Nissan Motor Co., Ltd. ADROTCPK - Current
Thu, Dec. 8, 8:03 AM
- Automobile sales in China rose 19.8% in November to 2.42M units, according to the Passenger Car Association.
- Demand in China has been impacted by a tax cut that is due to expire at the end of the year. The government hasn't announced yet if the tax break will be extended.
- Chinese automakers Geely Automobile, Guangzhou Auto and Great Wall Motors all saw huge market share gains during the month.
- Auto sales are up 15.7% YTD to 21.1M units to mark an annual record with another selling month still to go.
- Related automaker stocks: OTC:CQCAF, OTCPK:GWLLF, OTCPK:GWLLY, OTCPK:GELYF, OTCPK:GELYY, OTCPK:BYDDY, OTCPK:BYDDF, KNDI, OTCPK:DNFGY, OTCPK:DNFGF, OTCPK:DDAIF, OTCPK:VLKAY, OTCPK:BMWYY, GM, OTC:GNZUF, OTC:GNZUY, TSLA, F, OTCPK:NSANY, TM.
Tue, Dec. 6, 12:01 PM| Tue, Dec. 6, 12:01 PM
Tue, Dec. 6, 7:15 AM
- UBS predicts the era of diesel passengers cars is slowly coming to an end as manufacturers adopt a higher mix of hybrid and electric powertrains.
- The investment firm sees a drop of global diesel market share to 4% in 2025, from a current share of about 13.5%.
- The development is seen as positive for Ford (NYSE:F), General Motors (NYSE:GM), Tesla (NASDAQ:TSLA), Nissan (OTCPK:NSANY), Honda (NYSE:HMC), Toyota (NYSE:TM) and Hyundai (OTC:HYMLF). The slide in diesel market share will hurt Fiat Chrysler Automobiles (NYSE:FCAU), BMW (OTCPK:BMWYY), Peugeot (OTCPK:PEUGF, OTCPK:PUGOY), Renault (OTC:RNSDF) and Volkswagen (OTCPK:VLKAY), warns UBS. European oil refinerers could also feel a neagtive impact.
- Source: Bloomberg
- Previously: EVs a long-term wildcard in the oil market (Dec. 3)
Thu, Dec. 1, 10:16 AM
- Nissan (OTCPK:NSANY) unit sales +7.5% to 115,136 units. The sales gain comfortably beat estimates from research firms.
- Truck sales increased 22.2% Y/Y to 61,455 units.
- Car sales fell 5.5% to 53,681 units.
- Sales growth by brand: Nissan +8.0% to 103,024 units; Infiniti +3.6% to 12,112 units.
- Nissan Rogue sales increased 18% to 26,629 units.
- TrueCar estimates on Nissan: Average transaction price -4.2% Y/Y to $26,693. Incentive spending +12.4% to $4,209.
- YTD Nissan sales +4.9% to 1,411,680 units.
Wed, Nov. 30, 9:59 AM
- A top Trump advisor says the President-elect will only use the threat of tariffs as a last resort.
- While the development isn't a shocker in the political world, a tariff overhang has lingered over Ford (F +0.3%) and Japanese automakers (OTCPK:NSANY, TM, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF) since the election.
- Some analysts thinks Trump is likely to face increased pushback on dismantling NAFTA from the business world after he sets up in the Oval Office.
Tue, Nov. 29, 4:56 PM
- South Korea’s government says it plans to ban sales of some cars made by Nissan (OTCPK:NSANY), BMW (OTCPK:BMWYY) and Porsche (OTCPK:POAHF) after it found the companies manipulated documents to make their vehicles road worthy.
- The government plans to levy a combined 6.5B won ($5.6M) in fines on the three automakers, which it says submitted documents that already had been used for similar models when they were applying for sales approval for some of their cars.
- The government had widened its probe of certifications to more than a dozen foreign automakers after banning the sale of nearly all Volkswagen cars in the country.
Tue, Nov. 29, 11:52 AM
- Elaine Chao is the pick of Donald Trump to be the Secretary of Transportation, according to numerous media outlets.
- Chao served in the cabinets of Bush 41 and Bush 43. Early analysis is that she may be a known quantiy to the Detroit Three (GM, F, FCAU) who worked closely with her on a post-9/11 task force and broadly during the Bush years.
- The big picture: There's been some concern over the impact of the Trump administration for EV sellers such as Tesla Motors (TSLA -1.9%), Nissan (OTCPK:NSANY) and Toyota (TM +0.7%) -- although the $7.5K federal tax break is already set to expire when automakers cross over the 200K U.S. EV sale mark. Federal fuel efficiency targets could be rolled back after Trump takes office, although some industry watchers think manufacturers are too far along in their EV, ridesharing and mobility projects to put the genie back in the bottle.
Mon, Nov. 28, 3:15 AM
- Eight of Europe's largest carmakers are on course to miss carbon dioxide emissions targets that come into force in 2021, leaving them facing the prospect of billions of euros in fines.
- Only four of the 12 largest companies - Peugeot Citroen (OTCPK:PEUGF), Toyota (NYSE:TM), Renault-Nissan (OTC:RNSDF, OTCPK:NSANF) and Volvo (OTCPK:GELYF) - are on track to hit incoming EU goals, according to PA Consulting group, which advises many of the companies on manufacturing and technology.
Fri, Nov. 25, 9:46 AM
- U.S. automobile sales are expected to increase 4.2% to a record 1.37M units in November, according to a forecast from Kelley Blue Book. The previous high for the month was 1.32M units.
- This November includes two extra selling days than last year which provides an obvious boost. A high level of promotions around the Black Friday weekend is also seen as a sales driver.
- KBB's forecast by automaker: General Motors (NYSE:GM) +8.6% to 249K, Toyota (NYSE:TM) +2.9% to 195K, Ford (NYSE:F) +0.1% to 187K, Fiat Chrysler Automobiles (NYSE:FCAU) -4.5% to 168K, Honda (NYSE:HMC) +9.1% to 126K, Nissan (OTCPK:NSANY) +8.3% to 116K, Hyundai-Kia (OTC:HYMLF) +7.0% to 113K, Subaru (OTCPK:FUJHY) +15.0% to 53K, Volkswagen (OTCPK:VLKAY) +5.5% to 47.5K.
- Tesla Motors (NASDAQ:TSLA) isn't running up the volume quite yet to make the KBB list, but that is expected to change in 2017.
Tue, Nov. 22, 10:42 AM
Mon, Nov. 21, 3:50 PM| Mon, Nov. 21, 3:50 PM
Fri, Nov. 18, 10:39 AM
- Fiat Chrysler Automobiles (NYSE:FCAU) and Amazon (NASDAQ:AMZN) are teaming up to sell cars online, according to Reuters. Consumers will still finalize their car purchases at a dealership.
- The initiative will start off in Italy with the Fiat 500, Fiat Panda and Fiat 500L.
- "The time has arrived to give consumers a new, more efficient and transparent way to choose a new vehicle," says Fiat's top exec in Italy.
- Though the Fiat-Amazon tie-up isn't necessarily groundbreaking, it's still another crack in the dealership model that could have implications down the road.
- Related automobile sector stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA, AN, KMX, SONC.
- Previously: Amazon launches automotive research portal, Amazon Vehicles (Aug. 25)
Thu, Nov. 17, 9:55 AM
- Nissan (OTCPK:NSANY) car registrations +0.2% to 40,225 units in October, according to the European Automobile Manufacturers Association.
- Overall EU registrations -0.02% Y/Y to 1,104,506 units in October on broad gains on mixed results across nations. Registrations were up 9% in Italy and 4% in Spain, but fell almost 6% in Germany and were down 4% in France. YTD registrations are up 7.2% to 12.348502M.
- Nissan market share: 3.5% vs. 3.5% a year ago.
- Nissan YTD registrations -1.8%.
- EAMA release (.pdf)
Wed, Nov. 16, 9:52 AM
- The Los Angeles Auto Show is off and running this week, with technology companies stealing some of the early headlines.
- Samsung (OTC:SSNLF) got the ball rolling with its huge acquisition of Harman (NYSE:HAR), while Amazon dazzled many by showcasing its connected-car Blue Link technology that uses the AI-heavy Alexa in Hyundai cars.
- Ride sharing platforms are on display, led by BMW's Reach Now program which is a potential Uber (Private:UBER) X competitor.
- Edmunds.com may have sent a bit of shock wave through the auto retailer sector by demonstrating its advanced messaging platform that uses Facebook Messenger to help direct buyers to cars.
- Then there is Olli which is the first self-driving vehicle to use IBM (NYSE:IBM) Watson as its brains.
- There are plenty of new models on display at the Staples Center - including the Alfa Romeo Stelvio, Volkswagen e-Golf, Land Rover Discover, Porsche Panamera and Mazda CX-5. The first look at the Jaguar all-electric I-Pace SUV is one of the more talked about introductions.
- The all-electric Chevy Bolt and Tesla Model X mobile design studio will also be making an appearance in LA. Expect some updates on both as the GM vs. Tesla war starts to get ratcheted up.
- Related automobile sector stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA, AN, KMX, SONC.
Mon, Nov. 14, 2:15 PM
- The NHTSA passes a new regulation requiring all new electric and hybrid vehicles to make an audible noise at speeds below 19 mph to help protect blind and visually-impaired pedestrians as well as cyclists.
- Manufacturers have until September 1, 2019, to add the sounds to all new hybrid and EVs.
- Department of Transportation press release
- Related auto stocks: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA.
Wed, Nov. 9, 4:32 AM
- The industry has been betting billions of dollars on globalized production and higher fuel efficiency, but Trump has been talking about moves to effectively reshore jobs to the U.S., while calling climate change into question.
- Related stocks: TM -3.9%, F -1.1%, GM -0.4%, FCAU -0.4%, HMC, OTCPK:NSANY, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXF, TTM