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5 Earnings Season Takeaways For Auto Investors
Wednesday, August 14, 2019 - 12:44pm | 587Strong sales in the U.S., especially in trucks, and a return to strength for an American icon, are among the big auto industry takeaways highlighted by Bank of America in a look at auto sector OEMs after the earnings season. Here’s a look at five takeaways from earnings season on the auto...
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Citi: GM Truck Story Strong And Underappreciated
Friday, August 2, 2019 - 1:29pm | 299General Motors Company (NYSE: GM) turned in mixed results in the second quarter, and investors were lukewarm on the automaker, but one sell-side analyst said Friday GM’s pickup truck story is unique and set for more success - but isn’t well understood. The Analyst Citi Research analyst...
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FreightWaves NOW: Car Load Volumes Are Up
Wednesday, July 31, 2019 - 4:27pm | 55Chief Insight Officer Dean Croke breaks down the intermodal market and how some areas if it are trending upward. While market expert Seth Holm gives us an update on Q2 earnings.
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A Look At Tata Motors Through Benzinga's Securities Lending Volatility Index
Thursday, May 9, 2019 - 10:49am | 515Benzinga’s Securities Lending Volatility Index (SLVX) Powered by Tidal Markets, is an indicator that forecasts stock market activity for broader indices and individual securities. To demonstrate the use of the SLVX as a stock market indicator, we show how changes in the SLVX predicted a -5....
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Industry Turns To Exoskeletons To Boost Worker Productivity
Thursday, January 17, 2019 - 6:16pm | 889A growing number of factories, warehouses, and construction sites are integrating unpowered exoskeleton devices into their operations. Workers and companies using these devices are expected to benefit from increased safety and productivity. Exoskeletons are wearable devices that work in tandem with...
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This Fidelity Fund Rolls Along With The Auto Industry
Monday, December 8, 2014 - 1:15pm | 457Automaker stocks were on the move last week on the news of November vehicle sales. General Motors Company (NYSE: GM) and Chrysler Group LLC notched outstanding November sales numbers in the U.S., while Ford Motor Company (NYSE: F) posted a year-over-year decline. Ford's sales drop was...
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It's Official: Mark Fields Will Replace 'The Man Who Saved Ford'
Thursday, May 1, 2014 - 2:07pm | 636A changing of the guard at Ford (NYSE: F). On Thursday, the auto-maker announced Alan Mulally will step down as CEO on July 1, about six months earlier than anticipated – and will be replaced in that position by Ford COO Mark Fields. Mulally, a former top executive at Boeing (NYSE: BA), has...
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KBB: Vehicle Sales On The 'Cusp' Of Returning To Pre-Recession Levels
Monday, January 13, 2014 - 9:24am | 679It's been a long and very troubled ride in recent years for the auto industry, especially in the United States. But when Kelley Blue Book briefed the media on Sunday in Detroit, just hours before the start of the 2014 North American International Auto Show (NAIAS), their data and projections...
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Ford Expected to Unveil Aluminum-Bodied F-150
Wednesday, December 25, 2013 - 1:38pm | 665It appears what's been rumored for the past several months is indeed about to come to pass; that Ford (NYSE: F) is preparing to unveil an aluminum-body version of its best-selling F-150 pickup truck next month at the Detroit Auto Show. Back in July, Motor Trend said Ford was “on a mission to...
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General Motors Ends Government Bailout, Announces First Female CEO
Tuesday, December 10, 2013 - 11:05am | 825It's turning into an historic week for General Motors (NYSE: GM) – as the nation's largest automaker ended its controversial government bailout, and has named its first female CEO. On Monday, the U.S. Treasury announced it had sold all of its remaining shares in GM common stock, as the...
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Toyota Says It Is Modifying the Camry After Crash-Test Results
Friday, December 6, 2013 - 4:13pm | 856It's a bit of a shock to read the Consumer Reports review of the 2014 Toyota (NYSE: TM) Camry. The review starts by calling the car “refined, comfortable and roomy,” continues by praising its responsive handling an impressive powertrain – but then abrupty ends with, “We can no longer recommend...
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3 Reasons Every Family Office Should Own Shares of ArcelorMittal
Tuesday, December 3, 2013 - 4:43pm | 465ArcelorMittal (NYSE: MT) is the world's largest steel company, and it is a mess. It expanded at the worst possible time and its shareholders have paid the price. The company's stock plunged during the Great Recession -- from over $100 in June 2008 to under $18 now. It has started to recover, up...
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Which is the Better Investment: Honda vs. Toyota
Wednesday, November 13, 2013 - 5:12pm | 636The automotive business is among the most competitive in any industrial sector -- and while there will probably always be a rivalry between brands like Ford and Chevy, BMW and Mercedes-Benz and Ferrari and Porsche, those rivalries are typically based on the performance of their products. But...
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Report: Auto Industry Must Look Beyond 'BRIC' Nations to New, Emerging Markets
Wednesday, October 23, 2013 - 2:33pm | 524Think there are no investment worlds left to conquer? A major global management group suggests you think outside of the box – or more specifically, beyond the BRICs – especially when it comes to rising automotive markets. A report released Tuesday by The Boston Consulting Group says what it...
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Can General Motors Poach Tesla Consumers With The Cadillac ELR? (GM, TSLA)
Monday, October 14, 2013 - 1:24pm | 678Hot on the heels of its 2015 Escalade debut, Cadillac continues to loudly beat the marketing drum; this time by announcing its entry into the luxury plug-in hybrid market with the Cadillac ELR. Sales will begin in January of what the company calls an “electrified luxury coupe.” The ELR is not...