Mon, Mar. 30, 8:59 AM
Tue, Mar. 24, 9:03 AM
- BMW (OTCPK:BAMXY, OTCPK:BAMXF) Chairman Dr. Norbert Reithofer gave a speech in Munich in which he stated that sales of electric vehicles are clearly connected to political initiatives.
- "Wherever governments offer tangible incentives for e-mobility, the registration figures for the BMW i3 soar," noted Reithofer.
- A statistic which supports the claim is that the automaker sold more i3s in California last year than in all of Germany.
- A company target to keep EBIT margin in a range of 8% to 10% was reiterated during the presentation.
Fri, Mar. 20, 11:10 AM
- A self-driving car from Tesla Motors (NASDAQ:TSLA) would be considered legal in 45 states at the moment, according to analysis from Wired.
- That 90% ratio is expected to change.
- The self-driving issue is likely to be teed up politicians and regulators over the next year as Tesla's new software update pushes up the timetable on the autonomous car concept.
- In Germany, for example, an explicit ban exists on autonomous driving.
- Another riveting puzzle: How does the software code get tested?
- There's also the question of what the insurance industry will have to say about the burgeoning technology and how much advanced sensor components will cost.
- Automobile experts think some functions such as self-parking, car retrieval features, and collision prevention technology will be approved federally and locally - while the full Muskonian dream may be a reach.
- BMW (OTCPK:BAMXY), Google (NASDAQ:GOOG), Audi (OTCQX:VLKAY), Mercedes-Benz (OTCPK:DDAIF), and Nissan (OTCPK:NSANY) are the other companies/brands out in front with self-driving car development.
- The Detroit Three (GM, F, FCAU) are mainly just kicking the tires on the concept.
- Previously: Tesla Motors talks range and self-driving features (Mar. 19 2015)
Wed, Mar. 18, 2:30 PM
Tue, Mar. 17, 7:41 AM
- BMW (OTCPK:BAMXY) car registrations +16.0% to 58,777 units in February, according to the European Automobile Manufacturers Association.
- Overall EU registrations +7.3% Y/Y, led by double-digit growth in Spain, Italy, and the U.K. YTD registrations +7.0%.
- BMW market share: 6.1% vs. 5.7% a year ago.
- YTD sales +11.8%.
- Results include the BMW and Mini brands.
- EAMA release (.pdf)
Wed, Mar. 11, 3:21 PM| Wed, Mar. 11, 3:21 PM | Comment!
Tue, Mar. 10, 7:05 AM
- Automobile sales in China are up 8.7% Y/Y to 3.43M units after the first two months of the year, according to the China Association of Automobile Manufacturers.
- Analysts tend to look at the two months together to smooth out the impact from the Chinese New Year holiday.
- YTD sales growth by manufacturer: GM (NYSE:GM) flat, Audi (OTCQX:VLKAY) +10.5%, Honda (NYSE:HMC) -7.6%, Ford (NYSE:F) +14.6%, Toyota (NYSE:TM) +13.6%, Nissan (OTCPK:NSANY) +11.7%, BMW (OTCPK:BAMXY) +2.7%.
Thu, Mar. 5, 6:56 AM| Thu, Mar. 5, 6:56 AM | Comment!
Wed, Mar. 4, 12:34 PM
- Investors betting on the Chinese automobile market need to factor in how runaway pollution impacts investment potential, warn analysts.
- The air Pollution index in China has hit dangerous levels this week with Beijing registering a 168 today and Nanjing hitting a shockingly high 288 yesterday (extremely unhealthy).
- Other cities with an "unhealthy" reading on air quality include Guangzhou, Nanjing, Maanshan, Chengdu, Chuzhou, Zhenjiang, Yahgzhou, Wuhu, and Hong Kong.
- Reports indicate the Chinese population has become more concerned about the medical ramifications of long-term exposure to pollution.
- Some automobile industry watchers think foreign car manufacturers could benefit at the expense of domestic automakers if the government in China is to take further steps to push low-emission cars and EVs.
- The other side of the equation is the restrictions placed on car sales in certain regions in the nation.
- China auto sales are expected to rise 8.3% this year.
- China-related auto stocks (including JVs): KNDI, OTCQX:VLKAY, GM, F, OTCPK:DDAIF, TSLA, OTCPK:BAMXY, OTCPK:BCAUY, OTCPK:GWLLY, OTCPK:GWLLF, OTCPK:GELYF, OTCPK:GELYY, OTCPK:DNFGF, OTCPK:DNFGY, OTC:HYMLF, CAAS, SORL, OTCPK:BYDDY, OTCPK:BYDDF.
Tue, Mar. 3, 3:16 PM
- All-electric and plug-in hybrid car sales showed only modest growth in the U.S. during February.
- A slow pace of sales in February was expected for the Leaf and Chevrolet Volt with General Motors and Nissan holding back on marketing efforts in front of this summer's release of next-gen models.
- The surprise of the month may have been BMW i3 topping the 1K mark during the tough weather period and with lower gas prices in the background.
- YTD EV sales are running slightly ahead of last year's pace.
- Looking ahead: Though EV sales are only a fraction of the total U.S. auto market, repping only ~15% of sales of the Toyota Camry for instance, major bets are being laid out by automakers on research and development. Exponential demand growth in the segment will be needed to make the Model X, Chevrolet Bolt, BMW i3, 2016 Toyota Prius PHV, 2016 Leaf, and other notable entries major successes.
- February EV sales scorecard (units): Nissan Leaf 1,198, Model S 1,150 (estimated), BMW i3 1,089, Chevrolet Volt 693, Toyota Prius PHV 397 (plug-in not conventional hybrid), Cadillac ELR 127, Chevrolet Spark 119, BMW 113.
- Related stocks: Tesla Motors (NASDAQ:TSLA), Toyota (NYSE:TM), BMW (OTCPK:BAMXY), Nissan (OTCPK:NSANY), General Motors (NYSE:GM).
Tue, Mar. 3, 12:50 PM
Mon, Mar. 2, 9:52 AM
- The Geneva Auto Show hits full speed this week with technology a dominant theme.
- European automakers such as Mercedes-Benz (OTCPK:DDAIF) and BMW (OTCPK:BAMXY) are displaying their connected car concept, while Opel (NYSE:GM) is touting the OnStar service.
- The emerging role of Apple and Google in the industry looms as a large factor in the background with top execs seeming uncertain as to what to expect.
- "We have to understand that, and then to find our roles, to which extent they are complementary, to which extent we become dependent, to which extent we are competitors," noted Daimler CEO Dieter Zetsche.
- Audi (OTCQX:VLKAY) looks to steal some thunder from Tesla Motors with its Electric R8 (610 hp, range 280 miles).
- What to watch: Anticipation is high for a presentation by Aston Martin on its future direction. Small UV entrants from Renault (OTC:RNSDF) and Honda (NYSE:HMC) are key introductions. On the ultra high-end, Ferrari (NYSE:FCAU) and McLaren are expected to grab headline for new dream cars.
Tue, Feb. 24, 1:25 PM
- Consumer Reports selects the Tesla Model S as the best overall model with an overall score of 99 on a combined measure of safety, performance, and reliability.
- Though scoring off the charts on performance and equivalent gas mileage, the Model S was only "average" for reliability.
- Other segment winners are listed below.
- Compact car: Subaru Impreza (test score 79).
- Midsize sedan: Subaru Legacy (test score 89).
- Large car: Chevrolet Impala (test score 91).
- Luxury car: Audi A6 (test score 90).
- Green car: Toyota Prius (test score 75).
- Sports sedan: Buick Regal (test score 83).
- Small SUV: Subaru Forester (test score 86).
- Large SUV: Toyota Highlander (test score 84).
- Minivan: Honda Odyssey (test score 84).
- The pickup category was skipped by CR due to the newness of the F-150 and Chevy Colorado launch.
- Automaker stocks: GM, F, TM, HMC, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU, OTCPK:NSANY, OTCPK:DDAIF, OTCPK:MZDAY, TSLA.
Wed, Feb. 18, 7:02 AM
Tue, Feb. 17, 10:11 AM
- BMW (OTCPK:BAMXY) car registrations +7.7% to 62,871 units in January, according to the European Automobile Manufacturers Association.
- Overall EU registrations +6.7% Y/Y, led by strong growth in Spain and Italy.
- BMW market share: 6.1% vs. 6.0% a year ago.
- Results include the BMW and Mini brands.
- EAMA release (.pdf)
Sat, Feb. 14, 10:53 AM
- The automobile industry was jolted yesterday by reports on Apple developing its own electric vehicle.
- Though the development has the potential to be disruptive for EV automakers, the impact could be even larger for companies betting on fuel cells if the $740B Cupertino giant takes a strong position in the EV vs. hydrogen debate through a partnership or vehicle introduction.
- Shares of Tesla Motors only showed a mild reaction to the Apple reports yesterday during the regular session and AH trading.
- Toyota is the company out in front on FCV development with the Mirai debuting in many markets this year. The automaker audaciously calls the model the "turning point" in automotive history.
- In regard to Apple, by most appearances, Toyota has been slow-playing the integration of Apple's CarPlay into future platforms.
- Related: The electric vs. hydrogen debate just got interesting (Jan. 15 2015)
- Related: Fuel cell development in Japan to gear up before 2020 Olympics (Jan. 20 2015)
- Related: Millennials have the steering wheel now (Jan. 31 2015)
- Related: Apple car project is for real, and it's a minivan (Feb. 13 2015)
- Automobile industy stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU, BLDP, KNDI.
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