Dec. 16, 2014, 6:49 AM| Comment!
Nov. 28, 2014, 7:35 AM
- The European Commission is expected to disclose in December more details on future emissions targets for cars sold in the European Union.
- Many experts see the EC setting a CO2 emissions target of 75 grams/km for automakers to achieve by 2030.
- A 95 grams/km target by 2021 has already been set.
- Related stocks: OTCQX:VLKAY, OTCPK:BAMXY, OTCPK:PEUGY, GM, F, TM, OTC:RNSDF.
Nov. 18, 2014, 7:21 AM| Comment!
Oct. 17, 2014, 7:40 AM
- Automobile registrations rose 6.4% to 1.235M vehicles in September, according to the European Automobile Manufacturers Association.
- A strong rate of growth was seen across European Union nations.
- The month included an extra selling day compared to a year ago.
- Sales growth by automaker: Volkswagen (OTCQX:VLKAY) +6.7%, Peugeot (OTCPK:PEUGY) +9.8%, Fiat (NYSE:FCAU) +6.1%, General Motors (NYSE:GM) -5.9, Renault (OTC:RNSDF) +10.7, Daimler (OTCPK:DDAIF) +5.2%, Toyota (NYSE:TM) +0.4%, Ford (NYSE:F) +6.7%, BMW (OTCPK:BAMXY) -1.0%, Nissan (OTCPK:NSANY) +16.9%, Hyundai (OTC:HYMLF) +6.3%, Mazda (OTCPK:MZDAY) +26.4%, Subaru (OTCPK:FUJHY) +8.5%, Jaguar Land Rover (NYSE:TTM) +3.9%.
Sep. 17, 2014, 7:36 AM
- Automobile registrations increased 1.8% to 701K vehicles in August, according to the European Automobile Manufacturers Association.
- The rate of monthly growth is the slowest of the year.
- Sales declined slightly during the month in Germany, France, and Italy.
- Sales growth by automaker: Volkswagen (OTCQX:VLKAY) +9.4%, Peugeot (OTCPK:PEUGY) +1.9%, Fiat (OTCPK:FIATY) -2.8%, General Motors (NYSE:GM) -14.7%, Renault (OTC:RNSDF) -3.1%, Daimler (OTCPK:DDAIF) -5.3%, Toyota (NYSE:TM) -6.2%, Ford (NYSE:F) +17.4%, BMW (OTCPK:BAMXY) -1.4%, Fiat (OTCPK:FIATY) -2.8%, Nissan (OTCPK:NSANY) +1.6%, Hyundai (OTC:HYMLF) +2.0%.
Jun. 17, 2014, 8:08 AM
- European car registrations rose 4.5% in May to 1.13M units to mark the 9th consecutive month of a year-over-year sales gain.
- All the EU nations showed positive growth during the month with the exception of Italy which saw a 3.8% falloff.
- Sales growth by automaker: Volkswagen (VLKAY) +9.6%, Peugeot (PEUGY) +4.3%, Fiat (FIATY) +5.6%, General Motors (GM) -6.8%, Renault (RNSDF) +18.8%, Daimler (DDAIF) +3.6%, Toyota (TM) +3.4%, Ford (F) -2.0%, BMW (BAMXY) -2.2%, Fiat (FIATY) -2.7%, Nissan (NSANY) +10.7%, Hyundai (HYMLF) -2.7%.
Jun. 13, 2014, 11:41 AM
- European Automobile Manufacturers’ Association President Carlos Ghosn calls on EU policy makers to allow the industry the flexibility to innovate.
- The Renault CEO says the EU needs to be "technology-neutral" as well as remove non-tariff barriers and invoke regulatory cooperation.
- European automakers (PEUGY, VLKAY, DDAIF, RNSDF, BAMXY) have argued in the past that strict EU regulations have kept them stuck in neutral.
Jun. 4, 2014, 7:27 AM
- Major automakers in Europe are using a heavy dose of incentives to push up car sales.
- Barclays estimates averages discounts at Peugeot (PEUGY) and Citroen were at 24%, while Opel (GM) was even higher at 25%.
- Government subsidy programs in Spain and Germany are also artificially boosting demand in those markets.
- The concern of industry watchers is that excessive production capacity could be revealed if incentives and subsidies are peeled away in key markets.
May. 16, 2014, 8:13 AM
- European car registrations increased 4.6% in April, according to the European Automobile Manufacturers Association.
- The U.K. showed strong growth with a 8.2% gain, while registrations in Germany fell back 3.6%. Registration in Spain soared 29% off of a soft-as-butter comparable.
- Brand growth: Volkswagen (VLKAY) +4.4% to 287.9K; PSA Group (PEUGY) +5.2% to 122.2K; Renault (RNSDF) +16.1% to 107.6K; General Motors (GM) -5.2% to 75K; Ford (F) +9.1% to 82.7K; Fiat/Chrysler (FIATY) +1.8% to 68.1K; BMW (BAMXY) +0.5% to 64.2K; Daimler (DDAIF) +0.5% to 60.9K; Toyota (TM) +4.8% to 43.1K; Nissan (NSANY) +22.1% to 36.6K.
- ACEA data (.pdf)
May. 15, 2014, 10:14 AM| Comment!
May. 2, 2014, 8:35 AM
- Total vehicle registrations in France increased 6% to 166,968 in April, according to the Comité des Constructeurs Français d'Automobiles.
- Last month, sales in the nation rose 9% after declining in both January and February.
- Sales by manufacturer: Citroen Peugeot (PEUGY) +9.9% to 28,239; Renault (RNSDF) +11% to 31,578; Foreign brands +0.2% to 73,922.
Apr. 14, 2014, 7:46 AM
- Peugeot (PEUGY) plans to cut the number of models it sells in half in a bid to improve margins.
- CEO Carlos Tavares thinks the French automaker can improve its operating margin to 2% by 2018 and as high as 5% sometime between 2019 and 2023.
- Despite the sharp cut in models, Peugeot still plans to grow aggressively in China with the help of partner Dongfeng Motor.
Mar. 18, 2014, 2:07 PM
Mar. 18, 2014, 7:42 AM
- Automobile sales in Europe rose 7.6% in February, according to the European Automobile Manufacturers' Association.
- France was the only major market to show a decline in sales during the month.
- Though sales momentum was strong across brands, analysts warn that the level of discounting was high enough to cut into profits in the sector.
- Sales growth by automaker: Volkswagen (VLKAY) +8%, Peugeot (PEUGY) +3.6%, Fiat (FIATY) +5.6%, General Motors (GM) +12.6%, Renault (RNSDF) +11.7%, Daimler (DDAIF) +3.9%, Toyota (TM) +6.2%.
Mar. 5, 2014, 1:45 PM| Comment!
Feb. 19, 2014, 3:48 PM| Comment!
Peugeot is a holding company. Through its subsidiaries, Co. is engaged in the production of Peugeot and Citroen automobiles, as well as other vehicles. In addition to automobile manufacturing, Co.'s operating subsidiaries include Faurecia, which manufactures automotive equipment. Gefco, which... More
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