Author: Yarhow_Finance Online News

Auto Roundup: GM’s Unfulfilled Robotaxi Dreams, AZO Q1 Earnings & More

The China Passenger Car Association has released vehicle sales data for November. China’s retail sales of passenger vehicles were up 16.5% year over year to more than 2.4 million units. Retail sales of passenger vehicles in the first 11 months of 2024 increased 4.4% year over year. Sales of new energy vehicles in the country… Continue reading Auto Roundup: GM’s Unfulfilled Robotaxi Dreams, AZO Q1 Earnings & More

3 Original Equipment Stocks to Watch Amid Weak Industry Backdrop

The Zacks Automotive – Original Equipment Industry is grappling with demand woes, primarily due to a year-over-year decline in light vehicle production forecast. The industry participants are also dealing with high R&D costs, rising capex and supply chain challenges. However, acquisitions, collaborations, new business wins and cost reduction drives are helping some industry players like… Continue reading 3 Original Equipment Stocks to Watch Amid Weak Industry Backdrop

Aptiv shares jump on plan to separate electrical distribution systems business

By Nathan Gomes (Reuters) -Aptiv said on Wednesday it would separate its electrical distribution systems (EDS) business into a new company, as it looks to focus on its advanced driver-aid technology, sending shares of the auto parts supplier up 5%. The move comes as the Dublin-based company takes extra steps to boost profitability, after cutting… Continue reading Aptiv shares jump on plan to separate electrical distribution systems business

Investors Heavily Search Aptiv PLC (APTV): Here is What You Need to Know

Aptiv PLC (APTV) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this company have returned +6% over the past month versus the Zacks S&P 500 composite’s -2.8% change.… Continue reading Investors Heavily Search Aptiv PLC (APTV): Here is What You Need to Know

DOW, JLR & Adient Develop Closed-Loop Polyurethane Foam Seats

Dow Inc. DOW recently announced that JLR has made a significant technical advance in the closed-loop recycling of polyurethane seat foam from used vehicles, successfully reintegrating it into the production of new seats.  This is the first time closed-loop seat foam content has been effectively employed in car production, owing to a collaboration between Dow’s… Continue reading DOW, JLR & Adient Develop Closed-Loop Polyurethane Foam Seats

Are Options Traders Betting on a Big Move in Adient (ADNT) Stock?

Investors in Adient plc ADNT need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $17.5 Call had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future.… Continue reading Are Options Traders Betting on a Big Move in Adient (ADNT) Stock?

New Strong Sell Stocks for November 15th

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Adient plc ADNT is an automotive seating systems company. The Zacks Consensus Estimate for its current year earnings has been revised 14.9% downward over the last 60 days. Advanced Drainage Systems, Inc. WMS is a water management solutions company. The Zacks… Continue reading New Strong Sell Stocks for November 15th

Goodyear: Q4 Earnings Snapshot

AKRON, Ohio (AP) — AKRON, Ohio (AP) — The Goodyear Tire & Rubber Co. (GT) on Thursday reported fourth-quarter earnings of $76 million. The Akron, Ohio-based company said it had profit of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 39 cents per share. The results matched Wall Street expectations. The average… Continue reading Goodyear: Q4 Earnings Snapshot