(F) Ford Motor Workers Ratify UAW Contract
Workers at Ford Motor Co. (F) have ratified the proposed 4-year agreement with United Auto Workers (UAW). The deal covers 41,000 Ford workers in the U.S. Under the ratified deal, most of the Ford...
View Article(F) Ford Motor May Reinstate Dividend
Ford Motor Co. (F) is considering reinstating dividend payments for its shareholders as the company expects to benefit from labor efficiency improvements resulting from the newly ratified 4-year...
View Article(TM) U.S. Sees Best October Auto Sales
Light vehicle sales in the U.S. rose 7.5% to 1.02 million units during October, the best since October 2007, driven by strong sales of sports utility vehicles (SUVs) and trucks. At seasonally adjusted...
View Article(GM) Metals and Mining Stock Outlook – November 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...
View Article(HMC) Honda Motor Company – Bear of the Day
Honda Motor Company’s (HMC) financial results are severely affected by a stronger Yen and the catastrophic disaster in Japan in March. Furthermore, recent floods in Thailand also damaged the company’s...
View Article(F) Ford Motor Plans Layoffs in Europe
Ford Motor Co. (F) plans to layoff 4,000 workers at its Valencia, Spain assembly plant for 39 days between January and October in 2012 in response to weakening demand for cars in Europe on the back of...
View Article(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook
Overview 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...
View Article(TM) Toyota Motor Takes Orders for Prius Plug-In Hybrid Vehicle
Toyota Motor Corp. (TM) has started taking orders for its much awaited plug-in version of Prius hybrid car that comes with an excellent mileage and affordable price. The automaker will start delivering...
View Article(GM) Auto Industry Stock Outlook and Review – December 2011 – Industry Outlook
The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S. In...
View Article(F) U.S. Auto Industry – Pent-Up Demand or Recovery?
Despite uncertainties in the market, consumers did not step back from the automobile showrooms in November as they felt the ardent need to change their old cars in the garage. Why wouldn’t they be,...
View Article(TM) Toyota Motor Trims Earnings Outlook
Toyota Motor Corp. (TM) has sharply cut its earnings outlook for the fiscal year ending March 31, 2012 due to a strong yen and severe flooding in Thailand that disrupted its parts supply chain. The...
View Article(F) Auto Sales to Reach Three-Year High
According to an industry research report by TrueCar.com, light vehicle sales in the U.S. (including cars, trucks and sports utility vehicles/SUVs) during 2011 is likely to reach its three-year high at...
View Article(F) U.S. Auto Industry Sees Best Year Since 2008
Light vehicle sales in December 2011 rose 9% to seasonally adjusted annual rate (SAAR) of 13.6 million units, driven by low interest rates (below 3%), easier credit standards, decreasing unemployment...
View Article(F) Ford Recalls Minivans and SUVs
Ford Motor Co. (F) announced that it would recall 539,000 vehicles including Ford Escape SUVs, and Ford Freestar and Mercury Monterey minivans because of safety issues. Most of the recalled vehicles...
View Article(F) Ford Motor Cuts Lincoln Dealerships
Ford Motor Co. (F) announced that it has reduced dealerships of its Lincoln luxury lineup to 325 from about 500 in the top 130 markets, where demand for luxury products is very strong. With the...
View Article(F) Ford Motor Misses Earnings – Revenues Up 6.5%
Ford Motor Co. (F) posted a 34% fall in profit to $797 million or 20 cents per share (before special items) in the fourth quarter of 2011 from $1.20 billion or 30 cents per share (before special items)...
View Article(F) Ford Europe Predicts Heavy Loss
Ford Motor Co. (F) revealed that it is likely to lose between $500 million and $600 million in 2012 in the 19 European markets covered by the automaker owing to the ongoing debt crisis in the region....
View Article(GM) Auto Industry Stock Outlook – Review – March 2012 – Industry Outlook
The auto industry is highly concentrated. The top-10 global automakers account for roughly 80% of the worldwide production and nearly 90% of total vehicles sold in the U.S. In January-February 2012,...
View Article(GM) Steel Industry Stock Outlook – March 2012 – Industry Outlook
About the Industry The steel industry can well be termed the backbone of modern society considering steel’s varied uses, be it in construction, transport, electrical appliances, food packaging and the...
View Article(GM) General Motors Buys Back Stake in China Joint Venture
General Motors Co. (GM) plans to buy back the 1% stake in its Shanghai GM joint venture in China with Shanghai Automotive Industry Corporation (“SAIC”). The automaker sold the stake to SAIC in 2010 for...
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