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Zacks News
BMW's (BAMXF) DriveNow Service Expands Footprint in London
by Zacks Equity Research
In sync with its vision for London, BMW's (BAMXF) DriveNow extends service in five new boroughs of London.
New Emission Standard Disrupts German Automakers' Sales
by Zacks Equity Research
New emission regulations, based on real driving data, take away advantages of tax incentives enjoyed by automakers, with low emissions in certain countries.
Looming Brexit Deadline: Automakers Devise Emergency Plans
by Zacks Equity Research
Lack of clarity on trading regulations surrounding Britain's exit from the EU on Mar 29 has prompted automakers to analyze viable options to deal with the upcoming trade issues.
Emission Probe in Europe: German Automakers in Focus
by Gargi Dam Kanunjna
European Union initiates clean-car collusion probe on the top three German automakers. If confirmed, this may result in a big blow for automakers.
Ford (F) Yet to Reveal Turnaround Plan (Revised)
by Ritujay Ghosh
The company continues to suffer at a time when the U.S. auto industry is already feeling the pressure of President Donald Trump's tariffs.
Automakers Battle China Woes: F, GM and Others in Focus
by Sanjoy De
Per China Association of Automobile Manufacturers auto sales in China declines 3.8% year over year to 2.1 million.
China's Push for Consolidation Irks Global Automakers
by Sanjoy De
China plans to cut down excess auto manufacturing capacity, whereas several auto giants desire to expand in the mainland.
Can Automakers Drive Safe on China's Bumpy Tariff Road?
by Ritujay Ghosh
China's automobile sales declined 4% in July, with U.S. carmakers losing considerable market share.
Can U.S. Automakers Survive the Bumpy Tariff Ride?
by Ritujay Ghosh
Automakers are now being compelled to either hike the price of their vehicles or absorb additional costs, thus decreasing their profits.
US to Put Auto Tariffs On Hold: Will Euro Carmakers Gain?
by Gourav Kanti Bagchi
Trump and Juncker's constructive approach has lessened rising auto tariff concerns.
3 Key U.S. Export Businesses Feeling the Trade War Blues
by Chloe Shin
Many American businesses are already facing disruptions in sales and supply chains as the trade war is setting in. Some main industries and companies to take note of are Harley-Davidson (HOG), the U.S. soybean business, and German motor companies.
Tesla Hikes Prices, Can Automakers Ride Out Tariff Storm?
by Ritujay Ghosh
The auto industry stands to suffer the most with President Donald Trump having implemented the first set of tariffs on goods imported from China on Jul 6.
Nasdaq Hits Record High: 5 Tech Stocks Defying Trade Fears
by Swarup Gupta
Tech companies have been the leading gainers during market recoveries from losses attributable to trade-related issues.
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.
Fiat Chrysler Reveals 5-Year Plan of EV & Brand Development
by Zacks Equity Research
Fiat Chrysler (FCAU) sets five-year strategy through 2022 to widen its product portfolio to meet demand across markets.
Daimler (DDAIF) Broadens Investment Portfolio With Taxify
by Zacks Equity Research
With an aim to be a leader in mobility services, Daimler (DDAIF) widens its investment portfolio by adding another ride-hailing company.
Tesla (TSLA) Delays International Launch of Model 3 to 2019
by Zacks Equity Research
Delay in achieving the Model 3 production target in the United States impels Tesla (TSLA) to delay the international launch of the vehicle.
The Zacks Analyst Blog Highlights: SAP, Bayerische Motoren, Daimler and KION
by Zacks Equity Research
The Zacks Analyst Blog Highlights: SAP, Bayerische Motoren, Daimler and KION
Toyota to Build More FCEVs to Support Sales Target Post 2020
by Zacks Equity Research
Toyota (TM) anticipates FCEV global sales to rise ten-fold around 2020. The company plans to increase production of such vehicles to support growth.
4 Stocks to Tap Germany's Steady Economic Growth
by Nitish Marwah
Strong overseas demand, low levels of unemployment and surge in industrial production has offset the effects of a reduction in the rate of economic growth.
China Cuts Auto Tariffs: ETF & Stocks Set To Soar
by Sweta Killa
The tariff cut would drive the overall auto industry, which has been struggling this year.
Advance Auto Parts (AAP) Q1 Earnings Beat Estimates, Up Y/Y
by Zacks Equity Research
Advance Auto Parts' (AAP) first-quarter 2018 earnings beat estimates while revenues miss the same.
Westport Fuel to Divest CNG Compressor Business for EUR 12.5M
by Zacks Equity Research
Westport Fuel (WPRT) to divest Italy-based CNG Compressor Business to focus on the growth of its core business.
Cummins (CMI) to Form JV With JAC Motors & Offer Engines
by Zacks Equity Research
Cummins (CMI) to form a joint venture with China's JAC Motors to compete efficiently in the market.
AutoNation Gains From Store Openings, New-Vehicle Sales Hurt
by Zacks Equity Research
Business expansion through store openings and acquisitions aids AutoNation (AN). However, declining new-vehicle sales is a concern.