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Zacks News
Should You Buy Allison Transmission (ALSN) Ahead of Earnings?
by Zacks Equity Research
Allison Transmission (ALSN) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Penske Automotive's (PAG) Q1 Earnings & Sales Top Estimates
by Zacks Equity Research
Stellar performance across each area of its business drives Penske Automotive's (PAG) Q1 results.
Goodyear's (GT) Q1 Earnings Beat, Down Y/Y, Revenues Up
by Zacks Equity Research
Goodyear (GT) reaffirms 2018 operating income guidance and expects it to be between $1.8 billion and $1.9 billion.
What's in the Cards for Cooper Tire (CTB) in Q1 Earnings?
by Zacks Equity Research
Developing new products and enhancing logistics infrastructure might drive Cooper Tire's (CTB) Q1 earnings. Rising capital expenses and a competitive industry are concerns.
Autos Hit Safety Recalls, Commodity Woes, Used-Car Demand
by Zacks Equity Research
The auto industry is plagued with safety recalls. Also, the industry is witnessing a huge transformation due to changing consumers' choice and automakers' focus on electric vehicles.
PACCAR (PCAR) Earnings and Revenues Beat Estimates in Q1
by Zacks Equity Research
PACCAR's (PCAR) first-quarter 2018 drives on record quarterly truck deliveries, robust Parts revenues and pretax profits.
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.
Shutdown or Not, Tesla Production, Cash Flow Targets on Track
by Sejuti Banerjea
The Tesla shutdown is just more bad news for the stock, which has taken a beating following President Trump's stand on China.
Navistar International (NAV) in Focus: Stock Moves 9.9% Higher
by Zacks Equity Research
Navistar International (NAV) was a big mover last session, as the company saw its shares rise nearly 10% on the day.
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.
Why Allison Transmission (ALSN) is Poised to Beat Earnings Estimates Again
by Zacks Equity Research
Allison Transmission (ALSN) is in a good position to beat earnings at its next report as it has a favorable Zacks Rank and positive Earnings ESP.
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.
Fiat Chrysler (FCAU) to Go For Magneti Marelli Spin-off
by Zacks Equity Research
The spin-off of Magneti Marelli is likely to aid Fiat Chrysler (FCAU) to focus more on its core business.
CarMax's (KMX) Earnings and Revenues Miss Estimates in Q4
by Zacks Equity Research
CarMax (KMX) reports an 8% decline in comparable-store used-vehicle unit sales in fourth-quarter fiscal 2018.
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.
Magna (MGA) Looks Good: Stock Adds 6.1% in Session
by Zacks Equity Research
Magna (MGA) shares rose more than 6% in the last trading session, amid huge volumes.
4 Top-Ranked & Promising Auto Stocks Ahead of Q1 Earnings
by Zacks Equity Research
The auto sector, which has been plagued with various challenges in the recent past, has received some boost on stronger economy and higher demand. Here are four auto stocks with strong potential.
Allison Transmission (ALSN): An Off-the-Radar Potential Winner
by Zacks Equity Research
Allison Transmission (ALSN) looks well positioned for a solid gain, but has been overlooked by investors lately.
Goodyear (GT) Offers Preview of New Tire Prototype for EVs
by Zacks Equity Research
In order to improve the sturdiness and performance of electric vehicle tires, Goodyear (GT) offers a glance of its new tire technology prototype which is expected to hit the roads by 2019.
Infosys Selected by Allison Transmission to Offer IT Services
by Zacks Equity Research
Infosys (INFY) announces that Allison Transmission (ALSN) has selected the company to provide information technology (IT) infrastructure management services.