All Posts Tagged With: "HMC"
(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...
(AN) AutoNation Remains Neutral
We reiterate our Neutral recommendation on AutoNation Inc. (AN), which is the largest automotive retailer in the U.S. and almost twice the size of its nearest competitor. The company sells 31 different brands...
(JCI) Johnson Controls European Buyout Enhances
Johnson Controls Inc. (JCI) announced that it has completed the acquisition of two European business entities, Keiper recliner systems and Recaro seating business in Germany, after getting approval from the...
(BWA) BorgWarner Unveils New Two-Stage Turbocharging System in North America
BorgWarner Inc. (BWA) recently unveiled a powerful and efficient regulated two-stage (R2S) turbocharging system in North America that meets the Fiat Powertrain Technologies’ (FPT) specific requirements while...
(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...
(AN) AutoNation Sales Dip on Supply Crunch
AutoNation Inc. (AN) reported a 15% fall in new vehicle sales to 16,347 vehicles in May due to shortages in supply of vehicles, especially from Japan that accounts for 52% of its sales. The Japanese automotive...
(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...
(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...
(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...
(AN) AutoNation Announces $250 Million Increase to Share Buyback
AutoNation Inc. (AN) announced that its board of directors has authorized the repurchase of up to an additional $250 million of common stock under its existing share buyback program. This has increased the...
(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...
(AN) AutoNation Reports Strong Earnings Results for 2011 First Quarter
AutoNation Inc. (AN) reported net income of $70.3 million or 46 cents per share from continuing operations for the first quarter of 2011, compared with $58.8 million or 34 cents in the year-ago period.
The...
(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...
(ALV) Autoliv Expands in Southern China
Autoliv Inc. (ALV) announced that it has started building an extension of its airbag and seatbelt assembly facility in Guangzhou in Southern China. The near $4 million extension will enhance the floor space...
(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...
(TM) Toyota Motor to Resume Production
Toyota Motor Corp. (TM) revealed that it will resume production at all its plants in Japan at half capacity from April 18 to 27. The automaker suspended its production at all the 18 plants in Japan from March...
(F) Americans Buying Smaller Cars
U.S. recorded a 12% rise in light vehicle sales to a seasonally adjusted annual rate (SAAR) of 13.1 million units in March, driven by an improvement in the employment rate.
Rising employment rate infused confidence in the buyers, especially young ones, to rush into...
(MCO) Moody’s Investor’s Service May Downgrade Toyota Motor Shares
Moody’s Investors Service, the credit rating agency operated by Moody’s Corp. (MCO), warned that it may downgrade its credit rating for Toyota Motor Corp. (
7Apr2011 | vitalstocks | 0 comments | Continued(F) Ford Motor Idles Belgian Plant Due to Japan Parts Shortage
Ford Motor Co. (F) revealed that it will idle its plant in Genk, Belgium, for 5 days starting April 4 in order to avoid shortage of parts supplied by Japanese manufacturers. The automaker had initially planned...
(F) Metals & Mining Industry Outlook – March 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, with...
(MT) Steel Industry Outlook – March 2011 – Industry Outlook
The global Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with projected crude...
(AAPL) Stock Market News for March 16, 2011 – Market News
Optimistic comments from the Federal Reserve on Tuesday helped instill some confidence in the economy and limited the markets from ending at session lows. Benchmarks inched down by a point as Japan’s nuclear crisis started taking its toll, raising concerns of a dip in the...
(LNG) Stock Market News for March 14, 2011 – Market News
On Friday, markets overcame fears of any near-term slide in the wake of global issues to end higher as materials and energy helped the indices post gains. The mass destruction caused by the earthquake and tsunami in the third largest economy of the world, Japan, failed to...
(F) Auto Industry Outlook and Review – March 2011 – Industry Outlook
The auto industry is a highly concentrated one, with roughly 10 global automakers accounting for over 77% of total production worldwide. In 2010, General Motors Company (GM) led with a 19.1% market share in...
(TM) Light Vehicle Sales Surge in January
The U.S. saw a significant rise in light vehicle sales in January. It grew significantly by 17% to a seasonally adjusted annual rate (SAAR) of 12.6 million units in January, reflecting a strong uplift in the industry. SAAR reached the highest level during the month since the...