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Zacks News
Tesla (TSLA) Buys DeepScale to Develop Fully Autonomous Cars
by Zacks Equity Research
The financial details of Tesla's (TSLA) DeepScale transaction has been kept under wraps.
New Strong Buy Stocks for October 4th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Friday
Tesla (TSLA) Falls Short of Achieving Q3 Delivery Target
by Zacks Equity Research
Tesla (TSLA) delivers 79,600 Model 3, and 17,400 Model S and X cars in the three months ended September 2019.
Fiat Chrysler (FCAU) Fined $40M for Inflating Sales Numbers
by Zacks Equity Research
Fiat Chrysler's (FCAU) payment of $40-million penalty will not have a significant impact on its financials.
Cummins and Hyundai to Collaborate for Fuel Cell Technology
by Zacks Equity Research
The collaboration of Cummins (CMI) and Hyundai is likely to have a significant impact on the commercial vehicle market.
AutoZone (AZO) Soars 30% Year to Date: More Room Ahead?
by Zacks Equity Research
While AutoZone (AZO) is benefitting from robust sales, high-quality products, supply-chain network and omnichannel presence, tariff woes and high costs may somewhat dent margins.
Is Ford Considering a JV With Mahindra & Mahindra in India?
by Zacks Equity Research
By entering into a JV, Ford will be shifting from its decades-old strategy of running independent operations in India.
Daimler to Pay $960M for Diesel Car Probe in Germany
by Zacks Equity Research
Daimler's (DDAIF) fine is not expected to have an additional negative impact on third-quarter earnings.
AutoZone (AZO) Q4 Earnings Beat on Higher Commercial Sales
by Zacks Equity Research
Domestic commercial sales of AutoZone (AZO) in the fiscal fourth quarter are $886.5 million, up from $731.8 million in the year-ago period.
CarMax (KMX) Q2 Earnings Beat on Used-Vehicle Unit Strength
by Zacks Equity Research
Higher unit sales and improved average selling price drive total revenues from CarMax's (KMX) used-vehicle segment in second-quarter fiscal 2020.
Toyota (TM) Rallies 17.4% YTD: What's Driving the Stock?
by Zacks Equity Research
Developing self-driving, electric and fuel vehicles, changing product mix and investments are contributing to the rally in Toyota's (TM) shares.
Here's Why Investors Should Dump American Axle (AXL) Now
by Zacks Equity Research
American Axle (AXL) revenues are significantly affected by lower sales and high costs.
Navistar (NAV) to Invest $250M to Build Truck Plant in Texas
by Zacks Equity Research
Navistar (NAV) anticipates a 15% reduction in its logistic costs and a 20% reduction in its supply base due to the opening of its plant at Texas.
Daimler's Electric Trucks to Run on Batteries Supplied by CATL
by Zacks Equity Research
The partnership will provide Daimler (DDAIF) a wide range of electric trucks for series production, beginning 2021.
American Axle to Sell U.S Iron Casting Unit to Gamut Capital
by Zacks Equity Research
American Axle (AXL) to sell its U.S Iron Casting Operations while retaining Mexico iron casting operations.
Toyota (TM) Invests $391 Million at San Antonio Facility
by Zacks Equity Research
Toyota's (TM) investment would boost the San Antonio plant's capabilities.
Ford Recalls Explorer SUVs to Repair Sharp Seat Frame Edges
by Zacks Equity Research
Ford (F) to install tape over the exposed edges of recalled vehicles for free.
Cummins' (CMI) Hydrogenics Buyout to Boost Fuel-Cell Strength
by Zacks Equity Research
Cummins' (CMI) Hydrogenics buyout deal will help boost its fuel-cell capabilities, backed by the latter's expertise and innovative approach.
General Motors & Google Team Up for New In-Vehicle Technology
by Zacks Equity Research
The integration of Google technology and service into General Motors' (GM) vehicle-infotainment systems fosters an efficient driving experience.
Volkswagen August Sales Up 9.8% Y/Y Backed by SUV Growth
by Zacks Equity Research
Volkswagen (VWAGY) puts up a solid sales performance in August backed by robust SUV demand.
Navistar (NAV) Beats Earnings and Revenue Estimates in Q3
by Zacks Equity Research
Navistar's (NAV) Q3 revenues rise on robust sales volume of Class 6-8 trucks and buses in the United States as well as Canada.
New Strong Buy Stocks for September 5th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Thursday
New Strong Buy Stocks for August 9th
by Nitish Marwah
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today.
Analysts Estimate SPX (SPXC) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
SPX (SPXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
High Costs Hurt Auto Replacement Parts Industry's Prospects
by Gargi Dam Kanunjna
High manufacturing related costs are a concern for Auto Replacement Parts stocks. However, auto sector's changing dynamics bode well for the industry.