Auto Manufacturers – Major
(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook
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,...
(TM) Toyota Motor Now Recalls Its SUVs
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...
(GM) Company News for June 29, 2011 – Corporate Summary
• 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:
29Jun2011 | vitalstocks | 0 comments | Continued(NSANY) Nissan Pins Hopes on Mexico
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...
(GM) Steel Stock Review & Outlook – June 2011 – Industry Outlook
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...
(NSANY) Nissan Motor Sees a Droopy Year
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...
(F) Ford Motor Company Breaking Ground in China on Engine Plant
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...
(GM) General Motors Pursues Investment in U.S. Plants
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...
(F) Ford Motor Revs Up Lincoln Promotion
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,...
(GM) General Motors Recalls Cadillac on SW Glitch
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...
(F) Ford Motor Races in Europe with 20 New Cars
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...
(F) Ford Motor Steers Toward Asia
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...
(GM) General Motors Renovating Cadillac Showrooms
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...
(HMC) Honda Cuts Working Days
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...
(GM) GM Renovating Cadillac Showrooms
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...
(TM) Chrysler Schedules Summer Shutdowns for Earlier Than Usual
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...
(HMC) Expensive Cars Hurt Auto Sales
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...
(TM) Oracle Corporation – Bull of the Day
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....
(GM) Auto Industry Outlook and Review – May 2011 – Industry Outlook
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...
(F) Unemployment Down in 39 States
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)...
(TM) Toyota Delays Prius Deliveries Due to Tsunami Damage
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...
(F) Ford Motor’s F-150 Safety Probe Expands
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...
(HMC) Honda Motor Fears Auto Shortages on Parts Supply Issues
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...
(GM) Chrysler Reports First Profit in Five Years
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...
(F) Ford Motor Reports Profits Highest in a Decade
Ford Motor Co. (F) flashed its first quarter 2011 earnings with a roaring 48% rise in profit to $2.61 billion from $1.76 billion in the same quarter of 2010. On earnings per share basis, profits rose 35% to...
(TM) Toyota Motor Reduces Even More American Output
Toyota Motor Corp. (TM) announced that it would reduce output by 75% at its North American plants in order to conserve limited supply of parts made in Japan. The automaker has been facing parts shortage resulting...
(GM) General Motors Adds Life to 72-Year Old New York Plant
General Motors Co. (GM) announced that it would invest $100 million in its 72-year old Rochester plant in New York that was about to close. The company decided to continue with the plant as the workers agreed...
(TM) Toyota Motor to Halt European Production
Toyota Motor Corp. (TM) announced that it will suspend production in Europe for 8 days due to parts shortage resulting from the earthquake and tsunami in Japan on March 11 that damaged many parts supplying...
(TM) Toyota Motor Suspends North American Production in Wake of Japanese Tsunami
Toyota Motor Corp. (TM) revealed that it will undertake one-day production shutdowns at all its plants in North America, except Georgetown, Kentucky, due to the earthquake and tsunami in Japan on March 11 that...
(F) Ford Motors Fears Production Halt
Ford Motor Co. (F) alerted that it may have to suspend or slow down production at its plants in Asia-Pacific due to a shortage in supply of parts following the earthquake and tsunami in Japan on March 11 that...