Stock Blog Hub » Auto Manufacturers – Major

(F) Ford Motor Misses Earnings – Revenues Up 6.5%

vitalstocks — Fri, 27 Jan 2012 21:48:50 +0000

Ford Motor Co. (F) posted a 34% fall in profit to $797 million or 20 cents per share (before special items) in the fourth quarter of 2011 from $1.20 billion or 30 cents per share (before special items) in the same quarter of 2010. With this, the automaker has missed the Zacks Consensus Estimate by [...]

(F) Ford Motor Misses Earnings – Revenues Up 6.5%

(F) Ford Motor Cuts Lincoln Dealerships

vitalstocks — Sun, 22 Jan 2012 17:54:34 +0000

Ford Motor Co. (F) announced that it has reduced dealerships of its Lincoln luxury lineup to 325 from about 500 in the top 130 markets, where demand for luxury products is very strong. With the reduction in dealer count, dealers will compete less with each other and more with the same of other luxury lineups [...]

(F) Ford Motor Cuts Lincoln Dealerships

(F) Ford Recalls Minivans and SUVs

vitalstocks — Sat, 14 Jan 2012 18:46:01 +0000

Ford Motor Co. (F) announced that it would recall 539,000 vehicles including Ford Escape SUVs, and Ford Freestar and Mercury Monterey minivans because of safety issues. Most of the recalled vehicles were sold in the U.S. The automaker would recall 286,000 units of Ford Escape SUVs from the 2001 and 2002 model years due to [...]

(F) Ford Recalls Minivans and SUVs

(F) U.S. Auto Industry Sees Best Year Since 2008

vitalstocks — Sat, 14 Jan 2012 18:30:06 +0000

Light vehicle sales in December 2011 rose 9% to seasonally adjusted annual rate (SAAR) of 13.6 million units, driven by low interest rates (below 3%), easier credit standards, decreasing unemployment rate and pent-up demand when the average age of cars on U.S. roads is almost 11 years and used cars are worth more at trade-in. [...]

(F) U.S. Auto Industry Sees Best Year Since 2008

(F) Auto Sales to Reach Three-Year High

vitalstocks — Tue, 03 Jan 2012 19:24:14 +0000

According to an industry research report by TrueCar.com, light vehicle sales in the U.S. (including cars, trucks and sports utility vehicles/SUVs) during 2011 is likely to reach its three-year high at nearly 12.8 million vehicles, compared with 13.2 million vehicles in 2008, driven by continued recovery in the automotive industry. The figure is also higher [...]

(F) Auto Sales to Reach Three-Year High

(TM) Toyota Motor Trims Earnings Outlook

vitalstocks — Wed, 14 Dec 2011 20:06:36 +0000

Toyota Motor Corp. (TM) has sharply cut its earnings outlook for the fiscal year ending March 31, 2012 due to a strong yen and severe flooding in Thailand that disrupted its parts supply chain. The automaker expects to record a profit of ¥180 billion ($2.3 billion) for the year, which is less than half compared [...]

(TM) Toyota Motor Trims Earnings Outlook

(F) U.S. Auto Industry – Pent-Up Demand or Recovery?

vitalstocks — Tue, 06 Dec 2011 17:02:18 +0000

Despite uncertainties in the market, consumers did not step back from the automobile showrooms in November as they felt the ardent need to change their old cars in the garage. Why wouldn’t they be, when the average age of vehicles on U.S. roads is almost 11 years and used cars are worth more at trade-in! [...]

(F) U.S. Auto Industry – Pent-Up Demand or Recovery?

(GM) Auto Industry Stock Outlook and Review – December 2011 – Industry Outlook

vitalstocks — Fri, 02 Dec 2011 16:20:07 +0000

The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 10 months of 2011, General Motors Company (GM) led with a 19.8% market share in the U.S., followed by [...]

(GM) Auto Industry Stock Outlook and Review – December 2011 – Industry Outlook

(TM) Toyota Motor Takes Orders for Prius Plug-In Hybrid Vehicle

vitalstocks — Thu, 01 Dec 2011 14:56:52 +0000

Toyota Motor Corp. (TM) has started taking orders for its much awaited plug-in version of Prius hybrid car that comes with an excellent mileage and affordable price. The automaker will start delivering the plug in hybrid vehicle (PHV) from January next year in Japan. A PHV shares the characteristics of both a conventional hybrid electric [...]

(TM) Toyota Motor Takes Orders for Prius Plug-In Hybrid Vehicle

(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook

vitalstocks — Tue, 29 Nov 2011 21:21:23 +0000

Overview The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets and cold-rolled strip and sheets. The long steel [...]

(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook

(F) Ford Motor Plans Layoffs in Europe

vitalstocks — Mon, 28 Nov 2011 16:13:25 +0000

Ford Motor Co. (F) plans to layoff 4,000 workers at its Valencia, Spain assembly plant for 39 days between January and October in 2012 in response to weakening demand for cars in Europe on the back of the ongoing Eurozone financial crisis. The plant employs a total of 6,200 workers. The automaker plans to stop [...]

(F) Ford Motor Plans Layoffs in Europe

(HMC) Honda Motor Company – Bear of the Day

vitalstocks — Fri, 18 Nov 2011 18:55:26 +0000

Honda Motor Company’s (HMC) financial results are severely affected by a stronger Yen and the catastrophic disaster in Japan in March. Furthermore, recent floods in Thailand also damaged the company’s operations. As a result, Honda could not provide guidance for the fiscal year ended March 31, 2012. And in the second quarter of fiscal 2012, [...]

(HMC) Honda Motor Company – Bear of the Day

(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook

vitalstocks — Fri, 11 Nov 2011 17:26:42 +0000

Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting for the lion’s share of the output. The largest segment of the global [...]

(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook

(TM) U.S. Sees Best October Auto Sales

vitalstocks — Mon, 07 Nov 2011 00:13:25 +0000

Light vehicle sales in the U.S. rose 7.5% to 1.02 million units during October, the best since October 2007, driven by strong sales of sports utility vehicles (SUVs) and trucks. At seasonally adjusted annualized rate, sales increased 8% to 13.3 million units from 12.3 million units in October 2010. Total car sales escalated 7.4% to [...]

(TM) U.S. Sees Best October Auto Sales

(F) Ford Motor May Reinstate Dividend

vitalstocks — Wed, 26 Oct 2011 13:58:32 +0000

Ford Motor Co. (F) is considering reinstating dividend payments for its shareholders as the company expects to benefit from labor efficiency improvements resulting from the newly ratified 4-year contract with United Auto Workers (UAW). The automaker revealed that the UAW contract would increase its labor costs less by than 1% annually, the smallest increase in four [...]

(F) Ford Motor May Reinstate Dividend

(F) Ford Motor Workers Ratify UAW Contract

vitalstocks — Thu, 20 Oct 2011 14:50:33 +0000

Workers at Ford Motor Co. (F) have ratified the proposed 4-year agreement with United Auto Workers (UAW). The deal covers 41,000 Ford workers in the U.S. Under the ratified deal, most of the Ford workers would not be entitled to annual pay raises. However, they will receive profit-sharing checks, inflation adjustment payments and other bonuses [...]

(F) Ford Motor Workers Ratify UAW Contract

(F) Ford Motor and General Motors See 5% Growth in China

vitalstocks — Fri, 07 Oct 2011 16:38:43 +0000

Both Ford Motor Co. (F) and General Motors Co. (GM) have predicted that automobile sales in China will grow about 5% in 2011. GM revealed that total vehicle sales would reach 19 million–19.2 million units for the full year. Automobile sales in China were adversely affected by the expiration of tax incentives for small cars [...]

(F) Ford Motor and General Motors See 5% Growth in China

(GM) Standard & Poor’s Lifts General Motors Ratings

vitalstocks — Thu, 06 Oct 2011 17:45:06 +0000

Ratings agency Standard & Poor’s (S&P) raised its corporate credit rating on General Motors Co. (GM) by two notches to BB+ from BB- as its workers recently ratified a 4-year contract with the United Auto Workers (UAW). The agency also lifted its rating outlook on the company to “Stable” from “Positive”. It believes the contract [...]

(GM) Standard & Poor’s Lifts General Motors Ratings

(GM) General Motors Strikes 4-Year Deal with UAW

vitalstocks — Tue, 20 Sep 2011 19:51:00 +0000

General Motors Co. (GM) reached a tentative four-year agreement with the United Auto Workers (UAW) that covers 48,500 workers of the automaker. The company reached the agreement after nearly seven weeks of bargaining with UAW. Under the new agreement, GM will hike the entry-level workers’ pay by $2 to $3 an hour. Starting pay will [...]

(GM) General Motors Strikes 4-Year Deal with UAW

(GM) Auto Industry Stock Outlook – August 2011 – Industry Outlook

vitalstocks — Fri, 26 Aug 2011 22:22:09 +0000

The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In the first 7 months of 2011, General Motors Company (GM) led with a 20% market share in the U.S., followed by [...]

(GM) Auto Industry Stock Outlook – August 2011 – Industry Outlook

(GM) U.S. Jobless Claims

vitalstocks — Thu, 04 Aug 2011 15:50:48 +0000

The economy remains in the spotlight as the news flow of the last few days has painted a less than flattering picture of the recovery. We now know that the manufacturing and service sectors lost ground as they entered the third quarter. We will have the full picture of the economy in July after Friday’s [...]

(GM) U.S. Jobless Claims

(F) U.S. Earnings Season and Debt Ceiling in Focus

vitalstocks — Tue, 26 Jul 2011 17:00:46 +0000

Stocks may find it hard to stay focused on the day’s earnings parade given the continued stalemate in Washington on the debt ceiling issue. We also have a couple of housing and consumer confidence reports coming out after the markets open. But had Washington not been as distracting as it has been lately, corporate earnings [...]

(F) U.S. Earnings Season and Debt Ceiling in Focus

(TM) Toyota Motor to Upgrade Canada Plants

vitalstocks — Fri, 08 Jul 2011 21:00:13 +0000

Toyota Motor Corp. (TM), along with the government of Canada, plans to invest C$545 million ($567.7 million) to upgrade its two assembly plants in Ontario. The Canadian federal government and the Ontario government will each invest C$70.8 million ($73.7 million) in the plants while the rest of the amount will be invested by Toyota. The [...]

(TM) Toyota Motor to Upgrade Canada Plants

(F) How to Better Read Earnings Reports

vitalstocks — Thu, 07 Jul 2011 17:12:45 +0000

Earnings season will soon be upon us again. What the market will be looking for are those companies that come in with higher-than-expected earnings to reward, and for those firms that disappoint to punish. However, there will be cases where one company beats by a small amount, say $0.05 or 2.5%, and there is a [...]

(F) How to Better Read Earnings Reports

(GM) U.S. Automakers Report Sluggish Auto Sales in June

vitalstocks — Wed, 06 Jul 2011 19:29:12 +0000

Light vehicle sales in the U.S. rose a tad by 2.4% to a seasonally adjusted annualized rate of 11.41 million vehicles in June from 11.14 million vehicles in the same month last year. It came down from the seasonally adjusted annual rate of 11.8 million in May, the slowest since June 2010. Total sales inched [...]

(GM) U.S. Automakers Report Sluggish Auto Sales in June

(GM) General Motors Recalls Pickup Trucks

vitalstocks — Wed, 06 Jul 2011 19:26:14 +0000

General Motors Company (GM) announced two tires of recall of about 10,000 pickup trucks from the model year 2011 due to problems with their automatic transmission and steering shaft. The first set of recall is related to a faulty automotive transmission clip that could slip and show the incorrect position of the transmission gear. According [...]

(GM) General Motors Recalls Pickup Trucks

(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook

vitalstocks — Fri, 01 Jul 2011 16:42:58 +0000

(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook

(TM) Toyota Motor Now Recalls Its SUVs

vitalstocks — Thu, 30 Jun 2011 20:42:14 +0000

Toyota Motor Corp. (TM) announced that it would recall 82,200 units of its sports utility vehicle (SUV) hybrids due to malfunctioning of their computer boards. The recall would involve 45,500 units of Highlander and 36,700 units of Lexus Rx 400h from the 2006 and 2007 model years that are sold only in the U.S. Toyota [...]

(TM) Toyota Motor Now Recalls Its SUVs

(GM) Company News for June 29, 2011 – Corporate Summary

vitalstocks — Wed, 29 Jun 2011 21:00:15 +0000

• Google Inc (NASDAQ:GOOG) unveiled social networking site Google+ which will enable it to compete against Facebook. The application is now in its trial period • Car maker General Motors (NYSE:GM) said it has concluded a deal with natural gas engine maker Westport Innovations (NASDAQ:WPRT) which will enable it to cater to the light duty [...]

(GM) Company News for June 29, 2011 – Corporate Summary

(NSANY) Nissan Pins Hopes on Mexico

vitalstocks — Wed, 29 Jun 2011 16:29:22 +0000

Nissan Motor Co. (NSANY) revealed that it anticipates production level to go up by 20% at its Mexican operations in 2011 compared with 2010. In 2010, it produced 506,494 vehicles. The company has considered Mexico as one of its fast-growing markets like Brazil in Latin America. It is the second-biggest automaker in the country after General [...]

(NSANY) Nissan Pins Hopes on Mexico

(GM) Steel Stock Review & Outlook – June 2011 – Industry Outlook

vitalstocks — Wed, 29 Jun 2011 02:21:50 +0000

The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets and cold-rolled strip and sheets. The long steel product [...]

(GM) Steel Stock Review & Outlook – June 2011 – Industry Outlook

(NSANY) Nissan Motor Sees a Droopy Year

vitalstocks — Tue, 28 Jun 2011 16:17:20 +0000

Nissan Motor Co. (NSANY) revealed that it expects a 15.4% fall in profit to ¥270 billion ($3.4 billion) due to the setback from the earthquake and tsunami in Japan on March 11 that broke down infrastructure and damaged many parts supplying companies’ plants causing disruptions in the supply chain. The Japan’s third largest automaker also [...]

(NSANY) Nissan Motor Sees a Droopy Year

(F) Ford Motor Company Breaking Ground in China on Engine Plant

vitalstocks — Tue, 28 Jun 2011 16:03:54 +0000

Ford Motor Co. (F) broke ground on a $500 million engine plant in the southwestern city of China, Chongqing. The plant, once in full swing in 2013, will double the production capacity of its joint venture (JV), Changan Ford Mazda Automobile Co., to 750,000 units per year. The engines will be used in Ford branded vehicles built and [...]

(F) Ford Motor Company Breaking Ground in China on Engine Plant

(GM) General Motors Pursues Investment in U.S. Plants

vitalstocks — Wed, 22 Jun 2011 21:12:21 +0000

General Motors Co. (GM) announced investment amounting to $65 million at its two engine plants in New York and Tennessee. The automaker will invest $33 million at its plant in Tonawanda near Buffalo, New York that will retain or create 100 jobs. The remaining $32 million will be invested in its Spring Hill plant in [...]

(GM) General Motors Pursues Investment in U.S. Plants

(F) Ford Motor Revs Up Lincoln Promotion

vitalstocks — Wed, 22 Jun 2011 17:14:43 +0000

Ford Motor Co. (F) plans to invest $1 billion for developing its only surviving luxury line, Lincoln. The automaker will roll out seven all-new or significantly upgraded new generation Lincoln models by 2015, including a small car in 2014. Last year, Ford decided to expand its luxury Lincoln line-up at the cost of its Mercury [...]

(F) Ford Motor Revs Up Lincoln Promotion

(GM) General Motors Recalls Cadillac on SW Glitch

vitalstocks — Wed, 22 Jun 2011 00:29:39 +0000

General Motors Company (GM) announced that it would recall 50,500 units of Cadillac SRX luxury crossover vehicles due to a software glitch that may cause non-deployment of airbags in case of an accident, leading to injuries for ones sitting in the right rear seat. GM officials revealed that the front passenger is supposed to deploy [...]

(GM) General Motors Recalls Cadillac on SW Glitch

(F) Ford Motor Races in Europe with 20 New Cars

vitalstocks — Tue, 21 Jun 2011 19:01:04 +0000

Ford Motor Co. (F) announced its plan to roll out as many as 20 new models in Europe over the next three years in order to boost car sales in the continent. The company will also expand capacity at some of the plants in and around Europe in order to support the new model launches. [...]

(F) Ford Motor Races in Europe with 20 New Cars

(F) Ford Motor Steers Toward Asia

vitalstocks — Thu, 16 Jun 2011 14:50:48 +0000

Ford Motor Co. (F) revealed that it expects global sales to expand by 50% to 8 million vehicles by 2015 given the potential growth in Asia, mainly China and India; and rising demand for small cars. The automaker anticipates small cars to account for 55% of the total sales by 2020 compared with 48% presently. [...]

(F) Ford Motor Steers Toward Asia

(GM) General Motors Renovating Cadillac Showrooms

vitalstocks — Wed, 15 Jun 2011 16:58:57 +0000

General Motors Company (GM) has planned to introduce a fresh and new design for its Cadillac dealerships. The plan, a part of the company’s brand makeover initiative, is expected to be designed and implemented over the next two years. The makeover has been planned with the intent to uplift the image of these stores, making [...]

(GM) General Motors Renovating Cadillac Showrooms

(HMC) Honda Cuts Working Days

vitalstocks — Wed, 15 Jun 2011 16:47:45 +0000

Honda Motor Co. (HMC) announced that its workers will take 14 additional days off from June to August due to disruptions in manufacturing operations driven by parts shortages. The parts shortage came on the back of earthquake and tsunami in Japan on March 11 that damaged many parts supplying companies’ plants and paralyzed the power [...]

(HMC) Honda Cuts Working Days

(GM) GM Renovating Cadillac Showrooms

vitalstocks — Sat, 11 Jun 2011 14:18:15 +0000

(GM) GM Renovating Cadillac Showrooms

(TM) Chrysler Schedules Summer Shutdowns for Earlier Than Usual

vitalstocks — Mon, 06 Jun 2011 04:10:34 +0000

Chrysler, 30% owned by Italy’s Fiat SpA (FIATY), has shifted the summer shutdown of three U.S. plants from July to June due to shortage in parts supply on the back of earthquake and tsunami in Japan on March 11 that damaged many parts supplying companies’ plants. With this, the Detroit-based automaker will provide more time [...]

(TM) Chrysler Schedules Summer Shutdowns for Earlier Than Usual

(HMC) Expensive Cars Hurt Auto Sales

vitalstocks — Fri, 03 Jun 2011 14:12:24 +0000

Auto sales in the U.S. dipped 3.7% on a year-over-year basis to 1.06 million vehicles in May, which is equivalent to an annualized rate of 11.8 million vehicles. It has touched the lowest rate in 8 months since 11.76 million vehicles recorded in September 2010. The decrease in sales was attributable to a rise in [...]

(HMC) Expensive Cars Hurt Auto Sales

(TM) Oracle Corporation – Bull of the Day

vitalstocks — Tue, 31 May 2011 13:23:22 +0000

Oracle Corporation (TM) reported strong third quarter results, which beat the Zacks Consensus Estimate by $0.04. Robust results were primarily driven by strong revenue growth and new software sales were encouraging. The company also provided a robust fourth quarter 2011 outlook. Given the improving prospects, we have raised our estimates for the fourth quarter, fiscal [...]

(TM) Oracle Corporation – Bull of the Day

(GM) Auto Industry Outlook and Review – May 2011 – Industry Outlook

vitalstocks — Tue, 24 May 2011 22:34:16 +0000

The auto industry is highly concentrated, with the top 10 global automakers accounting for over 77% of production worldwide. In the first four months of 2011, General Motors Company (GM) led with a 19.6% market share in the U.S., followed by Ford Motor Co. (F) with a 16.2% market share, Toyota Motors Corp. (TM) with [...]

(GM) Auto Industry Outlook and Review – May 2011 – Industry Outlook

(F) Unemployment Down in 39 States

vitalstocks — Mon, 23 May 2011 04:06:20 +0000

Geographically, the decline in unemployment has been widespread, but it still remains very high in most of the country. In April, the unemployment rate fell in 39 states and rose in three (plus DC). Relative to a year ago, the unemployment rate is down in 46 states (plus DC) and up in just three. This [...]

(F) Unemployment Down in 39 States

(TM) Toyota Delays Prius Deliveries Due to Tsunami Damage

vitalstocks — Fri, 20 May 2011 17:45:53 +0000

Toyota Motor Corp. (TM) revealed that deliveries of the latest version of its popular gas-electric hybrid, Prius, will be delayed by a year due to a shortage in supply of batteries on the back of earthquake and tsunami in Japan on March 11 that damaged many parts supplying companies’ plants. The revamped version, Prius Alpha, [...]

(TM) Toyota Delays Prius Deliveries Due to Tsunami Damage

(F) Ford Motor’s F-150 Safety Probe Expands

vitalstocks — Wed, 11 May 2011 03:05:05 +0000

The U.S. National Highway Traffic Safety Administration (NHTSA) revealedthat it has recently included 1.3 million into its investigation of Ford Motor Co.’s (F) best selling pickup, F-150, related to a problem with the traps holding fuel tanks that can rust and break. This has brought the total vehicles under the probe to 2.7 million vehicles. [...]

(F) Ford Motor’s F-150 Safety Probe Expands

(HMC) Honda Motor Fears Auto Shortages on Parts Supply Issues

vitalstocks — Wed, 04 May 2011 01:49:55 +0000

Honda Motor Co. (HMC) has alerted its U.S. dealers about supply shortages of its popular models, Civic compact and CR-V small SUV, due to lower availability of parts that will support the required production level to meet their demand. The parts shortage came on the back of earthquake and tsunami in Japan on March 11 [...]

(HMC) Honda Motor Fears Auto Shortages on Parts Supply Issues

(GM) Chrysler Reports First Profit in Five Years

vitalstocks — Tue, 03 May 2011 18:28:34 +0000

Chrysler Group LLC, 25% owned by Italy’s Fiat SpA (FIATY), posted a profit of $116 million in the first quarter of 2011 compared with a net loss of $197 million in the year-ago quarter. Operating profit, excluding taxes, interest and pension-related costs, more than tripled to $477 million from $143 million a year earlier. The [...]

(GM) Chrysler Reports First Profit in Five Years