Goldman Sachs Lists Its Self-Driving Car Stock Picks
Are Green Vehicles Going Over with US Buyers?
In this series, we’ll look at August sales for hybrids, plug-in hybrids, and battery electric vehicles in the United States, and why battery electric vehicles are gaining strength.
Tesla Motors Rose Due to Increased Orders for the Model 3 Sedan
Tesla Motors (TSLA) has a market cap of $31.5 billion. It rose by 4.0% and closed at $246.99 per share on April 4, 2016.
What’s Driving Honda Higher on Wall Street in 1Q17?
Currently, Honda is trading at $30.79 and is hovering right above an important support level of $30.70.
Why No Analyst Thinks You Should ‘Sell’ Honda Stock This Xmas
According to the analysts’ consensus data, ~43% of the analysts covering Honda (HMC) recommend a “buy” as of December 12, while 57% recommend a “hold.”
Honda’s Strong US Truck Sales Keep the Optimism Alive in February
In 2016, America Honda Motor sold about 1.6 million units in the US market, a YoY increase of 3.2%.
Capital Spending May Help Japan’s Economy to Grow at 1.7% in 2016
After sliding for two consecutive quarters, Japan’s economy has advanced 0.3% in 3Q15. This comes as a relief to the ailing Japanese economy.
Can Tesla Keep Shining in 2Q17?
In 1Q17, Tesla (TSLA) stock delivered an impressive return of ~30%. After struggling for the previous six quarters, it appears to have stepped into glory.
Analyst Estimate: Ferrari’s Global Revenues to Grow Steadily
For 2016 and 2017, analysts estimate Ferrari’s global revenues to grow at rates of 3.6% and 3.1%, respectively. These estimates can serve as a proxy.
How Is Ford Stock Performing ahead of 3Q17 Earnings?
Ford Motor Company (F) is set to release its 3Q17 earnings report on October 26. Ford is the second-largest US auto company by vehicle sales volume after General Motors (GM).
Overview: Shinzo Abe’s Abenomics
Abenomics is an effort to pull the world’s third biggest economy, Japan, out of two decades of stagnation by expanding the money supply, freeing up regulations, and encouraging the yen to fall.
How General Motors Is Playing the Luxury Car Market
GM hopes to capture a 10% share of the luxury car space. Currently, the company holds a 3.4% share in the global luxury market.
Honda’s US Truck Sales Were Weaker in April 2017
April was the first month in 2017 that Honda reported lower US truck sales on a YoY basis. Weaker truck sales could hurt its second quarter profitability.
Honda Rounded Out the List of Top 5 Auto Stocks in 2017
Honda Motor Company traded on a positive note in 2017 and managed to make our list of the top five gainers in the auto industry for the year.
Honda’s Car Sales Continue to Rise in October 2017
Honda’s US sales in October In October 2017, the American division of Honda Motor (HMC) reported a YoY (year-over-year) rise of about 0.9% in its US sales. The company sold 127,353 units in the United States last month, compared with 126,161 units in October 2016. October 2017 marked the second consecutive month in which American Honda reported a YoY rise […]
Honda’s US Sales Rose for the 6th Consecutive Year in 2017
In December 2017, the American division of Honda Motor Company (HMC) reported a YoY (year-over-year) decrease of about 7.0% in its US market sales.
Why Did Honda Motor Launch NSX in Japan?
Honda Motor (HMC) has a market cap of $54.2 billion. It rose by 0.07% to close at $30.62 per share on August 25, 2016.
Japan Outperforms While Manufacturing Growth Is Muted
The flash reading for the Japan Manufacturing PMI deteriorated slightly in June. The index came in at 49.9 for June against May’s 50.9.
How Are Analysts Rating Toyota in January 2018?
According to data collected by Thomson Reuters, about 38% of 24 analysts covering Toyota recommended a “buy.”
Abe’s ‘Third Arrow’ to Benefit Investors in Japanese Equity
Quantitative easing measures in Japan are making Japanese equity attractive. Abe’s third arrow of Abenomics should boost corporate profitability and, consequently, Japanese equity.
4Q17 Oil Price Recovery Could Hurt US Truck Demand
As of December 11, WTI crude oil futures were trading at 57.99 per barrel. Oil prices have witnessed a sharp recovery of ~12.2% in 4Q17.
Why Is Fiscal 2017 So Critical for Tesla?
Last year, Tesla unveiled its ambitious mass-market all-electric vehicle (or EV) Model 3.
Tesla’s Deliveries Underwhelm, but TSLA Gets a ‘Buy’ Nod
Tesla reported its Q3 deliveries of 97,000—a record. Tesla’s deliveries fell short of expectations of 98,000, leading its stock to slide 5% after hours.
Analysts’ Recommendations on HOG before Its 4Q17 Results
According to data compiled by Reuters, 68% of analysts covering Harley-Davidson stock gave it “hold” recommendations.
Ford versus Trump: What Options Does the Company Have?
If Trump maintains his tough stance, things could get worse for Ford. Any move by Trump to penalize Ford could hurt the company’s small car business.
Automobile Companies to Benefit from Lower Commodity Prices
The recent correction in commodity prices, especially steel, will benefit automobile companies. Raw material costs make up more than 45% of a vehicle’s production costs.
How Ferrari’s Formula 1 Racing Team Became So Critical to Its Image
Ferrari spends extravagantly on Formula 1 events, as its Formula 1 racing team has been critical to the brand’s image.
Japan Outperforms Markets So Far this Year
So far, Abe’s policy has worked well for Japan. Japanese stocks are up by almost 70%— local currency—since late 2012, which coincides with the election of reformist Prime Minister Shinzo Abe.
Why Was Honda’s US Sales Growth Better than Its Peers’?
Honda Motor Company (HMC) is the second-largest Japanese automaker after Toyota Motor (TM). North America is the largest single market for Honda.
Tesla’s Consumer Reports’ Reliability: Upside Ahead?
Yesterday, Consumer Reports’ survey put Tesla Model S and Model 3 back on the recommended list based on their improved reliability.
September Began on a Mixed Note for Harley-Davidson Stock
Harley-Davidson stock Last week, Harley-Davidson stock (HOG) traded on a mixed note, ending the week at $47.38 without any notable change. The company’s stock has fallen ~12.3% quarter-to-date 18.8% year-to-date. Let’s explore what could be affecting Harley-Davidson stock lately. Is Harley’s dismal 2017 guidance driving pessimism? In 2Q17, Harley’s adjusted EPS (earnings per share) were […]
Why hedge funds show interest in Japanese ETFs
DXJ tracks the performance of the WisdomTree Japan Hedged Equity Index. The Index and the fund are designed to provide exposure to equity securities in Japan.
Dalio: Japan Is Undergoing an ‘Ugly Deflationary Deleveraging’
“Deleveraging” refers to reducing the debt level. With Japan’s debt burden, deleveraging the economy’s balance sheet seems more than imperative.
Citron’s Andrew Left Booked Profit in NIO: Should You?
NIO (NIO) has been rising for the last five sessions in a row.
Did Citron Research’s Predictions for NIO Come True?
Previously in this series, we looked at China’s declining overall vehicle sales for the last eight months.
Reading the Analysts’ Yuletide Ratings for Toyota This Year
According to the data collected by Thomson Reuters, ~38% of the 24 analysts covering Toyota recommend a “buy” for the stock, while 50% recommend a “hold.”
These Factors Hurt Honda’s US Sales in January 2018
In January 2018, Honda Motor Company’s (HMC) American division reported a YoY (year-over-year) fall of ~1.7% in its US market sales volumes.
The Key Reasons for Harley-Davidson Stock’s Dismal Performance
Harley-Davidson stock Last week, Harley-Davidson stock (HOG) traded on a subdued note, ending the week with a ~0.7% loss at $47.37. The company’s stock has fallen ~12.3% quarter-to-date and 18.8% year-to-date. Let’s take a look at what could be affecting HOG stock. Dismal 2017 outlook In 2Q17, Harley’s adjusted EPS (earnings per share) stood at $1.48, about […]
Where Does General Motors Stand in the Electric Vehicle Segment?
Electric vehicle segment Today, auto industry dynamics are changing at a very fast pace. To stay ahead of the competition, automakers (XLY) need to innovate and implement faster than their competitors. Companies such as Tesla (TSLA) and Nissan have already demonstrated the potential of the electric vehicle (or EV) segment. In this article, we’ll talk […]
Could Harley-Davidson Stock Remain Weak in 4Q17?
In October 2017, Harley-Davidson (HOG) stock turned negative again and lost about 1.8% after gaining 2.6% in September.
NIO Stock Rose 21.4% in February
So far, 2019 is proving to be great for NIO (NIO) investors. The stock ended in the positive territory for the second consecutive month in February.
Must-know: Top auto industry ETFs for investors
The First Trust NASDAQ Global Auto ETF (CARZ) is the most traded auto-focused ETF. The three-year return for the ETF is 48.32%. YTD, CARZ provided a return of 2.23%.
Are Solid Truck Sales Helping Honda’s US Business Grow?
In January 2017, American Honda Co. reported a year-over-year increase of 5.9% to 106,380 vehicle units from 100,497 units sold in January 2016.
GM, Honda Announce Partnership to Develop 'Range of Cars' in North America
Why GM’s Profit Margins Led Its Peers in 2017
However, GM’s adjusted EBIT margin narrowed to 7.5% in 3Q17 from 9.4% in 3Q16.
What Are Analysts Estimating for Honda’s 1Q18 Earnings?
Analysts estimate that Honda will post adjusted EPS (earnings per share) of 92.5 Japanese yen, or $0.83, in fiscal 1Q18.
Will HOG Zoom Past Analysts’ Earnings Estimates for 2Q16?
In 1Q16, HOG’s adjusted earnings per share (or EPS) stood at $1.36, reflecting a rise of 7% compared to its EPS of $1.27 in 1Q15.
Could China’s New Green Rules Impact NIO and Tesla?
NIO and Tesla stocks have been on a fire this year amid the optimism about electric vehicles. Nikola stock has also rallied amid the frenzy.
Musk Sets Battery versus Hydrogen Debate in Motion
Tesla CEO Elon Musk tweeted about hydrogen-powered cars and the environment. He’s not a fan. How do hydrogen cars stack up against EVs like Tesla?
Why the decrease in consumer spending impacted Japan’s 2Q GDP
In Japan, consumer spending accounts for over 60% of the gross domestic product (or GDP). GDP plunged by 5% from the previous quarter in 2014. This was the first decline in the last seven quarters.
Must-know: Other factors that impacted Japan’s 2Q GDP growth
Real wages fell by 3.2% year-over-year (or YoY) in the second quarter—the steepest drop in 18 quarters. Although the labor market has improved with the ratio of job offers to job seekers hitting a 22-year high of 1.10 in June, businesses are trying to fill their manpower needs by hiring irregular workers
Must-know: Is Abenomics a success or failure so far?
The fiscal stimulus and monetary easing measures lifted the rate of inflation towards the government’s target of 2%. However, they have done nothing to boost the economy overall. Exports aren’t expanding as fast as anticipated in view of the falling value of the yen. Wage increases aren’t keeping pace with inflation.
Auto Tariffs: Did Trump Make a Deadline Blunder?
Last week, the deadline for President Trump’s auto tariffs on European and Japanese cars arrived without a decision. What does this mean for the industry?
What makes the auto industry highly concentrated?
The automobile industry is one of the most highly concentrated industries in the world. The market continues to be dominated by a few major companies.
Ford, Daimler, and BMW employ high financial leverage
Ford (F) uses a high amount of financial leverage. Its debt-to-capital ratio is 81.1%. This is significantly above the industry average of 53.1%.
Intense competition leads to low profit margins for automakers
The auto industry has lower margins primarily because of intense competition. It makes it difficult for companies to pass on increases in raw material prices to the customer.
Trump versus California: GM, TM, FCAU to Pay the Price
Last week, the fight between President Donald Trump and California over emission norms took a turn when the state laid out a new policy.
Auto Tariffs: Will a Delay by Trump Revive the Industry?
In May, President Trump announced auto tariffs on EU- and Japan-made vehicles. The tariffs were scheduled to come into effect today.
Ford and GM Split Over Siding with Trump
Automakers have effectively split in their support of a particular set of emission regulations, pitting large automakers Ford and GM against one another.
A must-know investor’s guide to Honda Motor Company
In this series, first, we’ll look at Honda’s strategy. Then, we’ll dig into the company’s revenue and earnings to see how Honda compares to other industry players.
Ford’s Q3 US Sales Drop 4.9% YoY, Stock in the Red
Ford’s Q3 2019 US sales came in at 580,251 units for a 4.9% YoY decline. Wall Street analysts expected a 6.1% decline in Ford’s Q3 sales figures.
Hyundai-Aptiv Collab Heats Up Self-Driving Market
The competition in the self-driving technology market just heated up again. Hyundai Motor Company (HMC) has formed a joint venture with Aptiv.
Tesla Effect? Honda to Go All Electric in Europe
In Europe, Honda Motors plans to stop selling diesel cars by 2021, and only sell electric and hybrid cars by 2025. Tesla also sells its cars in Europe.
The 5 Best Stocks to Invest in for Self-Driving Cars
Self-driving cars are inevitable, and billions of dollars are going into this technology. We take a look at five of the best stocks in the industry right now.
Trump Meets with General Motors CEO Mary Barra
President Donald Trump met GM CEO Mary Barra on Thursday. According to media reports, Barra characterized the meeting as “productive and valuable.”
Ford Earns Trump’s Ire by Siding with California
Last month, four automakers, including Ford, made a voluntary deal with California to make cars cleaner and more fuel efficient. Trump isn’t happy with the deal.
Ford Stock Fell 5.2% Last Week amid Recession Fears
Ford stock fell 5.2% last week. The fall extended the stock’s decline to 13.3% since its second-quarter results on July 24.
Bumpy Road: Ford Stock Fell ~9% in May
In May, Ford Motor Company (F) had its worst monthly performance in 2019. Ford stock fell 8.9% compared to 6.6% losses in the S&P 500 Index.
Tesla Tanks 14%—and Not Just Because of Its Q2 Miss
On the morning of July 25, Tesla opened with nearly a 14% loss. The company reported a much bigger earnings loss than expected in the second quarter.
Ford and Tesla Stocks Bleed after Q2 Earnings
On July 24, the stocks of both Ford Motor Company (F) and Tesla (TSL) bled after the companies reported their second-quarter earnings.
Tesla’s Q2 Earnings: Top Two Drivers to Watch For
Tesla’s Q2 earnings are slated for today at 3:30 PM Pacific time (6:30 PM ET). The company’s record deliveries have helped the stock (TSLA) surge.
Tesla Stock Jumps After Elon Musk Slams the Auto Industry
On Wednesday, Tesla (TSLA) stock surged nearly 2% after CEO Elon Musk slammed the auto industry in an interview.
How Has Harley-Davidson Stock Fared since Trump’s Tweet?
In the week that ended on September 7, Harley-Davidson (HOG) stock jumped 4.1% despite broader market weakness.
Elon Musk Tries to Motivate Tesla Employees Keeping Their Jobs
This morning, CEO Elon Musk, in a post on Tesla’s official blog, announced that Tesla is laying off 7% of its full-time employees.
Tesla Cuts Car Prices: Why Bears’ Arguments Don’t Make Sense
On Tuesday, Tesla (TSLA) cut the prices of its vehicles to standardize its global car line-up, according to Reuters.
Tesla’s Leaked Email Is a Nightmare for Bears and Other Automakers
Tesla (TSLA) seems to be preparing to take the electric car race to the next level.
Most Asia-Pacific Indexes Gain as Markets Wait for Powell
Hong Kong’s Hang Seng Index recovered today after five straight losses.
Asia-Pacific Update: Most Indexes Fall—with a Few Exceptions
Australia’s S&P ASX 200 was the best-performing index in the Asia-Pacific region on July 3. The index gained 0.59% on the day to end near its 12-year high at 6,685.5.
China’s Trade Data and Mexico Deal Lift Global Markets
On June 10, China’s National Bureau of Statistics published trade data for May. The trade data surprised analysts and the markets.
Is Tesla Really Doing More Harm than Good to the Environment?
On April 1, the US Environmental Protection Agency imposed a $31,000 penalty on Tesla (TSLA) for federal hazardous waste violations.
Tesla to Pay a $31,000 Penalty for Hazardous Waste Violations
American electric carmaker Tesla was founded in 2003 with a mission “to accelerate the world’s transition to sustainable energy.”
Over 70% of Analysts Have Recommended ‘Buys’ on Toyota in March
According to the latest data by Thomson Reuters, ~71% of the 21 analysts covering Toyota Motor (TM) have given it “buy” recommendations.
What Analysts Are Saying about Auto Stocks in March
According to the data compiled by MarkLines Data Center, February 2019 US auto sales (IYK) stood at 1.30 million vehicle units.
How General Motors Stock Has Fared in Q1 2019 So Far
After trading on a positive note in 2016 and 2017, General Motors (GM) stock ended 2018 on a negative note with a loss of 18.4%.
Are Analysts Turning Negative on NIO Stock after Q4 Results?
According to the latest consensus data compiled by Thomson Reuters, out of the ten analysts surveyed, 40% of analysts covering NIO (NIO) gave its stock a “buy” recommendation.
China’s NIO to Report Its Q4 Earnings after the Market Closes
NIO (NIO) is scheduled to release its fourth-quarter earnings report after the US market closes on March 5.
The Top Five Investors in NIO, the ‘Tesla of China’
According to Reuters, Baillie Gifford was the largest investor in NIO as of December 31.
NIO’s Chinese Sales Fell ~46% in January
NIO sold 1,803 car units in January 2019. The figure reflected an ~84.1% fall from the company’s car deliveries of 11,348 units in December.
Key Support and Resistance Levels in NIO ahead of Its Q4 Results
A couple of days after NIO stock started trading on the NYSE, it posted an all-time high of $13.80.
General Motors Stock Rises on Q4 2018 Earnings Beat
On February 6, General Motors (GM) reported its fourth-quarter earnings before the market opened.
Ford Fell More than 2% before Its Q4 Earnings Release Today
America’s second-largest automaker, Ford (F), is set to release its fourth quarter of 2018 earnings after the market closes today.
Ford Beats Analysts’ Revenue Estimates But Misses on EPS in Q4
On Wednesday, after the market closed, the second-largest US automaker, Ford Motor Company (F), released its fourth-quarter and full-year 2018 earnings results.
RBC Analyst: Tesla Is Valued on ‘Overly Lofty Expectations’
Over the last few sessions, Tesla (TSLA) stock has been heading downward. At 9:37 AM Eastern Time, TSLA had fallen 3.9% today.
3 Things Elon Musk Said Today That You Might Have Missed
Early this morning, before the market opened, Musk revealed that TSLA is reducing its full-time workforce by 7%.
Here’s What Elon Musk Said to Fired Tesla Employees
January 18 is turning out to be a terrible day for Tesla (TSLA) investors.
Why Tesla Stock Fell More than 8% on January 18
At 6:46 AM EST on January 18, Tesla (TSLA) shares fell 8.4% in the pre-market session from the previous day’s closing.
Are China’s Auto Sales Suggesting a Dark Future?
China’s vehicle sales were ~2.55 million vehicle units in November—a sharp 13.9% decline compared to the sales in November 2017.
What Factors Boosted Toyota’s Fiscal 2018 Revenue?
In 2017, Toyota Motor (TM) was the third-largest automaker by volume in the world after Renault-Nissan Alliance and Volkswagen (VLKAY).
Most Analysts Recommend a ‘Hold’ on Harley-Davidson in March 2018
Harley-Davidson (HOG) maintained the highest US market share in the heavyweight motorcycle sector. Its stock underperformed other auto stocks in 2017 and lost ~12.8%.
How Have Auto Stocks Fared in March 2018 So Far?
In February 2018, US light vehicle sales dropped ~2.4% year-over-year after rising ~1.0% year-over-year in January.