Sat, May 9, 10:55 AM
- Toyota (NYSE:TM) and Mazda (OTCPK:MZDAY) are discussing expanding their existing partnership into fuel cell development, according to Reuters.
- Mazda was toying with building its own fuel cell vehicle before deciding to team up with Toyota.
- Toyota is a leader in the burgeoning hydrogen FCV industry and is sharing some of its patents for free in an effort to see infrastructure build-out expand in key nations.
- Battle lines are still being drawn over the direction of next-gen vehicles with Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) and Hyundai (OTC:HYMLF) more heavily exploring hydrogen fuel cells - while the Detroit Big Three (GM, F, FCAU) and Tesla Motors (NASDAQ:TSLA) have a sharper focus on battery-powered electric vehicles.
- German automakers (OTCQX:VLKAY, OTCPK:DDAIF, OTCPK:BAMXY) are seen hedging their bets a bit with the group supporting efforts to build out a hydrogen charging network in Germany and selling electric vehicle (PHEV, BEV, hybrids) models at the same time.
- Some analysts think politicians may have the final say. The 2016 U.S. presidential election and the success of Japanese Prime Minister Shinzo Abe are key factors.
- Previously: Millennials have the steering wheel now (Jan. 31)
- Previously: Academic study sees future for clean and cheap hydrogen fuel (April 6)
- Previously: Toyota Mirai coming to U.S. in October (May 6)
- Previously: 500K the talk in electric vehicle industry (May 8)
Thu, May 7, 1:03 PM
- Freightliner (OTCPK:DDAIF) introduced the first self-driving truck that has been approved legally to operate on roads.
- The State of Nevada designated the model with the same NHTSA Level 3 rating it gave to Google's autonomous car.
- The Level 3 distinction means a human driver must be able to take control of the vehicle if there is a software problem.
- The legal ramifications of landing a Level 4 license (no human intervention) are still being worked out.
- Previously: Self-driving cars vs. the law (March 20)
Thu, May 7, 6:55 AM
Fri, May 1, 1:24 PM
- Mercedes-Benz (OTCPK:DDAIF) unit sales +10.6% to 32,432 units.
- Sales growth by Mercedes class: C-Class +30% to 6,665; E-Class -43% to 3,466; S-Class +5.9% to 2,021; M-Class +29.1% to 4,945; GL-Class -2.6% to 2,195.
- Sprinter sales up 15.5% to 2,764 units.
- Smart sales dropped 54% to 480.
- YTD Mercedes-Benz sales across all three brands +8.2% to 117,860 units.
Thu, Apr. 30, 11:08 AM
- A 25-page thesis from Fiat Chrysler Automobiles titled "Confessions of Capital Junkie" presents the case that automakers need to consider consolidating through mergers.
- The automobile industry is set up for failure unless costs from R&D and regulatory changes can be shared on a larger scale, according to the company.
- "Capital consumption rate by OEMs is unacceptable—it is duplicative, does not deliver real value to consumers and is pure economic waste," reads the presentation.
- There's even a slide with a quote from Alice in Wonderland to hammer home the automaker's main points on the need for M&A.
- Today, Ford CEO Mark Fields told CNBC the company isn't looking for a merger within the auto space. Similar comments have been made by execs with General Motors, Nissan, and Toyota in the recent past.
- FCA's industry analysis (.pdf)
- 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.
Fri, Apr. 24, 7:57 AM
- Mercedes-Benz (OTCPK:DDAIF) faces a fine of 350M renminbi ($57M) in China over allegations the automaker fixed prices on cars and parts.
- Anti-trust regulators in China first announced the infractions against Mercedes-Benz last August.
- Foreign automakers have heard from regulators in China with increasing regularity over the last year.
Thu, Apr. 16, 9:06 AM
- Daimler (OTCPK:DDAIF) car registrations +19.7% to 92,355 units in March, according to the European Automobile Manufacturers Association.
- Overall EU registrations +10.6% Y/Y in March, powered by double-digit growth in Spain, Italy, and France. YTD registrations +8.6%.
- Daimler market share: 5.6% vs. 5.2% a year ago.
- Daimler YTD registrations +16.8%.
- Results include the Mercedes and Smart brands.
- EAMA release (.pdf)
Mon, Apr. 6, 11:43 AM
- The New York International Auto Show is in full swing with automobile manufacturers introducing new models and refreshing older ones. Five standout introductions are listed below.
- Toyota RAV4 hybrid : The much-anticipated RAV4 hybrid impressed at the New York International Auto Show with a wide variety of technical features and strong fuel economy. The RAV4 hybrid is expected to be a leader in the green small SUV segment for Toyota (NYSE:TM).
- Lincoln Continental: Ford's (NYSE:F) big bet on a rehash of the iconic classic is seen as critical for the future of the Lincoln brand. Engineers didn't skimp on size with the Chinese market in mind. Reviews for the unveiled concept version of the Continental are overwhelmingly favorable.
- Honda Civic: An aggressive move was made by Honda (NYSE:HMC) with an edgier version of the high-volume model. Auto industry watchers call the sportier look a stunner. The Civic has lost U.S. market share over the last year.
- Cadillac CT6: General Motors (NYSE:GM) drew high marks for the design of the large luxury entry. Reviewers were also impressed with the weight of the vehicle despite the size and strong look.
- Aston Martin Vulcan: On the super high-end, the latest James Bond-worthy model from Aston Martin is popping eyeballs. The car tops out with 800+ horsepower (Vulcan teaser video). Daimler (OTCPK:DDAIF) and Ford have minority stakes in the automaker.
- Full coverage of the new releases at the New York International Auto Show
Mon, Apr. 6, 7:01 AM
- Mercedes-Benz (OTCPK:DDAIF) will make a decision by the end of the year on whether it will sell a pickup in the U.S., according to top U.S. exec Steve Cannon.
- A roll-out of a Mercedes pickup in Europe, Latin America, Australia, and South Africa is anticipated by 2020.
- Cannon thinks there is enough demand in the luxury pickup segment to consider the initiative.
Thu, Apr. 2, 1:30 PM
- A running scorecard of U.S. plug-in electric vehicle sales is being tracked by InsideEVs.com.
- A final tally is expected tomorrow.
- Sales by model as reported: Tesla Model S 2,450 (estimated), Nissan Leaf 1,850, BMW i3 950, Chevrolet Volt 639, Toyota Prius PHV 473, Volkswagen e-Golf 195, Mercedes-Benz B-Class ED 145, BMW i8 143, Cadillac ELR 92.
- Related stocks: TSLA, OTCPK:NSANY, OTCPK:BAMXY, OTCPK:BAMXF, GM, TM, OTCPK:DDAIF.
- EV sales were reported at 12,998 units through February compared to 13,021 a year ago after two months.
Thu, Apr. 2, 6:56 AM| Thu, Apr. 2, 6:56 AM | Comment!
Wed, Apr. 1, 11:21 AM
- Mercedes-Benz (OTCPK:DDAIF) unit sales +9.3% to 32,883 units.
- Sales growth by Mercedes class: C-Class +35% to 7,635; E-Class -29% to 4,489; S-Class -10% to 2,065; M-Class -0.7% to 4,023; GL-Class +10.9% to 2,365.
- Sprinter sales up 24.2% to 12,379 units.
- Smart sales dropped 25% to 583.
- YTD Mercedes-Benz sales +7.3% to 85,248 units.
Fri, Mar. 27, 8:11 AM
- Mercedes-Benz (OTCPK:DDAIF) plans to introduce its first pickup model by 2020.
- The automaker will target Europe, South Africa, and Latin America before deciding if it will roll out the Mercedes pickup in the U.S. where the F-150, Silverado, and Ram models are firmly entrenched.
- YTD Mercedes-Benz sales in the U.S. are +6.0% through the end of February.
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)
Thu, Mar. 19, 1:44 PM
- Class 8 truck orders rose 7% Y/Y to 31.1K in February.
- Sales of Class 5 - Class 7 trucks were up 2% to 19.7K.
- ACT analyst Kenny Vieth says a 2015 build schedule which is flying by quickly means it's unlikely robust growth can be seen beyond April or May.
- Related stocks: PCAR, OTCPK:VOLVY, NAV, CMI, OTCPK:DDAIF.
Wed, Mar. 18, 6:57 AM
- State TV in China has launched its 2nd expose on Volkswagen (OTCQX:VLKAY) of the week.
- The German automaker is accused by CCTV of ignoring consumer complaints of dangerous oil leaks within the engine.
- Last weekend, CCTV's 3.15 consumer rights show hit Volkswagen, Nissan (OTCPK:NSANY), and Mercedes-Benz (OTCPK:DDAIF) over repair and parts pricing.
- Retail analyst Rahul Sharma notes that it's no coincidence the government is also for sales improvement for domestic car brands.
Other News & PR