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Zacks News
Is Magna International a Great Stock for Value Investors?
by Zacks Equity Research
Let's see if Magna International (MGA) stock is a good choice for value-oriented investors right now from multiple angles.
Cummins (CMI) Announces 5.6% Hike in Quarterly Dividend
by Zacks Equity Research
In sync with its target to return 50% of full-year operating cash flow to shareholders, Cummins (CMI) announces a dividend hike of 5.6% to $1.14 per share.
Automotive Equipment Industry Pins Hope on Best 4 Stocks
by Zacks Equity Research
With evolving automotive technologies and economic progress, the OEM industry witnesses a surge in demand for advanced and high-quality auto equipment.
CarMax Gains From Robust Used-Car Market, Store Expansion
by Zacks Equity Research
Increased demand for used vehicles and aggressive store expansion in new and existing markets are driving CarMax's (KMX) revenue growth.
Tesla Inks Deal to Build Factory in Shanghai, 1st Outside US
by Zacks Equity Research
Tesla's (TSLA) deal to build a factory in Shanghai comes after 20% rise in prices of Model X and Model S in China by the company.
Tesla (TSLA) Raises Prices in China as Trade Spat Escalates
by Zacks Equity Research
Tesla (TSLA) raises prices of Model X and Model S vehicles by 20% in China.
General Motors (GM) to Ramp Up Chevrolet Bolt EV Production
by Zacks Equity Research
General Motors (GM) to increase the production of Chevrolet Bolt EV by 20% in fourth-quarter 2018 to meet the growing demand for its electric compact crossovers.
Volkswagen to Start Car Sharing Service With EVs in Germany
by Zacks Equity Research
Volkswagen (VLKAY) to begin EV-based car-sharing service in 2019 to attract customers, who don't prefer to purchase cars.
Volkswagen's Skoda Invests EUR 1B in INDIA 2.0 Campaign
by Zacks Equity Research
Volkswagen (VLKAY) announces EUR 1 billion investment for its planned model campaign. The investment is to tap the projected increase in vehicle demand in India, within next few years.
Cooper Standard to Acquire Lauren Manufacturing & Plastics
by Zacks Equity Research
The acquisition of Lauren Manufacturing & Plastics to aid Cooper-Standard (CPS) to expand in markets served by its Industrial and Specialty Group.
Tesla (TSLA) Announces Q2 Production & Delivery Numbers
by Zacks Equity Research
Tesla (TSLA) marks a productive quarter by manufacturing 53,339 vehicles. The company witnesses 55% sequential rise in second-quarter 2018.
Cummins (CMI) to Acquire EDI for Electrified Technologies
by Zacks Equity Research
In an effort to develop electrification capabilities and grow market share, Cummins (CMI) is set to acquire EDI.
American Axle (AXL) to Open Plant in Spain to Meet Demand
by Zacks Equity Research
American Axle (AXL) to open a manufacturing hub in Viladecans, Spain, to expand its customer base in Europe.
MGA vs. SPAR: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
MGA vs. SPAR: Which Stock Is the Better Value Option?
Auto Stock Roundup: GM to Replace Cadillac Sedans, F & VLKAY to Form Alliance
by Zacks Equity Research
Customers show a distinct shift in their preferences for trucks and SUVs. Automakers are reorienting their programs and strategies to respond to the situation.
Magna (MGA) Forms JVs to Engineer & Manufacture EVs for China
by Zacks Equity Research
With an aim to strengthen footprint in China, Magna (MGA) forms two joint ventures with BAIC's Beijing Electric Vehicle to manufacture EVs.
Zacks.com featured highlights include: Chemours, MKS, Magna, Anthem and Progressive
by Zacks Equity Research
Zacks.com featured highlights include: Chemours, MKS, Magna, Anthem and Progressive
Advance Auto Parts Focuses on Expansion, Expenses a Woe
by Zacks Equity Research
Widening of footprint through collaborations and rolling out of a website for professional customers might help Advance Auto Parts (AAP). However, huge capital expenditure is a headwind.
5 Excellent Dividend Growth Stocks to Evade Trade Fears
by Sweta Killa
Growing trade and tariff talks between the United States and many other countries across the globe has raised the appeal for dividend growth stocks. Here are some excellent picks.
PACCAR to Gain From Rising Truck Demand, Competition a Woe
by Zacks Equity Research
Robust global truck demand to aid PACCAR's (PCAR) earnings and market share. However, rising competition in the United States and Canada is a headwind.
Dana Launches Drivetrains for Commercial Vehicle Aftermarket
by Zacks Equity Research
In order to cater to the commercial vehicle aftermarket, Dana (DAN) launches drivetrain product line Spicer Select, preferably for old vehicles.
Magna (MGA) & May Mobility to Develop Autonomous Shuttle
by Zacks Equity Research
Magna (MGA) partners with MI-based May Mobility to co-develop self-driving electric shuttle, which is scheduled to be introduced in June 2018.
Genuine Parts (GPC) to Acquire Automotive Company in Europe
by Zacks Equity Research
Genuine Parts' (GPC) Alliance Automotive Group to acquire German Hennig Fahrzeugteile Group. This acquisition is in line with the company's global growth strategy through acquisitions.
Magna (MGA) Up 4.9% Since Earnings Report: Can It Continue?
by Zacks Equity Research
Magna (MGA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MGA vs. SPAR: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
MGA vs. SPAR: Which Stock Is the Better Value Option?