The addition of European operations aids Superior Industries (SUP) to surpass Q4 earnings estimates.
The auto sector, which has been plagued with various challenges in the recent past, has received some boost on stronger economy and higher demand. Here are four auto stocks with strong potential.
Navistar (NAV) and TPI Composites to co-develop 30% lighter Class 8 trucks to cater the goods transportation market.
BorgWarner (BWA) offers its eGearDrive transmission for China FAW Group Corporation's two electric vehicle models namely Besturn B30EV and Junpai A70E.
With an aim to focus more on its core business, AutoZone (AZO) to sell Interamerican Motor Corporation to the Parts Authority.
Frequent acquisitions and store openings are going to help Lithia Motors (LAD) to expand its business, globally.
Toyota (TM) recalls another 64,900 vehicles due to defective electronic stability control systems.
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In spite of witnessing strong organic revenue growth in parts and services in the North American segment, LKQ Corp misses Q4 earnings estimates.
In an effort to revive its Korean operations, General Motors (GM) to invest $2.8 billion over the next 10 years.
Double-digit growth in Genuine Parts' (GPC) Automotive segment enables the company to drive past estimates.
Thor (THO) announces JV with Tourism Holdings, Ltd. This is likely to provide maximum benefits of digital connectivity in the fast-growing international marketplace.
New programs, existing product lines and Tenneco's (TEN) dominant presence in the light-vehicle market will help it achieve organic growth in revenues, across both the segments.
Double-digit revenue growth across all segments drive Lithia Motors (LAD) Q4 earnings.
Daimler AG (DDAIF) cautions that its shifting focus to electric vehicles could compel it to support its supply chain.