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Zacks News
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.
Nissan (NSANY) to Pull the Plug on Sedan Development in Home Market
by Zacks Equity Research
The latest news to halt sedan development in Japan is in line with Nissan's (NSANY) vision to trim its model count by roughly a fifth by the fiscal year ending March 2024.
New Strong Sell Stocks for June 10th
by Zacks Equity Research
AREC, RNLSY, and SWTX have been added to the Zacks Rank #5 (Strong Sell) List on June 10, 2021.
Auto Stock Roundup: BWA and SMP's Buyout Updates, AAP's Q1 Earnings & More
by Rimmi Singhi
BorgWarner (BWA) and Standard Products (SMP) have boosted their portfolios with the buyouts of AKASOL and Trombetta, respectively. Meanwhile, Advance Auto Parts (AAP) posts solid Q1 earnings.
Renault (RNLSY) & Power Plug Form Hydrogen Mobility JV in Europe
by Zacks Equity Research
Renault's (RNLSY) latest joint venture with Power Plug will pioneer the development of the state-of-the-art hydrogen technology, strengthening its market share in the LCV sector in Europe.
Volkswagen's (VWAGY) ID.3 Triumphs European EV Sales in October
by Zacks Equity Research
Volkswagen (VWAGY) envisions building a purely-battery enabled car in Europe that will be cheaper than ID.3, available at a price of 20,000-25,000 euros.
European Car Sales Rebound Falters, Outlook Remains Muted
by Rimmi Singhi
LMC Automotive forecasts sales in Europe to decline 22% year over year to 16.2 million vehicles in 2020.
Zacks Industry Outlook Highlights: Daimler, BMW, Fiat and Renault
by Zacks Equity Research
Zacks Industry Outlook Highlights: Daimler, BMW, Fiat and Renault
4 Stocks to Capitalize on Promising Foreign Auto Industry
by Anup Sadhu
Auto sales growth in China and rising demand of EVs amid climate change concerns are fueling the Zacks Foreign Auto industry's prospects. Industry players including Daimler (DDAIF), BMW (BAMXF), Fiat Chrysler (FCAU) and Renault (RNLSY) seem lucrative bets.
Nissan Secures $7.8B Funding to Fight Coronavirus Woes
by Zacks Equity Research
The $7.8-billion funding from creditors is set to help finance Nissan's (NSANY) liquidity requirements for countering the rising uncertainties related to the coronavirus crisis.