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Zacks News
Volkswagen (VLKAY) to Plead Guilty to Criminal Charges
by Zacks Equity Research
Volkswagen Aktiengesellschaft (VLKAY) is set to plead guilty in the Justice Department's diesel emissions investigation to three felony counts.
American Axle (AXL) Prices $1.2B Worth of Senior Notes
by Zacks Equity Research
American Axle & Manufacturing Holdings Inc. (AXL) has announced the pricing of $700 million aggregate principal amount senior notes at 6.25% interest annually.
Honda to Invest $150M in US Plants for 10-Speed Transmission
by Zacks Equity Research
Honda Motor Co., Ltd. (HMC) announced its investment of $150 million in two U.S.
Sonic Automotive (SAH) Offers Senior Notes Worth $250M
by Zacks Equity Research
Sonic Automotive, Inc. (SAH) has announced a private offering of $250 million aggregate principal amount of Senior Subordinated Notes due 2027.
Why Is Honda Motor (HMC) Up 3.1% Since the Last Earnings Report?
by Zacks Equity Research
Honda Motor (HMC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Auto Sales Slide Again in February: ETFs & Stocks in Focus
by Sweta Killa
After having a banner year, the auto industry seems to have hit the brakes to start 2017.
Copart (CPRT) Touches 52-Week High Post Solid Q2 Earnings
by Zacks Equity Research
Shares of Copart, Inc. (CPRT) touched a fresh 52-week high of $60.74 on Mar 3, 2017.
Goodyear Tire (GT) Offers Unsecured Senior Notes Worth $700M
by Zacks Equity Research
The Goodyear Tire & Rubber Company (GT) has announced a public offering of $700 million aggregate principal amount of 10-year senior notes.
Ford (F) Recalls 32,000 Vehicles to Replace Faulty Airbags
by Zacks Equity Research
Ford Motor Company (F) is recalling roughly 32,000 vehicles in North America, due to a safety compliance issue associated with the vehicles' airbag.
Honda Reports 2.1% Hike in Global Production in January
by Zacks Equity Research
Honda Motor Co., Ltd. (HMC) recorded worldwide production volume of 412,723 units, up 2.1% year over year from Jan 2016.
Volkswagen (VLKAY) Pays $2.9 Billion to Repurchase Vehicles
by Zacks Equity Research
Volkswagen Aktiengesellschaft (VLKAY) has paid $2.9 billion through Feb 18 to buy back almost 138,000 vehicles as per a court document.
Toyota Reports 4.8% Hike in Global Production in January
by Zacks Equity Research
Toyota Motor Corporation (TM) increased its total worldwide production by 4.8% year over year to 840,083 units in Jan 2017.
Magna International (MGA) Q4 Earnings Lag, Revenues Top
by Zacks Equity Research
Magna International Inc. (MGA) reported fourth-quarter 2016 earnings per share of $1.24 that missed the Zacks Consensus Estimate of $1.38.
Why Honda (HMC) Could Be a Top Value Stock Pick
by Zacks Equity Research
Honda (HMC) is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that HMC has decent revenue metrics to back up its earnings.
Toyota Ties Up with Shell for Hydrogen Vehicles Stations
by Zacks Equity Research
Toyota Motor Corporation announced plans to collaborate with Royal Dutch Shell Plc in order to construct seven fueling stations for hydrogen vehicles in California.
Copart (CPRT) Q2 Earnings Meet Estimates, Increase Y/Y
by Zacks Equity Research
Copart, Inc. (CPRT) posted adjusted earnings per share (EPS) of 58 cents for second-quarter fiscal 2017 (ended Jan 31, 2016), up from 45 cents a year ago.
Sonic Automotive (SAH) Q4 Earnings, Revenues Top Estimates
by Zacks Equity Research
Sonic Automotive Inc. (SAH) recorded adjusted earnings per share of 66 cents in the fourth quarter of 2016, up from 61 cents recorded in the year-ago quarter.
Genuine Parts (GPC) Q4 Earnings, Revenues Beat Estimates
by Zacks Equity Research
Genuine Parts Company (GPC) reported earnings of $1.02 per share in fourth-quarter 2016, lower than $1.07 recorded in the year-ago quarter.
Standard Motor (SMP) Q4 Earnings Lag Estimates, Rise Y/Y
by Zacks Equity Research
Standard Motor Products' (SMP) adjusted earnings of 42 cents per share missed the Zacks Consensus Estimate of 53 cents but increased from 35 cents earned in the prior-year quarter.
Lithia Motors (LAD) Q4 Earnings Lag Estimates, Rise 7% Y/Y
by Zacks Equity Research
Lithia Motors Inc. (LAD) recorded a 7% rise in adjusted earnings per share to $1.86 in the fourth quarter of 2016 from $1.74 in the prior-year quarter.
Tesla Inks Deal to Sell 200 Electric Vehicles to Dubai's RTA
by Zacks Equity Research
Tesla Motors, Inc. (TSLA) signed a deal to sell about 200 electric vehicles to Dubai's Road & Transport Authority (RTA).
General Motors in Talks to Sell Opel Business to PSA Group
by Zacks Equity Research
General Motors Company (GM) is in talks with Frances PSA Group to sell its underperforming European business - Opel.
Ford (F) to Invest $1 Billion in Argo AI Over Next 5 years
by Zacks Equity Research
Ford Motor Co. (F) announced plans to invest around $1 billion over the next five years in Argo AI - an artificial intelligence company.
American Axle (AXL) Q4 Earnings Beat Estimates, Rise Y/Y
by Zacks Equity Research
American Axle & Manufacturing Holdings Inc. (AXL) posted adjusted earnings of 78 cents per share for the fourth quarter that comfortably beat the Zacks Consensus Estimate of 69 cents.
Penske Automotive (PAG) Beats Earnings Estimates in Q4
by Zacks Equity Research
Penske Automotive Group, Inc. (PAG) earnings per share improved 12.3% to 91 cents from 81 cents recorded a year ago.