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Zacks News
Gentex (GNTX) Rides on Product Strategy Despite Expense Woes
by Zacks Equity Research
Improved product strategy, with better mix and innovative launches, aids Gentex's (GNTX) revenue growth. However, rising staff expenses are concerning.
Harley-Davidson (HOG) to Launch Models & Technology Upgrades
by Zacks Equity Research
Harley-Davidson (HOG) unveils details regarding the release of power cruiser models and technological upgrades in 2019.
Volkswagen (VLKAY) to Recall Vehicles Over Lighting Defect
by Zacks Equity Research
Volkswagen AG (VLKAY) to recall around 700,000 Tiguan and Touran cars across the globe, per German trade magazine Kfz-Betrieb.
Ford (F) Troubled by Asia Pacific and Europe Challenges
by Zacks Equity Research
Ford (F) revises down 2018 earnings expectation on the Asia Pacific and Europe woes.
Oshkosh's (OSK) Product Demand Increases With Robust Economy
by Zacks Equity Research
A recovering economy leads to an increased product demand across all the segments of Oshkosh (OSK), thus, driving the company's financials.
Nissan (NSANY) to Augment Vehicle Production in China by 40%
by Zacks Equity Research
With an aim to gain the majority of market share in China, Nissan (NSANY) plans to expand the production capacity in China by investing $900 million over the next few years.
Here's Why You Should Add PACCAR (PCAR) to Your Portfolio Now
by Zacks Equity Research
With strong fundamentals and robust long-term growth opportunities, PACCAR (PCAR) can be a solid bet.
Here's Why Allison (ALSN) Must be in Your Portfolio Now
by Zacks Equity Research
Upbeat 2018 outlook, good market share and efforts to expand in emerging markets make Allison (ALSN) a promising bet now.
Westport Fuel (WPRT) Q2 Earnings In Line, Revenues Beat
by Zacks Equity Research
Strong sales in aftermarket, DOEM, and light- and medium-duty OEM businesses aid Westport Fuel (WPRT) Q2 revenues to drive past estimates.
Ford (F) Intends to Expend $740M for Detroit Redevelopment
by Zacks Equity Research
Ford (F) to use $740 million for the research and development of self-driving vehicles through Detroit redevelopment.
Superior Industries Gains From Business Expansion in Europe
by Zacks Equity Research
Adding European operations and strong unit shipments boost Superior Industries' (SUP) performance. Investments in technology enhancements and cost reduction strategies aid the company as well.
Tenneco (TEN) Gains on Higher Volumes, Costs Keep Rising
by Zacks Equity Research
Higher volumes across Americas, EMEA and APAC aid Tenneco (TEN). However, rise in costs and expenses is a concern.
Advance Auto Parts (AAP) Beats on Q2 Earnings & Revenues
by Zacks Equity Research
Advance Auto Parts (AAP) reports net revenues of $2.33 billion in second-quarter 2018, beating the Zacks Consensus Estimate of $2.26 billion.
Group 1 Automotive (GPI) Rides on Dealership Expansions
by Zacks Equity Research
Group 1 Automotive (GPI) regularly acquires and divests dealerships, and franchises to expand business.
Daimler (DDAIF) Plans to Manufacture Smart EVs in China
by Zacks Equity Research
With a target to expand in countries that face emission and vehicle parking issues, Daimler (DDAIF) plans to manufacture Smart EVs in China with BJEV.
Magna (MGA) Misses Q2 Earnings Estimates, Lowers Guidance
by Zacks Equity Research
Magna (MGA) lowers 2018 outlook due to strengthening U.S. dollar, developments in transmission joint venture operations and effects of tariff.
Superior Industries (SUP) Beats on Q2 Earnings & Revenues
by Zacks Equity Research
Addition of two months of European operations, along with enhanced North American operations, drives Q2 earnings for Superior Industries (SUP).
VIX Plunges to 7-Month Low: 5 Top-Ranked Momentum Picks
by Nalak Das
Since stock market performance and volatility index move in opposite directions, this is an extremely positive sign for the U.S. stocks.
Harley (HOG) Looks for Alliance to Expand in India Market
by Zacks Equity Research
In order to expand footprint in International markets, Harley (HOG) seeks for a collaboration to manufacture lightweight motorcycles for the Indian market.
Cooper Tire (CTB) Earnings Beat Estimates in Q2, Down Y/Y
by Zacks Equity Research
Due to industry challenges, Cooper Tire (CTB) expects unit volume to be flat in 2018 compared with 2017.
Honda (HMC) to Recall Nearly 97K Avancier Models in China
by Zacks Equity Research
Cold-climate engine issue forces Honda (HMC) to announce a recall of 96,900 Avancier SUVs in China. Two other models, UR-V crossover and Honda Jade, are being checked for the same.
Cummins (CMI) Rides on Strong Demand & Innovative Products
by Zacks Equity Research
In 2018, Cummins (CMI) is likely to benefit from an increased engine and component demand for heavy- and medium-duty trucks in North America.
American Axle (AXL) Q2 Earnings Beat Estimates, Gain Y/Y
by Zacks Equity Research
American Axle (AXL) Q2 earnings drive past estimates. The company updates sales guidance for 2018.
PCAR or FOXF: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
PCAR vs. FOXF: Which Stock Is the Better Value Option?
Cooper-Standard (CPS) Q2 Earnings Miss Estimates, Up Y/Y
by Zacks Equity Research
Operating efficiency and fall in SGA&E expenses aid Cooper-Standard's (CPS) Q2 earnings.