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Zacks News
Commercial Vehicle Group (CVGI) Looks Good: Stock Up 10%
by Zacks Equity Research
Commercial Vehicle Group, Inc. (CVGI) shares rose almost 10% in the last trading session.
Superior Industries (SUP) to Acquire UNIWHEELS for $715M
by Zacks Equity Research
Superior Industries (SUP) has agreed to buy UNIWHEELS for around $715 million.
Toyota, Microsoft to Jointly Boost Connected Car Experience
by Zacks Equity Research
Toyota (TM) has entered into a new patent licensing agreement with Microsoft.
New Strong Buy Stocks for March 24th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
Is American Axle a Great Stock for Value Investors?
by Zacks Equity Research
Let's see if American Axle & Manufacturing Holdings, Inc. (AXL) stock is a good choice for value-oriented investors right now from multiple angles.
American Axle (AXL) Down 7.7% Since Earnings Report: Can It Rebound?
by Zacks Equity Research
American Axle (AXL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Magna International Announces Specific Buyback of 1.5M Shares
by Zacks Equity Research
Magna International Inc. (MGA) recently announced a specific buyback program for cancellation of 1,500,000 shares.
Tesla (TSLA) to Discontinue Model S 60 Sale from April
by Zacks Equity Research
Tesla, Inc. (TSLA) has recently mailed its customers informing them of the discontinuation of the sale of the entry level Model S vehicle, according to sources.
Magna International (MGA) Plans EUR 1.24B Expansion in Europe
by Zacks Equity Research
Magna International Inc. (MGA) plans to invest up to EUR 1.24 billion ($1.3 billion) in Slovenia, which will include a fully functional car plant.
Toyota (TM) to Invest $294M in U.K to Upgrade Plant
by Zacks Equity Research
Toyota Motor Corporation (TM) announced that it will be investing around GBP 240 million ($294 million) in the U.K.
Magna International (MGA) Plans EUR 1.24B Expansion in Europe
by Zacks Equity Research
Magna International Inc. (MGA) plans to invest up to EUR 1.24 billion ($1.3 billion) in Slovenia, which will include a fully functional car plant.
Johnson Controls (JCI) to Sell Scott Safety Business to 3M
by Zacks Equity Research
Johnson Controls International plc (JCI) has signed a definitive agreement to sell its Scott Safety business to 3M for $2 billion in an all-cash deal.
5 Auto Stocks to Buy as Trump Looks to Ease Efficiency Norms
by Swarup Gupta
Trump said his administration would revisit Obama era emission norms in a bid to boost automotive production within the U.S.
Why is Tesla Raising a Billion Dollars in Fresh Capital?
by Zacks Equity Research
Tesla Motors, Inc. (TSLA) announced plans to raise around $1.1 billion through a combination of share and senior notes offering, just before initiating the pre-production of its Model 3 sedan.
Should You Dump Autoliv (ALV) from Your Portfolio?
by Zacks Equity Research
On Mar 14, we issued an updated research report on Autoliv, Inc. (ALV).
Magna International (MGA) Launches Carbon Fiber Subframe
by Zacks Equity Research
Magna International Inc. (MGA) announced that it has developed a prototype carbon fiber composite subframe in collaboration with Ford Motor Company (F).
3 Auto Parts Stocks to Rev Up Your Portfolio
by James Giaquinto
3 Auto Parts Stocks to Rev Up Your Portfolio
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.
New Strong Buy Stocks for March 13th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Monday
Penske Automotive Acquires Jaguar, Land Rover Dealerships
by Zacks Equity Research
Penske Automotive Group, Inc. (PAG) recently announced that it has acquired Jaguar and Land Rover dealerships in Paramus, NJ from the Prestige Family of Fine Cars.
Tesla Unveils Major Solar Project on Kauai Island, Hawaii
by Zacks Equity Research
Tesla Motors, Inc. (TSLA) launched a solar project in Hawaii, in association with Kauai Island Utility Cooperative.
Navistar (NAV) Posts Loss in Q1, Revenues Miss Estimates
by Zacks Equity Research
Navistar International Corporation (NAV) reported first-quarter fiscal 2017 (ended Jan 31, 2017) loss from continuing operations of 76 cents per share, as compared with a loss of 40 cents posted in the year-ago quarter.
Toyota (TM) Expects Europe Sales to Increase 5% in 2017
by Zacks Equity Research
Toyota Motor Corporation (TM) expects sales in Europe to rise 5% to 975,000 vehicles in 2017.
Wabash National Boosts Share Buyback by $100M, Stock Up
by Zacks Equity Research
Share price of Wabash National Corporation (WNC) increased 1% to $20.85 after the company announced a raise in its share repurchase authorization.
Superior Industries (SUP) Beats on Q4 Earnings & Revenues
by Zacks Equity Research
Superior Industries International, Inc.'s (SUP) earnings were 31 cents per share in fourth-quarter 2016, which surpassed the Zacks Consensus Estimate of 22 cents.