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Zacks News
Toyota's Group to Form JV to Combine Self-Driving Technology
by Zacks Equity Research
A joint venture formed by Toyota's (TM) Denso, Aisin Seiki, Jtekt and Advics is likely to combine technologies such as braking and steering.
Auto Stock Roundup: Toyota to Raise Production Capacity in China, Ford Issues Recall
by Zacks Equity Research
Toyota (TM) and Nissan (NSANY) announce plan to raise manufacturing capacity in China. Ford (F) and Volkswagen (VLKAY) face recalls.
Company News For Aug 20, 2018
by Zacks Equity Research
Companies In The News are: JWN,DE,ATGE,TM
Toyota to Expand Guangzhou & Tianjin Hubs' Capacity in China
by Zacks Equity Research
In order to expand its market share in China, Toyota (TM) expands capacity at its two plants in the country. The capacity expansion is going be used to produce EVs.
Auto Stock Roundup: Earnings Nearing End, Honda to Recall, Harley Seeks Partner
by Zacks Equity Research
While AutoNation (AN), American Axle (AXL) and Cooper Tire (CTB) report an earnings beat, Cooper-Standard (CPS) registers an earnings miss.
Toyota's (TM) Operating Income and Revenues Improve Y/Y in Q1
by Zacks Equity Research
Toyota's (TM) Q1 net income rises roughly 7% year over year to 657.3 billion yen. However, the company provides a weak guidance for FY19.
Toyota (TM) Ticks Down Ahead of Earnings: What To Expect
by Afrasiab Mian
Shares of Toyota Motor Corp. (TM) ticked down 0.4% during regular trading hours Thursday, the last day before the Japanese automotive giant releases its latest quarterly earnings report. Here's what to expect Friday morning.
A Complete Breakdown of Slowing Manufacturing Growth in Key Asian Markets
by Afrasiab Mian
Multiple key Asian economies released their Purchasing Managers' Index data for July this week. Most countries noted diminished production during the month, but why was this the case? Let's take a closer look.
Tesla (TSLA) Stock Climbs 2.75% Ahead of Q2 Earnings: What To Watch
by Benjamin Rains
Shares of Tesla (TSLA) popped 2.75% during regular trading hours Tuesday, which means investors might be anticipating good things from the electric vehicle company's second-quarter financial results. Let's see what they should really expect.
Should You Buy Tesla (TSLA) Stock Ahead of Q2 Earnings?
by Benjamin Rains
Tesla (TSLA) has seen its stock price slip over 3% in the last three months amid nearly constant updates and negative headlines, many of which focus on outspoken CEO Elon Musk. But investors need to block out the noise to focus on what they should really expect from Tesla's second-quarter financial results in order to see if TSLA stock might be worth buying.
Why Tesla (TSLA) Stock Fell Today & How Much Worse It Might Get
by Benjamin Rains
Shares of Tesla (TSLA) sunk Monday on the back of a UBS analyst note that said the electric car company's stock price could fall by more than 30% over the next 12 months as it is forced to seek outside funding.
Will Auto & Energy Sales Drive Tesla's (TSLA) Q2 Earnings?
by Zacks Equity Research
Rise in Model 3 production and powerpack deployments might boost Tesla's (TSLA) revenues in second-quarter 2018.
New JPMorgan Japan ETF Tops $1B in AUM
by Sweta Killa
BBJP has been surging in popularity with its assets growing more than 10,900% over the past week and becoming the second-fastest ETF to reach the $1 billion milestone.
Should Investors Avoid Tesla (TSLA) Stock?
by Benjamin Rains
Shares of Tesla (TSLA) plummeted Monday following a report that the electric car company is seeking refunds from suppliers, dating back as far as 2016, in order to help it sustain operations and become profitable. The somewhat unprecedented move highlights why many investors have grown more skeptical about Tesla. So now the question is should investors run away from Tesla stock?
Automakers Oppose Tariffs: Will Trump Administration Yield?
by Ritujay Ghosh
Domestic automakers will suffer equally if tariffs are imposed on car imports, as a number of U.S. carmakers have their production units offshore.
Auto Stock Roundup: Tariff Woes Rampant, Ford to Settle Takata Lawsuit
by Zacks Equity Research
According to the Alliance of Automobile Manufacturers, 25% tariff on imported cars and parts would raise the price of U.S. vehicles by $83 billion annually, leading to job losses.
Top Ranked Income Stocks to Buy for July 17th
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 17th:
What Should Investors Do With Tesla (TSLA) Stock?
by Benjamin Rains
Shares of Tesla (TSLA) plummeted Monday after chief executive Elon Musk once again found himself in hot water after he posted a rude comment about a British cave explorer regarding the Thailand cave rescue mission. Although the CEO's statements were crass, they don't really impact Tesla's core business. So let's assess TSLA stock at what could be a buying point.
Bear of the Day: Volkswagen (VLKAY)
by David Bartosiak
Dieselgate may be over and done with but Volkswagen has a long way to go.
WABCO (WBC) Signs Deal With Hyundai to Offer Air Disc Brakes
by Zacks Equity Research
WABCO (WBC) lands a contract to supply single-piston air disc brakes for Hyundai's new range of medium-duty trucks.
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.
Auto Sales Rise in June: Can Tariffs Stall Momentum?
by Swarup Gupta
Analysts estimate that this tariffs could raise car prices by several thousand dollars per unit.
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.
Should You Buy Tesla (TSLA) Stock On Model 3 Production Progress?
by Benjamin Rains
Shares of Tesla (TSLA) opened higher on Monday morning, only to sink later on, after the company announced that it produced more than 5,000 Model 3 vehicles during the last seven days of the second quarter. Now, the question is should investors buy Tesla stock since the electric vehicle firm finally reached its production goal for its mass-market Model 3 sedan.
Volkswagen Opens Plant at Rwanda to Tap Ride-Sharing Market
by Zacks Equity Research
Volkswagen (VLKAY) opens its first facility in Rwanda to cater to customers and operate its car-sharing system.