NEW FORD CEO PROMISES FURTHER URGENT ACTION – ABANDONING US CAR MARKET FOR TRUCKS/SUV/COMMERCIAL VEHICLES KEY MESSAGES: CEO Hackett targets $25.5 billion in cost reductions by 2022 Seeks 8% profit margin by 2020, two years ahead of schedule Ford stock had dropped more than 11 percent this year. The product portfolio is seen as dated […]
SII US Retail Automotive
FORD STOCK ISN’T AS CHEAP AS IT LOOKS!
FORD STOCK ISN’T AS CHEAP AS IT LOOKS! Ford still has a great dividend, but don’t expect much upside this year — SOURCE 04-20-18 InvestorPlace – “Ford Motor Company Stock Isn’t as Cheap as It Looks” — Source: Shutterstock Ford Motor Company (NYSE:F) is not having a great 2018 so far. And there’s little reason to […]
EUROPEAN CAR SALES WEAKEST IN 5 YEARS
EUROPEAN CAR SALES WEAKEST IN 5 YEARS — SOURCE: 04-18-18 Bloomberg – “European Car Sales Weakest in Five Years” — British demand plunges in first quarter as spending sags Three of top five markets in region post March sales declines European car sales turned in their weakest performance in the first quarter since an industrywide […]
STALLING FORD & GM PUMPING THE BRAKES ON SUPPLIERS
STALLING FORD & GM PUMPING THE BRAKES ON SUPPLIERS Auto-parts suppliers like Nexteer are being squeezed hard. — SOURCE: 04-17-18 Bloomberg – “The Unappealing Story Under GM’s Hood” — Photographer: Nick Hagen/Bloomberg What’s a better bet — the car, or the parts under the hood? Investors have long believed the latter, but that may be […]
FCAU Fiat Chrysler Automobiles IDEA
On the weekly chart (left) we can see a significant rise for FCAU, breaking from a sideways channel mid-2017 and lifting to the end of Jan.2018. This lift created a channel structure and overall we are watching to see if the market continues to lift within the channel, or breaks from it. Note the […]
HARLEY-DAVIDSON: LOOKS LIKE ITS GOING TO CONTINUE TO BE A REAL ROUGH RIDE!
HARLEY-DAVIDSON: LOOKS LIKE ITS GOING TO CONTINUE TO BE A REAL ROUGH RIDE! — SOURCE: 04-05-18 Seeking Alpha – “Harley-Davidson: No Reason To Get Onboard” — Summary Harley-Davidson has reported three consecutive years of flat-to-declining sales, and guidance doesn’t imply any improvements for the foreseeable future. The company is not implementing any decisive measures to […]
HERTZ HURTING UNDER THE HOOD WHILE AVIS STILL HOLDING ON
HERTZ HURTING UNDER THE HOOD WHILE AVIS STILL HOLDING ON — SOURCE: 03-20-18 Forbes Magazine – David Trainer , Contributor – “Hertz Seems To Be Hurting Under The Hood” — In this Tuesday, Nov. 28, 2017 photo signs hang in a Hertz car rental parking lot, in Boston. (AP Photo/Steven Senne) Investors will ignore a lot of red flags […]
0% AUTO FINANCING INCENTIVES DISAPPEARING IN REAR VIEW MIRROR AS FINANCING RISES TO 5.7%
0% AUTO FINANCING INCENTIVES DISAPPEARING IN REAR VIEW MIRROR AS FINANCING RISES TO 5.7% — SOURCE: 04-06-18 Associated Press (AP) – “The zero percent auto loan era is fading into America’s rear view mirror” — In March, nearly two-thirds of all vehicles sold were SUVs and pickup trucks. Sales of cars fell 9.2 percent. Carmakers […]
AUTO MANUFACTURERS WILL SOON FEEL THE ‘TAPED OUT’ CONSUMERS’ SHIFT TO “OFF LEASE USED” CARS
AUTO MANUFACTURERS WILL SOON FEEL THE ‘TAPED OUT’ CONSUMERS’ SHIFT TO “OFF LEASE USED” CARS — SOURCE: 04-04-18 Associated Press (AP) – “On the Money: Glut of used cars gives buyers more options” — Used vehicle sales hit 39.2 million vehicles in 2017, more than double the number of new automobiles sold, according to the […]
SUBPRIME AUTO BUBBLE BURSTS – BUYERS SUDDENLY MISSING FROM SHOWROOMS
SUBPRIME AUTO BUBBLE BURSTS – BUYERS SUDDENLY MISSING FROM SHOWROOMS — SOURCE: 04-02-18 ZeroHedge – “Subprime Auto Bubble Bursts As “Buyers Are Suddenly Missing From Showrooms” — It was less than a month ago when we showed a series of “10 charts revealing an auto bubble on the brink”, and which laid out several very […]