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| 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| 1 Comment
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.
Fri, Feb. 13, 2:22 PM
- Apple (NASDAQ:AAPL) is actively recruiting automobile industry experts to work at a secret lab, sources tell Financial Times.
- The hires are reported to include vehicle design experts.
- Earlier this week, CEO Tim Cook called CarPlay (auto OS) a key technology platform for the company in the future.
- CarPlay is expected to be included in some future Ferrari, Daimler, Volvo, and Volkswagen models.
- Though this week's events have rekindled some rumors of an iCar, there's nothing solid yet from Apple indicating it's heading in that direction.
- The plans of Apple in auto has some bearing on Tesla Motors (NASDAQ:TSLA), BMW (OTCPK:BAMXY), and even General Motors (NYSE:GM) with its OnStar asset.
- Apple isn't the only tech giant dabbling in the auto sector, Google has ambitious self-driving car and Android integration projects of its own.
- Related: Talent showdown between Tesla Motors and Apple.
Tue, Feb. 10, 1:39 PM| Comment!
Tue, Feb. 3, 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.
Tue, Feb. 3, 1:07 PM
Sat, Jan. 31, 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.
Thu, Jan. 22, 3:31 PM
- A new initiative from Volkswagen (OTCQX:VLKAY), BMW (OTCPK:BAMXY) and ChargePoint will see express electric vehicle charging corridors set up on the West Coast and East Coast.
- The updated 50 kW stations will be able to charge the BMW i3 and the Volkswagen e-Golf up to 80% in about 20 minutes.
- The project is expected to be finished by the end of 2015.
- ChargePoint is the largest operator of EV charging stations in the U.S.
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