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By Canaccord Genuity Morning Coffee |
February 6, 2013
Toyota on Tuesday raised its full-year outlook, as it posted a 23% jump in net profit for the most recent quarter, buoyed by a favorable shift in foreign exchange rates and strong sales of its sedans and SUVs in North America.
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By Joe Richter, Bloomberg |
January 8, 2013
Demand for palladium, last quarter’s best-performing precious metal, is exceeding supply for a second consecutive year as mine production stagnates while sales by automakers, the biggest buyers, reach record highs.
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By Craig Trudell, Bloomberg |
January 2, 2013
U.S. light-vehicle sales probably rose in December to wrap up a three-year run unrivaled in almost four decades as consumers replaced cars and trucks that are, on average, the oldest ever on the nation’s roads.
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By Craig Trudell, Bloomberg |
December 3, 2012
Ford Motor Co. and Nissan Motor Co. reported November U.S. light-vehicle sales gains that exceeded estimates as the industry benefited from buyers returning to showrooms after Hurricane Sandy a month earlier.
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By Craig Trudell, Bloomberg |
October 2, 2012
Chrysler Group LLC reported a 12 percent increase in U.S. sales in September, bolstering Chief Executive Officer Sergio Marchionne’s view that the country’s economic recovery remains “quite strong.”
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By Craig Trudell, Christian Wuestner and Mathieu Rosemain , Bloomberg |
September 27, 2012
General Motors Co. said Europe’s car industry will remain unprofitable at current vehicle pricing levels, while Volkswagen AG said some competitors are at risk of going out of business without state aid.
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By Margaret Talev and Jennifer M. Freedman, Bloomberg |
September 17, 2012
The economy returned to the forefront of the presidential campaign as the U.S. today filed a challenge at the World Trade Organization accusing China of illegally subsidizing exports of automobiles and auto parts.
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By Canaccord Genuity Morning Coffee |
September 5, 2012
American automakers reported their August sales numbers, with gains topping expectations as auto sales continue a slow and steady recovery.
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By Craig Trudell, Bloomberg |
September 4, 2012
Chrysler Group LLC and Ford Motor Co. said U.S. sales rose more than analysts’ estimates in August as the automakers prepare new car models such as the Dodge Dart and Ford Fusion to build on gains earlier this year.
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By Canaccord Genuity Morning Coffee |
December 2, 2011
All three U.S. automakers saw their sales increase in November, helped by higher incentive spending headed into the holiday selling season
