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Zacks News
NIO, XPeng (XPEV), LI Auto (LI) Issue August Delivery Updates
by Zacks Equity Research
NIO, XPeng (XPEV) & Li Auto (LI) report August delivery updates. While NIO & XPeng see a rise of 81.6% and 33%, respectively, Li sees a 51% fall year over year. On a monthly basis NIO records a rise.
Ford (F), General Motors (GM) Recall Nearly 398K Vehicles in US (Revised)
by Zacks Equity Research
Ford (F) and General Motors issue recall of Lincoln Continental and some F-Series trucks, and Chevrolet Spark, respectively, over safety concerns in the U.S.
Ford (F), General Motors (GM) Recall 134K+ Vehicles in US
by Zacks Equity Research
Ford (F) and General Motors issue recall of Lincoln Continental and some F-Series trucks, and Chevrolet Spark, respectively, over safety concerns in the U.S.
Toyota (TM) to Invest $2.5B More in North Carolina for Batteries
by Zacks Equity Research
Toyota's (TM) investment of an additional $2.5 billion in the North Carolina facility will ramp up battery development. It also pledges $5.6 billion for U.S. and Japan for electrification efforts.
Tesla (TSLA) Fully Self-Driven Cars to Hit US, Europe by 2022-End
by Zacks Equity Research
Tesla (TSLA) plans to launch complete self-driven cars in the US and Europe by 2022-end. The cars can be used as a ride-hailing service when not used by owners to fetch extra income for them.
Cummins (CMI), Versatile Brand Partner Over Hydrogen Engines
by Zacks Equity Research
Cummins (CMI) collaborates with Buhler Industries under the Versatile brand to integrate the 15-liter hydrogen engines into the latter's equipment to aid its de-carbonization moves in agriculture.
Ford (F) to Work on 2nd Electric Truck After F-150 Lightning
by Zacks Equity Research
Ford (F) is gearing up for another electric truck, different from the F-150 pickup. It is anticipated to come to market in 2025, with retail buyers as its main target group.
Mercedes-Benz (MBGAF) Starts Producing 2023 EQ Range in the US
by Zacks Equity Research
Mercedes-Benz Group (MBGAF) to launch a stellar range of EQ vehicles in the United States. Also, its EQS SUV becomes Mercedes' first EV to be produced on U.S. soil.
Should Value Investors Buy LCI Industries (LCII) Stock?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Honda (HMC) Might Decouple China Supply Chain Over Output Snarl
by Zacks Equity Research
Due to supply snags in China, Honda (HMC) considers forming a separate supply chain outside the country to ensure stable production. It will maintain its domestic supply chain within the country.
3 Reasons Why LCI (LCII) Is a Great Growth Stock
by Zacks Equity Research
LCI (LCII) could produce exceptional returns because of its solid growth attributes.
Toyota (TM) Gives Consent to California's Own Emission Standards
by Zacks Equity Research
Toyota (TM) accepts California's authority to set its own vehicle emission standards, reversing its support to the Trump government that stripped the state of its power.
Ford (F) to Cut 3K Jobs Amid Restructuring & Cost Discipline
by Zacks Equity Research
Ford (F) announces workforce downsizing by almost 3,000 as part of cost reduction efforts and restructuring plan that focuses on shifting to an EV-defined future that reduces dependency on labor.
Ford (F) Gets $1.7B Penalty for Faulty F-250 Trucks Fatalities
by Zacks Equity Research
Ford (F) incurs hefty penalty fee of $1.7 billion for two fatalities arising from a 2014 rollover accident of its F-250 truck with a malfunctioning roof.
Tesla (TSLA) to Bring Supercharger Network to US Non-Tesla Owners
by Zacks Equity Research
Tesla (TSLA) to launch Supercharging network in the US and offer it to non-Tesla owners to encourage the transition to battery power. Production is to begin later this year.
Are Investors Undervaluing LCI Industries (LCII) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cummins (CMI) Q2 Earnings & Sales Beat Estimates, Rise Y/Y
by Zacks Equity Research
Cummins (CMI) registers robust growth in its top and bottom lines in second-quarter 2022. Sales across all segments except the Components unit increase year over year.
LCI (LCII) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
LCI (LCII) delivered earnings and revenue surprises of 17.21% and 9.87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Group 1 (GPI) Q2 Earnings & Sales Beat Estimates, Rise Y/Y
by Zacks Equity Research
Group 1 (GPI) put up an impressive performance in second-quarter 2022, with both the top and bottom lines registering robust year-over-year growth. Sales also rise across all of its business units.
Magna's (MGA) Q2 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Magna's (MGA) bottom line significantly declines year over year. Adjusted EBIT sees the negative impact of chip woes and high costs. A quarterly dividend of 45 cents is declared.
CNH Industrial (CNHI) Q2 Earnings Beat, Declares $300M Buyback
by Zacks Equity Research
CNH Industrial's (CNHI) bottom line increases year over year. Segment revenues, income and EBIT see growth. The company announces a $300 million share buyback.
Here Is Why Bargain Hunters Would Love Fast-paced Mover LCI (LCII)
by Zacks Equity Research
LCI (LCII) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Asbury's (ABG) Record Q2 Earnings and Sales Beat Estimates
by Zacks Equity Research
Asbury (ABG) reports all-time high EPS in the second quarter. The top and bottom lines see robust year-over-year growth.
Sonic's (SAH) Earnings Miss Estimates in Q2, Revenues Up Y/Y
by Zacks Equity Research
Sonic's (SAH) bottom line shrinks year over year while its top line sees growth. EchoPark segment reports record quarterly revenues, with growth of 12% from a year ago.
Harley-Davidson (HOG) Q2 Earnings Beat, Sales Shrink Y/Y
by Zacks Equity Research
Harley-Davidson's (HOG) bottom line registers year-over-year growth, but top line falls in second-quarter 2022. Revenues from its major business unit, Motorcycles and Related Products, shrink.