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auto-tires-trucks: Archive

Zacks Equity Research

Volkswagen (VWAGY) to Develop China-Specific EV Platform

To consolidate its position in China, Volkswagen (VWAGY) plans to develop an all-new platform for entry-level EVs.

TMPositive Net Change VLVLYPositive Net Change VWAGYPositive Net Change BYDDYNegative Net Change

Rimmi Singhi

Auto Roundup: TM's $60M Penalty, NSANY's Wage Hike & More

While Toyota (TM) faces a charge of $60 million for illegal lending, Nissan (NSANY) hikes wages of U.S. workers after the UAW deal.

FNegative Net Change TMPositive Net Change NSANYNegative Net Change GMNegative Net Change STLAPositive Net Change

Zacks Equity Research

Nissan (NSANY) to Invest $1.4B in U.K. Plant to Build EVs

Nissan (NSANY) plans to invest $1.4 billion in its British plant to manufacture electric versions of Qashqai and Juke.

TMPositive Net Change NSANYNegative Net Change VLVLYPositive Net Change BYDDYNegative Net Change

David Bartosiak

Bull of the Day: Copart (CPRT)

This online auto giant has seen steady increases in EPS over the last year.

CPRTPositive Net Change

Zacks Equity Research

New Strong Buy Stocks for November 27th

VVI, AVTX, RYI, TM and HIBB have been added to the Zacks Rank #1 (Strong Buy) List on November 27, 2023.

TMPositive Net Change HIBBPositive Net Change VVIPositive Net Change RYINegative Net Change AVTXNegative Net Change

Zacks Equity Research

Best Income Stocks to Buy for November 27th

RYI, TM and HIBB made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 27, 2023.

TMPositive Net Change HIBBPositive Net Change RYINegative Net Change

Zacks Equity Research

General Motors' (GM) Cruise Battles Regulatory & Safety Woes

General Motors' (GM) subsidiary Cruise scales back its robotaxi ambitions to one city and delays Origin's production amid a challenging safety and regulatory landscape.

TMPositive Net Change PCARNegative Net Change GMNegative Net Change

Zacks Equity Research

NIO Collaborates With Changan Auto for Battery Swapping

NIO inks a deal with Changan Automobile to develop and improve battery swapping technology.

MODPositive Net Change VLVLYPositive Net Change NIOPositive Net Change BYDDYNegative Net Change

Zacks Equity Research

New Strong Buy Stocks for November 24th

NVO, PAY, AIZ, MOD and LEU have been added to the Zacks Rank #1 (Strong Buy) List on November 24, 2023.

PAYPositive Net Change NVONegative Net Change AIZPositive Net Change MODPositive Net Change LEUPositive Net Change

Zacks Equity Research

Why Advance Auto (AAP) Stock Is Not a Buy Despite Bargain Price

Although Advance Auto (AAP) is currently trading near its 52-week low with a plan of action in place, it's not worth buying the stock now, given various near-term headwinds.

TMPositive Net Change PCARNegative Net Change AAPNegative Net Change

Zacks Equity Research

Stellantis (STLA) Signs MoU With CATL for LFP Battery Supply

Stellantis (STLA) and CATL sign a MoU to localize the supply of LFP batteries in the European market.

VLVLYPositive Net Change BYDDYNegative Net Change STLAPositive Net Change

Zacks Equity Research

Ford (F) to Scale Back Michigan Battery Plant Due to Low Demand

Ford (F) reduces investment in its $3.5 billion Michigan battery plant due to lower-than-expected demand for EVs, a high cost of labor and the company's cost-cut strategy.

FNegative Net Change VLVLYPositive Net Change BYDDYNegative Net Change

Zacks Equity Research

Toyota (TM) to Pay $60M Fine for Illegal Lending Practices

Toyota's (TM) U.S.-based financing firm to pay $60 million in fines for illegal lending practices and violating the Fair Credit Reporting Act.

TMPositive Net Change VLVLYPositive Net Change BYDDYNegative Net Change

Zacks Equity Research

Nissan (NSANY) Hikes Wages of U.S. Workers After UAW Deal

Nissan (NSANY) to hike wages of its 9,000 US factory workers by 10%, effective from Jan 8, 2024.

TMPositive Net Change NSANYNegative Net Change VLVLYPositive Net Change

Rimmi Singhi

2 Stocks to Navigate the Bumpy Roads of the Domestic Auto Industry

Despite the near-term challenges stemming from the UAW strike and increasing operational costs, you can consider betting on these two domestic auto stocks - PCAR and GOEV.

PCARNegative Net Change

Zacks Equity Research

Reasons Why You Should Retain Lear (LEA) in Your Portfolio

Lear (LEA) rides on M&N Plastics, Kongsberg, Xevo and IGB acquisitions. However, higher spending to support electrification and increases in hourly wages remain headwinds.

TMPositive Net Change LEANegative Net Change VLVLYPositive Net Change

Zacks Equity Research

Here's Why Copart (CPRT) is a Solid Investment Choice Now

Copart (CPRT) is likely to gain from its leadership position in the automotive auction market, elevated salvage auction volumes, and AVK and Vincent Auto Solutions' buyouts.

TMPositive Net Change CPRTPositive Net Change VLVLYPositive Net Change

Rimmi Singhi

Auto Roundup: AAP's Weak Q3 Results, GT's Transformation Plan & More

While Advance Auto Parts (AAP) incurs loss as against the consensus mark for earnings. Goodyear (GT) announces a transformation plan to optimize its portfolio and shore up margins.

GTNegative Net Change AAPNegative Net Change CPRTPositive Net Change XPEVNegative 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.

TSLANegative Net Change

Zacks Equity Research

Here's Why You Should Retain Honda Motor (HMC) Stock Now

Honda (HMC) is set to gain from its expanding lineup of electric vehicles, frequent collaborations and cost-containment efforts. However, high R&D expenses remain a headwind.

HMCPositive Net Change MODPositive Net Change VLVLYPositive Net Change

Zacks Equity Research

Here's Why Toyota Motor (TM) Makes for a Solid Investment Choice

Toyota Motor (TM) is set to benefit from continued demand, a robust line-up of trucks and sport utility vehicles and an electrification push.

TMPositive Net Change MODPositive Net Change VLVLYPositive Net Change

Zacks Equity Research

Company News for Nov 17, 2023

Companies In The Article Are: AMZN, SONO,GM, M

AMZNPositive Net Change MNegative Net Change GMNegative Net Change SONOPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About Commercial Vehicle Group (CVGI) Stock We Don't?

Investors need to pay close attention to Commercial Vehicle Group (CVGI) stock based on the movements in the options market lately.

CVGIPositive Net Change

Zacks Equity Research

Honda (HMC) Q2 Earnings Top Estimates, FY24 Profit View Raised

For fiscal 2024, Honda (HMC) forecasts an operating profit of 1.2 trillion yen, up from the previous projection of 1 trillion yen and implying growth of 53.7% year over year.

FNegative Net Change TMPositive Net Change HMCPositive Net Change GMNegative Net Change

Zacks Equity Research

Copart's (CPRT) Q1 Earnings Mark Fourth Consecutive Beat

Copart's (CPRT) fiscal first-quarter 2024 earnings beat estimates and also rise year over year, primarily on robust service revenues.

TMPositive Net Change PCARNegative Net Change ORLYNegative Net Change CPRTPositive Net Change