Trucks

Shares of Allison Transmission Holdings Inc (NYSE: ALSN) fell 3 percent Tuesday morning after analysts at Deutsche Bank turned sour on the stock. The firm's Nicole DeBlase downgraded Allison Transmission's stock rating from Hold to Sell with a price target slashed from $43 to $33 as the...

Truck transportation stocks are facing tremendous pressure after Covenant Transportation Group, Inc. (NASDAQ: CVTI) disclosed preliminary EPS for the third quarter that came in sharply below the estimates. The company indicated that it sees net income between $2.1 million and $3.2 million and EPS...

According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...

Shares of Ford Motor Company (NYSE: F) are higher by more than 11 percent from a year ago. Joseph Amaturo of Buckingham Research sees further upside as he upgraded the stock to Buy from Neutral with a price target raised to $18 from a previous $15. Amaturo noted Ford's accelerated...

In a report published Thursday, Credit Suisse analyst Dan Galves previewed General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F)'s upcoming first quarter results, noting both are expected to report an in-line quarter. "The industry continues to show substantial discipline...