Toyota Motor Corp
Goldman Sachs Lists Its Self-Driving Car Stock Picks
Why Ford’s Lincoln Sales Fell 6% in China in October
In the previous part of this series, we looked at the second-largest US automaker, Ford’s (F), sales in China in October. The company’s weakening Chinese sales are likely to continue.
Why Did Ford’s Recent Earnings Reflect Weakness?
In 2015, Ford Motor Company’s (F) adjusted earnings stood at $1.84 per after with a rise of $1.53 per share in 2014.
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.
Fiat Chrysler’s US Jeep Sales Jumped 45% in March 2018
In March 2018, Fiat Chrysler Automobiles (FCAU) sold 2,576 car units of its luxury brand, Alfa Romeo, in the US market.
Why Most Analysts Are Suggesting a Hold on Ford’s Stock in April
According to the latest data compiled by Reuters, 33% of analysts covering Ford Motor Company (F) have given the stock “buy” recommendations, while 58% have recommended a “hold.”
Ford’s December Sales Tanked 8.8%: Is a US Slowdown Coming?
Today, America’s second-largest automaker, Ford Motor Company (F), released its US sales figures for December 2018.
Can GM’s Stock Sustain Its Year-to-Date Rise in December?
General Motors has delivered a return of 6.9% year-to-date as of December 16, 2016. This return was much lower than the 10.5% return of the S&P 500 Index.
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.”
Ford F-Series Truck Sales Grew 9% Year-over-Year in February 2017
In February 2017, Ford’s F-Series truck US sales stood at 65,956 units with a YoY increase of ~9%.
Fiat Chrysler’s European Sales Fell in November 2017
In November 2017, Fiat Chrysler Automobiles’ (FCAU) total Italy sales were at ~74,600 vehicles units, which reflected a minor decline of 0.9% from the company’s European market sales of ~75,300 units in the same month of 2016.
Will Fiat Chrysler’s Stock Continue to Rally after a Flat 2016?
In 2016, Fiat Chrysler Automobiles (FCAU) sold about 2.24 million vehicle units in the US market, compared to 2.25 million units in 2015
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%.
Japan’s trade deficit with China: Worse for GM than the recall
This article considers the impact of Japan’s trade dynamics on Japanese automakers like Toyota (TM) versus General Motors (GM) from a macroeconomic perspective.
What Could Drive Tesla’s Valuation Multiples in 4Q16?
As of October 26, 2016, Tesla’s forward EV-to-EBITDA multiple was 26.4x.
Why Fiat Chrysler Stock Is Trading in a Narrow Range
Last week, which ended October 13, 2017, Fiat Chrysler (FCAU) stock remained mixed and witnessed a minor rise of 0.90%.
What Do US Luxury Vehicle Sales in July Tell Us?
In July 2016, the sales volume of luxury cars in the US dropped by 7.7% YoY, but the sales of entry-level luxury SUVs increased by 9.9% YoY.
Tesla’s 2016 and Beyond: Analysts Have Mixed Opinions
39.1% of analysts covering Tesla Motors (TSLA) have given “buy” recommendations, while 34.8% of analysts have given it “hold” recommendations.
Did Lower China Shipments Hurt Ferrari’s Revenues?
For 4Q16, Ferrari (RACE) reported net revenues of 836 million euros or $901 million. Revenues rose ~12% from about 744 million euros in 4Q15.
Inside Ford’s Segmental US Sales in March 2017
In March 2017, Ford’s (F) total US fleet sales were 78,510 vehicle units. That’s a 17.0% YoY (year-over-year) fall in fleet sales for the home market.
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.
What Could Affect Tesla’s Valuation Multiples in Q3 2018?
Despite their recent falls, Tesla’s valuation multiples are still much higher than those of other legacy auto giants.
Analysts’ Expect Ford to Post Lower Revenues in 4Q16
Analysts estimate that Ford’s 4Q16 revenues will be at $35.1 billion—about 7.2% lower than the same quarter last year.
What Analysts Recommend for Toyota in March 2018
According to the latest data by Thomson Reuters, about 46.0% of 22 analysts covering Toyota recommended a “buy.”
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).
Ford’s China Sales Continued to Disappoint in November 2017
Ford Motor Company (F) sold about 117,593 vehicle units in China in November 2017, a ~8% decrease from its China (IYK) sales in the same month of 2016.
Factors That Could Drive Tesla’s Valuation Multiples in 3Q17
On August 3, Tesla’s forward EV-to-EBITDA multiple was 38.9x.
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.
GM’s long-term competitive threat: Japan’s investment recovery
Japan is showing signs of investment recovery with its new economic policies coming into play.
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.
What’s Next for General Motors’ Valuation Multiples?
In this part of the series, we’ll find out how General Motors’ (GM) valuation multiples are currently trading against its peers.
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.
Why Falling Crude Oil Is Good for Automakers
As of June 14, WTI (West Texas Intermediate) crude oil futures are trading at $44.73 per barrel.
Why Fiat Chrysler’s Profit Margins Could Expand in 2Q17
According to Wall Street analysts’ estimates, FCAU is likely to report an EBITDA margin of ~11.6% in 2Q17. This shows a handsome expansion over its 2Q16 EBITDA margin of 9.3%.
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 Another F-Series Sales Drop Could Make Ford Stock Nosedive
In November 2018, Ford F-Series truck US sales were at 72,102 units, a 0.9% YoY decrease.
Who Cares if It’s a Tent? Just Build Teslas Faster!
On June 16, Musk shared an image of the new Model 3 production line on Twitter, saying “Amazing work by Tesla team. Built entire new general assembly line in 3 weeks w minimal resources.”
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.
Climate Change Risks: Look Beyond the Obvious
When it comes to climate change risks, investors should look beyond the obvious sectors like fossil fuel and utilities. The VW (VLKAY) scandal has only reaffirmed this.
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.”
How the Hennessy Japan Fund Investor Class Fared in September 2015
The Hennessy Japan Fund (HJPNX) dived by 8.2% in September from the previous month—the worst performer in September among the nine funds we’re reviewing.
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 Did Norfolk Southern’s Intermodal Volumes Rise?
Norfolk Southern’s intermodal volumes Norfolk Southern’s (NSC) total intermodal traffic rose 6.9% in the week ended January 28, 2017. Volumes in the reported week reached above 76,000 containers and trailers, compared with nearly 72,000 in the week ended January 30, 2016. NSC’s container traffic rose 6%, from ~65,000 units in the week ended January 30, […]
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.
Did GM Maintain the Right Balance between Retail and Fleet Sales in August?
In August 2016, General Motors sold more than 256,000 total vehicles in the United States, which was about 5% lower than its sales in August 2015.
How the Fed’s Rate Hike Could Affect Ford’s Business
Apart from one-time costs related to vehicle recalls, sinking profitability in Ford’s truck segment could be the key factor driving Ford’s margins down.
Are You Thinking about Diversifying Your Portfolio?
Geographical diversification allows your portfolio to keep earning returns in case your primary geography has not been doing well.
How Stronger F-Series Sales Are Helping Ford in Bad Times
In July 2018, Ford Motor Company’s (F) F-Series truck US sales were at 70,949 units.
What Are Ferrari’s Key Geographical Markets?
Stable demand and strong brand image have kept Ferrari (RACE) moving forward, regardless of adverse global economic conditions.
What Drove General Motors’ US Sales Down in July 2017?
In July 2017, GM’s total US vehicle sales stood at 226,107 vehicle units, about 15.4% lower than its July 2016 sales.
General Motors’ Stock Chart Is No Better than Ford’s
Last week, General Motors (GM) stock largely remained unchanged, and it ended the week with a minor 0.1% rise.
Reviewing Ford’s Financial Metrics at the End of 1H17
Ford Motor Company’s F-Series trucks have been the key strength of its US product portfolio for more than the last three decades.
How Analysts Rate Tesla Stock after Its 4Q17 Deliveries Data
According to the data compiled by Reuters on January 8, 2018, about 32.0% of the analysts covering Tesla (TSLA) gave its stock “buy” ratings.
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.
What Does Ford Credit’s Improving Performance Mean for Investors?
Ford Credit is the financial services arm of Ford Motor Company (F). It offers a range of automotive financing products to its customers and dealers.
What Can We Expect from US Auto Sales in November?
According to Autodata, October 2017 US auto sales fell 1.3% YoY (year-over-year), after rising ~6.1% YoY in September.
Why Ferrari Spends So Extravagantly on Research and Development
Ferrari spends extravagantly on research and development to stay ahead of its peers and to keep its products unique.
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.
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.
Inside Fiat Chrysler’s Valuation—Ahead of 1Q16 Results
Fiat Chrysler’s forward EV-to-EBITDA multiple is 1.3x, which is much lower than GM’s and Ford’s multiples, which are 2.2x and 3.0x, respectively.
Why Tesla Might Eventually Need to Cut Prices in China
Today, Bloomberg reported that Tesla (TSLA) might reduce Model 3 prices in China by at least 20% next year. However, Teslarati has countered the claim
What AutoZone’s Fiscal 3Q17 Results Mean for Investors
During AutoZone’s fiscal 3Q17 earnings call, Bill Rhodes, AZO’s chief executive, expressed concerns about slowing growth rates.
Tesla Down 5.4% Today: What’s Driving the Pessimism?
Today, at 12:30 PM ET, Tesla (TSLA) stock was down 5.4% from the previous session’s closing price. Let’s take a look.
Will Trade Deal with Mercosur Bloc Boost Colombia’s Auto Sector?
Colombia (GXG) signed a deal with the Mercosur trade bloc on July 21, 2017, to allow the import of limited quantities of certain products without a tariff in the Colombian market.
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.
Canadian National Railway: What Led Volume Growth in Week 35
Since the beginning of 2017, Canadian National Railway (CNI) has continually kept its positive momentum. In the week ended September 2, 2017, CNI’s carloads rose 4.2%.
How Canadian Pacific Railway’s Volumes Compared to Peers
Canadian Pacific Railway (CP) is Canada’s second-largest freight rail.
August 2017 NFP Data Could Be Positive for the Auto Industry
In July, the US job market showed improvements. Overall, a continued uptrend in NFP data could be positive for US auto demand.
Canadian Pacific Railway: Rise in Railcars Cover Intermodal Fall in Week 33
Canadian Pacific Railway witnessed a volume loss in the intermodal space in week 33 of 2017.
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.
F-Series Sales Fell Again: Requires Ford’s Immediate Attention
On December 3, Ford released its November US sales data. The company sold ~196,303 vehicle units in November in its home market.
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.
Tesla Model Y: Could It Be the Real ICE-Killer?
Tesla achieved a surprise profit in Q3. During its Q3 earnings call, CEO Elon Musk noted that its Model Y could outsell its Models S, X, and 3 combined.
US Truck Sales Jumped 12% in September 2017
September 2017 US auto sales (XLY) stood at 1.52 million vehicle units, about 6.1% higher than the 1.43 million vehicle units in September 2016.
Ford’s December Sales: F-Series Trucks Continued to Shine
Previously, we looked at how Ford Motor Company’s (F) December 2016 sales data reflected optimism, as its retail sales rose 5% YoY (year-over-year).
What Do August Auto Lease Penetration Data Suggest?
According to data compiled by Edmunds.com, the lease penetration rate in the US auto market in August 2016 was 29.7% compared to 28.2% in August 2015.
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.
Ford’s European Sales Showcased Strength in February 2018
Ford Motor Company (F) sold ~97,000 vehicle units in Europe in February 2018.
Why Ford’s Stock Turned Positive Last Week
Ford sold ~204,000 vehicle units in the US in September, which represents a YoY fall of about 8%.
Hang Seng and Japanese Indexes Rose despite Faltering Trade
Hong Kong’s Hang Seng Index, which has been under severe pressure this quarter, was the best performing Asian index on June 19 with 2.56% gains. The index recorded its third consecutive gain.
Why GM Stock Posted Its Deepest Weekly Loss in a Year
During the week ended November 3, General Motors (GM) stock settled at $42.34 with ~5.2% value erosion from the previous week’s closing price.
Why Did Toyota Motor Open a Parts Distribution Center?
Toyota fell by 1.4% to close at $118.62 per share on August 26, 2016. The stock’s weekly, monthly, and YTD price movements were -0.84%, 7.1%, and -3.6%.
Auto Industry: Industrial Production in October
According to the Fed’s latest release on November 16, 2017, the seasonally adjusted US Industrial Production Index stood at 106.14 in October 2017.
How Harley-Davidson’s Financial Services Complement Its Core Business
Under its retail financial services, Harley-Davidson Financial Services primarily provides installment lending for the purchase of new and used Harley-Davidson motorcycles.
Why geography matters so much in the automotive industry
The U.S. market is dominated by truck sales, with trucks outselling cars at 51% of market share versus cars accounting for 49% of the market.
Should You Worry about Ferrari’s Flat Revenue in the Americas?
While Greater China accounted for just 9% of the company’s total shipments, it’s still strategically important for Ferrari due to China’s future growth potential.
Why Ford Stock Is Falling despite Strong May Sales
In the week ended June 23, 2017, Ford Motor Company (F) stock settled at $11.04 with a weekly fall of ~1.6%.
What Analysts Recommend for GM Stock after 3Q17 Results
According to the latest data compiled by Reuters, 46% of analysts covering General Motors have given “buy” recommendations on the stock, while 50% of analysts have given it “hold” recommendations.
Hang Seng Ends Flat after Protests and Nikkei 225 Slides Again
Hong Kong’s Hang Seng Index opened lower today and fell sharply in early trade in response to the political situation in the city. As life started getting back to normal in Hong Kong, the bulls returned and the index maintained upward momentum. The Hang Seng closed almost flat at the end of the session.
What Drove GM’s Lower US Sales in January?
In January 2017, General Motors’s retail vehicle sales stood at 155,010, down 4.9% compared to its retail sales in January 2016.
Ford Motor’s New Discussions and Appointments
Ford (F) is in discussions with Changan Automobile Group to produce the Lincoln luxury line in Chongqing, making China the top market for this line.
What Boosted Canadian Pacific’s Railcar Traffic in Week 2
Canadian Pacific’s railcar traffic Calgary-based Canadian Pacific Railway (CP) posted a marginal gain of 0.6% in its carload traffic in the week ended January 13, 2018, from 29,000 carloads in the week ended January 14, 2017, to 29,300 units. The company’s volume growth was in tune with that of US railroads but contrasted with the decline […]
Must-know opportunities and risks for the automobile industry
Global automobile manufacturers each have their form of globalizing their manufacturing, prompted by changes in the market. For GM and TM, the benefits of these programs will be delayed.
Norfolk Southern’s Intermodal Volumes in Focus
Norfolk Southern’s (NSC) total intermodal traffic rose slightly by 2.9% in the week ended August 27, 2016.
Why Norfolk Southern’s Intermodal Volumes Slumped in the First Week of 2017
NSC’s total intermodal traffic fell 13.4% in the first week of 2017. Volumes reached ~60,000 containers and trailers, as compared to ~70,000 one year ago.