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Are Hurricanes Good Or Bad News For The Auto Industry?
Monday, September 11, 2017 - 10:59am | 612At first glance, the slew of storms striking the Gulf and southeast appears wholly adverse to the auto industry. Local drivers suffer vehicle destruction and elevated gas prices. Fuel stations service fewer visitors. Resale consumers are duped into purchasing flood vehicles. Insurance firms see a...
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Autos In A Technical Ditch Heading Into Q1 Earnings
Thursday, April 20, 2017 - 8:29am | 328For technical traders, the charts of auto giants Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) are far from inspiring heading into Q1 earnings season. Ford stock recently traded to the low end of a wedge pattern it has been stuck in for the better part of two years. The stock...
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Automakers Shift Lanes As Disruptive Technologies Take Over
Tuesday, January 31, 2017 - 4:57pm | 1482It is the battle of tradition versus the modern, which possess disruptive potential. Traditional automakers such as General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Fiat Chrysler Automobiles NV (NYSE: FCAU) and Toyota Motor Corp (ADR) (NYSE: TM) are facing stiff...
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As Gas And Rates Go Up, The Auto Industry Is Still Riding High
Thursday, December 29, 2016 - 11:51am | 844With production down, gas prices rising and most consumer sales looking pretty dismal, the end of 2016 may seem like slim pickings for car dealers and automobile companies. However, according to Michelle Krebs, senior analyst with AutoTrader, December may end up capping off a year nearly on par...
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The Auto Industry Has An Affordability Issue
Tuesday, November 1, 2016 - 6:32am | 512In 2015, automakers sold a record 17.5 million cars and light trucks in the US. Unfortunately for auto investors, the days of record sales may have come to an end. Michelle Krebs, senior analyst at Auto Trader, joined PreMarket Prep on Monday to explain the pricing problem the auto industry is...
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How Far Along Is Ford's Autonomous Driving Plan Vs. Other Automakers?
Tuesday, August 16, 2016 - 4:12pm | 714Ford Motor Company (NYSE: F) announced plans to have a fleet of fully autonomous vehicles on the streets by 2021. Ride-hailing and ride-sharing companies like Uber and Lyft will be among the first to gain access to these long-awaited tech wonders. Individual customers will have to wait at least...
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Is This New Lincoln Navigator Concept A Game-Changer? Not Quite
Wednesday, March 23, 2016 - 4:30pm | 381Lincoln Motor, the luxury auto brand of Ford Motor Company (NYSE: F), unveiled a new Navigator Concept at the New York Auto Show. A press release issued by Lincoln said the new Navigator features gullwing doors (similar to Tesla Motor Inc (NASDAQ: TSLA)'s Model X) and concertina steps for...
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Senior Auto Expert: Car Credit Bubble Not A Worry, Sales Could Match 2015 Numbers
Thursday, January 28, 2016 - 2:41pm | 352Certain auto loan numbers are stirring fear of a credit bubble. Earlier this month, Benzinga reported on Morgan Stanley analyst Adam Jonas' comment that the auto industry is in its largest loan bubble ever. AutoTrader senior analyst Michelle Krebs discounted worries of an auto credit...
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Is Ford Set For A Big Holiday Season?
Wednesday, November 4, 2015 - 11:51am | 494Despite strong October sales numbers, Ford Motor Company (NYSE: F) fell short of peers. News of Ford’s end-of-year sale leaked in late October, and buyers likely delayed purchases as a result. The delayed purchases could drive Fords November/December sales even higher. Despite...
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BMW Reports Lackluster Earnings Amid Slowing China, Changing Product Focus
Tuesday, August 4, 2015 - 1:27pm | 498July was an overwhelmingly positive month for automakers. As companies released U.S. sales figures on Monday, widely expanded revenues and margins seemed to be the theme of the day. But not everyone was joining in on the fun. BMW was one of the weaker performers, with only a 2.1 sales increase...
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Analysts Weigh In On JD Power Auto Quality Report
Thursday, June 18, 2015 - 4:18pm | 876JD Power released its annual Auto Quality report on Wednesday, with Korean brands extending their quality gap over other manufacturers. Meanwhile, Japanese makes, which have been traditionally renowned for their reliability, slumped to a 29-year low. JD Power measures quality by looking at the...
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May U.S. Auto Sales Are On Deck. What's Coming?
Monday, June 1, 2015 - 4:17pm | 394Automakers will be releasing their sales figures for the month of May this Tuesday, and investors should expect above-average volatility in the automotive industry. Forecasts call for a seasonally adjusted selling rate of 17.3 million vehicles within the United States, which would mark the...
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5 Auto Stories Analysts Are Watching In 2015
Tuesday, January 6, 2015 - 10:00am | 907Automakers saw another great year for new-car sales in 2014. Full-year sales are expected to come in around 16.5 million vehicles, taking the market back up to pre-recession levels. But now it’s time to look forward to the coming year for the auto sector. On a conference call Monday...
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AutoTrader.com Senior Analyst Michelle Krebs On General Motors November Sales: 'Strong Across The Board'
Tuesday, December 2, 2014 - 3:24pm | 111Speaking on a conference call Tuesday morning, AutoTrader.com Senior Analyst Michelle Krebs said that General Motors Company (NYSE: GM) sales for the month of November look “strong across the board.” She explained that low gas prices had a large impact when looking at sales of...
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AutoTrader.com Senior Analyst Michelle Krebs Says December Will Be A 'Huge' Month For Luxury Cars
Tuesday, December 2, 2014 - 3:04pm | 59Autotrader.com Senior Analyst Michelle Krebs said on a conference call Tuesday morning that automotive shopping patterns for the third quarter show the luxury car market is “booming.” She explained that December is a “huge” luxury car month, especially if third-quarter...