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Zacks News
Fisker (FSR), Bridgestone Team Up for EV After-Sales Services
by Zacks Equity Research
The latest collaboration scales up Fisker's (FSR) existing agreement with Bridgestone, making the latter its exclusive tire partner for its upcoming all-electric Ocean SUV.
Toyota (TM) Halts Domestic Production in January, Trims Output
by Zacks Equity Research
Toyota Motor (TM) plans to suspend operations on seven production lines at five factories in Japan for January and slash its output by about 20,000 vehicles.
Bull of the Day: Goodyear Tire and Rubber Company (GT)
by Jeremy Mullin
2022 looks to be a good year for this stock.
Why CarMax (KMX) is Poised to Beat Q3 Earnings Estimates
by Zacks Equity Research
Higher year-over-year sales and average selling price of used vehicles should have buoyed CarMax's (KMX) third-quarter fiscal 2022 earnings.
General Motors (GM) Extends Production Halt for Bolt EV & EUV
by Zacks Equity Research
General Motors (GM) stretches the Chevrolet Bolt EV and EUV production halt at the Orion Assembly Plant in Michigan through the end of February 2022.
Key Takeaways From the Much-Awaited NIO Day 2021 Event
by Zacks Equity Research
At the NIO Day event, NIO unveils a new mid-sized electric sedan called the ET5 and provides updates on its upcoming ET7 sedan.
Genuine Parts (GPC) to Boost Scale & Profits With KDG Buyout
by Zacks Equity Research
Genuine Parts (GPC) is set to acquire Kaman Distribution Group in a $1.3-billion deal, set for closure in the first quarter of 2022.
Rivian (RIVN) Incurs Q3 Loss, Announces Scaling-Up Efforts
by Zacks Equity Research
Rivian (RIVN) reports a net loss in Q3 and sees a bleak production in the coming months with an expected shortage of "a few hundred vehicles" from its 2021 target of 1,200 units.
Cummins (CMI) Sanctions Share-Buyback Program Worth $2B
by Zacks Equity Research
The latest share buyback program comes in as Cummins (CMI) concludes its prior authorization of $2 billion, announced in 2019.
AutoZone (AZO) Boosts Share Buyback Program on Stellar Results
by Zacks Equity Research
AutoZone (AZO) authorizes an additional $1.5-billion stock repurchase under its ongoing buyback program.
Factors Deciding the Fate of Winnebago's (WGO) Q1 Earnings
by Zacks Equity Research
Robust demand for RVs because of safe travel enthusiasts and millennials' zeal for off-the-grid living is likely to have aided Winnebago's (WGO) top-line growth in fiscal Q1.
Toyota Motor (TM) Announces Extensive Electrification Drive
by Zacks Equity Research
Toyota's (TM) electrification line-up plans aim to make its business carbon-neutral and increase the proportion of its EV sales.
Penske (PAG) to Add $100M in Revenues With Erhard BMW Buyout
by Zacks Equity Research
The Erhard BMW dealership buyout represents Penske's (PAG) 48th BMW dealership globally and the largest BMW dealership in Michigan.
Magna (MGA) Set to Launch Breakthrough Powertrain in 2022
by Zacks Equity Research
Magna's (MGA) launch of the all-electric powertrain, EtelligentReach, aims at efficiency gains, reduced carbon-dioxide emissions and an enhanced driving experience for customers.
General Motors (GM) Halts Corvette Production Over Tornado Havoc
by Zacks Equity Research
In the wake of the storm, General Motors' (GM) Kentucky plant sustained enough damage to call off production for the week.
Ford (F) Scales Up Production Target for Mustang Mach-E
by Zacks Equity Research
Ford (F) plans to increase the production for Mustang Mach-E to achieve an annual output of more than 200,000 units by 2023 in North America and Europe.
Tesla (TSLA) Halts Taking Model S/X Orders Outside North America
by Zacks Equity Research
Tesla's (TSLA) decision to halt taking new orders for Model S/X comes amid the automaker's massive backlog of orders in Europe and other international markets.
General Motors' (GM) Silverado Production to Kick off in Early '23
by Zacks Equity Research
General Motors (GM) plans to commence production of its upcoming Chevy Silverado electric pickup in early 2023 with sales set to begin in late 2023.
Ford (F) to Invest $900M for Revamping Thai Auto Plants
by Zacks Equity Research
The latest investment marks a historic milestone for Ford (F) and highlights its dedication to producing and delivering superior quality vehicles for customers in Thailand and worldwide.
Lowe's, Ollie's Bargain Outlet, Toyota Motor, Tesla and Goodyear Tire highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Lowe's, Ollie's Bargain Outlet, Toyota Motor, Tesla and Goodyear Tire highlighted as Zacks Bull and Bear of the Day
4 High Earnings Yield Stocks You Can Count on
by Rimmi Singhi
Goodyear (GT), Olin (OLN), APA Corp (APA) and Nutrien (NTR) are some stocks boasting high earnings yield.
Lithia (LAD) Expands Florida, Michigan Footprint, Adds to Sales
by Zacks Equity Research
Lithia's (LAD) expansion initiatives in its two important markets of Florida and Michigan are expected to generate $425 million in annual revenues.
Stellantis (STLA) & Foxconn Sign MoU for Flexible Semiconductors
by Zacks Equity Research
Stellantis (STLA) and Foxconn join forces to design a range of modernized, purpose-built semiconductors for the auto industry by harnessing the experience and expertise of both companies.
Thor (THO) Secures Elkboard Supply Via the Elkhart Buyout
by Zacks Equity Research
The acquisition of Elkhart will provide Thor (THO) with an unconstrained supply of Elkboard, which is a sustainable composite material for sidewalls.
Asbury (ABG) Enhances Foothold in Denver on Stevinson Buyout
by Zacks Equity Research
The purchase of Stevinson will contribute approximately $715 million in annualized revenues to Asbury (ABG).