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Zacks News
New Strong Sell Stocks for July 3rd
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
New Strong Sell Stocks for June 1st
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
New Strong Sell Stocks for May 30th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
New Strong Sell Stocks for May 22nd
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Genuine Parts (GPC) Q1 Earnings Miss, Revenues Top Estimates
by Zacks Equity Research
Year-over-year rise in net sales of automotive and industrial segments enables Genuine Parts (GPC) to drive past revenue estimates. However, earnings miss the same in Q1.
Group 1 (GPI) Extends in Brazil via Dealership Acquisition
by Zacks Equity Research
In order to generate new opportunities, Group 1 Automotive (GPI) acquires a new Toyota sales territory and expands its existing Honda dealership in Sao Paulo, Brazil.
Is AB Volvo (VLVLY) a Great Stock for Value Investors?
by Zacks Equity Research
Let's see if AB Volvo (VLVLY) stock is a good choice for value-oriented investors right now from multiple angles.
Standard Motor Rides on Plant Consolidations, Relocations
by Zacks Equity Research
Standard Motor (SMP) enjoys long-term business prospects that aid it in deploying capital efficiently.
Tesla (TSLA) to Lower Down Vehicle Deliveries in Norway
by Zacks Equity Research
Tesla (TSLA) CEO Elon Musk asks to slow down deliveries of electric cars in Norway due to local manufacturing supply chain issues.
Winnebago (WGO) Gains on Towable Unit, High Debt Level a Woe
by Zacks Equity Research
Winnebago (WGO) rides on robust towable segment growth. However, high material costs faced by the motorized segment and the considerable outstanding debt are hampering its financial performance.
Dana Raises Cash Consideration to $1.8B for GKN Driveline
by Zacks Equity Research
Dana (DAN) raises the offered cash amount by $140 million to combine the driveline unit of GKN.
Westport Fuel (WPRT) Q4 Earnings & Revenues Beat Estimates
by Zacks Equity Research
During fourth-quarter 2017, Westport Fuel's (WPRT) revenues improve on increasing value of Euro compared with the U.S. dollar and initial shipments of the Westport HPDI 2.0 product.
Nissan (NSANY) Sets Annual EV Sales Target of 1M by 2022
by Zacks Equity Research
Out of eight new all-battery EVs that Nissan (NSANY) is planning to roll out, four are targeted to the Chinese market.
AutoZone (AZO) Announces $1B Share Repurchase Authorization
by Zacks Equity Research
While maintaining enough liquidity, AutoZone (AZO) announces share repurchase authorization worth $1 billion to enhance shareholders' confidence in the company.
Group 1 Automotive's Investment Plans to Hamper Q1 Results
by Zacks Equity Research
Weak market conditions and long-term strategic investments, to strengthen the position in the market, might have a negative impact on Group 1 Automotive's (GPI) upcoming Q1 results.
Volkswagen Plans to Invest $340M for SUV Production in US
by Zacks Equity Research
Volkswagen (VLKAY) is going to invest $340 million to manufacture a new five-passenger SUV under its Atlas family.
Magna (MGA) & Lyft Tie Up to Develop Self-Driving Systems
by Zacks Equity Research
The partnership between Magna (MGA) and Lyft is effectively going to assist in the development and manufacturing of self-driving systems.
Ford (F) to Recall 1.38M Vehicles for Steering Wheel Issues
by Zacks Equity Research
The vehicles recall issued by Ford (F) includes 2014-2018 model year Ford Fusion vehicles and 2014-2018 Lincoln MKZ cars.
Johnson Controls Weighing Options for Power Solutions Unit
by Zacks Equity Research
Johnson Controls (JCI) considers various alternatives for its high-margin Power Solutions business so as to focus more on its core business.
AutoZone Drives on New Store Openings Despite Expense Woes
by Zacks Equity Research
AutoZone (AZO) utilizes strong cash position to open new stores every year.
Harley-Davidson (HOG) Builds Product Portfolio, Dealerships
by Zacks Equity Research
Harley-Davidson (HOG) is making long-term investments to expand its product portfolio.
The Zacks Analyst Blog Highlights: Ford, Toyota Motor, Volvo and Volkswagen
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Ford, Toyota Motor, Volvo and Volkswagen
How Trump Tariffs Could Impact the U.S. Auto Industry
by Sejuti Banerjea
Steel and aluminum are used as raw materials in cars, trucks, boats, beer cans and a host of other things, so the tariff means higher costs, and could also lead to job cuts.
Navistar's (NAV) Q1 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
In first-quarter fiscal 2018, Navistar's (NAV) revenues have risen 24% year over year, mainly due to the increase in sales volume of its Class 6-8 vehicles in the United States as well as Canada.
Group 1 Automotive (GPI) Rides on Dealership Expansions
by Zacks Equity Research
Group 1 Automotive (GPI) is frequently engaged in the acquisition and divestment of dealerships and franchises.