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Zacks News
Volkswagen, Daimler, and BMW to Upgrade 5 Million Diesel Cars
by Megan Sanks
Volkswagen (VLKAY), Daimler (DDAIF), and BMW (BAMXF) have agreed to upgrade 5 million diesel cars in Germany to salvage their companies from emissions scandals and save their diesel technology.
Cummins (CMI) Q2 Earnings Lag Estimates, Guidance Improve
by Zacks Equity Research
Cummins' (CMI) Q2 earnings miss estimates due to high warranty costs. However, revenues top the same owing to an improved product demand.
Standard Motor (SMP) Q2 Earnings Miss Estimates, Down Y/Y
by Zacks Equity Research
Decline in revenues at the Temperature Control and All Other segments impact Standard Motor's (SMP) Q2 earnings.
Honda (HMC) Drives Past Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Rise in the sales revenues in all segments help Honda's (HMC) Q1 earnings.
American Axle (AXL) Q2 Earnings Beat Estimates, Gain Y/Y
by Zacks Equity Research
American Axle's (AXL) Q2 earnings beat estimates, along with a positive year-over-year improvement. However, the top line misses the revenue estimates by a narrow margin.
Lithia Motors' (LAD) Q2 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Lithia Motors' (LAD) strong Q2 results aided by recent acquisition of Baierl Auto Group.
Sonic Automotive (SAH) Q2 Earnings & Revenues Miss Estimates
by Zacks Equity Research
Decline in revenues from total new vehicles sales impacted Sonic Automotive (SAH) Q2 results.
Tenneco (TEN) Earnings and Revenues Beat Estimates in Q2
by Zacks Equity Research
Strong performance of the Clean Air and Ride Performance product lines aids Tenneco's (TEN) results.
Goodyear (GT) Q2 Earnings, Revenues Lag Estimates, Fall Y/Y
by Zacks Equity Research
Goodyear (GT) Q2 earnings miss estimates, primarily due to low volume sales in Europe, Middle East and Africa and Americas. For fiscal 2017, the company lowers operating income estimate.
Group 1 Automotive (GPI) Q2 Earnings Miss on Lower Sales
by Zacks Equity Research
Decline in sales in the U.S. and the U.K. businesses impact Group 1 Automotive's (GPI) results.
Penske Automotive (PAG) Q2 Earnings & Revenue Beat Estimates
by Zacks Equity Research
Penske Automotive's (PAG) solid Q2 results achieved record earnings per share in the company's history.
BorgWarner (BWA) Q2 Earnings Beat Estimates, Outlook Up
by Zacks Equity Research
BorgWarner's (BWA) Q2 earnings beat estimates amid foreign currency headwinds. The company also raises its annual estimates.
LKQ Corp (LKQ) Q2 Earnings Beat Estimates, Outlook Raised
by Zacks Equity Research
LKQ Corp's (LKQ) results improve on strong organic revenue growth.
O'Reilly (ORLY) Beats on Q2 Earnings Estimates, Cuts Outlook
by Zacks Equity Research
O'Reilly (ORLY) Q2 earnings beat estimates despite a challenging sales environment. However, full-year guidance has been trimmed.
Johnson Controls (JCI) Q3 Earnings In Line, Guidance Raised
by Zacks Equity Research
Johnson Controls' (JCI) results get a boost from robust Power Solutions performance.
PACCAR (PCAR) Q2 Earnings Beat Estimates, Revenues Top
by Zacks Equity Research
Increasing market share of PACCAR (PCAR) led to a beat in Q2 earnings. The company also raised its volume sales expectations.
Copart on Firmer Footing With Candia-West Warren Expansion
by Zacks Equity Research
Copart Inc. (CPRT) develops Candia and West Warren auto auction sites to cater better services to its customers across NH and MA.
Thor's Motor Coach Unit to Expand Motorhome Sites in Indiana
by Zacks Equity Research
Plans to expand RV production facility in Indiana, presence of Class A and C models in product-portfolio and a new workforce may boost Thor Industries' (THO) business this summer.
Harley-Davidson (HOG) Q2 Earnings Beat Estimates, Fall Y/Y
by Zacks Equity Research
Harley-Davidson's (HOG) Q2 results show revenue decline due to lower shipments and challenging market conditions.
Honda Rolls Out 10th Generation Honda Accord with Add-ons
by Zacks Equity Research
On Jul 14, Honda Motor Company Ltd. (HMC) launched its 10th Generation Honda Accord model.
Magna (MGA) Wins Contract to Manufacture Jaguar E-PACE Car
by Zacks Equity Research
Magna International Inc. (MGA) has announced that it has received a contract to produce Jaguar Land Rover's E-PACE at its manufacturing facility in Graz, Austria.
Lithia Motors (LAD) Declares Preliminary Results for Q2
by Zacks Equity Research
Lithia Motors Inc. (LAD) has announced preliminary results for the second quarter, ended Jun 30 2017
Cummins (CMI) Declares Hike in Quarterly Stock Dividend
by Zacks Equity Research
Cummins Inc. (CMI) announced that its board has approved an increase in its quarterly cash dividend on common stock to $1.08 per share from the earlier payout of $1.025 per share.
Toyota (TM) Unveils All-New Midsize Sedan Camry in Japan
by Zacks Equity Research
Toyota Motor Corp. Ltd. (TM) has announced the launch of a newly improved Camry in Japan.
4 Top-Ranked Foreign Auto Stocks to Add to Your Portfolio
by Arpita Dutt
The Zacks-categorized Automotive-Foreign industry is among the top 6% of the 256 Zacks-ranked industries -- here is a look at 4 top-ranked stocks from this sector.