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6/18/2013, 12:49 AM ET

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Wednesday, May 1, 10:28 AM The Big Three (F, GM, FIATY.PK) all posted double-digit Y/Y April U.S. sales numbers and topped estimates, but is the best still to come? A fresh slate of models is just hitting dealerships and industry insiders say pent-up demand in the U.S. is barely getting tapped. Though costs in Europe are still a major concern, auto stocks (CARZ, VROM) are becoming enticing on U.S. strength and with China looking wide open as local joint ventures start to pay off. 4 Comments [Consumer, Global & FX]
Wednesday, May 1, 8:13 AM Chrysler (FIATY.PK) April U.S. sales: +11% to 156,698 vehicles to just beat the estimate of analysts with trucks performing well during the month. Sales rose 49% for the Ram brand, 18% for Dodge, and 2% for Jeep while Chrysler brand sales dropped 13%. Comment! [Consumer, Global & FX]
Wednesday, May 1, 7:46 AM Auto sales are being driven higher by a recovery in the housing market and the wealth effect of a percolating stock market just as much (if not more) than pent-up demand, according to analysts. The average age of vehicles on the road has actually increased to 11.2 years from 10.8 years, giving some indication that perhaps "hundreds of thousands" of units need to be replaced. What to watch: All the major automakers report April U.S. sales numbers today with expectations running high that milder weather and new models on the market boosted sales. 13 Comments [Consumer]
Wednesday, May 1, 7:32 AM S&P changes its outlook on Chrysler (FIATY.PK) to positive from stable and notes a ratings upgrade could occur during the next twelve months. The ratings agency thinks the automaker will grow revenue and profits as new product launches take hold. Currently, Chrysler stands four notches below investment grade. Comment! [Consumer, Global & FX]
Tuesday, April 30, 12:55 PM Automobile industry snapshot: With a third of the year in the books, the fight for market share in the U.S. is being won by Ford (F), Chrysler (FIATY.PK), and Toyota while South Korean automakers stumble (KIMTF.PK, HYMLF.PK) and General Motors (GM) slowly recovers to where it stood six months ago. Though estimates for total industry sales in 2013 keep ranging higher, watch for Japanese automakers (NSANY.OB, HMC, TM) to use a weakened yen to compete more aggressively on price. On the EV front, the Nissan Leaf and Chevrolet Volt hope to take advantage of Tesla Motors (TSLA) pulling the plug on its 40-kWh version of the Model S. 16 Comments [Consumer]
Monday, April 29, 8:57 AM More on Chrysler (FIATY.PK) (previous): The automaker's aggressive product launch schedule cut into profitability, but sets it on a path to become more relevant down the road with its refreshed portfolio. Chrysler sees worldwide vehicle shipments of 2.6M to 2.7M and net revenue of $72B to $75B for the full year. (PR .pdf) Comment! [Global & FX, Consumer]
Monday, April 29, 8:51 AM Chrysler (FIATY.PK) reports Q1 sales of $15.4B (-6.1% Y/Y) and profit of $166M (-65%) on production of 569K vehicles. The automaker increased its market share in the U.S. by 20 bps to 11.4%. Transaction prices slipped by 2% during the quarter. (PR .pdf) 1 Comment [Earnings, Consumer, Global & FX]
Friday, April 26, 7:18 AM Fiat (FIATY.PK) might have to pay more than its original offer of $139.7M to buy the remaining shares of Chrysler from the UAW's healthcare trust. A judge in the case says he's leaning in that direction as he considers evidence on Chrysler's valuation. Comment! [Consumer, Global & FX]
Wednesday, April 24, 1:43 PM The latest batch of forecasts for auto sales indicates the SAAR will rise 5.3% to 15.3M. Though the pace of unit growth is considerably slower than the last three years, the sector has become less promotional as witnessed by the decent 3.1% rise in average transaction price in spite of the shift to less expensive automobiles. What to watch: A drop in vehicle inventory levels during April would be a good sign that the demand trend is still in place as the spring/summer selling season heats up and manufacturers haven't overshot with production. 1 Comment [Consumer]
Wednesday, April 24, 11:26 AM Fiat (FIATY.PK) continues to ponder a plan to acquire the portion of Chrysler it doesn't own and then launch an IPO of shares in the U.S. to help it tap cash. The deal hinges on whether a purchase price can be worked out with a union-run trust that holds a sizable stake in the profitable automaker. Comment! [Consumer, Global & FX]
Monday, April 22, 2:19 PM The fight for China: The Shanghai Automobile Show isn't lacking for new models with close to 1.3K vehicles being showcased in the nation which has become the world's largest automobile market. Gaining an early edge in the nation is critical because the average age of a car buyer is only 35 - compared to closer to 55 in the U.S. - meaning early winners could parlay their brand success for decades. (Previous: GM and Ford bring back old models for China) Comment! [Consumer, Global & FX]
Thursday, April 18, 9:15 AM General Motors (GM) says the 2015 Chevrolet Cruze Turbo Diesel will deliver 46 miles per gallon, a rating higher than previous estimates from the automaker. What to watch: The era of Detroit gas guzzlers appears to be long gone as the Big Three (GM, F, FIATY.PK) continue to deliver vehicles (diesel and non-diesel) which meet or exceed mileage ratings from Japanese automakers (TM, HMC) for comparable models. The trend from Detroit could also have some impact on EV sales (NSANY.OB, TSLA) if consumers decide catching +40 mpg fuel economy is "green" enough. 18 Comments [Consumer, Global & FX]
Thursday, April 11, 2:26 PM Close to a third of all consumers who expect to receive a tax refund will use the funds for the purchase of a vehicle, according to a study by eBay. It's more good news for the Big Three (GM, F, FIATY.PK) automakers with the average refund amount going to auto-related purchases tabulated to be more than $1,000. 4 Comments [Consumer]
Wednesday, April 10, 7:44 AM Chrysler (FIATY.PK) recalls 214K vehicles in the U.S. to address a variety of issues, according to new filings with the NHTSA. The recalls include 2013 Ram models. Comment! [Consumer, Global & FX]
Tuesday, April 9, 7:21 AM Fiat (FIATY.PK) CEO Sergio Marchionne doesn't think the automaker will need to increase its 2013 targets. It's a bit of good news for the automaker with the latest report (March -10.2%) on auto sales in Europe not showing much relief for the sector. Comment! [Consumer, Global & FX]
Thursday, April 4, 6:58 AM Chrysler (FIATY.PK) purchases a 531-acre testing site near the Everglades in Florida where it will conduct expansive vehicle testing. The deal price is undisclosed. The automaker is coming off a strong performance in the U.S. during March, although its pace of sales growth was below that of Ford and GM. Comment! [Consumer, Global & FX]