike & Buyback

Group 1's (GPI) latest dividend hike marks a 2.7% increase from the previous payout. The auto retailer also boosts its share repurchase program by $130 million to $250 million.

GPINegative Net Change RUSHAPositive Net Change CRMTNegative Net Change

Nalak Das

5 High-Flying US Bigwigs With Solid Upside Left to Buy Now

We have narrowed our search to five U.S. corporate giants that have popped in the past month. These are: TSLA, ABNB, TXN, CDNS and NEE.

NEENegative Net Change TXNNegative Net Change TSLAPositive Net Change CDNSPositive Net Change ABNBNegative Net Change

Zacks Equity Research

Arcimoto (FUV) Q2 Loss Wider Than Expected, Revenues Up Y/Y

Arcimoto (FUV) reports a loss in the second quarter, wider than the year-ago loss figure. Revenues see thumping growth. Sales also increase across the segments.

GPCNegative Net Change HOGNegative Net Change TSLAPositive Net Change FUVPositive Net Change

Zacks Equity Research

Green Power (GP) Q1 Loss Wider Than Expected, Revenues Rise

Green Power (GP) incurs a loss in the first quarter of fiscal 2023, wider than the year-ago loss. Revenues see robust growth.

GPCNegative Net Change HOGNegative Net Change TSLAPositive Net Change GPNegative Net Change

Zacks Equity Research

Company News for Aug 16, 2022

Companies In The News Are: DIS, CAH, U, APP, TSLA.

CAHNegative Net Change DISNegative Net Change TSLAPositive Net Change APPPositive Net Change UPositive Net Change

Swayta Shah

5 Stocks With Solid Sales Growth to Counter Market Volatility

Steady sales growth is the key to survival for a business, even during recessions. Let's check at BorgWarner (BWA), Carlisle (CSL), Valley National (VLY), Vishay Intertechnology (VSH) & Waste Management (WM) that are recording top-line growth.

BWAPositive Net Change WMNegative Net Change CSLNegative Net Change VSHNegative Net Change VLYNegative Net Change

Rimmi Singhi

Auto Roundup: HMC Quarterly Results, LOTZ-SFT Merger Plans & More

Honda (HMC) fiscal first-quarter 2023 earnings miss estimates, while revenues beat. Meanwhile, Shift Technologies (SFT) and CarLotz (LOTZ) ink a merge deal to become a leading used vehicle e-retailer.

FNo Net Change HMCPositive Net Change WPRTPositive Net Change

Zacks Equity Research

Is a Surprise Coming for Advance Auto Parts (AAP) This Earnings Season?

Advance Auto Parts (AAP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

AAPPositive Net Change

Zacks Equity Research

Stock Market News for Aug 15, 2022

Wall Street closed sharply higher on Friday as investors confidence boosted by two major inflation data released last week.

FNo Net Change TMPositive Net Change GMPositive Net Change TSLAPositive Net Change

Zacks Equity Research

CarLotz (LOTZ) & Shift to Merge, Form E-Commerce Retailer

CarLotz (LOTZ) and Shift Technologies ink deal to form a differentiated omni-channel retailer to bolster profitability. CarLotz will downsize its workforce and the number of hubs.

BWAPositive Net Change DOOOPositive Net Change

Zacks Equity Research

Rivian (RIVN) Incurs Wider-Than-Expected Q2 Loss, Sales Beat

Amid supply chain snarls and commodity cost inflation, Rivian (RIVN) now forecasts a negative adjusted EBITDA of $5,450 million for 2022, deteriorating from the previous forecast of $4,750 million.

LCIDPositive Net Change RIVNPositive Net Change