Feb. 14, 2015, 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.
Feb. 9, 2015, 9:52 AM
Feb. 8, 2015, 12:24 PM
- Ford (NYSE:F) plans to roll out 6 new models in Russia, according to a German publication.
- "There are no bad times for me to introduce a great new model, even if the economic conditions are difficult," CEO Mark Fields is quoted as saying.
- Car sales growth in Russia is forecast to fall by 18% to 25% this year.
Feb. 5, 2015, 11:40 AM
Feb. 4, 2015, 3:31 AM
- Ford (NYSE:F) is adding 1,500 workers across four plants to build the new F-150 pickup truck and plans on shifting hundreds of union-represented workers from entry-level wages to the pay veteran plant workers make, in the coming weeks.
- As Ford adds the new workers, it will exceed the quota of employees it can categorize in its second-tier pay bracket, and therefore will need to increase the paychecks of as much as 1% of its hourly workforce.
Feb. 3, 2015, 7:41 PM
- Automakers turned in an impressive U.S. sales tally for January with majors GM, Ford, Fiat Chrysler Automobiles, Honda, and Toyota all with double-digit sales growth.
- The gains weren't top-heavy as Subaru (+24%), Audi (+14%), Mitsubishi Motors (+33%), and even Porsche (+27%) all big gainers.
- Sales of lights trucks and SUVs rose 19.3% during the month, according to Autodesk.
- Average transaction prices were up 5.2% Y/Y on average, estimates Kelley Blue Book. GM and Ford both benefited on their ATP through a higher mix of SUVs and trucks.
- It wasn't a spectacular month for electric vehicle sales with demand for the Nissan Leaf falling off and the Tesla Model S an insignificant factor in the U.S. total.
- High-level automobile execs attributed the strong demand in part to the $2 gas price level seen across the U.S.
- Automaker stocks: GM, F, TM, HMC, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:MMTOF, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU, OTCPK:NSANY, OTCPK:DDAIF.
Feb. 3, 2015, 9:35 AM
- Ford (F +2.6%) took market shares in the U.S. during January as the new F-150 and Mustang drew solid buzz.
- The automaker's tally for retail sales was the best for a January since 2004.
- Lower gas prices at the pump might have been a factor with the strong numbers for the Explorer and Expedition models
- Sales growth by brand: Ford +15.5% to 171,732; Lincoln +10.8% to 6,619.
- Sales growth by model: Ford Focus +53.9% to 18,478; Ford Fusion -4.9% to 19,694; Ford C-MAX -18.2% to 1,160; Ford Mustang +124% to 8,694; Ford F-Series +16.8% to 54,370; Ford Explorer +28.2% to 14,995; Lincoln Navigator +144% to 916, Lincoln MKC (new) 1,602.
- Ford says the new F-150 is averaging only 9 to 10 days on dealer lots.
Feb. 3, 2015, 9:22 AM
Jan. 31, 2015, 10:39 AM
- Automakers need to address the issue of how to sell to millennials, according to data from TrueCar.
- The group is projected to purchase 4.24M vehicles in 2015 to account for close to 25% of the total new car market in the U.S. That's a percentage that will stay on the rise over time.
- A few things to keep in mind about millennials.
- They have an indie spirit that can veer away from dominant brands. Just ask McDonald's or Anheuser-Busch InBev.
- They are early adopters of new technology. Just ask the cable companies.
- They don't take their marching orders from Madison Avenue on what products are on-trend. Just ask Abercrombie & Fitch.
- Millennials are likely to have a lot to say with the critical question on if electric batteries or hydrogen fuel cells (Tesla vs. Toyota) emerge as the dominant alternative energy source for the industry.
- Automaker stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, TTM, OTCPK:MMTOF, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:GELYF, FCAU.
Jan. 29, 2015, 7:18 AM
- Ford (NYSE:F) reports automotive revenue of $33.8B in Q4 and an operating margin of 2.8%, down 40 bps from a year ago.
- Preparation for the F-150 launch kept production numbers in North American at a moderate level.
- The operating margin rate in South America was -7.6% as high warranty costs and F/X played a factor.
- The automaker trimmed its loss in Europe to $443M on improved volume.
- Ford saw sales in Asia Pacific fall 10.3% to $2.6B with foreign currency translation again a factor.
- The automaker projects industry volume of 17.0M to 17.5M units in the U.S. and 24.5M-26.5M in China.
- F +0.9% premarket.
Jan. 29, 2015, 7:08 AM
- Ford Motor (NYSE:F): Q4 EPS of $0.26 beats by $0.03.
- Revenue of $35.9B (-4.5% Y/Y) beats by $1.1B.
- Shares +1.2% PM.
Jan. 28, 2015, 5:30 PM
- ABT, AIT, ALLY, ALV, ALXN, APD, BABA, BAX, BC, BEAV, BMS, BX, CAH, CAM, CELG, CHKP, CL, CLFD, CMS, COH, COP, CRR, CSH, DGX, DHX, DOW, DST, EMC, EPD, F, GLOP, HAE, HAR, HGG, HOG, HP, HSY, HUB.B, ITG, IVZ, JBLU, KELYA, KEM, KMT, LLL, LRN, LSTR, MD, MJN, MMYT, MTH, NDAQ, NOC, NOK, NYCB, OSTK, OXY, PENN, PHM, POT, PSX, PSXP, RCI, RCL, RDS.A, RGLD, RGS, RTN, RYL, SHW, SILC, SWK, SXC, TCB, TDY, TKR, TMO, TWC, UBSI, VIAB, VLO, VLY, VRTS, WCC, WILN, WRLD, XEL, ZMH
Jan. 28, 2015, 9:26 AM
- Ford (NYSE:F) plans to recall 221K vehicles in separate actions tied to interior door handles and seat beat fasteners.
- A recall of 205K vehicles for door handles involves 2010-2013 Ford Taurus, Lincoln MKS, and Ford police interceptor cars sold largely in North America.
- A second recall of 16.1K 2014 Ford Transit Connect cars covers a seat belt issue.
- Share of Ford are unchanged in premarket action.
Jan. 27, 2015, 9:33 AM
- U.S. sales for Ford (NYSE:F) are expected to increase 12.1% to 172K in January, according to an estimate from Kelley Blue Book.
- Ford market share -10 bps to 15.1%. (estimated)
- The automaker's delicate balance of F-150 sales and deliveries will be watched closely.
- U.S. new-vehicles sales are projected to increase 12.9% Y/Y to 1.14M units vs. the polar vortex month of a year ago.
Jan. 24, 2015, 8:25 AM
- In a low-yield world, the newly launched iBillionaire High Dividend Index - which tracks the trading moves of 25 investing-savvy billionaire investors such as Stanley Druckenmiller, James Dinan and Nelson Peltz - actually lives up to its name with a dividend yield of 5.34%.
- At 24%, the index has a high allocation of energy shares, including OXY, TRP, CNP, COP, BP, ATLS, CVI, WMB, APL, RIG and ARP.
- Also worth noting is that the index contains some high-yielding mortgage REITs, an area most investors hate right now but where billionaires seem to find value; examples are NRF, AGNC and CIM.
- No mutual fund or ETF tracks this index, but it offers a fishing pond of income investment ideas to research further.
- The top 20 holdings: TLM, CVC, GM, TIME, AEE, D, STAY, KMI, TROX, EXC, STNG, PPL, IRM, PFE, KKR, KAR, F, MIC, LO, ABBV.
Jan. 23, 2015, 9:21 AM
- TrueCar says truck buyers still rate fuel economy as a top buying priority even with gas prices significantly lower.
- As expected, the continued shift by buyers away from passenger cars and hybrid to trucks and utilities hasn't been altered by the new gas price environment.
- Fuel economy and towing capability were called extremely important by a strong majority of truck buyers.
- The TrueCar analysis is important to Ford (NYSE:F) with some debate in the industry on the impact on demand for the aluminum-bodied 2015 F-150 from lower gas prices.
Ford Motor Co. is engaged in the manufacturing and distribution of automobiles. It operates through two business sectors: Automotive and Financial Services. The Automotive sector operates through four business segments: North America, South America, Europe and Asia Pacific Africa. The North... More
Sector: Consumer Goods
Industry: Auto Manufacturers - Major
Country: United States
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