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Zacks News
Auto Biggies Sidestep Trump, Seal Emissions Deal With CARB
by Rimmi Singhi
The voluntary pact among five major automakers and CARB is made enforceable. Per the deal, the firms are set to comply with tough emission rules, outstripping Trump's weaker curbs on tailpipe pollution.
General Motors (GM) Jumps: Stock Rises 7.7%
by Zacks Equity Research
General Motors (GM) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
Will CARZ ETF Gain Despite Mixed Auto Earnings?
by Sweta Jaiswal, FRM
Let's take a look at the impact of major automakers' earnings releases on automobile ETFs amid the coronavirus crisis.
The Zacks Analyst Blog Highlights: Analog Devices, General Motors, QUALCOMM, Regeneron Pharmaceuticals and Lam Research
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Analog Devices, General Motors, QUALCOMM, Regeneron Pharmaceuticals and Lam Research
Auto Stock Roundup: TSLA Stock Split, Ford Recalls, NIO's Q2 Show & More
by Rimmi Singhi
Tesla (TSLA) announces a 5-for-1 stock split, NIO comes up with stunning second-quarter results and Ford (F) issues three safety recalls in North America for multiple defects.
Automakers Put Pedal to the Metal With Digital Sales
by Rimmi Singhi
Automakers' race to invest vast sums on the e-commerce platform is likely to gather steam and aid businesses to reach new heights.
General Motors 2023 Cadillac Lyriq to be Priced Below $60K
by Zacks Equity Research
General Motors' (GM) latest model, the Lyriq, will be rolled out in late 2022 and is expected to have 300 miles of expected range on a full charge based on Cadillac testing.
Ford (F) Recalls 562,638 Vehicles Over Multiple Defects
by Zacks Equity Research
Ford (F) issues three safety recalls in North America over braking, coil spring and connectivity issues.
S&P 500 Sees Best 100-Day Gain Since 1933: 5 Winners
by Tirthankar Chakraborty
With the S&P 500 notching its best 100-trading day gain since 1933, it will be wise to invest in stocks listed on the index that have not only gained in the said period but also have more upside left.
Is Tesla (TSLA) Eyeing More Upside With Stock-Split Decision?
by Zacks Equity Research
Tesla's (TSLA) move to split its premium valued stock into smaller chunks is going to make its shares more accessible to retail investors.
Goldman Sachs Bids for General Motors' Credit Card Business
by Zacks Equity Research
Goldman's (GS) focus on bolstering its consumer-banking business is expected to support long-term growth.
General Motors to Continue Building Ventilators With Ventec
by Zacks Equity Research
General Motors (GM) and Ventec are on track to close the government contract of building 30,000 ventilators by the end of August.
China Auto Market Gains Traction, EV Sales Snap 12-Month Slump
by Rimmi Singhi
Auto sales in China log the fourth straight month of year-over-year growth in July. Further, EV sales witness the first monthly gain after 12 months of decline.
Factors to Decide the Fate of Strattec (STRT) in Q4 Earnings
by Zacks Equity Research
Low sales amid reduction of production schedules and closure of factories might adversely impact Strattec Security's (STRT) fiscal Q4 results. Cost-cut efforts are likely to have offered some respite.
Auto Stock Roundup: GM, F & HOG Post Q2 Loss, ORLY Delivers Earnings Beat
by Zacks Equity Research
While Harley-Davidson (HOG), General Motors (GM) and Ford (F) post dismal year-over-year Q2 results, O'Reilly (ORLY) manages to put up an impressive show despite coronavirus woes.
Stock Market News for Jul 30, 2020
by Zacks Equity Research
Benchmarks closed higher on Wednesday as investors cheered news that the Federal Reserve has left benchmark interest rates unchanged near zero, along with rally in tech stocks and upbeat quarterly earnings report.
Big Tech Goes to Capitol Hill; Plus Q2 from BA, GE, SPOT & More
by Mark Vickery
What we may be seeing today is a preview of concerns of progressive lawmakers regarding anti-trust measures.
Earnings Data Deluge
by Zacks Equity Research
Earnings Data Deluge
General Motors (GM) Posts Narrower-Than-Expected Loss in Q2
by Zacks Equity Research
While General Motors (GM) posts a narrower-than-expected loss in Q2, revenues miss estimates
Auto Stocks' Earnings Roster for Jul 30: GM, GPC, LKQ & More
by Zacks Equity Research
Overall second-quarter 2020 earnings and revenues for the auto sector are projected to be down a whopping 228.1% and 47.7%, year over year, respectively.
Auto Stock Roundup: TSLA & LAD Beat on Q2 Earnings, GNTX Posts Disappointing Results
by Zacks Equity Research
Quite unexpectedly, Tesla (TSLA) posts a profit in the second quarter of 2020. While Lithia (LAD) tops earnings estimates, Gentex (GNTX) puts up a dismal show in Q2.
5 Auto Stocks Poised to Beat on Q2 Earnings Amid Coronavirus Woes
by Zacks Equity Research
Overall Q2 earnings and revenues for the auto sector projected to slump 228.1% and 47.7% year over year.
What's in Store for General Motors (GM) This Earnings Season?
by Zacks Equity Research
While low vehicle sales amid waning consumer demand and soft economic conditions might have hurt General Motors' (GM) Q2 performance, solid cost-containment efforts are likely to have offered respite.
PACCAR (PCAR) to Report Q2 Earnings: What's in the Offing?
by Zacks Equity Research
PACCAR's (PCAR) lower orders for Class 8 trucks are likely to have dented revenues during the second quarter.
Will Rising Deliveries Drive Tesla's (TSLA) Q2 Earnings?
by Zacks Equity Research
Rise in Tesla's (TSLA) deliveries likely to have aided the company's earnings in Q2.