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Zacks News
NIO Annual Day Seems a Smasher: Should Tesla Take Note?
by Rimmi Singhi
NIO Annual Day was quite an event with major breakthrough announcements. But can the firm pose challenge to EV king Tesla as it steps up its electrification game? Read on to know more.
UK 2020 Auto Sales Derail on Coronavirus Mayhem, '21 Prospects Dim
by Pooja Dhona
While the U.K. car industry paralyzed in 2020 thanks to the coronavirus mayhem, clarity over its relationship with the EU is the only ray of hope for 2021.
Daimler (DDAIF) Imposed With $30M Fine for Delayed Recalls
by Zacks Equity Research
Daimler's (DDAIF) truck unit claims that there are no reported accidents or injuries related to any of the delayed recalls.
Volkswagen (VWAGY) Battles Massive Semiconductor Supply Deficit
by Zacks Equity Research
Volkswagen (VWAGY) faces production hurdles as a global supply shortage of semiconductor threatens the auto sector.
Daimler (DDAIF) to Outlay 70B Euros for Digital, Electrical Revamp
by Zacks Equity Research
Daimler's (DDAIF) latest investment plan outlines the company's efforts to kick start an era of green transportation.
Germany Goes All in On EVs: VWAGY, BAMXF and DDAIF in Focus
by Rimmi Singhi
Amid rising popularity of EVs, German auto bigwigs like Volkswagen (VWAGY), Daimler (DDAIF) and BMW (BAMXF) are actively focusing on radically electrifying their line-ups.
UK Auto Industry at Crossroads, Awaits Brexit Deal Conclusion
by Zacks Equity Research
The U.K. car industry can drive home the Brexit deal before the end of the year or face a manufacturing loss of 55 billion pounds in the next five years.
European Car Sales Rebound Falters, Outlook Remains Muted
by Rimmi Singhi
LMC Automotive forecasts sales in Europe to decline 22% year over year to 16.2 million vehicles in 2020.
What is a Great Mobility Stock?
by John Blank
You can play pharma...or mobility stocks.
Polaris (PII) CEO to Step Down, Shares Fall Post Announcement
by Zacks Equity Research
Polaris (PII) reaffirms full-year 2020 guidance after CEO Wine's departure announcement becomes public.
NIO's Q3 Loss Narrows, Sales Top Estimates, Guidance Strong
by Zacks Equity Research
NIO expects fourth-quarter deliveries in the band of 16,500-17,000 vehicles, signaling a year-over-year rise of 103% at the mid-point of the range.
The Zacks Analyst Blog Highlights: Moderna, Lonza Group, BMW, NXP Semiconductors and IDEXX Laboratories
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Moderna, Lonza Group, BMW, NXP Semiconductors and IDEXX Laboratories
Vaccine Data Propels Stocks: Global Week Ahead
by John Blank
Moderna said in a Phase 3 trial, which enrolled 30K patients, its vaccine demonstrated 94.5% efficacy. The trial included "many high-risk or elderly" people. Furthermore, their vaccine can be stored a temperatures a commercial freezer can likely supply, easing distribution concerns.
CNH Industrial (CNHI) Q3 Earnings Top Estimates, Guidance Up
by Zacks Equity Research
CNH Industrial (CNHI) updates previously-issued guidance for 2020 and expects net sales from industrial activities to be down 10-15%.
Zacks Industry Outlook Highlights: Daimler, BMW, Fiat and Renault
by Zacks Equity Research
Zacks Industry Outlook Highlights: Daimler, BMW, Fiat and Renault
4 Stocks to Capitalize on Promising Foreign Auto Industry
by Anup Sadhu
Auto sales growth in China and rising demand of EVs amid climate change concerns are fueling the Zacks Foreign Auto industry's prospects. Industry players including Daimler (DDAIF), BMW (BAMXF), Fiat Chrysler (FCAU) and Renault (RNLSY) seem lucrative bets.
Winnebago's (WGO) Q4 Earnings & Sales Beat Estimates, Up Y/Y
by Zacks Equity Research
Winnebago (WGO) reports stellar Q4 results on robust revenues from the towable and motorhome segments.
3D Printing Revolutionizing Auto Industry: 3 Stocks in Focus
by Rimmi Singhi
With electric and driverless cars being the future of mobility, carmakers are now on the cusp of revolutionary changes, which have been boosting the 3D printing technology in the auto industry.
Daimler Maps New Strategy: Trim Costs & Shift Focus on EVs
by Zacks Equity Research
Daimler's (DDAIF) new game plan aims to leverage Mercedes-Benz's strength by revamping its product portfolio and repositioning it as a luxury brand.
A Look at Volkswagen's Delivery Updates and Investment Plans
by Zacks Equity Research
Volkswagen's (VWAGY) overall orders and deliveries for September are likely to be higher year over year and the company expects the upward trend to continue for the remainder of 2020.
Look Past Tesla, Ride the EV Wave With These 3 Bargain Stocks
by Rimmi Singhi
The Tesla Battery Day Event fails to cheer investors and raises questions on the stock's lofty valuations. We have highlighted three relatively cheaper picks to tap the EV boom.
Fiat Chrysler Fined $9.5M Over Emission Compliance Audit
by Zacks Equity Research
Regulators have discovered that the internal audit of Fiat Chrysler's (FCAU) emission-control systems was performed in a limited scope and appropriate disclosures were not made.
BMW (BAMXF) Fined $18M for Misrepresenting Sales Figures
by Zacks Equity Research
BMW (BAMXF) falsely inflated its monthly sales figures through sales punching, which helped the German luxury automaker become a leading brand among its rivals.
California ICE Vehicle Ban Further Spurs Race to E-Mobility
by Rimmi Singhi
California's decision to pull the plug on gas-powered vehicles effective 2035 indeed intensifies EV competition.
Volkswagen's Traton, TuSimple Team Up for Autonomous Trucks
by Zacks Equity Research
Volkswagen (VWAGY) truck arm's deal with TuSimple brings together a global automaker and a level 4 self-driving technology company to develop robotic big rigs for complete driverless operations.