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auto-tires-trucks: Archive

Zacks Equity Research

Stock Market News for Jun 17, 2022

U.S. stock markets plummeted on Thursday concerns of a near-term recession.

LCIDPositive Net Change

Zacks Equity Research

Company News for Jun 17, 2022

Companies In The News Are: TSLA, REV, AAPL, NCLH.

AAPLPositive Net Change REVPositive Net Change TSLANegative Net Change NCLHPositive Net Change

Zacks Equity Research

Is the Options Market Predicting a Spike in Wabash (WNC) Stock?

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

WNCPositive Net Change

Zacks Equity Research

Company News for Jun 16, 2022

Companies in The News Are: NUE, BA, AAPL, HTZ.

BANegative Net Change AAPLPositive Net Change HTZPositive Net Change NUEPositive Net Change

Zacks Equity Research

General Motors (GM) to Invest $81M in Premium Cadillac Celestiq

General Motors (GM) to invest $81 million in the Cadillac Celestiq electric cars to pivot the brand among the top-notch EV providers in the auto industry.

GMPositive Net Change SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change

Zacks Equity Research

Ford (F) Recalls Nearly 3M Vehicles in US Over Gear Issues

Ford (F) issues recall of nearly 3 million vehicles in the United States on malfunctioning gear that makes parked vehicles roll over and increase the chances of accidents.

FPositive Net Change SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change

Zacks Equity Research

Zacks.com featured highlights Standard Motor, GATX, Nova, AAR and Arconic

Standard Motor, GATX, Nova, AAR and Arconic have been highlighted in this Screen of the Week article.

AIRPositive Net Change SMPPositive Net Change NVMINegative Net Change GATXPositive Net Change ARNCPositive Net Change

Zacks Equity Research

Ford (F) Recalls 48K+ Mustang Mach-E in US Over Battery Hitch

Ford (F) issues recall of more than 48K Mustang Mach-E vehicles in the United States on grounds of battery overheating that can lead to potential power loss and increase the chances of accidents.

FPositive Net Change SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change

Zacks Equity Research

Stellantis (STLA) Jeep to Go All-Electric in Europe by 2022-End

Stellantis' (STLA) brand, Jeep, plans to transition into the sale of fully electric vehicles in Europe by year-end. However, its plan for the same in the US market looks bleak in the near term.

SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change STLAPositive Net Change

Zacks Equity Research

Electric Last Mile (ELMS) to Declare Bankruptcy Post Rough Run

Electric Last Mile (ELMS) states that it will file for insolvency just a year after its Nasdaq debut as it battles risks of running out of cash.

SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change

Rimmi Singhi

Is AutoNation (AN) Stock a Buy After Yesterday's Price Dip?

Considering the industry's solid prospects and AutoNation's (AN) strong fundamentals, investors should see the latest price dip in the stock as a buying opportunity.

PAGPositive Net Change ANPositive Net Change GPIPositive Net Change

Rimmi Singhi

Russia Vehicle Sales Continue to Plummet: Rough Road Ahead

Vehicle sales in Russia drop to a historic low in May, with only 24,268 vehicles sold, marking a year-over-year drop of 83.5%. AEB expects vehicle sales in the country to shrink at least 50% in 2022.

FPositive Net Change TMPositive Net Change DDAIFPositive Net Change RNLSYPositive Net Change VWAGYNegative Net Change

Rimmi Singhi

Auto Biggies Call for Removal of Federal EV Tax Credit Cap

CEOs of Ford (F), General Motors (GM), Toyota (TM) and Stellantis (STLA) request the Congress to lift the EV tax credit cap until the e-mobility market gets mature.

FPositive Net Change TMPositive Net Change GMPositive Net Change STLAPositive Net Change

Zacks Equity Research

Here's Why You Should Hold Harley-Davidson (HOG) Stock Now

Harley-Davidson (HOG) gains from its product strategies and rebranding but faces supply-chain challenges and soaring capex requirements.

HOGPositive Net Change SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change

Rimmi Singhi

Auto Roundup: TSLA's Autopilot Probe, THO's Earnings Beat Streak & More

Scrutiny over Tesla's (TSLA) Autopilot function escalates with 830,000 cars under investigation. Meanwhile, Thor (THO) pulls off an earnings surprise for the ninth straight time in Q3.

THOPositive Net Change GTPositive Net Change TSLANegative Net Change NIOPositive Net Change VWAGYNegative Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Novo Nordisk, Toyota Motor, Salesforce, Abbott Laboratories, Raytheon Technologies, and Equinor

Novo Nordisk, Toyota Motor, Salesforce, Abbott Laboratories, Raytheon Technologies, and Equinor are part of Zacks top Analyst Blog.

ABTPositive Net Change CRMPositive Net Change TMPositive Net Change NVOPositive Net Change EQNRPositive Net Change RTXNegative Net Change

Rimmi Singhi

Beware of These 2 Auto Equipment Suppliers Amid Industry Woes

With the automotive equipment industry struggling with supply chain disruptions and cost woes, we advise you to stay away from stocks like Autoliv (ALV) and Adient (ADNT) to prevent losses.

ALVPositive Net Change ADNTPositive Net Change

Zacks Equity Research

NIO's Q1 Loss Narrows Year Over Year, Sales Increase 24%

NIO posts revenues of $1,563 million, up 24.4% y/y on robust deliveries. But vehicle margin declines to 18.1% compared with the year-ago period's 21.2% amid lower average selling price.

TSLANegative Net Change NIOPositive Net Change LIPositive Net Change XPEVPositive Net Change

Zacks Equity Research

Tesla (TSLA) Faces Tough Probe for Autopilot Hitch in Vehicles

Tesla (TSLA) comes under the US federal regulators' scrutiny over an investigation into its malfunctioning Autopilot feature that has resulted in multiple crashes and one fatality in recent times.

SMPPositive Net Change TSLANegative Net Change WNCPositive Net Change FOXFNegative Net Change

Zacks Equity Research

New Strong Sell Stocks for June 10th

Teaser: ASX, CBAN, and RACE have been added to the Zacks Rank #5 (Strong Sell) List on June 10, 2022.

ASXNegative Net Change RACENegative Net Change CBANPositive Net Change

Zacks Equity Research

Zacks.com featured highlights include PBF Energy, Genuine Parts, RingCentral and Waters

PBF Energy, Genuine Parts, RingCentral and Waters are part of the Screen of the Week article.

GPCPositive Net Change WATPositive Net Change PBFNegative Net Change RNGPositive Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Stellantis, Mazda Motor, NIO, Li, and XPeng

Stellantis, Mazda Motor, NIO, Li, and XPeng are part of Zacks top Analyst Blog.

MZDAYNegative Net Change NIOPositive Net Change LIPositive Net Change XPEVPositive Net Change STLAPositive Net Change

Zacks Equity Research

Volkswagen's (VWAGY) $22M Battery Lab to Bolster EV Initiatives

Volkswagen (VWAGY) opens its first-of-its-kind Battery Engineering Lab in Tennessee to conduct extensive research on EV batteries and expedite its EV efforts.

SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change VWAGYNegative Net Change

Zacks Equity Research

Thor (THO) Delivers 9th Straight Earnings Beat in Q3, Stock Up

Thor's (THO) Q3 earnings and revenues not just surpass estimates but surge 92% and 34.6% year over year, respectively. The consolidated backlog as of quarter-end stands at $13.88 billion.

THOPositive Net Change WGOPositive Net Change

Zacks Equity Research

Goodyear (GT) to Recall 173K 20-Year-Old Inefficient RV Tires

Goodyear (GT), led by mounting pressure from the NHTSA, announces a recall of 2-decade old 173,000 G159 RV tires that have been causing serious troubles in the operation of RVs.

GTPositive Net Change SMPPositive Net Change WNCPositive Net Change FOXFNegative Net Change