Despite European weakness, we expect Daimler AG to benefit from global new vehicle demand.
China's luxury market is becoming more competitive than in the past.Environmental laws are becoming stricter, which will make cars more expensive to produce and more expensive for consumers to buy.Rising stars in luxury such as Audi may steal younger consumers from Mercedes-Benz.The auto industry
Every major automobile player in the world is set to enter the Indian automobile market. Tata Motors will probably lose share as competition heats up.As India continues to grow, high inflation and high interest rates can stifle auto demand.Ford invested billions of dollars in Jaguar Land Rover and
The auto industry is very cyclical, and Detroit automakers have been losing U.S. market share to foreign automakers for years.Profitability will continue to be hindered by unions, which traditionally have wanted their share of the pie. The nonunionized import automakers in the U.S. do not have this
Nissan's NSANY second-quarter fiscal 2009 results showed improvement from the first quarter. We are leaving our fair value unchanged. A 23% sequential revenue increase along with more cost-cutting measures helped Nissan post a small profit of JPY 25.5 million. We also are encouraged to see ...
Toyota Motor Company TM reported a small second-quarter fiscal 2010 profit of JPY 21.8 million. The company also announced a dividend for the first half of fiscal 2010 of JPY 20 per share, down from JPY 65 in first half of fiscal 2009. We are leaving our fair value unchanged and expect Toyota's
Honda Motor Company HMC reported excellent fiscal 2010 second-quarter results Tuesday. We are leaving our fair value estimate unchanged, since we had been modeling improvement for some time. Although revenue for fiscal 2010 should still end up well below the prior year, it is a very good sign that