Auto Stock Roundup: Tesla Plunges on SolarCity Offer, Winnebago Posts Earnings
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 8:04AM CDT
Tesla's (TSLA) proposal to acquire SolarCity (SCTY) was the biggest news of the week in the auto sector. It pulled down Tesla's stock price by 10.45% on Wednesday.
TSLA: 193.15 (-3.25), HOG: 43.55 (-3.31), F: 12.52 (-0.88), WGO: 22.56 (-0.59), AAP: 154.52 (-0.41), SCTY: 22.20 (+0.22), HMC: 25.27 (-1.36)
SmarTrend Watching for Potential Rebound in Shares of Honda Motor After 1.15% Loss
Comtex SmarTrend(R) - Wed Jun 22, 3:02PM CDT
Honda Motor (NYSE:HMC) traded in a range yesterday that spanned from a low of $25.77 to a high of $26.25. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $25.81 on volume of 569,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
HMC: 25.27 (-1.36)
Hagens Berman: Acura Owners File Class-Action Lawsuit against Honda for Battery-Draining Bluetooth HandsFreeLink Defect
BusinessWire - Wed Jun 22, 12:57PM CDT
Owners of Honda Acura vehicles featuring the HandsFreeLink Bluetooth phone-pairing system are suing the automaker for a battery-draining defect that has plagued owners since at least 2005 despite Honda knowing about the issue, according to Hagens Berman.
HMC: 25.27 (-1.36)
Honda (HMC) Expands Recall for Takata Airbags in China
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 6:21AM CDT
Honda's (HMC) Chinese joint venture has announced the recall of another 1 million vehicles to replace possibly defective Takata airbags.
HMC: 25.27 (-1.36), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Honda recalls 1 million cars in China for air bag problems
AP - Fri Jun 17, 5:32AM CDT
BEIJING (AP) — Honda Motor Co.'s Chinese joint venture is recalling 1 million sedans and SUVs to replace possibly faulty air bags, the country's product quality agency announced Friday.
HMC: 25.27 (-1.36)
Auto Stock Roundup: Volkswagen Emission Fix Approved; GM, Ford Post China Sales
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:04AM CDT
Volkswagen (VLKAY) received the approval for fixing some emissions-rigged vehicles in Europe. General Motors (GM) and Ford (F) reported their China sales for May.
TSLA: 193.15 (-3.25), F: 12.52 (-0.88), THO: 62.90 (-3.40), GM: 28.35 (-1.47), HMC: 25.27 (-1.36), TTM: 33.89 (-2.90)
Honda recalls 784,000 vehicles in Japan over Takata air bags
By YURI KAGEYAMA - AP - Thu Jun 09, 2:39AM CDT
TOKYO (AP) — Japanese automaker Honda is recalling 784,000 vehicles in Japan due to faulty Takata Corp. air bag inflators for front passenger seats.
HMC: 25.27 (-1.36)
Criminal complaint filed in Japan over faulty Takata air bag
By YURI KAGEYAMA - AP - Wed Jun 08, 2:15AM CDT
TOKYO (AP) — A criminal complaint about a Takata air bag causing injuries in a crash has been filed in Japan, the first such case in this nation related to an unfolding massive recall.
F: 12.52 (-0.88), TM: 103.96 (-5.99), HMC: 25.27 (-1.36)
Recalls and ForEx Hinder Auto Sector Growth
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 1:49PM CDT
Recalls and ForEx Hinder Auto Sector Growth
TSLA: 193.15 (-3.25), TM: 103.96 (-5.99), HMC: 25.27 (-1.36)
Auto Sales Plunge in May: ETFs & Stocks in Focus
Sweta Killa - Zacks Investment Research - Thu Jun 02, 9:37AM CDT
Auto sales dropped 6% year over year due to weak demand for sedans and fewer selling days. This marks the biggest monthly drop in nearly six years.
F: 12.52 (-0.88), LKQ: 31.04 (-2.57), ORLY: 267.66 (+3.41), CARZ: 30.31 (-2.20), XLY: 76.15 (-2.96), GM: 28.35 (-1.47), TM: 103.96 (-5.99), HMC: 25.27 (-1.36), DLPH: 62.07 (-8.64), LEA: 104.78 (-11.09)
U.S. Auto Sales Fall 6.1% in May: 4 Stocks to Avoid Now
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 7:49AM CDT
U.S. light-vehicle sales fell 6.1% in May 2016. Auto stocks that have already been losing value should be avoided now.
CAAS: 3.35 (-0.13), TM: 103.96 (-5.99), HMC: 25.27 (-1.36)
US auto sales show signs of flattening out after long run up
By DEE-ANN DURBIN and TOM KRISHER - AP - Wed Jun 01, 4:43PM CDT
DETROIT (AP) — U.S. car buyers are tapping the brakes.
F: 12.52 (-0.88), GM: 28.35 (-1.47), TM: 103.96 (-5.99), HMC: 25.27 (-1.36)
Downgrade Alert for Honda Motor (HMC)
Comtex SmarTrend(R) - Wed Jun 01, 3:33AM CDT
Honda Motor (NYSE:HMC) was downgraded from Buy to Neutral at BofA/Merrill today. The stock closed yesterday at $27.98 on volume of 1.8 million shares, above average daily volume of 699,000. HONDA MOTOR CO., LTD. develops, manufactures, and distributes motorcycles, automobiles, and power products such as generators and farm machinery. The Company also operates a financial credit business. Honda Motor has manufacturing facilities in the US, Canada, the UK, France, Italy, Spain, Brazil, Mexico, India, and Thailand.
HMC: 25.27 (-1.36)
Honda's (HMC) Global Production Increases 6.5% in April
Zacks Equity Research - Zacks Investment Research - Mon May 30, 6:07AM CDT
Honda's (HMC) worldwide production volume for Apr 2016 was 403,742 units, up 6.5% from the figure reported in Apr 2015.
HMC: 25.27 (-1.36), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
General Motors to Recall Vehicles in China to Fix Engine Valve
Zacks Equity Research - Zacks Investment Research - Fri May 27, 7:46AM CDT
General Motors Company's (GM) main Chinese joint venture, SAIC Motor Corp Ltd announced that it will be recalling 2.2 million vehicles in China from Aug 15 onward.
F: 12.52 (-0.88), GM: 28.35 (-1.47), TM: 103.96 (-5.99), HMC: 25.27 (-1.36)
Ford (F) Recalls 48,700 EcoSport SUVs in India to Fix Defects
Zacks Equity Research - Zacks Investment Research - Mon May 23, 7:15AM CDT
Ford Motor Co. (F) announced that it is recalling around 48,700 EcoSport sport-utility vehicles (SUVs) in India.
F: 12.52 (-0.88), GM: 28.35 (-1.47), TM: 103.96 (-5.99), HMC: 25.27 (-1.36)
Honda (HMC) Slashed to Strong Sell: Should You Dump It?
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:10AM CDT
On May 17, 2016, Zacks Investment Research downgraded Honda (HMC) to a Zacks Rank #5 (Strong Sell), placing it among the bottom 5% of all stocks ranked by Zacks.
HMC: 25.27 (-1.36), SUP: 25.86 (-1.70), OSK: 45.88 (-2.76), LEA: 104.78 (-11.09)
Company News for May 16, 2016
Zacks Equity Research - Zacks Investment Research - Mon May 16, 9:10AM CDT
Companies in the News are: NVDA,SHAK,DDS,HMC
DDS: 59.63 (-0.42), SHAK: 35.55 (-1.61), HMC: 25.27 (-1.36), NVDA: 45.73 (-2.76)