All Posts Tagged With: "TM"
(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...
(MCO) Moody’s Casts Shadow on Toyota Motor
Moody’s Investors Service, the credit rating arm of Moody’s Corp. (MCO), has cut the credit rating for Toyota Motor Corp. (TM) by one...
(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...
(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...
(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...
(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...
(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...
(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...
(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....
(CRM) Salesforce-Toyota Make Allies
Salesforce.com Inc. (CRM) recently announced a strategic alliance with the multinational automobile manufacturer Toyota Motors Corp. (TM)....
(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...
(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...
(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...
(TEN) Tenneco Quarterly Report Doubles Profit
Tenneco Inc. (TEN) depicted a profit of $39 million or 63 cents in the first quarter of 2011, surpassing the Zacks Consensus Estimate by 15 cents per share. It more than doubled from $15 million or 25 cents...
(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...
(HAR) Harman International Industries Receives Additional Contract
A developer of audio products and electronic systems, Harman International Industries Inc. (HAR) announced that it has won an additional contract from Volkswagen AG (
14Apr2011 | vitalstocks | 0 comments | Continued(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...