$GNTX (Gentex Corp.)

$GNTX {{ '2016-04-22T17:31:18+0000' | timeago}} • Webcast

$GNTX said CapEx for 1Q16 was $20.3MM compared to $15.2MM in the year ago quarter and expects its FY16 CapEx to be in the range of $115-130MM. For CY16, the company expects net sales to be between $1.64-1.72Bil; gross profit margin between 38.5-39.5%; and OpEx in the range of $152-160MM.

$MSFT {{ '2017-07-18T14:54:03+0000' | timeago}} • Announcement

$MSFT partners with Chinese Internet search giant $BIDU. Baidu will use the tech giant's cloud computing platform Microsoft Azure for its self-driving car project Apollo. Baidu, which competes with $GOOG and $TSLA in the self-driving vehicle market, will use Microsoft's Azure and share its technologies with Apollo partners outside China.

$AXL {{ '2017-07-14T16:52:18+0000' | timeago}} • Announcement

$AXL appointed Michael Bly as VP Sales, Driveline. In this role, Bly will oversee all global commercial activities for $AXL's Driveline Business Unit. Bly joined the company in 2014, as President, American Axle & Manufacturing Europe.

$CMI {{ '2017-07-11T20:08:41+0000' | timeago}} • Announcement

$CMI's BoD approved an increase in the company's quarterly cash dividend on common stock from $1.025 per share, to $1.08 per share, payable on September 1, 2017, to shareholders of record on August 18, 2017.

$CMI {{ '2017-07-11T19:53:34+0000' | timeago}} • Announcement

$CMI announced the election of two new members to its BoD, Karen Quintos, EVP and Chief Customer Officer, Dell Technologies Inc. and Rich Freeland, President and COO of $CMI.

$F {{ '2017-07-11T12:52:02+0000' | timeago}} • Announcement

$F issued a safety recall for certain vehicles. The affected vehicles include: Ford Edge vehicles built at Oakville Assembly Plant, April 25 to June 20, 2017,  Ford Fusion vehicles built at Hermosillo Assembly Plant, May 4 to June 15, 2017, and Lincoln MKZ vehicles built at Hermosillo Assembly Plant, May 4 to June 19, 2017.

$F {{ '2017-07-11T12:50:40+0000' | timeago}} • Announcement

$F issued a safety recall for certain vehicles with 6F35 transmissions to replace torque converters. In the affected vehicles, if the welded studs detach, the torque converter will lose coupling to the engine flexplate. This can result in loss of motive power without warning while driving, which may increase the risk of a crash.

$F {{ '2017-07-11T12:48:47+0000' | timeago}} • Announcement

In North America, $F issued a safety recall for about 6,000 Ford Edge, Fusion and Lincoln MKZ 2.0-liter gas engine-equipped vehicles with 6F35 transmissions that may have torque converters with inadequately welded studs.

$F {{ '2017-07-06T14:06:30+0000' | timeago}} • Announcement

$F reported a 15% annual growth in sales in the Chinese market in June, with the number crossing 100K units. Sales at Changan Ford Automobile grew 9% annually, and those at Jiangling Motor Corporation climbed 27%.  Sales at Lincoln were higher by 84% compared to June 2016.

$GM {{ '2017-07-05T11:21:05+0000' | timeago}} • Announcement

$GM and its JV in China achieved its highest June sales ever, with deliveries rising 4.3% on an annual basis to 285,191 vehicles. The Buick, Cadillac and Baojun brands had record results for June, while Chevrolet had its strongest growth in six months. $GM's SUV segment remained the key driver of its sales growth and grew 42% in June.

$GM {{ '2017-07-03T14:04:22+0000' | timeago}} • Announcement

$GM reported a 3% annual decrease in overall US retail sales in June. However, sales of crossover vehicles jumped 23% on strong performance by the Chevrolet Equinox and Buick brands. Commercial sales in the US rose 36% during the month.  Total global vehicle sales were lower by 5% compared to June 2016.

$MMM {{ '2017-06-30T15:31:24+0000' | timeago}} • Announcement

$MMM completed the sale of its tolling and automated license/number plate recognition business to Neology, which is a subsidiary of SMARTRAC, a portfolio company managed by One Equity Partners. The impact of the transaction will be neutral to both 2Q17 and full-year 2017 GAAP EPS.

$SUP {{ '2017-06-30T13:26:34+0000' | timeago}} • Announcement

Aluminium wheel manufacturer $SUP has named Nadeem Moiz as EVP, President and CFO, effective July 1, 2017. Most recently, Moiz served as SVP and CFO of Direct ChassisLink. Earlier, Moiz held various leadership roles at DaimlerChrysler and Graphic Packaging International.

$F {{ '2017-06-29T15:32:47+0000' | timeago}} • Announcement

$F said Felicia Fields, Ford group VP for Human Resources since March 25, 2008, leads the global Human Resources for $F. She reports to Jim Hackett, Ford president and CEO. Fields previously was VP for Human Resources, an appointment she received on Jan. 1, 2005.

$F {{ '2017-06-28T12:52:39+0000' | timeago}} • Announcement

$F has issued safety recall for about 400,000 Ford Transit vans and buses, for replacing the driveshaft flexible coupling.  They include 2015-17 Ford Transit vehicles built from Jan. 17, 2014, to June 15, 2017. The company also issued safety compliance recall for 4 Ford Police Interceptor Utility vehicles in the US to repair seat attachment studs.

$F {{ '2017-06-20T13:27:20+0000' | timeago}} • Announcement

$F said the manufacturing plan allows the company to further grow its leadership as an exporter and deliver world-class Focus to North American customers. $F is saving $1Bil in investment costs versus its original Focus production plan, improving the financial health of its Focus business and further improving manufacturing scale in China.

$F {{ '2017-06-20T13:26:30+0000' | timeago}} • Announcement

$F said the $900MM investment secures 1,000 jobs for hourly workers at the Louisville plant. This is in addition to the $1.3Bil investment and 2,000 jobs created at that plant in late 2015 to build the all-new Ford Super Duty. Kentucky Truck employs nearly 7,600 full-time hourly workers.

$F {{ '2017-06-20T13:25:42+0000' | timeago}} • Announcement

$F said it is investing $900MM in Kentucky Truck Plant for plant upgrades to build the all-new Ford Expedition and Lincoln Navigator, which begin arriving in dealerships this fall. Both full-size SUVs will be exported to more than 55 markets globally, including Navigator to China.

$NAV {{ '2017-06-07T12:57:03+0000' | timeago}} • Infographic

$NAV Navistar International Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$NAV {{ '2017-06-07T11:53:11+0000' | timeago}} • Announcement

$NAV's Truck segment net sales declined 6% to $1.4Bil in 2Q17. Parts segment net sales were $610MM, down 6%. Global Operations segment net sales fell 9% to $70MM, while Financial Services segment slid 3% to $56MM.

$NAV {{ '2017-06-07T11:40:02+0000' | timeago}} • Announcement

$NAV still sees FY17 retail deliveries of Class 6-8 trucks and buses in the United States and Canada to be in the range of 305,000 units to 335,000 units. Full-year revenues are expected to be similar to 2016. Fiscal year end manufacturing cash is expected to be about $1Bil.

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