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Zacks News
Genuine Parts' (GPC) UK-Based AAG Acquires 2 Businesses
by Zacks Equity Research
In sync with Genuine Parts' (GPC) global growth strategy, its UK-based wholly-owned company AAG announces acquisition of two automotive businesses.
Toyota (TM) Recalls 2.4M Vehicles on Flawed Hybrid System
by Zacks Equity Research
Toyota (TM) recalls more than 2.4 million Prius and Auris models due to faulty hybrid system, which might result in stalling of the cars.
Daimler (DDAIF) to Begin Manufacturing EV Battery in Alabama
by Zacks Equity Research
Daimler's (DDAIF) decision to build a battery plant is in sync with its $1-billion planned investment for the Alabama factory upgrade.
Navistar (NAV) Up 1.5% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Navistar (NAV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
BorgWarner (BWA) Ties Up With Plug and Play, Franklin Venture
by Zacks Equity Research
BorgWarner (BWA) collaborates with Plug and Play, and Franklin Venture Partners to increase exposure to advanced technologies and speed up innovation in areas of mobility.
Cummins (CMI), Isuzu to Evaluate Technological Prospects
by Zacks Equity Research
Cummins (CMI) and Isuzu to evaluate probable powertrain technologies to deal with changing requirements of the commercial vehicle segment.
Toyota, SoftBank to Form JV for Autonomous Mobility Services
by Zacks Equity Research
Toyota (TM) is set to form a JV with SoftBank to develop a platform that can operate self-driving cars and provide a wide range of services.
General Motors & Honda Tie Up for Self-Driving Technology
by Zacks Equity Research
Honda (HMC) to invest $2.75 billion in General Motors' (GM) self-driving effort.
Toyota to Gain From Cost-Cut Initiatives Despite Recall Woe
by Zacks Equity Research
Toyota's (TM) plan to shift production by 2020 is likely to help it cut costs by 20%. However, frequent vehicle recalls are elevating its expenses.
Magna, Altran Form JV to Set Up Engineering Center in Morocco
by Zacks Equity Research
Morocco's proximity to Europe and the country's vehicle manufacturing goals encourage Magna (MGA) to set up an engineering center by forming a JV with Altran.
Johnson Controls Acquires Thermostat Leader Lux Products
by Zacks Equity Research
Johnson Controls' (JCI) acquisition of Lux Product, which specializes in residential thermostats and smart home products, bolsters its position in the thermostat market.
Toyota Cautions About Midlands Hub Closure With No-Deal Brexit
by Zacks Equity Research
Toyota (TM) announces production halt at its plant at the Midlands in U.K. if Britain exits from the EU, without a deal.
Honda (HMC) Issues Recall for Rear Cameras and Takata Airbags
by Zacks Equity Research
Honda (HMC) recalls units to replace faulty front passenger-side airbags and software for rear camera display.
Auto Stock Roundup: China Woes, Ford Recalls, Daimler to Make Autonomous Vehicle
by Zacks Equity Research
Various factors, including economic turmoil and ongoing trade spat with Washington result in declining auto sales in China in August.
Company News For Sept 7, 2018
by Zacks Equity Research
Companies In The News are: GIII,NAV,CBS,DAL
Navistar (NAV) Q3 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
The year-over-year improvement in Navistar's (NAV) Q3 revenues is due to rise in sales volume of its Class 6-8 vehicles in the United States as well as Canada.
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.
Navistar (NAV) Q3 Earnings Surpass Estimates
by Zacks Equity Research
Navistar (NAV) delivered earnings and revenue surprises of 27.96% and -2.70%, respectively, for the quarter ended July 2018. Do the numbers hold clues to what lies ahead for the stock?
Harley-Davidson (HOG) to Open R&D Facility in Silicon Valley
by Zacks Equity Research
In order to develop electric motorcycles, Harley-Davidson (HOG) to establish a new R&D facility in northern California.
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.
Ford Calls Off Focus Active Launch in US on Hiked Tariffs
by Zacks Equity Research
With 25% tariff on vehicle imports from China, Ford (F) announces the cancellation of its plan to introduce China-manufactured Active Launch in the United States.
Navistar (NAV) Q3 Earnings Preview: How Are Events Shaping Up?
by Zacks Equity Research
Navistar (NAV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Thor Industries (THO) Q3 Earnings Miss Estimates, Rise Y/Y
by Zacks Equity Research
Sales growth in the Towable and Motorized RVs segment drives Thor Industries' (THO) Q3 earnings.