Fuji Heavy Industries is engaged in the manufacture, repair and sale of automobiles, industrial equipment, airplanes and aerospace-related equipment, and various other machinery. Co.'s automobiles and industrial equipment are sold under Subaru brand and Robin brand. Co.'s principal products are... More
Tuesday, Mar 41:53 PM
Tuesday, Mar 41:53 PM| 2 Comments
- The overall tone at the Geneva Motor Show is positive as sales patterns in Europe have stabilized and even shown some pockets of strength. Perhaps the biggest question is if the sales gains are organic or the results of heavy discounting? Autohaus PulsSchlag reports price cuts of at least 10% at most major manufacturers.
- European automakers are downplaying the impact on sales in Russia from the ongoing conflict in Ukraine. Russia is Europe's second largest automobile market and is expected to pass Germany within a few years.
- Jeep unveiled its all-new 2015 Renegade compact crossover SUV. The model is unique in that it will feature seven different engine choices tailored to different global markets.
- BMW announced plans to build over ten new smaller models on its latest platform. The Mini Clubman concept has created a stir with analysts.
- New models from Ferrari, Lamborghini, and Maserati show that the ultra-wealthy haven't been forgotten by automakers at the show. Related stocks: GM, F, TM, FIATY, HMC, NSANY, TSLA, VLKAY, DDAIF, HYMLF, BAMXY, MMTOF, PEUGF, RNSDF, TTM, SZKMY, FUJHY, RNSDF.
Monday, Mar 311:29 AM
Tuesday, Feb 251:47 PM
Tuesday, Feb 251:47 PM| 24 Comments
- The Tesla Model S (TSLA) racked up the highest score ever recorded in the annual survey of car owners compiled by Consumer Reports.
- Other automobile brands which showed well in the survey were Subaru (FUJHY), Lexus (TM), and Acura (HMC) - while Ford F and Cadillac (GM) came in weak.
- Ford's poor performance was due to a large number of owners complaining about the Ford Sync and MyFord Touch in-car connectivity systems.
Tuesday, Feb 188:18 AM|Tuesday, Feb 188:18 AM| Comment!
Wednesday, Feb 129:19 AM
Wednesday, Feb 129:19 AM| Comment!
- Japanese automakers (NSANY, TM, HMC, MZDAY, SZKMY, FUJHY) are hearing from labor unions after several companies reported record profits for their recently-ended fiscal years.
- Auto workers are asking for the biggest level of bonuses of the last 15 years.
- The group goes into spring negotiations with the backing of the government on the issue.
Wednesday, Feb 59:20 AM|Wednesday, Feb 59:20 AM| 24 Comments
Tuesday, Feb 48:00 AM
Tuesday, Feb 48:00 AM| 44 Comments
- Federal regulators indicate they aim to require automakers (GM, F, TM, FIATY, HMC, NSANY, VLKAY, HYMLF, TSLA, FUJHY) to install technology that helps to warn drivers if a crash is imminent using data broadcast from other vehicles .
- Cars and trucks would be required to have special technology which would emit data through radio signals. The rate of accidents could be lowered by up to 80% through successful adoption of the program, according to the NHTSA.
- Privacy advocates oppose the technology while security experts warn hackers could be disruptive in the area.
- Implementation of the technology standard is expected to be at least a few years off.
Tuesday, Feb 47:34 AM|Tuesday, Feb 47:34 AM| Comment!
Monday, Feb 312:51 PM
Thursday, Jan 163:08 PM
Thursday, Jan 163:08 PM| 6 Comments
- Kelley Blue Book sees U.S. auto sales of 16.3M units this year to rep a growth rate of 4.9%. One of the biggest risks to the industry is a bump in interest rates to a level where buyers are pushed away from purchasing new cars. Industry watchers think the luxury sector (VLKAY, BAMXY, DDAIF) could see the sharpest impact as consumer previously willing to stretch trade down.
- Ford's (F) increased use of aluminum in the widely popular F-150 line will be in focus. Analysts think could consumer reaction could go either way. Rival truck makers like Ram (FIATY) are set to pounce if the aluminum concerns show any validity.
- Japanese automakers (NSANY, TM, HMC, MZDAY, SZKMY, FUJHY) are betting big on growth in the U.S. as tensions in China continue to crop up and clip sales from climbing to full potential .The group is seen as likely to use incentives and promotions in the U.S. to gain market share if sales momentum slows.
- Toyota vs Telsa: Top execs with the two automakers have dialed up the rhetoric on the use of hydrogen fuel cell cars despite being long-time partners. With the Toyota (TM) FCV and Tesla (TSLA +4.5%) Model X both slated for a 2015 launch, the remainder of this year could see the war of words escalate.
Tuesday, Jan 142:13 PM
Tuesday, Jan 142:13 PM| Comment!
- Subaru (FUJHY) unveiled the all-new WRX STI at the Detroit Auto Show to strong reviews.
- The model goes on sale in the U.S. in March to high expectations.
- Subaru has achieved the rare feat in the automobile industry of re-inventing itself, going from having a brand reputation for putting out bland vehicles to commanding premium pricing for sporty forward-thinking models.
- Sales of Subaru cars are starting to reach a level where the automaker is more than just a mild annoyance for GM, Ford, and Toyota.
Friday, Jan 109:26 AM
Friday, Jan 109:26 AM| 11 Comments
- The intersection of technology and the automobile industry was on full display this week at the Consumer Electronics Show where a record number of automakers presented.
- Though the sneak peek at the new gadgetry and the evolution of on-board systems was quite impressive, there's a bit of backlash building on privacy issues.
- As more mobile devices connect to cars, and Google's Open Automototive Alliance and GM's OnStar system evolve, hyper-local marketing could take off. It's a gray area with few legal precedents, note privacy advocates.
- A Ford exec probably got a little too fired up at CES earlier this week with this comment: "We know everyone who breaks the law, we know when you're doing it. We have GPS in your car, so we know what you're doing."
- Related stocks: GM, F, TM, FIATY, HMC, NSANY, TSLA, VLKAY, DDAIF, HYMLF, BAMXY, TTM, FUJHY.
Friday, Jan 31:43 PM
Tuesday, Dec 312013, 2:52 PM
Tuesday, Dec 312013, 2:52 PM| 16 Comments
- IHS Automotive is out with a forecast on self-driving cars which could prove to be provocative.
- The research firm thinks by the year 2035 close to 9% of all cars sold will be able to function without a human driver. The estimate is more aggressive than most covering the nascent technology.
- The anticipated benefits of autonomous cars include fewer accidents, less traffic congestion, and an easier way for the industry to keep emission pollution under control. Detractors say insurance liability and software concerns will plague growth rates
- What to watch: The engineers at Google X may have something to say about the direction of the self-driving car initiative. The company's purchase of Boston Dynamics, the advent of Google glasses, and the spins the company's early prototype has taken around Silicon Valley all point to more than a passing interest by the tech giant.
- Related stocks: GM, F, TM, FIATY, HMC, NSANY, TSLA, VLKAY, DDAIF, HYMLF, BAMXY, PEUGF, RNSDF, FUJHY.
Tuesday, Dec 312013, 8:10 AM
Tuesday, Dec 312013, 8:10 AM| 3 Comments
- A spokesperson for China's Foreign Ministry keeps a hard line on Japanese Prime Minister Shinzo Abe, saying Chinese leaders will not engage in dialogue with the leader and that he will not be welcome in the country anytime soon.
- The defiant tone from Beijing isn't any help to Japanese automakers (NSANY, TM, HMC, MZDAY, SZKMY, FUJHY) as they hope to avert the type of backlash by consumers against their brands which was seen last year.
- The danger to the group is real, according to China Car Times. "Animosity towards Japanese products has been lurking at the surface of the Chinese consumer market for some time, and usually boils over when political issues reach the headlines."
Sunday, Dec 292013, 4:13 AM
Sunday, Dec 292013, 4:13 AM| 1 Comment
- Japanese carmakers will reportedly increase production at the start of next year in order to meet what they expect will be higher demand ahead of a rise in sales tax in April.
- Toyota (TM) will boost output by 10%, while Honda (HMC), Mitsubishi (MMTOF) and Suzuki (SZKMY) will add extra days of production.
- Other Japanese auto stocks: NSANY, MZDAY, FUJHY