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Zacks News
General Motors (GM) Recalls 800K Trucks for Faulty Steering
by Zacks Equity Research
General Motors (GM) is in the process of recalling 800,000 pickup trucks due to faulty power steering. Most recalled vehicles are from the U.S., Canada and other global markets.
Superior Industries (SUP) Q2 Earnings Miss, Revenues Beat
by Zacks Equity Research
Superior Industries' (SUP) Q2 earnings lag estimates majorly due to costs related to the acquisition of UNIWHEELS. However, revenues beat estimates.
Toyota's (TM) Q1 Earnings Beat, Revenues Increase Y/Y
by Zacks Equity Research
Better performance year over year across all segments helped Toyota (TM) beat on Q1 estimates. The company has also provided new projections for FY18.
Cooper Tire & Rubber (CTB) Q2 Earnings Beat, Revenues Miss
by Zacks Equity Research
Robust revenue growth at International Tire Operations segment aids Cooper Tire & Rubber's (CTB) Q2 results.
Meritor (MTOR) Q3 Earnings & Revenues Beat, Improve Y/Y
by Zacks Equity Research
Driven by continued material performance, Meritor (MTOR) beats on Q3 earnings.
Tesla (TSLA) Q2 Loss Wider Than Expected, Revenues Beat
by Zacks Equity Research
The combined sales of Model S and Model X help Tesla (TSLA) beat revenue estimates in Q2. However, loss widens.
Delphi Automotive (DLPH) Q2 Earnings & Revenues Top Estimates
by Zacks Equity Research
Delphi's (DLPH) Q2 earnings and revenue beat estimates. The company increases its sales and earnings outlook for full year and lowers the same for the third quarter.
New Strong Buy Stocks for July 28th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
Harley-Davidson (HOG) Q2 Earnings Beat Estimates, Fall Y/Y
by Zacks Equity Research
Harley-Davidson's (HOG) Q2 results show revenue decline due to lower shipments and challenging market conditions.
BorgWarner Inks Deal to Acquire Sevcon for Around $200M
by Zacks Equity Research
For BorgWarner (BWA), the acquisition of Sevcon is likely to be accretive as it supports the strategy of supplying necessary technology for all types of propulsion systems.
Magna (MGA) Wins Contract to Manufacture Jaguar E-PACE Car
by Zacks Equity Research
Magna International Inc. (MGA) has announced that it has received a contract to produce Jaguar Land Rover's E-PACE at its manufacturing facility in Graz, Austria.
New Strong Buy Stocks for July 17th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Monday
Volkswagen Pairs Up with NVIDIA to Develop AI Proficiency
by Zacks Equity Research
Volkswagen AG (VLKAY) has recently made a strategic partnership with the U.S. technology company, NVIDIA Corporation (NVDA).
Ford (F) to Recall Models for Safety Issues in North America
by Zacks Equity Research
Ford Motor Company (F) is issuing one safety recall and two safety compliance recalls for its Ford Transit van/bus vehicles in North America
Why Should You Steer Clear of AutoNation (AN) Stock Now?
by Zacks Equity Research
On Jun 27, Zacks Investment Research has downgraded AutoNation Inc. (AN) to a Zacks Rank #5 (Strong Sell)
General Motors to Settle Lawsuits Over Ignition Switches
by Zacks Equity Research
Per a Reuters report, General Motors Company (GM) has agreed to settle lawsuits moved by 203 plaintiffs pertaining to the defective ignition switches in vehicles.
Is Harley-Davidson (HOG) Joining the Ducati Takeover Race?
by Zacks Equity Research
Harley-Davidson, Inc. (HOG) is entering the race to acquire Italian motorcycle manufacturer Ducati, according to Reuters.
CarMax (KMX) Q1 Earnings Increase 25.6% Y/Y, Top Estimates
by Zacks Equity Research
CarMax Inc. (KMX) posted earnings per share of $1.13 in the first quarter of fiscal 2018 (ended May 31, 2017), reflecting an increase of 25.6% from 90 cents earned a year ago.
Tesla (TSLA) Gearing Up for Vehicle Production in China
by Zacks Equity Research
Per a Bloomberg report, Tesla, Inc. (TSLA) is close to begin vehicle production in China. The Palo Alto, CA-based electric vehicles maker is about to enter into an agreement with the city of Shanghai.
General Motors (GM) to Cancel Shift, Lay Off 1,000 Workers
by Zacks Equity Research
General Motors Company (GM) is scheduled to cancel a shift in its sedan plant at Kansas City, MI.
General Motors to Open Park in Arlington Plant, Offer Jobs
by Zacks Equity Research
General Motors Company (GM) plans to open a new supplier park at its already existing Arlington assembly plant in Texas
General Motors Finishes Self-Driving Test Vehicle Production
by Zacks Equity Research
General Motors Company (GM) announced the completion of 130 Chevrolet Bolt EV test vehicle production at the Orion Assembly Plant located in Orion Township, MI.
The Zacks Analyst Blog Highlights: Tesla, Twitter, Fox Factory Holding and PACCAR
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Twitter, Fox Factory Holding and PACCAR
Musk & His Models: What's New at Tesla Shareholders Meeting?
by Sejuti Banerjea
Elon Musk, with his clean energy goals and sky-high ambitions, charmed investors once again at the annual shareholder meeting.
General Motors (GM) to Lay Off 600 Workers in South Africa
by Zacks Equity Research
General Motors Company (GM) has confirmed its plans to lay off 600 workers in South Africa per a statement issued by The National Union of Metalworkers of South Africa (NUMSA).