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Zacks News
Volkswagen Intends to Build 10M Electric Cars in MEB Platform
by Zacks Equity Research
Volkswagen's (VLKAY) plan to manufacture 10 million e-cars is in sync with its targets of starting the global mass production of electric cars toward the end of 2022.
Johnson Controls to Finalize Bidders for Sale of Power Unit
by Zacks Equity Research
Johnson Controls (JCI) moves forward with the decision to sell the power solutions business. Two bidders for the buyout will be shortlisted soon.
AutoZone (AZO) Q4 Earnings Top Estimates, Revenues In Line
by Zacks Equity Research
During the fourth quarter of fiscal 2018, AutoZone (AZO) opens 78 stores and relocates four in the United States.
WABCO (WBC) Signs $660M Business Contracts With Global OEMs
by Zacks Equity Research
WABCO (WBC) strengthens its position as a global leader for braking control systems by signing $660 million contracts with companies across Europe, the United States and Asia-Pacific.
Utilities, Autos Power Industrial Production: 5 Top Picks
by Swarup Gupta
Utilities output advanced 1.2%, acting as one of the primary catalysts for the increase in overall output.
CNH Industrial's IVECO BUS to Supply 141 Urbanways in Belgium
by Zacks Equity Research
CNH Industrial's (CNHI) IVECO BUS to deliver 141 hybrid buses to Brussels public transport operator. This is likely to enable STIB-MIVB to expand bus network operation by using sustainable vehicles.
Harley (HOG) to Gain From Launches, Facility Shift a Woe
by Zacks Equity Research
Harley (HOG) to gain from product portfolio expansion. However, shifting manufacturing location is likely to increase costs.
Genuine Parts and Essendant Merger Deal Under Notice
by Zacks Equity Research
Genuine Parts (GPC) receives an agreement termination notice from Essendant. After a three-day match period, the merger agreement is going to end.
BorgWarner Unveils Dual Volute Turbocharger for Light Vehicles
by Zacks Equity Research
BorgWarner (BWA) introduces dual volute turbocharger for gasoline engines in light-duty vehicles.
Toyota (TM) to Resume Production at Domestic Assembly Lines
by Zacks Equity Research
After a week of vehicle production halt, owing to Japan's earthquake, Toyota (TM) to restart production at its domestic assembly plants from Thursday.
Allison Transmission (ALSN) Hits Fresh High: Is There Still Room to Run?
by Zacks Equity Research
Allison Transmission (ALSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
US August Auto Sales Encouraging: ETF & Stocks in Focus
by Sweta Killa
Auto sales in August are expected to rise 1.2% and 0.8%, respectively, per Edmunds.com and Cox Automotive.
Toyota (TM) Recalls 1M Prius & C-HR Units Over Wiring Issue
by Zacks Equity Research
Toyota (TM) recalls more than 1 million Prius and C-HR compact crossover cars due to faulty engine wire harness.
Daimler's (DDAIF) Mercedes-Benz Introduces First Electric SUV
by Zacks Equity Research
With an aim to launch 10 variants of EVs by 2022, Daimler's (DDAIF) Mercedes-Benz unveils its first fully electric crossover SUV, EQC.
CNH Industrial Gains on Robust Demand, Better Product Pricing
by Zacks Equity Research
CNH Industrial's (CNHI) revenues witness gains across all major segments, driven by better product pricing and improving product demand.
Honda (HMC) Relaunches CR-V in Japan to Reclaim Position
by Zacks Equity Research
With rising demand for SUVs, Honda (HMC) reintroduces CR-V sport utility vehicles at its home market.
Why Is Allison Transmission (ALSN) Up 4.8% Since Last Earnings Report?
by Zacks Equity Research
Allison Transmission (ALSN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
O'Reilly (ORLY) Gains on Store Expansion, Favorable Weather
by Zacks Equity Research
Store openings help O'Reilly (ORLY) to expand in existing and new markets. Further, better weather conditions drive sales.
Toyota (TM) to Extend Alliance With Uber & Invest $500M
by Zacks Equity Research
Toyota (TM) to invest $500 million in Uber to strengthen the existing partnership for launching its autonomous ride-sharing as a mobility service in the market.
Nissan (NSANY) Initiates Production of E-Sedan for China
by Zacks Equity Research
Nissan (NSANY) starts the production of its Sylphy Zero Emission vehicle to attract Chinese customers.
Copart (CPRT) Reports Adding Location at South Carolina
by Zacks Equity Research
Copart (CPRT) adds another location at Spartanburg, SC, to support vehicle remarketing needs in northwestern South Carolina.
Is Allison Transmission Holdings (ALSN) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
by Zacks Equity Research
Is (ALSN) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Allison Transmission (ALSN) Soars to 52-Week High, Time to Cash Out?
by Zacks Equity Research
Allison Transmission (ALSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Oshkosh's (OSK) Product Demand Increases With Robust Economy
by Zacks Equity Research
A recovering economy leads to an increased product demand across all the segments of Oshkosh (OSK), thus, driving the company's financials.
Nissan (NSANY) to Augment Vehicle Production in China by 40%
by Zacks Equity Research
With an aim to gain the majority of market share in China, Nissan (NSANY) plans to expand the production capacity in China by investing $900 million over the next few years.