Thu, Jan. 29, 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.
Thu, Jan. 29, 7:08 AM
Wed, Jan. 28, 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
Wed, Jan. 28, 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.
Tue, Jan. 27, 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.
Sat, Jan. 24, 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.
Fri, Jan. 23, 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.
Fri, Jan. 23, 9:04 AM| 10 Comments
Tue, Jan. 20, 9:07 AM
- Ford (NYSE:F) announces the official global roll-out of its iconic Mustang model.
- The U.S.-built Mustang will now be sold in over 100 markets with Asia a particular focus.
- Deliveries to Asia by the automaker from Michigan have just begun.
- The 6th-gen Mustang will be sold with right-hand drive in some regions.
- Mustang reviews: Edmunds.com, Car and Driver, New York Times.
Fri, Jan. 16, 7:18 AM| 7 Comments
Thu, Jan. 15, 8:08 AM
- "It’s time to introduce a hydrogen era," said Prime Minister Shinzo Abe in Tokyo as he announced a government initiative to build out a self-service hydrogen network of stations.
- The development comes only two days after Tesla Motors (NASDAQ:TSLA) CEO Elon Musk called hydrogen a "dumb" energy storage system.
- Toyota (NYSE:TM) is the pioneer in the FCV field and is building 1.5K Mirai vehicles for the Japanese government. Though taking a cautious approach to rolling out production, the world's top-selling automaker isn't ruling out selling hydrogen cars in all markets eventually.
- Review: Car and Driver's deep dive into the Toyota Mirai FCV.
- Related: Toyota opens up 5680 patents on fuel-cell technology to other automakers.
- What to watch: Abe has endorsed larger fuel-cell subsidies than those offered for electric vehicles in China, Europe, and the U.S. Will more governments take a side in the hydrogen vs electric battle setting up in the automobile industry?
- Related stocks: F, GM, OTCPK:NSANY, OTCPK:BAMXY, OTCPK:DDAIF, KNDI, HMC, OTCPK:MZDAY, OTCPK:SZKMY, OTCPK:FUJHY, OTCPK:MMTOF
Tue, Jan. 13, 8:07 PM
- The launch of the 2015 F-150 is on schedule for Ford (NYSE:F), according to top execs at the Detroit Auto Show.
- The automaker says the aluminum-bodied truck is selling in an average of five days after hitting dealership floors and lots.
- Ford's sales in the U.S. have lagged peers over the last few months as it prepped for the huge F-150 roll-out.
- Previously: Highlights from the Detroit Auto Show (Jan. 12)
Mon, Jan. 12, 1:48 PM
- Ford (NYSE:F): The big focus on the F-150 is far from unexpected, although a Truck of the Year award for the model provides a nice bit of timing. Other news from Ford includes a new GT super car, a look at the next-gen Ford AppLink platform, and a new carbon initiative.
- Nissan (OTCPK:NSANY): The automaker unveiled the Titan XD pickup truck at the show. The truck features 8-cylinders in a 6-cylinder segment. A dose of reality from Nissan as well. CEO Carlos Ghosn says 2015 could be a difficult year in the U.S. for the industry due to the high level of competition.
- Tesla Motors (NASDAQ:TSLA): Elon Musk will be in the house tomorrow. The automaker is highlighting its dual motor, autopilot technology, and Supercharger network at its display booth.
- General Motors: News from GM is largely focused on the new electric Bolt. Execs also reiterated the commitment to the Cadillac brand. $12B will go to develop 8 new models by 2020.
- Toyota (NYSE:TM): Close attention will be paid to the reception for the Japanese automaker's redesign of the Tacoma. The automaker faces new challengers in the small pickup segment.
- Daimler(OTCPK:DDAIF): CEO Dieter Zetsche sees 4% growth the global market in 2015 - a mark above what most industry analysts forecast. The exec thinks Mercedes-Benz will have a big year in China.
- Volkswagen (OTCQX:VLKAY): A big win for the German automaker when the Golf was named the Car of the Year by NAIS. Execs call the achievement a starting point to get back on track in the U.S.
Mon, Jan. 12, 3:36 AM| 10 Comments
Fri, Jan. 9, 3:31 PM
Thu, Jan. 8, 8:38 AM
F vs. ETF Alternatives
Other News & PR