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Zacks News
Harley-Davidson (HOG) Q1 Earnings Beat Estimates, Falls Y/Y
by Zacks Equity Research
Harley-Davidson's (HOG) Q1 earnings records year-over-year growth. The company reaffirms its full-year 2018 guidance.
Auto Sales Ride on Strong Economy, Self-Driving Gathers Pace
by Zacks Equity Research
Other factors aside, the auto industry is gaining from a strong economy and robust consumer confidence. Also, there are plenty of opportunities on the self-driving front.
Auto Industry Stock Outlook - April 2018
by Zacks Equity Research
On the basis of Zacks Industry Rank, the general outlook for the auto sector is positive. Going by the earnings trends, the prospects of the auto sector are also strong.
Tesla (TSLA) Hikes Model 3 Production Target to 6K per Week
by Zacks Equity Research
With an aim to generate strong positive operating cash flow in the second half of 2018, Tesla (TSLA) sets a new Model 3 production target of 6,000 units per week.
General Motors to Cut Jobs in Ohio Plant as Car Demand Wanes
by Zacks Equity Research
General Motors (GM) announces that it is laying off around 1,500 workers at the Ohio plant. The demand for sedans declines steeply in recent times.
Genuine Parts' S.P. Richards Unit to Tie Up With Essendant
by Zacks Equity Research
The combination of Genuine Parts' (GPC) S.P. Richards Business and Essendant to result in a more competitive and powerful business products distributor.
American Axle (AXL) Rides on New Launches, Strategic Actions
by Zacks Equity Research
In 2018, American Axle (AXL) plans to support 50 major projects and program launches, including electric and hybrid driveline programs.
Tenneco (TEN) to Buy Federal-Mogul From Carl Icahn for $5.4B
by Zacks Equity Research
Tenneco (TEN) intends to separate the company into two independent entities in the second half of 2019.
Navistar (NAV) Rides on Strong Class 8 Lineup & Cost Savings
by Zacks Equity Research
Navistar (NAV) gains from new products and improved Class 8 lineup. Also, cost-saving initiatives like engine restructuring and reductions in discretionary spending are aiding the company.
Tesla (TSLA) Set to Recall 8,898 Model S Vehicles in China
by Zacks Equity Research
Tesla's (TSLA) recall in China is part of the broader recall that was announced in March 2018.
Sorting Out What Lies Ahead for Tesla (Part 2, By the Numbers)
by David Borun
A look at the financials behind the short case for Tesla
Ford Recalls 347K Vehicles of Model Years 2017, 2018
by Zacks Equity Research
Ford (F) issues vehicle recalls, including 2017-2018 year models comprising F-150, F-650 and F-750 trucks, Expeditions, Lincoln Navigators and Mustangs.
Volkswagen (VLKAY) Aims to Expand in Brazil with First SUV
by Zacks Equity Research
With an aim to regain its market shares in the Latin American region, Volkswagen (VLKAY) announced its plans to make its first compact sport utility vehicle (SUV), T-Cross, in Brazil.
Sedans Dying a Slow Death: GM, F, FCAU Score High on SUVs
by Ritujay Ghosh
American customers are increasingly changing their preference for crossovers and SUVs for quite some time now, which has seen a decline in demand for sedans.
ETFs on Radar Post Strong Automobile Sales
by Zacks Equity Research
United States auto sales jump in March on strong consumer confidence despite high market volatility.
Johnson Controls Acquires Smartvue to Boost Video Solution
by Zacks Equity Research
Acquisition of Smartvue to help Johnson Controls (JCI) bolster its ability to offer video-as-a-service in a more cost-efficient and secure way.
VMware, Rent-A-Center and Honda Motor highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
VMware, Rent-A-Center and Honda Motor highlighted as Zacks Bull and Bear of the Day
Auto Stock Roundup: Pickup Demand Up, TSLA to Lower Norway Delivery, F Inks MoU
by Zacks Equity Research
Lower demand for conventional compact and mid-size cars and higher demand for SUVs and pickup trucks have forced automakers to reorient their strategies.
Is Honda Motor (HMC) a Great Stock for Value Investors?
by Zacks Equity Research
Let's put Honda Motor stock into this equation and find out if it is a good choice for value-oriented investors right now.
BorgWarner (BWA) Introduces On-Demand EMOD Transfer Case
by Zacks Equity Research
BorgWarner (BWA) launches its new Torque-On-Demand based transfer case, designed for different vehicle types, including pickup trucks and SUVs.
Honda to Lower Sedan Production on Waning Industry Demand
by Zacks Equity Research
Automakers are reorienting their strategies as demand for conventional compact and midsize sedans has declined, while that of SUVs and pickup trucks has increased.
Volkswagen to Speed Up Midsize Pickup Vehicles Race
by Zacks Equity Research
Volkswagen (VLKAY) is set to launch a U.S.-made pickup, model which is likely to be manufactured in Tennessee.
Ford and Mahindra to Build EV, SUVs for Emerging Markets
by Zacks Equity Research
Ford's (F) global reach and Mahindra's market presence are going to expand the collaboration's presence in emerging markets.
Why Honda Motor (HMC) is Such a Great Value Stock Pick Right Now
by Zacks Equity Research
Honda Motor (HMC) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
General Motors (GM) to Invest $100M for Cruise AV Production
by Zacks Equity Research
With an aim to launch the self-driving Cruise AV car, General Motors (GM) to invest $100 million at its two plants in Michigan for production.