GM, FORD SHARES RISE AFTER CHINA CUTS AUTO & PARTS TARIFFS — SOURCE: 05-23-18 CNBC – “GM, Ford shares rise after China says it will cut tariffs on car parts and vehicles” — The Chinese Finance Ministry says tariffs on certain vehicles will come down to 15 percent from as much as 25 percent while […]
GM
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 […]
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 […]