Latest news with #CYD
Yahoo
06-05-2025
- Automotive
- Yahoo
Why China Yuchai International Limited (CYD) Is Surging in 2025
We recently published an article titled Why These 15 Vehicles & Parts Stocks Are Surging In 2025. In this article, we are going to take a look at where China Yuchai International Limited (NYSE:CYD) stands against the other vehicles and parts stocks. Certain automotive companies have held up surprisingly well in the current environment, and that's especially true with companies that supply automotive parts. The high interest rate regime was supposed to crush automotive companies across the board, and early tariffs specifically targeted countries that produced the most automotive parts for the U.S. Even then. These stocks have done well since high interest rates have made it difficult for low-income consumers to buy new cars. Instead, they have opted for repairing their existing vehicles, which has been a tailwind for automotive parts companies for the past two years. The average age of vehicles was already at a record 12.6 years in 2024, so this tailwind isn't going away anytime soon. Customers who have higher incomes have kept on buying new vehicles. It is mostly because of them that consumer spending has held up across the board. Here are the biggest winners from this trend. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified 15 Financial Services Stocks that are up the Most in 2025 in another article. Methodology For this article, I screened the best-performing vehicles & parts stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Why China Yuchai International Ltd (CYD) Is Skyrocketing So Far In 2025? A worker in a factory suit inspecting the components of a diesel engine. China Yuchai International Limited (NYSE:CYD) Number of Hedge Fund Holders In Q4 2024: 6 China Yuchai International Limited (NYSE:CYD) is a holding company primarily engaged in manufacturing, assembling, and selling engines through its main subsidiary. The company reported its financial results for the second half and full year of 2024 on February 25, 2025. While revenue for the second half of 2024 was slightly down compared to the same period in 2023 at RMB 8.8 billion, gross profit increased by 14.3% to RMB 1.4 billion.
Yahoo
11-04-2025
- Automotive
- Yahoo
Tesla Introduces New Cybertruck at $70,000 Amid Sluggish Demand
Tesla, Inc. TSLA has officially introduced a new rear-wheel-drive (RWD) version of the Cybertruck in the United States and Mexico at $70,000. This new model is more expensive than the previously announced RWD model and lacks many features, but it offers increased range. Tesla confirmed that the vehicle comes with a single RWD motor and a driving range of 350 miles, more than the previously announced version with a range of 250 miles. This suggests that it likely uses the same battery pack as the Dual Motor and Cyberbeast variants. Initially, it was unclear if this version was intended for the Middle East or would replace the previously announced $62,000 RWD model. Now, Tesla has added the Cybertruck Long Range RWD to its online configurator for customers of the United States and Mexico. Before the incentive, it starts at $70,000, which is $9,000 more than the earlier RWD version, but offers an additional 100 miles of range. This variant is also $10,000 cheaper than the Dual Motor model. However, the new RWD variant comes with several trade-offs. It drops the second motor and powered tonneau. Soft tonneau is available at $750, which boosts the range to 362 miles. It also drops the adaptive suspension, rear lightbar, rear screen and even the truck bed's power outlets, per Tesla's website. The new variant's deliveries are expected to begin in June. Tesla's Cybertruck is facing a tough start in 2025. Per Cox Automotive, the company delivered 6,406 units in the first quarter. While the deliveries are twice the number it made in the year-ago period, the figure is significantly down from the 14,416 and 12,991 units sold in the third and fourth quarters of 2024, respectively. The EV giant is facing multiple challenges that include several recalls and rising material costs due to potential tariffs on steel, aluminum and imported parts. These factors, combined with sluggish demand, have left Tesla with about 2,400 unsold Cybertrucks in inventory, per Jalopnik. The broader auto market is also under pressure. Tariff-related cost increases are expected to drive up vehicle prices significantly, with Goldman Sachs recently cutting its U.S. auto sales forecast for 2025 by 1 million units to 15.4 million. TSLA carries a Zacks Rank #3 (Hold) at better-ranked stocks in the auto space are China Yuchai International Limited CYD, Suzuki Motor Corporation SZKMY and Strattec Security Corporation STRT, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for CYD's 2025 sales and earnings indicates year-over-year growth of 9.17% and 36.84%, respectively. EPS estimates for 2025 have improved 25 cents in the past 60 Zacks Consensus Estimate for SZKMY's 2025 sales and earnings implies year-over-year growth of 8.59% and 48.43%, respectively. EPS estimates for 2025 and 2026 have improved 56 cents and 39 cents, respectively, in the past 60 Zacks Consensus Estimate for STRT's 2025 sales indicates year-over-year growth of 2.61%. EPS estimates for 2025 and 2026 have improved 91 cents and $1.06, respectively, in the past 60 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report Strattec Security Corporation (STRT) : Free Stock Analysis Report Suzuki Motor (SZKMY) : Free Stock Analysis Report China Yuchai International Limited (CYD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
