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auto-tires-trucks: Archive

Rimmi Singhi

Auto Roundup: GM's Buyback Boost, LAD's Buyout Binge & More

While General Motors (GM) authorizes an additional $6 billion in stock repurchase program, Lithia (LAD) continues with its acquisition spree by entering into the Memphis market.

HMCPositive Net Change GMNegative Net Change LADNegative Net Change STLAPositive Net Change

Zacks Equity Research

Adobe, Oracle, Costco and AutoZone are part of Zacks Earnings Preview

Adobe, Oracle, Costco and AutoZone are highlights of Zacks Earnings Preview article.

ORCLPositive Net Change COSTNegative Net Change ADBEPositive Net Change AZOPositive Net Change

Rimmi Singhi

Shareholders Back Musk's Pay: Hold Tesla (TSLA) for Long-Term

Shareholders approve Musk's massive pay package, showing strong support. Focus on driverless software and AI will aid Tesla (TSLA) in the long run.

TSLANegative Net Change

Zacks Equity Research

Company News for June 14, 2024

Companies in The News Are: TSLA, KFY, PLAY, AVGO

KFYNegative Net Change AVGONegative Net Change TSLANegative Net Change PLAYNegative Net Change

Zacks Equity Research

Tesla (TSLA) to Hike Model 3 Prices in Europe on Higher Tariff

Tesla (TSLA) is set to increase Model 3 prices in Europe due to potential higher tariffs by the EU on imported electric cars from China.

AXLNegative Net Change TSLANegative Net Change OSKNegative Net Change BLBDPositive Net Change

Zacks Equity Research

Honda (HMC) & Mitsubishi Form JV to Create Budget BEV Brand

Honda (HMC) enters into a JV with Mitsubishi to reduce EV ownership costs and develop power-supply operations for long-term battery use.

HMCPositive Net Change AXLNegative Net Change OSKNegative Net Change BLBDPositive Net Change

Anup Sadhu

Conclusions on JUNE Economic Outlook

We score two points for the equity market Bulls this month, and two points for the Bears

SPYNegative Net Change DIAPositive Net Change QQQNegative Net Change

Rimmi Singhi

EU Levies Up to 38% Tariffs on China EVs, Trade Tensions Rise

In an escalating trade dispute, the EU imposes up to 38% additional tariffs on Chinese EVs, raising fears of retaliatory tariffs from China.

TSLANegative Net Change GELYYPositive Net Change BYDDYPositive Net Change

Zacks Equity Research

General Motors (GM) Hits 52-Week High on a Few Business Updates

General Motors (GM) boosts share buyback, slashes sales and production guidance for all-electric vehicles and invests $850 million in Cruise.

AXLNegative Net Change GMNegative Net Change OSKNegative Net Change BLBDPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About CarGurus (CARG) Stock We Don't?

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

CARGPositive Net Change

Rimmi Singhi

Is Japan's Car Industry Facing a ''Dieselgate'' Moment?

Japanese automakers, including Toyota and Honda, face a major scandal for falsifying safety test data, reminiscent of Volkswagen's Dieselgate.

TMPositive Net Change HMCPositive Net Change MZDAYPositive Net Change VWAGYPositive Net Change

Zacks Equity Research

Ambarella (AMBA) Expands Its Partner Base With New Agreement

Ambarella (AMBA) expands its partner base by signing a strategic cooperation agreement with Leapmotor for manufacturing energy vehicles with intelligent features.

FNo Net Change GMNegative Net Change TSLANegative Net Change AMBANegative Net Change

Derek Lewis

2 Traits of Shareholder Friendly Companies

Companies can demonstrate a shareholder-friendly nature by offering consistent dividend payouts and implementing share repurchase programs. But what are the benefits of each?

AAPLNegative Net Change GPCPositive Net Change

Zacks Equity Research

Company News for June 12, 2024

Companies in The News Are: GM, ASO, JPM, GME

JPMNegative Net Change GMEPositive Net Change GMNegative Net Change ASONegative Net Change

Zacks Equity Research

Lithia (LAD) Expands Footprint in the US Southeast Region

Lithia (LAD) expands its presence in the U.S. Southeast Region by acquiring two dealerships in Memphis, TN, and one in the greater Toronto area.

AXLNegative Net Change LADNegative Net Change OSKNegative Net Change BLBDPositive Net Change

Zacks Equity Research

Zacks Industry Outlook O'Reilly and AutoZone

Zacks Industry Outlook O'Reilly and AutoZone have been highlighted in this Industry Outlook article.

ORLYPositive Net Change AZOPositive Net Change

Shaun Pruitt

Time to Ride General Motors (GM) Stock for Higher Highs?

General Motors (GM) stock printed another day of fresh 52-week highs after the auto giant announced an additional $6 billion in stock buybacks.

GMNegative Net Change FNo Net Change TSLANegative Net Change

Benjamin Rains

Finding Fantastic Momentum Stocks to Buy this Summer

Today we explore a screen that helps investors find stocks experiencing impressive upward earnings revisions activity, helping them earn Zacks Rank #1 (Strong Buys).

BLBDPositive Net Change

Rimmi Singhi

2 Auto Parts Retailers Worth Watching on Industry Strength

With the Zacks Automotive- Retail and Wholesale- Parts industry currently placed in the top 21% of around 250 Zacks industries, stocks like ORLY and AZO are still worth keeping an eye on.

ORLYPositive Net Change AZOPositive Net Change

Zacks Equity Research

Stellantis (STLA) Recalls 200K Vehicles to Fix ESC Issue

Stellantis (STLA) recalls more than 200,000 vehicles due to a defect in software that can adversely impact their ESC systems.

AXLNegative Net Change OSKNegative Net Change BLBDPositive Net Change STLAPositive Net Change

Zacks Equity Research

General Motors' (GM) JV Plant Strikes a Tentative Deal With UAW

General Motors' (GM) joint venture facility in Ohio strikes a tentative local agreement with UAW.

AXLNegative Net Change GMNegative Net Change OSKNegative Net Change BLBDPositive Net Change

Zacks Equity Research

New Strong Buy Stocks for June 11th

HHS, AXL, CMRE, SSL and APTV have been added to the Zacks Rank #1 (Strong Buy) List on June 11, 2024.

AXLNegative Net Change SSLPositive Net Change HHSPositive Net Change CMRENegative Net Change APTVNegative Net Change

Rimmi Singhi

Do NHTSA's New CAFE Standards Mark a Win for Fuel Efficiency?

The NHTSA projects that the new Corporate Average Fuel Economy (CAFE) rules will save 70 billion gallons of gasoline through 2050.

FNo Net Change GMNegative Net Change STLAPositive Net Change

Rimmi Singhi

Magna (MGA) Hits 52-Week Low: Should You Still Hold the Stock?

Magna's (MGA) long-term prospects are strong on the back of innovation, cost control, frequent business wins and a sound balance sheet.

MGANegative Net Change

Bryan Hayes

Tesla Stock Set for Outsized Move Amid Shareholder Vote

The stock could see a boost if shareholders vote in favor of the proposals, reflecting investor optimism about the company's future prospects.

TSLANegative Net Change