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auto-tires-trucks: Archive

Zacks Equity Research

Court Ruling Unleashes Lawsuit Against GM for Faulty Transmissions

General Motors is facing scrutiny as a federal appeals court permits a lawsuit regarding the sale of hundreds of thousands of vehicles with faulty transmissions from 2015 to 2019.

GMPositive Net Change DORMNegative Net Change BLBDPositive Net Change BYDDYPositive Net Change

Rimmi Singhi

Europe's BEV Sector Slows Amid Economic & Regulatory Challenges

Battery-powered EV sales in Europe are taking a hit from reduced incentives, lack of affordable models and charging infrastructure concerns.

TSLANegative Net Change VWAGYPositive Net Change STLAPositive Net Change

Lavina Shahu

Standard Motor Stock Down 20% YTD: What Should Investors Do?

SMP's balance sheet and acquisition strength, coupled with sustainable demand for automotive parts, make the stock worth retaining.

SMPNegative Net Change PLOWNegative Net Change DORMNegative Net Change

Zacks Equity Research

Polestar Incurs $242M Operating Loss in Q2, Eyes Recovery in 2H24

PSNY expects the second half of 2024 to be better than the first half, thanks to the growing sales of two premium SUVs, Polestar 3 and 4.

DORMNegative Net Change BLBDPositive Net Change BYDDYPositive Net Change PSNYPositive Net Change

Zacks Equity Research

Best Growth Stocks to Buy for August 30th

CARG, NCLH and POWL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 30, 2024.

NCLHNegative Net Change POWLNegative Net Change CARGPositive Net Change

Zacks Equity Research

Li Auto Q2 Earnings Fall Y/Y Due to Higher Costs & Pricing Pressures

LI reports a year-over-year decline in second-quarter earnings due to rising costs associated with ramping up production of the new Li L6 and price reductions.

PLOWNegative Net Change DORMNegative Net Change BLBDPositive Net Change LIPositive Net Change

Zacks Equity Research

General Motors & Samsung SDI to Invest $3.5B in US Battery Plant

GM and Samsung SDI are set to invest $3.5 billion to construct an EV battery plant with an annual capacity of up to 36 gigawatt-hours in northern Indiana.

GMPositive Net Change PLOWNegative Net Change DORMNegative Net Change BLBDPositive Net Change

Zacks Equity Research

ChargePoint, Daimler Buses Tie Up for Telematics System Integration

CHPT collaborates with Daimler Buses to integrate its telematics and charge management systems with Mercedes-Benz and Setra buses.

PLOWNegative Net Change DORMNegative Net Change BLBDPositive Net Change CHPTPositive Net Change

Zacks Equity Research

Toyota & BMW to Solidify Partnership to Expedite FCV Development

TM and BMWYY are poised to expand their partnership on fuel cell vehicles to standardize components and reduce cost.

TMPositive Net Change PLOWNegative Net Change DORMNegative Net Change

Zacks Equity Research

Company News for Aug 28, 2024

Companies in The News Are: BMO, SMCI, SCSC, TSLA

BMONegative Net Change TSLANegative Net Change SCSCNegative Net Change SMCINegative Net Change

Zacks Equity Research

Best Growth Stocks to Buy for August 28th

CARG, AEYE and CRAI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 28, 2024.

CRAINegative Net Change CARGPositive Net Change AEYEPositive Net Change

Zacks Equity Research

The Zacks Analyst Blog Toyota Motor, IBM, Stryker and Fossil Group

Toyota Motor, IBM, Stryker and Fossil Group are included in this Analyst Blog.

TMPositive Net Change IBMPositive Net Change SYKPositive Net Change FOSLPositive Net Change

Sheraz Mian

Top Stock Reports for Toyota Motor, IBM & Stryker

Today's Research Daily features new research reports on 16 major stocks, including Toyota Motor Corporation (TM), International Business Machines Corporation (IBM) and Stryker Corporation (SYK), as well a micro-cap stock Fossil Group, Inc. (FOSL).

TMPositive Net Change IBMPositive Net Change COPPositive Net Change SYKPositive Net Change MOPositive Net Change FOSLPositive Net Change SNPSPositive Net Change

Zacks Equity Research

Goodyear Stock Falls 38.8% YTD: Buy the Dip or Time to Sell?

GT's weaker commercial truck business, high debt level and rising capital expenditure cast doubt on its prospects.

GTNegative Net Change BRDCYPositive Net Change MGDDYPositive Net Change

Rimmi Singhi

Canada Joins US & EU Bandwagon to Slap Tariffs on China EVs

Canada is set to levy a 100% tariff on China-made EVs and a 25% duty on Chinese steel and aluminum to protect domestic markets from inexpensive imports.

HMCPositive Net Change TSLANegative Net Change VWAGYPositive Net Change BYDDYPositive Net Change STLAPositive Net Change

Zacks Equity Research

Best Growth Stocks to Buy for August 27th

RCL, POWL and BLBD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 27, 2024.

RCLPositive Net Change POWLNegative Net Change BLBDPositive Net Change

Zacks Equity Research

Here's Why Investors Should Avoid Magna (MGA) Stock Right Now

Magna (MGA) faces headwinds from lower-than-expected vehicle production in Europe, program cancellations and discontinued production of Fisker Ocean.

MGANegative Net Change PLOWNegative Net Change DORMNegative Net Change BLBDPositive Net Change

Rimmi Singhi

Advance Auto (AAP) Falls 20% Post Weak Q2 Results: What's Next?

Despite Advance Auto (AAP) trading close to its 52-week low after Q2 earnings miss, we don't advise buying the stock on the dip amid numerous near-term headwinds.

ORLYNegative Net Change AAPPositive Net Change AZOPositive Net Change

Zacks Equity Research

Stock Market News for Aug 26, 2024

Wall Street closed sharply higher on Friday, led by a rally in mega-cap growth stocks.

NVDANegative Net Change TSLANegative Net Change

Tracey Ryniec

Bear of the Day: Advance Auto Parts (AAP)

Shares are near 5-year lows.

AAPPositive Net Change

Zacks Equity Research

General Motors' (GM) Cruise Teams Up With Uber to Offer Robotaxi

General Motors' (GM) Cruise is set to offer its autonomous vehicles on the Uber platform starting next year to revive its robotaxi business.

GMPositive Net Change TSLANegative Net Change GOOGLPositive Net Change UBERPositive Net Change

Zacks Equity Research

Advance Auto (AAP) Q2 Earnings Miss Estimates, Guidance Trimmed

Advance Auto (AAP) reports Q2 results and expects 2024 net sales in the band of $11.15-$11.25 billion, down from the prior estimate of $11.30-$11.40 billion.

AAPPositive Net Change PLOWNegative Net Change DORMNegative Net Change BLBDPositive Net Change

David Bartosiak

Bull of the Day: CarGurus (CARG)

The auto industry has been going through some serious changes. CarGurus stands at the new frontier.

CARGPositive Net Change

Zacks Equity Research

CarGurus and Bowlero have been highlighted as Zacks Bull and Bear of the Day

CarGurus and Bowlero have been highlighted as Zacks Bull and Bear of the Day.

NVDANegative Net Change CARGPositive Net Change

Zacks Equity Research

Tesla (TSLA) Recalls 9k Model X SUVs to Fix Roof Trim Pieces

Tesla (TSLA) recalls nearly 9,100 Model X SUVs in the United States due to a potential issue with roof trim that could detach.

TSLANegative Net Change PLOWNegative Net Change DORMNegative Net Change BLBDPositive Net Change