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Zacks News
STLA Finally Joins the EV Race: Is That Enough to Bet on the Stock?
by Rimmi Singhi
Stellantis (STLA) joins the EV party late and will take time to catch up with peers. Retain the stock in your portfolio for long-term rewards.
Volkswagen (VWAGY)-BMW (BAMXF) to Pay $1B Over Emission Scandal
by Zacks Equity Research
BMW (BAMXF) and Volkswagen (VWAGY) will pay a fine to the EC for forming a cartel to avoid competing on technology to restrict pollution from diesel cars.
Huawei Inks 4G Deal With Volkswagen: A Marriage of Convenience?
by Supriyo Bose
The transaction between Huawei and Volkswagen (VWAGY) is reportedly one of the largest of its kind in the automotive industry and marks a striking deal among all adversities between two struggling entities.
Daimler (DDAIF), Volkswagen (VWAGY) & Volvo Unite for EV Chargers
by Zacks Equity Research
The latest venture between Daimler (DDAIF), Volkswagen's (VWAGY) Traton and Volvo marks the coming together of three leading European truck makers to achieve their climate-neutral goals.
Auto Stock Roundup: VWAGY Closes Merger With Navistar, F Cuts Production & More
by Rimmi Singhi
While Volkswagen (VWAGY) closes merger with Navistar in a deal worth $3.7 billion, Ford (F) enforces production cuts in several North American factories amid chip crunch.
US Q2 Sales Continue to Forge Ahead Despite Inventory Dearth
by Pooja Dhona
While U.S. car sales continue to shoot up, the lean inventory at dealerships is cooling down the pace of the auto industry's recovery.
Volkswagen AG (VWAGY) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Volkswagen AG (VWAGY) closed the most recent trading day at $33.32, moving -0.1% from the previous trading session.
Volkswagen's (VWAGY) TRATON Completes Merger With Navistar
by Zacks Equity Research
Volkswagen's (VWAGY) trucks arm TRATON's merger with Navistar enables the former to secure a strong foothold in the U.S. heavy-truck market and positions it better than European peers.
Volkswagen AG (VWAGY) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Volkswagen AG (VWAGY) closed at $33.35 in the latest trading session, marking a +1.43% move from the prior day.
Ford's (F) Credit Arm Retreats From South America, Charged $375M
by Zacks Equity Research
Ford's (F) latest decision showcases the support provided by its credit arm to achieve the massive revamp of its South American operations.
Forget WKHS, Tap These 3 Non-Meme Stocks to Play the EV Boom
by Rimmi Singhi
Workhorse (WKHS) is caught up in the meme craze and should be avoided. Instead, investing in legacy automakers like GM, F and VWAGY to ride the EV wave is likely to reap handsome long-term gains.
Renault (RNLSY) Bets on Electric Future, Inks Deals for EV Battery
by Zacks Equity Research
Renault's (RNLSY) alliances with Envision and Verkor will enhance the automaker's position in Europe and help achieve its vow of production of 1 million EVs in Europe by 2030.
Auto Stock Roundup: CNHI-Raven Deal, KMX and WGO's Earnings & More
by Rimmi Singhi
While CNH Industrial's (CNHI) decision to buy Raven Industries makes headlines, CarMax (KMX) and Winnebago's (WGO) solid quarterly results impress investors.
Tesla (TSLA) Grows Solar Arm, Opens Solar Charging Station in China
by Zacks Equity Research
The new solar-powered super-charging station in Tibet reflects Tesla's (TSLA) values on environmental protection and sustainable energy utilization.
General Motors (GM), Shell Join Forces for Renewable Energy Products
by Zacks Equity Research
General Motors' (GM) partnership with Shell showcases how the two companies can together achieve their corporate emission goals.
Will Ford (F) Spin's Latest E-Bike be Able to Win Customers' Hearts?
by Zacks Equity Research
The launch of S-100T marks Ford (F)-backed Spin's latest effort to electrify its fleet and enhance foothold in the two-wheeler market.
Volkswagen AG (VWAGY) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Volkswagen AG (VWAGY) closed at $33.87 in the latest trading session, marking a -1.54% move from the prior day.
Should You Buy the Dip in QuantumScape (QS) or Avoid Exposure?
by Rimmi Singhi
With QuantumScape (QS) still years away from scaling up; high short interest and tough competition, we prefer to adopt a wait-and-see approach, all the more because it is yet to deliver on its claims.
BlackBerry (BB) Exhibits QNX Strength With Increased Deployments
by Zacks Equity Research
BlackBerry's (BB) QNX software gets deployed in more than 195 million vehicles, per a study by Strategy Analytics. Markedly, the development shows its resilience in the automotive industry.
The Merging Worlds of Auto Industry and Technology Firms
by Pooja Dhona
With future cars incorporating electric, combined with autonomous, as well as integrated with connectivity, one can expect tech companies to dominate the automotive landscape in the times to come.
Ford (F) to Acquire Electriphi, Projects EBIT to Rise Y/Y in Q2
by Zacks Equity Research
Ford's (F) acquisition of Electriphi is the automaker's latest effort to make the transition to EVs seamless for commercial customers and provide a one-stop solution for fleet-depot charging.
Volkswagen AG (VWAGY) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, Volkswagen AG (VWAGY) closed at $34.85, marking a +0.09% move from the previous day.
Ford's (F) Lincoln to Step Up Brand Revamp, Go Full Electric by 2030
by Zacks Equity Research
The latest announcement by Lincoln is part of Ford's (F) new restructuring plan -- Ford Plus -- which targets spending more than $30 billion on EVs by 2025.
General Motors (GM) to Recall 282K+ Cars Over Flawed Airbag Light
by Zacks Equity Research
General Motors (GM) will resolve the malfunction in the affected vehicles through a software update to be done free of charge.
Volkswagen AG (VWAGY) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Volkswagen AG (VWAGY) closed the most recent trading day at $36.21, moving +0.58% from the previous trading session.