SA News • Fri, Jan. 16
Fri, Jan. 16, 7:16 AM| Comment!
Tue, Jan. 6, 8:20 AM
- The spinoff of Ferrari could give Fiat Chrysler Automobiles (NYSE:FCAU) enough breathing room to seek a merger partner, according to auto industry analysts.
- The rising cost of developing clean cars in Europe and the U.S. sets the stage for automakers to join forces through mergers and extended partnerships.
- "Eventually it must happen," notes FCA chief Sergio Marchionne on the topic of mega-mergers.
- No company is too big to be ruled out of the merger discussions due to the benefits of scaling investment costs and matching strengths/weaknesses in Europe, Latin America, China, and the U.S, note insiders.
- Automakers: GM, F, TM, FCAU, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:FUJHY, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM, KNDI. OTCPK:SZKMY, OTCPK:MZDAY.
Fri, Jan. 2, 9:04 AM
- Automobile prices in India are set to increase as much as 6% after the government decides not to extend a tax break for manufacturers.
- Execs with several automakers have already weighed in on the development, saying the higher tax will be passed on to consumes.
- The development is expected to cut into demand in the short-term for an industry which was starting to gain traction.
- Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY, OTC:RNSDF.
Dec. 28, 2014, 12:40 PM
- Germany plans to build out the network of charging stations for battery-powered cars in the nation as it looks to stoke growth in the EV industry, according to Reuters.
- The government has a goal of having a million electric cars on the road by 2020.
- EV sellers in Germany: OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:DDAIF, OTCPK:MMTOF, TSLA, OTCPK:NSANY, OTC:RNSDF.
Dec. 19, 2014, 2:17 PM
- The age of connected cars appears closer with Google pushing forward with its next-gen Android M software designed to be integrated into automobiles.
- The industry has a bit of an uneasy relationship with Google, despite the company's open-source approach to the technology.
- Though most major automakers collaborate with Google through the Open Automotive Alliance - which aims for a common platform to drive innovation - the self-driving car initiative of Google and their own infotainment ambitions keep them wary.
- Analysts originally forecast vehicle-to-vehicle communication would be part of the connected car concept and be integrated into some models by 2016, although that timetable now appears unlikely.
- What to watch: Before any major breakthrough occurs, the DOT needs to weigh in on next-gen connected cars. That gets trickier with safety and security concerns teed up again after the high-profile GM recall debacle and crippling Sony hacking incident.
- Automaker stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM, OTCPK:MMTOF, OTCPK:SZKMY, OTCPK:FUJHY, OTC:RNSDF, OTCPK:GELYF, FCAU.
Dec. 18, 2014, 9:14 AM
- General Motors (NYSE:GM) suspends making deliveries to Russia due to the volatile situation with the ruble exchange rate.
- The company operates in the region through Opel-division GM Russia.
- Jaguar Land Rover (NYSE:TTM) and Audi (OTCQX:VLKAY) have also halted sales in the nation in reaction to the currency crisis.
- The above automakers - along with BMW (OTCPK:BAMXY), Daimler (OTCPK:DDAIF), Hyundai (OTC:HYMLF), and Renault (OTC:RNSDF) - face large hits in Q4 due to exposure to the Russian currency.
- Some estimates on ruble losses range over the $100M mark.
Dec. 16, 2014, 7:04 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, 7:26 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%.
Oct. 8, 2014, 7:50 AM
- Fiat (OTCPK:FIATY) CEO Sergio Marchionne thinks there is room in the industry for a merger to create an automaker bigger than Toyota.
- Marchionne might be the man for the job after helping guiding the acquisition of Chrysler from Daimler and pushing Fiat through a complicated transaction to create Fiat Chrysler Automotive (NYSEARCA:FCA).
- Morningstar analyst Richard Hilgert agrees that the auto industry may see more M&A activity due to the needed economies of scale to compete.
- Automaker stocks: GM, F, TM, OTCPK:FIATY, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTC:KIMTF, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM, OTCPK:SZKMY.
Oct. 3, 2014, 6:18 AM
- Daimler (OTCPK:DDAIF) and Renault-Nissan are extending their manufacturing alliance to include engines and gearboxes.
- "This relationship is in its fifth year. Progress has gone well beyond our initial expectations," says Renault-Nissan CEO Carlos Ghosn.
- Renault (OTC:RNSDF) will now supply Daimler with a 1.5 liter four cylinder diesel engine for use in its Mercedes-Benz C-Class. Mercedes in turn will supply its 2 liter four cylinder gasoline engine for use by Nissan's (OTCPK:NSANY) premium brand Infiniti.
- Nissan has also been granted a license to make Daimler's 9-speed automatic transmission for use in Infiniti vehicles.
Sep. 24, 2014, 10:47 AM
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%.
Sep. 15, 2014, 5:17 AM
- After setting out to be a leader in battery manufacturing, Nissan (OTCPK:NSANY) is preparing to cut production, reversing its previous stance toward electric car manufacturing.
- The move would see Nissan following alliance partner Renault (OTC:RNSDF) by purchasing cheaper batteries from South Korea. Nissan currently makes all its own electric car batteries.
- The financial hit for Nissan will depend on what else can be done with the plants, with hefty charges likely if facilities are closed.
Aug. 29, 2014, 10:27 AM
- Global auto sales rose 1.5% in July to 6.87M units.
- A strong month in China and India helped offset weakness in Japan, Brazil, and Russia.
- YTD sales are up 2.6% Y/Y to 50.2M units through July, paced by strong demand in North America and Asia.
- What to watch: South America continues to see its market share for global auto sales slide. The region could see automakers pull back further on capacity and investments due to the slump.
- Automakers: GM, F, TM, OTCPK:FIATY, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTC:KIMTF, OTCPK:MMTOF, OTCPK:PEUGF, OTC:RNSDF, TTM
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