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Zacks News
Goodyear (GT) to Recall 173K 20-Year-Old Inefficient RV Tires
by Zacks Equity Research
Goodyear (GT), led by mounting pressure from the NHTSA, announces a recall of 2-decade old 173,000 G159 RV tires that have been causing serious troubles in the operation of RVs.
Mercedes (DDAIF) Recalls Nearly 1M Vehicles Over Braking Hitch
by Zacks Equity Research
Mercedes (DDAIF) issues a recall impacting nearly 1 million vehicles, including SUVs and minivans on a potential braking problem that may lead to accidents.
Mazda (MZDAY) to Make Factories Carbon Neutral Globally by 2035
by Zacks Equity Research
Mazda (MZDAY) commits to transforming into carbon-neutral factories worldwide by 2035. It has a plan to make its supply chain completely sustainable by 2050.
General Motors' (GM) Cruise Gets Nod for Commercial Robot Taxis
by Zacks Equity Research
General Motors' (GM) driver-less unit Cruise gets approval from California Public Utilities Commission for commercial driverless robot taxi rides in San Francisco.
Stellantis (STLA) Inks Deal With CTR for Lithium Hydroxide Supply
by Zacks Equity Research
Stellantis (STLA) and Controlled Thermal Resources partner for lithium hydroxide from CTR for STLA's BEVs to aim for sustainability.
Ford (F) to Invest $3.7B, Add 6.2K-Plus UAW Jobs in 3 States
by Zacks Equity Research
Ford (F) plans to invest $3.7 billion and create over 6,200 new UAW jobs in Ohio, Missouri and Michigan. The initiatives are part of the company's Ford+ growth strategy.
Standard Motor Products (SMP) Down 3.9% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Standard Motor Products (SMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Nissan (NSANY) Halts New Orders for Ariya SUV on Supply Issues
by Zacks Equity Research
Nissan (NSANY) announces a pause in further orders of its Ariya SUV due to supply chain challenges that have been ongoing in Japan in the light of a recent spike in COVID-19 infections.
Here's Why You Should Buy Group 1 (GPI) Stock Right Now
by Zacks Equity Research
Group 1 (GPI) gains on its omni-channel business, acquisitions and strong segmental sales growth.
General Motors (GM), POSCO to Invest in Quebec Battery Unit
by Zacks Equity Research
General Motors (GM) inks deal with POSCO to work on a joint cathode battery venture in Quebec to get supply of the core EV component.
Malibu Boats and Align Technology have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Malibu Boats and Align Technology have been highlighted as Zacks Bull and Bear of the Day.
US Vehicles Average Age Rises to 12.2 Years: 3 Stocks to Watch
by Rimmi Singhi
The longevity of vehicles will act as a tailwind for auto replacement parts companies like Genuine Parts (GPC), LKQ Corp. (LKQ) and Standard Motor (SMP).
Stellantis (STLA) Puts Bold Foot Forward in the EV Space
by Zacks Equity Research
Stellantis' (STLA) plans for battery plants in the United States and Canada promise it a big boost in the electrification domain with a target investment of $35 billion through 2025.
Are Investors Undervaluing Standard Motor Products (SMP) 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.
AutoZone (AZO) Q3 Earnings & Sales Trump Estimates, Rise Y/Y
by Zacks Equity Research
AutoZone (AZO) exits Q3 with 6,115 stores in the United States, 673 in Mexico and 58 in Brazil.
Advance Auto (AAP) Beats on Q1 Earnings, Ups '22 EPS View
by Zacks Equity Research
Advance Auto (AAP) now envisions adjusted EPS in the band of $13.30-$13.85, up from the previously guided range of $13.20-$13.75.
Meritor's (MTOR) Siemens Unit Buyout to Boost Electric Solutions
by Zacks Equity Research
Meritor (MTOR) inks deal to take over Siemens' Commercial Vehicles unit for 190 million pound. The agreement looks to bolster Meritor's electrified portfolio.
Lear's (LEA) IGB Buyout to Bolster Thermal Comfort Offerings
by Zacks Equity Research
Lear (LEA) announces the acquisition of I.G. Bauerhin for 140 million pound. The deal seeks to bring Lear closer to the top-notch providers of thermal comfort solutions.
Ford's (F) 3 Recalls on Separate Issues Impact 350K+ Vehicles
by Zacks Equity Research
Ford (F) issues 3 separate recalls for 350,000 vehicles covering 39K vehicles over issues of engine fire risk, 310K vehicles over airbags and 464 vehicles over software.
Lear's (LEA) Buyout of Thagora to Enhance Productivity
by Zacks Equity Research
Lear's (LEA) acquisition of Thagora Technology is set to boost its sustainable production process by lowering the usage of scrap and energy.
Copart (CPRT) Q3 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Copart (CPRT) reports robust earnings and revenues in the third quarter of fiscal 2022. It witnesses strength in sales across segments.
Tesla (TSLA) Delays Shanghai Gigafactory Ramp Up to Next Week
by Zacks Equity Research
Tesla (TSLA) is delaying the production ramp-up at its Shanghai Gigafactory by a week on account of worker accommodation issues in the closed-loop shift.
Mercedes (DDAIF) Issues Recall of SUVs Over Inefficient Braking
by Zacks Equity Research
Mercedes (DDAIF) announces a massive recall of nearly 30K SUVs of the 2006-2012 model years over an issue related to the braking system that can lead to complete brake failure if left un-repaired.
After Plunging 9.7% in 4 Weeks, Here's Why the Trend Might Reverse for Standard Motor Products (SMP)
by Zacks Equity Research
Standard Motor Products (SMP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Cummins (CMI), Daimler Truck Tie Up for Hydrogen Fuel Cell Trucks
by Zacks Equity Research
Cummins (CMI) and Daimler Truck collaborate to make hydrogen fuel cell powertrain easily accessible to customers in an effort to move into carbon-neutral transportation.