All Posts Tagged With: "NSANY"
(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) 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) Increase in U.S. Auto Sales A Boon for Banks?
An improving economy and rising consumer confidence continue to fuel recovery in the auto industry. In 2010, U.S. auto sales increased 11.1% from 2009. Also, in February 2010, auto sales climbed 27% with more than 40% growth coming from Toyota Motor Corp. (
(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...
(TM) U.S. Auto Sales Rebound Strongly in November
The light vehicle sales in the U.S. during November rose 17% to a seasonally adjusted annual rate of 12.3 million units, signaling a strong recovery in the industry. All the major automakers, except Toyota Motor Corp. (
24Dec2010 | vitalstocks | 0 comments | Continued(ALV) Autoliv Announces Increased Dividend
Autoliv Inc. (ALV) raised its quarterly dividend payment for the second time of the year by 14% to 40 cents per share from 35 cents. The raised dividend is close to the highest dividend of 41 cents paid...
(AN) AutoNation Reports New Retail Vehicle Sales Up 16%
AutoNation Inc. (AN) sold 15,511 retail new vehicles in November, a 16% rise from the year-ago level. The sales growth was higher than 12% increase in sales in the U.S. auto industry, excluding sales to fleet...
(F) Auto Industry Outlook and Review – November 2010 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. In the first nine months of 2010, General Motors (MTLQQ) led with a 19% market...
(AN) AutoNation Quarterly Earnigs Miss Expectations
AutoNation Inc. (AN) reported a 9% fall in net income to $58.5 million for the third quarter of 2010 from $64.4 million in the year-ago period. However, on earnings per share basis, profit rose 8% to 39 cents...
(AN) AutoNation Reports Retail New Vehicles Sales Soar 35% in September 2010
AutoNation Inc. (AN) sold 18,040 retail new vehicles in September, a 35% rise from the same month of 2009. The sales growth was higher than the overall industry growth of 29% during the month. However, AutoNation’s...
(F) U.S. Auto Sales Industry Marks Slow Recovery
Light vehicle sales in the U.S. during September rose 25.5% to a seasonally-adjusted annual rate of 11.8 million units, signaling a slow recovery in the industry. Stable gasoline prices and strong sales at Ford Motor (
5Oct2010 | vitalstocks | 0 comments | Continued(AN) AutoNation Analyst Upgrades Stock to Outperform
We have upgraded our long-term recommendation (6+ months) on the shares of AutoNation Inc. (AN) from Neutral to Outperform. This is based on its improved results and recent acquisitions.
In...
(AN) AutoNation Reports Sales Rose 5% Year-Over-Year in July
AutoNation Inc. (AN) sold 19,688 retail new vehicles last month, up 5% from July 2009. Sales rose marginally due to unfavorable comparison with the last year’s Cash for Clunkers program that generated significant...
(F) U.S. Automakers Drive Sales
The light vehicle sales in the U.S. during July rose marginally by 2.2% to 11.54 million vehicles in terms of seasonally adjusted annual rate, driven mainly by strong sales gain experienced by the U.S. automakers. Pickup trucks and luxury cars were the hottest selling vehicles...
(ALV) Autoliv Second Quarter 2010 Earnings Outpace Estimates
Autoliv Inc. (ALV) has revealed a profit of $158.6 million or $1.73 per share (excluding the loss on extinguishing debt) in the second quarter of 2010, reversing the loss of $20.7 million or 24 cents per share...
(AN) AutoNation Profits Up 36%
AutoNation Inc. (AN) witnessed a 36% increase in profits (adjusted) to $62 million or 38 cents per share in the second quarter of 2010 from $50 million or 28 cents per share in the prior-year quarter. With...
(F) Auto Industry Outlook and Review – July 2010 – Industry Outlook
The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. In the first quarter of 2010, General Motors (MTLQQ) led with a 19.2% market share...
(AN) AutoNation Sales Up 13%
AutoNation Inc. (AN) showed a 13% rise in retail new vehicle sales to 16,153 units last month, driven by strong growth in its Domestic brands. Sales of the Domestic brands, which comprise stores that sell vehicles...
(AN) AutoNation’s Sales Figures Outpace Overall U.S. Sales
AutoNation Inc. (AN) has posted a 22% rise in sales to 19,283 vehicles during May. With this, the automotive retailer has outpaced the sales gain of 19% in the U.S. during the month.
Sales in AutoNation’s...
(AN) AutoNation’s Earnings Report Matches Expectations
AutoNation (AN) showed a 55% increase in profits to $58 million or 34 cents per share in the first quarter of 2010 from $40 million or 22 cents per share in the prior-year quarter. With this, the automotive...
(DAI) Renault and Mahindra End Joint Venture
French carmaker Renault and India’s utility vehicle maker Mahindra & Mahindra have ended their equity joint venture (JV) in the latter’s home country to make sedans for the domestic market. So far, the JV has launched only one vehicle, Logan, a mid-sized sedan.
Logan...