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Zacks News
CarMax (KMX) Q3 Earnings and Sales Top Estimates, Up Y/Y
by Zacks Equity Research
CarMax (KMX) delivers Q3 earnings beat on higher-than-anticipated revenues from the company's used and wholesale vehicles segment.
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.
EV Roundup: TM's Big Electrification Bet & NIO Day Event Take Center Stage
by Rimmi Singhi
While Toyota (TM) takes its e-mobility game a notch higher with a planned investment of 8 trillion yen by 2030, NIO generates buzz with the debut of the ET5 sedan at its annual day event.
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.
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.
SQM and GameStop have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
SQM and GameStop have been highlighted as Zacks Bull and Bear of the Day
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.
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.
Harley-Davidson (HOG) LiveWire to Go Public Amid EV Frenzy
by Rimmi Singhi
Harley-Davidson's (HOG) decision to spin off its electric Livewire unit into a public traded company via a SPAC merger is set to unlock fresh growth opportunities for its e-bike unit.
Has Harley-Davidson (HOG) Outpaced Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Here is how Harley-Davidson (HOG) and LKQ (LKQ) have performed compared to their sector so far this year.
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.
The Zacks Analyst Blog Highlights: Kohl's, Texas Pacific, Dillard's, Harley-Davidson, and HollyFrontier
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Kohl's, Texas Pacific, Dillard's, Harley-Davidson, and HollyFrontier
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.
5 Affordable Mid-Caps to Gain From a Likely Year-End Rally
by Nalak Das
We have narrowed our search to five mid-cap stocks that are currently available at deep discount. These are: KSS, TPL, HFC, HOG and DDS.
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.
ChargePoint Holdings (CHPT) Earnings Meet Estimates in Q3
by Zacks Equity Research
ChargePoint's (CHPT) third-quarter fiscal 2022 results reflect growth in subscription revenues as well as lower expenses.
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).