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Zacks News
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).
Group 1 Acquires Two Honda Dealerships in Texas & Louisiana
by Zacks Equity Research
In sync with Group 1's (GPI) business expansion plan, the company acquires two Honda dealerships in the United States.
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.
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.
Can Japan Hold on to Second-Largest Equity Market Position?
by Ritujay Ghosh
Japan reclaiming the crown as the world's second biggest stock exchange doesn't have a direct relation to China's economic slowdown, but shows that it is slowly rebounding from the first-quarter contraction.
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.
The Zacks Analyst Blog Highlights: Ford, Autoliv, Honda, Tesla and Penske
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Ford, Autoliv, Honda, Tesla and Penske
Auto Stock Roundup: Ford, Tesla Earnings Miss, Honda Motor Revenues Up
by Zacks Equity Research
In 2018, auto sector witnesses strong sales so far. However, two industry biggies, Ford (F) and Tesla (TSLA) report earnings miss.
AutoNation (AN) Q2 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Growth in Import and Premium Luxury segments aids AutoNation (AN) to surpass Q2 earnings estimates. Further, the company announces two acquisitions in Southern California and Dallas.
Meritor (MTOR) Q3 Earnings & Revenues Drive Past Estimates
by Zacks Equity Research
Double-digit revenue increase in both the segments aids Meritor (MTOR) to beat on Q3 earnings.
Honda (HMC) Reports Y/Y Improvement in Q1 Profit and Revenues
by Zacks Equity Research
Honda's (HMC) Q1 performance gains on higher revenues in all business operations.
Honda (HMC) to Report Q1 Earnings: What's in the Cards?
by Zacks Equity Research
Honda (HMC) to gain from facility expansion and collaboration with other companies. However, rising costs are a woe for the company ahead of its Q1 earnings release.
ETFs & Stocks to Buy on Auto Industry's Resilient 1H
by Sweta Killa
Thanks to high consumer confidence and low unemployment, the auto industry has proved resilient so far in 2018, dodging the negative impacts of higher gas prices, rising interest rates and tariff threats.
Proposed Tariffs by Trump Push US Automakers to Low Gear
by Sanjoy De
The proposed tariffs by Trump are likely to hit the U.S. auto industry, which is heavily dependent on a complicated global supply chain.
Can the Auto Industry Overcome Hurdles Posed by Trade Spats?
by Ritujay Ghosh
The trade spat between the United States and China, EU, Mexico and Canada now looks more like a double-edged sword.
Moving Average Crossover Alert: Honda Motor (HMC)
by Zacks Equity Research
Honda Motor Co., Ltd. (HMC) could be a stock to avoid from a technical perspective
General Motors, Honda to Develop Electric Vehicle Batteries
by Zacks Equity Research
General Motors (GM) and Honda (HMC) to work together to develop batteries for electric vehicles, mainly for the North American market.
Leading Automakers' U.S. Sales in May Present a Mixed Bag
by Zacks Equity Research
Vehicles sales in the United States up an estimated 2% in May 2018. Robust consumer confidence and low unemployment help in lowering the impact of rising fuel prices and interest rates.
Is Trump Constructing a Bumpy Road for Japanese Automakers?
by Ritujay Ghosh
Revenues of Japanese automakers could be hit hard, which could compel them to shift their production to the United States, although producing cars domestically has been more viable.
Stock Market News For May 24, 2018
by Zacks Equity Research
Markets closed slightly higher on Wednesday after the minutes of Fed???s meeting hinted that policy makers aren???t worried about inflation.
Automakers Focus on Made-in-China EVs as Competition Rises
by Zacks Equity Research
In order to tap the thriving EV market in China, automakers are opting for locally-manufactured, affordable vehicles for buyers.
Honda to Invest $30M in Ohio Facilities to Boost Production
by Zacks Equity Research
Honda (HMC) begins the production of new 2019 Honda Insight hybrid model at Greensburg, IN facility. The investment is in sync with the strategy to boost the production of its electric vehicles.
Beat Ratios Upbeat in Auto Earnings: Time to Buy the ETF and Stocks?
by Sanghamitra Saha
The auto sector reported good beat ratios in the latest earnings season. Time to buy the pure-play auto ETF?
Will Automakers' Shift From Sedan to SUVs Pull Up Sales?
by Ritujay Ghosh
An increasing number of Americans are opting for more space in their vehicles, which has resulted in a higher demand for SUVs and pickup trucks.
Group 1 Automotive (GPI) Beats on Q1 Earnings & Revenues
by Zacks Equity Research
Solid U.S. performance in March and gains from new tax law aid Group 1 Automotive's (GPI) first-quarter 2018 results.