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Zacks News
Sonic Automotive (SAH) Expands EchoPark Store in Charlotte
by Zacks Equity Research
Sonic Automotive (SAH) focuses on expanding its network of stores and growing its used-vehicle business to boost sales.
Fiat Chrysler to Produce Plug-in Hybrid Version of Renegade
by Zacks Equity Research
Fiat Chrysler (FCAU) to produce plug-in hybrid version of Jeep Renegade. This is in sync with the company's plan to move ahead with electrification drive.
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.
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.
Can Allison Transmission (ALSN) Keep the Earnings Surprise Streak Alive?
by Zacks Equity Research
Allison Transmission (ALSN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Auto Sales Dropped in Q3: ETF & Stocks in Focus
by Sweta Killa
After rising 1.8% in the first six months, auto sales fell 4% in the third quarter despite strong demand for SUVs and some pickups.
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.
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.
General Motors (GM) to Recall Over 3.3M Vehicles in China
by Zacks Equity Research
General Motors (GM) to recall over 3.3 million vehicles due to flawed suspension system.
The Zacks Analyst Blog Highlights: Meritor, Allison Transmission Holdings, Commercial Vehicle Group, Cummins and Oshkosh
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Meritor, Allison Transmission Holdings, Commercial Vehicle Group, Cummins and Oshkosh
US, Canada Replace NAFTA With New Trade Deal: 5 Auto Picks
by Swarup Gupta
The auto rules of origin, which the deal lays out, means those gains will ultimately accrue to U.S. automakers.
3 Stocks to Gain From Long-Term Prospects of Auto Market
by Nabaparna Bhattacharya
Focus on R&D, solid prospects in the emerging economies, artificial intelligence (AI) enabling autonomous driving technology and big data-enhanced geo analytical capabilities to boost the global automotive market in the long run.
CarMax (KMX) Q2 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
Within 12 months, starting from Aug 31, 2018, CarMax (KMX) plans to enter 10 new television markets and expand presence in five existing ones.
Trump Clinches Trade Deal With South Korea: 6 Winning Picks
by Swarup Gupta
Trump claims that U.S. auto, pharma and agricultural products will gain from the deal with South Korea.
Cummins to Offer Electrified Solutions for KAMAZ's Vehicles
by Zacks Equity Research
Cummins (CMI) signs MOU to develop electrified power solutions for KAMAZ's new range of battery-powered commercial vehicles.
WABCO, FAW Jiefang Form JV to Build Control Systems in China
by Zacks Equity Research
With an aim to advance the safety and efficiency of commercial vehicles in China, WABCO (WBC) signs deal to set up JV with FAW Jiefang to develop control systems.
Magna (MGA) to Divest Fluid Pressure & Controls Business
by Zacks Equity Research
With the divestiture of Fluid Pressure & Controls business, Magna (MGA) focuses on becoming full-system supplier of transmission and other driveline systems.
Allison Transmission (ALSN) Hits 52-Week High, Can the Run Continue?
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.
Has Allison Transmission Holdings (ALSN) Outpaced Other Auto-Tires-Trucks Stocks This Year?
by Zacks Equity Research
Is (ALSN) Outperforming Other Auto-Tires-Trucks Stocks This Year?
Copart (CPRT) Q4 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Copart's (CPRT) service revenues and vehicle sales improve year over year.
BorgWarner (BWA) in Focus: Stock Moves 5% Higher
by Zacks Equity Research
BorgWarner (BWA) saw a big move last session, as its shares jumped 5% on the day, amid huge volumes.
Thor (THO) to Acquire Erwin Hymer Group for $2.5 Billion
by Zacks Equity Research
The combination of Thor (THO) and Erwin Hymer Group is likely to create the world's largest RV manufacturer, with strong position in both North America and Europe.
Goodyear to Launch FUELMAX PERFORMANCE & Proactive Solutions
by Zacks Equity Research
Based on the full silica tread compound technology, Goodyear's (GT) FUELMAX PERFORMANCE is the most fuel-efficient tire to date.
Volkswagen Intends to Build 10M Electric Cars in MEB Platform
by Zacks Equity Research
Volkswagen's (VLKAY) plan to manufacture 10 million e-cars is in sync with its targets of starting the global mass production of electric cars toward the end of 2022.
Johnson Controls to Finalize Bidders for Sale of Power Unit
by Zacks Equity Research
Johnson Controls (JCI) moves forward with the decision to sell the power solutions business. Two bidders for the buyout will be shortlisted soon.