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Financials Sector Could Be In Focus Today As Treasury Yields Rise
Friday, March 26, 2021 - 10:00am | 1669As the last full trading week of the first quarter comes to a close, it seems we’re seeing a continuation of the quarter-end rebalancing that has contributed to the ping pong game between growth and cyclical stocks. In a familiar pattern, Nasdaq futures are lagging the other two main U.S....
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EV Updates 3/9/2021 – A Future In The Making
Tuesday, March 9, 2021 - 12:36pm | 1032Just over a decade ago, Nissan Motor Co (OTC: NSANY) became the first automaker to offer a mass-produced car that ran on batteries alone. Nissan LEAF was a milestone for electric mobility and it was a hit, at least by electric car standards, with more than 500,000 sold by the end of last year...
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GM-Backed Cruise's Self-Driving Robo-Taxi Revealed
Wednesday, January 22, 2020 - 7:08am | 366Cruise, the self-driving car start-up, in which General Motors Company (NYSE: GM) owns a majority state, revealed a prototype of its driverless robo-taxi on Tuesday. What Happened The robo-taxi called Cruise Origin is a “fully engineered vehicle that’s on its way to production,”...
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Auto Companies Crush July Expectations
Monday, August 3, 2015 - 3:32pm | 814A host of automotive companies released their U.S. sales figures for the month of July on Monday. Forecasts at the end of last month by JD Power and Kelley Blue Book both anticipated more than a 3 percent year-over-year increase and the highest sales total for the month in over a decade. The...
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General Motors CEO Says April Sales Will Mirror March
Friday, April 26, 2013 - 8:38am | 591General Motors(NYSE: GM) Chairman and CEO Dan Akerson told The Detroit News Wednesday he's expecting April auto sales to be about the same as those posted in March. Among Akerson’s concerns – low consumer confidence in the U.S. and weak sales and a weak economy in Europe. GM lost $1.8 billion...
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Stocks That May Be Affected By Japanese Earthquake: (SNE), (TM), (STRN), (HMC), (MTU)
Friday, March 11, 2011 - 11:34am | 143In early trading this morning companies that are based in Japan are down. Car manufactures Honda (NYSE: HMC) and Toyota (NYSE: TM) have been down as much as 2% this morning. Electronics maker Sony (NYSE: SNE) is trading 3% lower this morning. Japanese retail banking business group Mitsubishi is...
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Honda Motor Co. (HMC) Exports Down, Domestic Sales Up
Tuesday, February 23, 2010 - 7:26am | 89Honda Motor Co. (NYSE: HMC) announced that exports for the month of January were down 48% from the year before. European sales were the hardest hit, with a drop of 75.5%, while sales in Asia actually rose 7.9%. While exports dropped, domestic sales increased by 40%. Production was up, both in Japan...
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Honda (HMC) Passes Toyota (TM), Tops U.S. Auto Sales
Friday, February 19, 2010 - 8:32pm | 124Honda Motor Co. (NYSE: HMC) has benefited from the Toyota Motor Corporation (NYSE: TM) recall debacle by becoming the number one selling car brand in the U.S., according to a survey by TrueCar.com. Honda's market share climbeD to 13% over the last month. Toyota's market share collapsed from 17.5%...
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Toyota (TM) Lowers 2010 Vehicle Production Forecast
Monday, February 15, 2010 - 9:56pm | 161According to the Japanese Sankei Shimbun, Toyota Motor Corp. (NYSE: TM) will reduce its global vehicle production forecast by at least 100,000 this year. The reduction from 7.5 million vehicles down to 7.4 million vehicles does not include non Toyota brand subsidiaries like Hino Motors Ltd. The...
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Toyota (TM) To Announce Testing And Disclosure Changes
Monday, February 15, 2010 - 6:49pm | 292Toyota Motor Corp. (NYSE: TM) will host a news conference at the auto manufacturer's Tokyo office to announce plans to increase product testing and disclosure of changes being made to cars that are already on the market. One of the issues Toyota Motor Corp. is looking into is how an operational...
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AutoNation (AN) CEO Says Toyota's (TM) Loss Is Rivals' Gain
Saturday, February 13, 2010 - 11:15pm | 182The head of America's largest auto retailer said that the recent recall troubles of Toyota Motor Corp. (NYSE: TM) are a chance for American car makers Ford Motor Co. (NYSE: F) and General Motors to convince consumers that American vehicles are as reliable as Toyota's. Mike Jackson is the the CEO of...
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Honda Motor Co. (HMC) Recall Expands To Over 900,000 Vehicles
Wednesday, February 10, 2010 - 12:20am | 194For once, it isn't Toyota Motor Corp. (NYSE: TM) issuing a recall over safety concerns. Honda Motor Co., Ltd. (NYSE: HMC) announced on Wednesday in Asia that the automaker would expand a recall of 2001 and 2002 models to more than 900,000 vehicles worldwide. Since 2008, Honda had issued recalls...