Tue, Jan. 6, 2:03 AM
- Hoping to spur wider use of hydrogen to power vehicles, Toyota (NYSE:TM) says it will share its 5,700 patents related to hydrogen fuel-cells with other carmakers without charging a royalty fee.
- The move rivals Elon Musk's decision last June to freely license Tesla’s electric-car patents to other automakers to help advance the development of electric-powered vehicles.
- Toyota is aiming to produce a small number of $57,500 hydrogen-fueled Mirai vehicles this year which will be available globally.
- Other automakers engaged in fuel-cell development programs: HMC, GM, OTCPK:NSANY, F, OTCPK:DDAIF
Mon, Jan. 5, 3:24 PM
- Mercedes-Benz (OTCPK:DDAIF) unit sales +4.3% to 38,270.
- Sales growth by Mercedes class: C-Class +13.8% to 8,224; E-Class -41.3% to 5,119; S-Class +52.5% to 2,832; M-Class +25.4% to 5,625; GL-Class +51.6% to 3,394; GLK-class -42.5% to 1,857.
- Sprinter sales rose 16.3% to 3,288.
- Smart sales increased 13.8% to 973.
- 2014 sales +6.7% to 366,589.
Thu, Jan. 1, 3:41 AM
- More than 60M vehicles were recalled in the U.S. in 2014, totaling an average of about two announcements a day and affecting the equivalent of one in five vehicles on the road.
- GM's (NYSE:GM) defective ignition switch, Honda's (NYSE:HMC) Takata (OTCPK:TKTDY) air bag crisis and Fiat Chrysler's (NYSE:FCAU) flammable gas tanks led the group, doubling the previous U.S. annual recall record set in 2004.
Dec. 31, 2014, 9:04 AM
- A sobering comment from China Automobile Dealers Association deputy secretary general Luo Lei could give manufacturers pause heading into 2015.
- "Carmakers have high market expectations. But the reality is: supply exceeds demand," maintains Lei.
- Dealers in China have been complaining this year about problems clearing inventory, even in the luxury sector, amid an unbalanced push by automakers to meet targets.
- Also on the Chinese automobile market: China extends EV subsidies, High hopes for Chinese luxury automobile segment, Toyota to miss China 2014 sales goal.
- Related stocks: OTCPK:DDAIF, OTCPK:BAMXY, OTCQX:VLKAY, GM, OTCPK:NSANY, TM, TTM, F, HMC, TSLA, KNDI.
Dec. 28, 2014, 12:40 PM
- Germany plans to build out the network of charging stations for battery-powered cars in the nation as it looks to stoke growth in the EV industry, according to Reuters.
- The government has a goal of having a million electric cars on the road by 2020.
- EV sellers in Germany: OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:DDAIF, OTCPK:MMTOF, TSLA, OTCPK:NSANY, OTC:RNSDF.
Dec. 23, 2014, 12:29 PM
- A new report from EU investigators details a long period of collusion within the trucking industry in Europe.
- The EU has been probing pricing and emissions developments in the sector for several years.
- Manufacturers implicated by the EU are reported to have large amounts set aside for expected fines over the matter.
- The case involves Daimler (OTCPK:DDAIF), Iveco (NYSE:CNHI), Scania (OTCQX:VLKAY), Volvo (OTCPK:VOLVY), and DAF (NASDAQ:PCAR).
Dec. 22, 2014, 10:49 AM
- TrueCar projects automobile sales in the U.S will rise 2.6% to 17M next year.
- The research firm forecasts the average transaction price of new vehicles will increase 2.4% to a $32,589.
- TrueCar's models to watch: Ford F-Series, Mazda CX-3, Mercedes-Benz GLA.
- Related stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:FUJHY, KMX, CRMT, AN, OTCPK:MZDAY, LAD.
Dec. 19, 2014, 3:00 PM
- U.S. automobile sales are forecast to increase 11% in December to an annual selling rate of 16.6M units, according to a fresh forecast from TrueCar.
- The research firm says the industry benefited from lower gas prices and a better month of weather than was seen a year ago.
- For the full year, TrueCar expects total U.S. vehicle revenue to be up 8.3% to close to $1T.
- Transaction prices on new cars are up 1.9% to $31,831 YTD.
- Used vehicle sales are up 3.3% for the year.
- Related stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:FUJHY, KMX, CRMT, AN, LAD.
Dec. 19, 2014, 2:17 PM
- The age of connected cars appears closer with Google pushing forward with its next-gen Android M software designed to be integrated into automobiles.
- The industry has a bit of an uneasy relationship with Google, despite the company's open-source approach to the technology.
- Though most major automakers collaborate with Google through the Open Automotive Alliance - which aims for a common platform to drive innovation - the self-driving car initiative of Google and their own infotainment ambitions keep them wary.
- Analysts originally forecast vehicle-to-vehicle communication would be part of the connected car concept and be integrated into some models by 2016, although that timetable now appears unlikely.
- What to watch: Before any major breakthrough occurs, the DOT needs to weigh in on next-gen connected cars. That gets trickier with safety and security concerns teed up again after the high-profile GM recall debacle and crippling Sony hacking incident.
- Automaker stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM, OTCPK:MMTOF, OTCPK:SZKMY, OTCPK:FUJHY, OTC:RNSDF, OTCPK:GELYF, FCAU.
Dec. 18, 2014, 9:14 AM
- General Motors (NYSE:GM) suspends making deliveries to Russia due to the volatile situation with the ruble exchange rate.
- The company operates in the region through Opel-division GM Russia.
- Jaguar Land Rover (NYSE:TTM) and Audi (OTCQX:VLKAY) have also halted sales in the nation in reaction to the currency crisis.
- The above automakers - along with BMW (OTCPK:BAMXY), Daimler (OTCPK:DDAIF), Hyundai (OTC:HYMLF), and Renault (OTC:RNSDF) - face large hits in Q4 due to exposure to the Russian currency.
- Some estimates on ruble losses range over the $100M mark.
Dec. 16, 2014, 7:18 AM| Dec. 16, 2014, 7:18 AM | Comment!
Dec. 11, 2014, 8:39 AM
- Aston Martin plans to bring in funds through a debt or capital raise in order to back its growth plans, sources tell Reuters.
- The luxury automaker wants to introduce a high-end crossover SUV as part of its expansion.
- A major push by Aston Martin could threaten Jaguar Land Rover (NYSE:TTM) in some markets.
- Aston Martin is owned mainly by P-E firms Investment Dar and Investindustrial, with Daimler (OTCPK:DDAIF) and Ford (NYSE:F) each holding smaller stakes.
Dec. 11, 2014, 6:57 AM
- The number of CNG-powered vehicles in Europe will grow to between 10M and 12M by 2020, according to a rosy forecast from the Natural and Bio Gas Vehicle Association in Europe.
- The rapid pace of growth predicted would require the support of European governments with tax incentives and the establishment of a network of CNG fueling stations.
- Volkswagen (OTCQX:VLKAY), Mercedes-Benz (OTCPK:DDAIF), and Fiat (NYSE:FCAU) are the automakers poised to benefit the most if CNG takes off in Europe.
Dec. 8, 2014, 10:45 AM
- New data from Truecar.com indicates more than one million cars with a transaction price over $50K will be sold this year.
- Sales at the price point are up 30.8% through November compared to a year ago.
- Transactions for cars below the $50K level were up 4.1% for the same time period.
- Detroit automakers (GM, F, FCAU) have big plans for the Cadillac, Lincoln, and Fiat brands in the U.S. in 2015.
- Meanwhile, German automakers (OTCPK:DDAIF, OTCPK:BAMXY, OTCQX:VLKAY) are all increasing production capacity in the U.S. based on forecasts for strong high-end sales growth.
- Strong demand in the U.S. for cars priced over $50K also bodes well for Tesla Motors (NASDAQ:TSLA).
Dec. 5, 2014, 8:52 AM
- Mercedes-Benz (OTCPK:DDAIF) will increase North America production in Q1 of 2015 by 21.8%, according to a forecast from WardsAuto.
- German peer BMW (OTCPK:BAMXY) ranks 2nd of the larger automakers on the WardsAuto list with an estimated production boost of 15.6%.
- Volkswagen (OTCQX:VLKAY) is also listed above the industry average at 6.2%.
Dec. 2, 2014, 1:52 PM
- Mercedes-Benz (OTCPK:DDAIF) unit sales +1.6% to 37,925.
- Sales growth by Mercedes class: C-Class +17.5% to 9,259; E-Class -45.0% to 4,737; S-Class +50.1% to 2,863; M-Class +19.9% to 5,190; GL-Class +4.8% to 3,065.
- Sprinter sales rose 26% to 2,532.
- Smart sales fell 15% to 815.
- Pre-owned sales increased 9.6% to 8,847.
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