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Zacks News
RENAULT (RNLSY) Moves to Strong Buy: Rationale Behind the Upgrade
by Zacks Equity Research
RENAULT (RNLSY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The Zacks Analyst Blog Highlights BYD, Tesla, Volkswagen, BMW and Renault
by Zacks Equity Research
BYD, Tesla, Volkswagen, BMW and Renault are part of the Zacks top Analyst Blog.
China Steps on the Gas to Become Top Auto Exporter in 2023
by Rimmi Singhi
China's ability to adapt to changing market dynamics, meet the demand for traditional gasoline-powered vehicles and expand its presence in electric and hybrid segments has solidified its position on the global stage.
General Motors (GM) to Dismiss 1,300 Workers in Michigan
by Zacks Equity Research
General Motors (GM) plans to trim its workforce in two Michigan plants as it ceases the production of Chevrolet Camaro and Chevrolet Bolt.
General Motors (GM) Cruise to Lay off 24% of Its Workforce
by Zacks Equity Research
Per CNBC, General Motors??? (GM) Cruise is set to lay off 900 employees, primarily in commercial operations and related corporate functions.
Tesla (TSLA) Recalls 2M Vehicles to Fix Autopilot Features
by Zacks Equity Research
Tesla (TSLA) recalls more than 2 million vehicles on U.S. roads to install new safeguards in their Autopilot system.
Penske (PAG) to Buy Rybrook Group in the United Kingdom
by Zacks Equity Research
Penske (PAG) signs a deal to acquire Rybrook Group Limited to expand its footprint in the United Kingdom.
Ford (F) Trims F-150 Lightning Production Target for 2024
by Zacks Equity Research
Per Automotive News, Ford (F) is set to slash its planned weekly production target of all-electric F-150 Lightning truck for 2024 to half amid slowing demand.
Here's Why Goodyear (GT) Makes for a Solid Investment Choice
by Zacks Equity Research
Goodyear's (GT) Cooper Tire buyout, forward transformation plan, strategic EMEA restructuring and leadership position in electric mobility are major tailwinds.
Here's Why You Should Retain Gentex (GNTX) Stock for Now
by Zacks Equity Research
Gentex (GNTX) is likely to gain from product launches, product mix, unique technology platforms and the adoption of value-added features. However, soaring operational expenses remain a headwind.