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Zacks News
Should You Buy Tesla (TSLA) Stock On Model 3 Production Progress?
by Benjamin Rains
Shares of Tesla (TSLA) opened higher on Monday morning, only to sink later on, after the company announced that it produced more than 5,000 Model 3 vehicles during the last seven days of the second quarter. Now, the question is should investors buy Tesla stock since the electric vehicle firm finally reached its production goal for its mass-market Model 3 sedan.
Volkswagen Opens Plant at Rwanda to Tap Ride-Sharing Market
by Zacks Equity Research
Volkswagen (VLKAY) opens its first facility in Rwanda to cater to customers and operate its car-sharing system.
Auto Stock Roundup: HOG to Shift Production to Escape EU Tariff, F & TM in Focus
by Zacks Equity Research
Harley-Davidson (HOG) to shift the manufacturing of its motorcycles in the United States - which are sold in the EU - to international facilities in order to escape EU tariffs.
Ford, Baidu Team Up for AI & Connectivity Solutions in China
by Zacks Equity Research
With an aim to enhance consumer experience and construct a sustainable mobility ecosystem in China, Ford (F) joins forces with China's Baidu to search AI and connectivity solutions for its vehicles.
Toyota's (TM) Lexus to Recall 121,000 Cars to Fix Fuel Leaks
by Zacks Equity Research
Toyota's (TM) luxury brand, Lexus to recall around 121,000 cars. This is a blow to this Japanese auto giant, which is already grappling with many other recall issues.
Harley (HOG) to Shift Production to Escape EU Tariff Hike
by Zacks Equity Research
In order to shield it from rising costs on U.S.-manufactured motorcycles, sold in Europe, due to increased EU tariffs, Harley-Davidson (HOG) to shift production location to international facilities.
Can the Auto Industry Overcome Hurdles Posed by Trade Spats?
by Ritujay Ghosh
The trade spat between the United States and China, EU, Mexico and Canada now looks more like a double-edged sword.
Dana (DAN) & Hydro-Quebec Set to Form JV Partnership for EVs
by Zacks Equity Research
Joint venture with Hydro-Quebec and the supply of electric motors by TM4 is likely to make Dana (DAN) the sole supplier of complete gearboxes and thermal-management capability for EVs.
WABCO's Revenues Gain From Business Contracts & Acquisitions
by Zacks Equity Research
Contracts from global customers and acquisitions to strengthen WABCO's (WBC) footprint and drive its financials.
CarMax's (KMX) Q1 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
CarMax's (KMX) first-quarter fiscal 2019 results beat estimates. Also, the company posts year-over-year improvement in wholesale and used vehicle revenues.
Volkswagen's (VLKAY) Audi Collaborates With Hyundai for FCEV
by Zacks Equity Research
Volkswagen's (VLKAY) Audi teams up with South Korea's Hyundai to develop FCEVs and lower associated costs.
Top Ranked Income Stocks to Buy for June 20th
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, June 20th:
Advance Auto Parts Focuses on Expansion, Expenses a Woe
by Zacks Equity Research
Widening of footprint through collaborations and rolling out of a website for professional customers might help Advance Auto Parts (AAP). However, huge capital expenditure is a headwind.
Here's Why Tesla (TSLA) Stock Climbed Again on Monday
by Benjamin Rains
Shares of Tesla (TSLA) popped 3.53% on Monday to close at $370.83, inching slowly closer to their 52-week high. After a series of positive developments, spread out over the last few weeks, Tesla's stock price has gone on a sustained run that has many investors thinking the electric car company might be back on track. So let's take a look at the most recent Tesla news and give investors a quick preview of what's to come.
Dana Launches Drivetrains for Commercial Vehicle Aftermarket
by Zacks Equity Research
In order to cater to the commercial vehicle aftermarket, Dana (DAN) launches drivetrain product line Spicer Select, preferably for old vehicles.
Company News For Jun 14, 2018
by Zacks Equity Research
Companies In The News: PVTL,KFY,OXM,TM
Toyota to Invest $1B in Singapore's Ride-Hailing Firm Grab
by Zacks Equity Research
Toyota (TM) to invest $1 billion in South Asian ride-hailing transport services company, Grab, to strengthen the existing partnership for expanding mobility services.
American Axle (AXL) to Deliver AWD PTUs for Ford Crossovers
by Zacks Equity Research
American Axle (AXL) signs a contract to supply PTUs for Ford's crossover vehicles, thus, strengthening its relationship with Ford.
Japan Sets Autonomous Vehicle Launch Goal: 3 Stocks in Focus
by Aniruddha Ganguly
Toyota (TM), Intel (INTC) and NVIDIA (NVDA) are well poised to benefit from Japan's aggressive move to bring self-driving vehicles mainstream by 2020.
Daimler (DDAIF) Claims to be In-sync With EV Launch Targets
by Zacks Equity Research
Daimler (DDAIF) rubbishes claims of EV launch delays due to lack of battery supply.
Why Toyota Motor (TM) Could Be a Top Value Stock Pick
by Zacks Equity Research
Toyota Motor (TM) is a pretty good value pick, as it has decent revenue metrics to back up its earnings and is seeing solid earnings estimate revisions as well.
Magna (MGA) Wins Contract to Manufacture BMW's Z4 Model
by Zacks Equity Research
Magna International's (MGA) Graz facility bags the new BMW Z4's production contract, marking its fifth manufacturing contract.
WABCO (WBC) Launches Management System for Commercial Fleets
by Zacks Equity Research
WABCO (WBC) introduces fleet management system to help the transportation industry in improving operating performance.
Top Ranked Income Stocks to Buy for June 1st
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, June 1st:
Auto Stock Roundup: FCAU Recalls, TSLA Delays Overseas Model 3 Launch
by Zacks Equity Research
Recall is a serious problem for automakers all over the world. The recent recall of more than 5.3 million vehicles from North America by Fiat Chrysler (FCAU) may tarnish its image.