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Jackls

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  • Tata Motors Presents A Good Worldwide Manufacturing Play [View article]
    Richard, nicely done, Jack
    May 24 10:42 AM | Likes Like |Link to Comment
  • May Auto Sales Good Enough For Sirius XM [View article]
    Well done!
    May 20 07:55 AM | Likes Like |Link to Comment
  • March 2013 Car Sales: Juiced By Low-Interest Loans? [View article]
    Marty,

    Well done. I'm convinced low interest rates and increased availability of leasing are two of the most important reasons behind the increase in auto sales. I just hope the level of repos doesn't increase too much.

    Jack Sayer
    Apr 3 12:48 PM | Likes Like |Link to Comment
  • How To Ride A Rebound In The Automobile Industry [View article]
    Good take on March auto sales.
    Apr 3 11:52 AM | Likes Like |Link to Comment
  • 1 Million Sirius XM Equipped Cars To Hit The Road In March [View article]
    Article and comments all very well done.
    Mar 21 10:54 AM | Likes Like |Link to Comment
  • Time To Replace Replacement Auto Parts Maker Dorman Products [View article]
    Nicely done!
    Jan 1 10:57 AM | Likes Like |Link to Comment
  • AutoNation (AN -1.2%) CEO Mike Jackson throws a bit of a scare across the automobile industry by telling CNBC (video) a fiscal cliff stalemate could strike the sector during the last ten days of the year when selling is typically high. After a good run in 2012, will the ongoing impact from Hurricane Sandy and muted consumer demand due to political tension spur a disappointing Q4 for automakers in the U.S.? [View news story]
    I agree with "Tdot." If sales decline, he can say "I told you so!" I they increase? Well, its hard to agrue with improvement.
    Nov 12 11:05 AM | Likes Like |Link to Comment
  • A deal by General Motors (GM -0.5%) to sponsor soccer juggernaut Manchester United will include seeing brand Chevrolet displayed front and center on the team's jerseys starting in the 2014/2015 season. The club has only seen four other jersey sponsors in its storied history covering 134 years. [View news story]
    Mad Max, interesting comments. Just read Automotive News' comments on the deal. Seems GM not only is standing by the deal Ewanick made, but is extending it from five years to seven years! And I thought that might have been why he was fired! Go figure.
    Jul 30 03:58 PM | Likes Like |Link to Comment
  • CarMax's CEO Discusses Q4 2012 Results - Earnings Call Transcript [View article]
    CarMax did a nice job in fiscal 2012. And, when we look at the average age of vehicles currently being driven at over ten years (10.4, a record) this clearly says CarMax is dialed in on a booming market. And, with over 35% of new car buyers indicating they intend to keep their vehicle over ten years, CarMax should be strong for at least the next few years. Also, the significant increase in extended warranty sales by new car dealers should ensure that CarMax will be buying cars on the used car market in significantly better condition than in the past. And, last, but not least, consumers no longer consider a used car as "damaged goods." All of this speaks to continued growth for CarMax.
    Apr 5 03:39 PM | Likes Like |Link to Comment
  • The Rebound in Auto Sales Is Impressive [View article]
    On Nov 1, the most recent date for tracking inventories, GM dealers had a 76 day supply of vehicles, compared to 69 on October 1, Ford had 74 vs.. 72 in Oct. By comparison, Toyota had 59 days vs.. 53 and Honda had 69 vs.. 60 days. The industry came in at 66 days compared to 57 in October. A year ago, the industry was at 63 days, the lowest in the past several years.
    Dec 3 08:54 AM | Likes Like |Link to Comment
  • Volkswagen Group Is on a Roll [View article]
    Vlkay, nice take on VW. I agree completely. VW has shown they have their focus right on target. Jack.
    Dec 1 03:38 PM | Likes Like |Link to Comment
  • Detroit Uses Aid to "Open-Up" Auto Lending: Not Necessarily Good for GM [View article]
    Markam, remember, GMAC said they would "accept" applicants with scores of 621. The call-back on these applications usually have so many "stips" i.e: more $ down, shorter term, lower loan -to-value, etc. that the lender can protect themselves to some degree. "Accepting" the app is only the first step in the process.

    Apr 8 08:55 AM | 1 Like Like |Link to Comment
  • As Goes GM, So Goes U.S. Government Credit [View article]
    Beginning a year ago, auto leases became history. All of the Detroit 3 captive lenders pulled out of leasing or made qualifying criteria much more difficult, with many of the regional lenders following suit. And, by the way, at its height, leasing only accounted for 21% of new vehicle sales. Even high-end luxury buyers/lessors are holding on to their current vehicles longer.


    On Jan 04 08:21 AM casey00001 wrote:

    > Rakesh, you are forgetting one important factor. The majority of
    > cars are sold on a three year lease. When the lease is up, people
    > usually secure another car again on a three year lease. Now there
    > is credit available to do that. So your statement "the last thing
    > they are worried about at this juncture is a new automobile." doesn't
    > have any validity. When the lease is up they are going to get a new
    > car. That is how American's shop for cars now a days.
    Jan 4 11:09 AM | 3 Likes Like |Link to Comment
  • 8 Balance Sheet Accidents Waiting to Happen [View article]
    Right on w/PAG. Trouble looming!
    Dec 30 11:02 AM | Likes Like |Link to Comment
  • Toyota Raises Sales Forecast; Set To Topple GM [View article]
    Interesting how they have accomplished so much in such a relatively short time. Just twelve years ago Toyota had just one half of GM's global sales. And, they did it focusing on quality, not numbers.
    Dec 26 10:16 AM | Likes Like |Link to Comment
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