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Zacks News
BorgWarner (BWA) Introduces On-Demand EMOD Transfer Case
by Zacks Equity Research
BorgWarner (BWA) launches its new Torque-On-Demand based transfer case, designed for different vehicle types, including pickup trucks and SUVs.
Honda to Lower Sedan Production on Waning Industry Demand
by Zacks Equity Research
Automakers are reorienting their strategies as demand for conventional compact and midsize sedans has declined, while that of SUVs and pickup trucks has increased.
Volkswagen to Speed Up Midsize Pickup Vehicles Race
by Zacks Equity Research
Volkswagen (VLKAY) is set to launch a U.S.-made pickup, model which is likely to be manufactured in Tennessee.
Ford and Mahindra to Build EV, SUVs for Emerging Markets
by Zacks Equity Research
Ford's (F) global reach and Mahindra's market presence are going to expand the collaboration's presence in emerging markets.
Why Honda Motor (HMC) is Such a Great Value Stock Pick Right Now
by Zacks Equity Research
Honda Motor (HMC) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
General Motors (GM) to Invest $100M for Cruise AV Production
by Zacks Equity Research
With an aim to launch the self-driving Cruise AV car, General Motors (GM) to invest $100 million at its two plants in Michigan for production.
Volkswagen (VLKAY) to Invest $25M for EV Battery Outsourcing
by Zacks Equity Research
Volkswagen (VLKAY) has partnered with battery producers who will supply the battery capacity for manufacturing its EVs. Also, it is going to invest $25 billion as part of the collaboration.
Copart (CPRT) to Gain From Acquisitions, Location Expansion
by Zacks Equity Research
In order to strengthen its position in the market, Copart (CPRT) focuses on acquisitions across continents. Also, with inflating volumes, it expects to gain from facility expansion.
American Axle (AXL) Plans to Propose $350M Senior Notes
by Zacks Equity Research
In order to repay its outstanding senior notes due to mature in 2021 and bearing an interest rate of 6.25%, American Axle (AXL) to offer $350 million senior notes via a public offering.
Toyota to Offer MSPF to Avis for Improved Rental Experience
by Zacks Equity Research
Toyota (TM) has partnered with Avis Budget Group to offer 10,000 vehicles and utilize its proprietary Mobility Services Platform (MSPF) to craft a flawless rental experience for customers.
Goodyear Showcases Its Intelligent Tire for Fleet Operators
by Zacks Equity Research
In order to offer a cost-efficient option to manage shared mobility services, Goodyear (GT) displays its intelligent tire prototype designed for fleet operators.
Thor Industries (THO) Q2 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Double-digit sales growth in the company's Towable and Motorized RVs segment drives Thor Industries' (THO) Q2 earnings.
Auto Stock Roundup: GM, F February Sales Fall, Thor Earnings Beat, Tariff-Fear Lurks
by Zacks Equity Research
U.S. sales of General Motors (GM), Ford (F), Fiat Chrysler (FCAU) and Honda (HMC) post sales decline for February, Toyota (TM) sees rise.
Should You Steer Clear of Auto ETFs & Stocks?
by Sweta Killa
The year 2018 seems to be a challenging one for automakers and the auto ETFs.
Foreign Stock Roundup: Vale, AB InBev Impress, Royal Bank of Scotland Disappoints
by Swarup Gupta
Global stocks traversed another turbulent week marked by President Trump's surprise tariff announcement.
Autos' February Sales Sag on Weak Demand & Thin Discount
by Zacks Equity Research
Auto sector's February sales slip. General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC) and Nissan (NSANY) report sales decline while Toyota's (TM) sales rise.
Honda (HMC) Rides on Vision 2030 Plan, Vehicle Recall a Woe
by Zacks Equity Research
Honda (HMC) expects to benefit from its Vision 2030 plan, which aims to cut development costs and focus more on electric vehicles. However, frequent vehicle recalls raise concerns.
The Zacks Analyst Blog Highlights: Bristol-Myers, Honda, Danaher, MetLife and V.F.
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Bristol-Myers, Honda, Danaher, MetLife and V.F.
ETFs in Focus Post Automobile Earnings
by Zacks Equity Research
Giants in the Automobile industry report quarterly results.
Honda's (HMC) Q3 Earnings Rise Y/Y, Revenues Beat Estimates
by Zacks Equity Research
Honda (HMC) reports earnings per share improvement from the prior-year quarter figure.
Honda (HMC) to Release Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Honda's (HMC) efforts to develop electric vehicles and lower manufacturing costs might aid its Q3. However, frequent vehicle recalls and declining operating income raise a concern.
Auto Stock Roundup: General Motors, Ford Provide 2018 Outlook, Toyota Gears up for JV
by Zacks Equity Research
A number of automakers, including General Motors (GM) and Ford (F), provided their 2018 outlook.
Foreign Stock Roundup: Infosys Beats; AstraZeneca's Asthma Drug Gets Approval in EU
by Swarup Gupta
Global markets endured a volatile week, guided by opposing factors.
Honda (HMC) to Recall 465K Vehicles Over Takata Airbag Issue
by Zacks Equity Research
In line with the recently announced recall of around 3.3 million inflators by Takata, Honda (HMC) to recall around 465,000 of Honda and Acura models.
The Zacks Analyst Blog Highlights: ExxonMobil, AT&T, Wells Fargo, Honda Motor and ABB
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, AT&T, Wells Fargo, Honda Motor and ABB