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Zacks News
Westport Fuel Rides on Alternate Fuel Systems Amid Cost Woes
by Zacks Equity Research
High demand for alternate fuel systems is likely to aid Westport Fuel (WPRT).
Ford (F) to Fix Glitches in Vehicles From Previous Recall
by Zacks Equity Research
Ford (F) recalls vehicles in North America to solve problems associated with engine block heater cables that could lead to fire.
Meritor Introduces Braking Options for Off-Highway Market
by Zacks Equity Research
Meritor's (MTOR) new set of braking solutions is likely to boost the modular brakes portfolio.
Nissan (NSANY) to Introduce First Electric Sedan in China
by Zacks Equity Research
Infinity brand of Nissan (NSANY) plans to launch the first electric vehicle, which is in sync with its long-run strategy to electrify the product line up on a massive scale.
Ford (F) Initiates Voluntary Layoff Program for Brazil Plant
by Zacks Equity Research
Ford's (F) layoff program for the plant in Camacari, Bahia, is in sync with the strategy of restructuring operations and cutting the excess workforce.
Fiat Chrysler to Pay $110M as Settlement Despite Disagreement
by Zacks Equity Research
Fiat Chrysler (FCAU) to settle a lawsuit filed by shareholders on claims of misinformation.
Tesla (TSLA) Opts for Another Round of Sales Job Reduction
by Zacks Equity Research
Tesla's (TSLA) decision to cut sales jobs is in sync with its plan to lower staff as part of the retail retrenchment strategy adopted in February 2019.
Genuine Parts Hits 52-Week High: What's Behind the Rally?
by Zacks Equity Research
Value-added services, and frequent investments and acquisitions contribute to Genuine Parts' (GPC) rally.
AutoZone Hits Fresh 52-Week High: What's Behind the Rally?
by Zacks Equity Research
Fast deliveries and store merchandising of auto parts drive AutoZone's (AZO) growth across DIY and commercial markets.
Volkswagen Commences Testing of Self-driving Cars in Germany
by Zacks Equity Research
Highly autonomous vehicles of Volkswagen (VWAGY) have laser scanners, ultrasonic sensors, radars and cameras.
CarMax Gains From Robust Used-Car Market, Store Expansion
by Zacks Equity Research
CarMax (KMX) focuses on expansion by opening stores in new and existing markets.
Lear (LEA) to Acquire Xevo to Expand Connectivity Offerings
by Zacks Equity Research
This acquisition is likely to combine the e-commerce vehicle platform technology of Xevo with Lear's (LEA) proficiency in electronic systems.
Are You Looking for a Top Momentum Pick? Why Fox Factory Holding (FOXF) is a Great Choice
by Zacks Equity Research
Does Fox Factory Holding (FOXF) have what it takes to be a top stock pick for momentum investors? Let's find out.
Standard Motor (SMP) Acquires Stoneridge's Pollak Business
by Zacks Equity Research
Standard Motor's (SMP) acquisition of Stoneridge's Pollak business to enhance growth opportunities in the OE/OES, heavy-duty and commercial vehicle markets.
General Motors to Sell Closed Car Factory in South Korea
by Zacks Equity Research
Myoungshin is set to buy General Motors' (GM) closed facility in South Korea in a bid to engage in contract manufacturing of electric vehicles.
WABCO (WBC) to Merge With ZF Friedrichshafen by 2020 Start
by Zacks Equity Research
The combined entity of WABCO (WBC)-ZF Friedrichshafen will offer integrated mobility systems to the automotive industry.
CarMax's (KMX) Earnings Surpass Estimates in Q4, Rise Y/Y
by Zacks Equity Research
CarMax's (KMX) double-digit growth in net earnings drives past estimates in fourth-quarter fiscal 2019. However, net sales and operating revenues lag expectations.
Domestic Auto Industry Outlook: Smooth Ride in the Near Term
by Sanjoy De
Growing demand for SUVs and crossovers compared to passenger cars and sedans make the prospects better for domestic auto companies.
Magna Benefits From Program Launches, Currency Woes Persist
by Zacks Equity Research
Program launches and vehicle manufacturing contracts drive Magna's (MGA) sales. However, foreign currency translation and high costs related to product launch are concerns.
PCAR vs. FOXF: Which Stock Is the Better Value Option?
by Zacks Equity Research
PCAR vs. FOXF: Which Stock Is the Better Value Option?
Lear (LEA) Invests in Maniv to Enhance Mobility Technology
by Zacks Equity Research
Lear (LEA) opts for strategic collaborations to drive mobility.
Why Fox Factory Holding (FOXF) Stock Might be a Great Pick
by Zacks Equity Research
Fox Factory Holding (FOXF) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
PCAR vs. FOXF: Which Stock Is the Better Value Option?
by Zacks Equity Research
PCAR vs. FOXF: Which Stock Is the Better Value Option?
Gentex (GNTX) Declares Hike in Its Quarterly Cash Dividend
by Zacks Equity Research
In sync with its capital-allocation strategy, Gentex (GNTX) announces 5% increase in the quarterly cash dividend rate.
Superior Industries (SUP) Q4 Earnings Drive Past Estimates
by Zacks Equity Research
Increased wheel shipment in Europe aids Superior Industries (SUP) to drive past estimates in the fourth quarter of 2018.