HMG Restructuring Speculation: HMG Ordered Mobis/Glovis to Put Major Projects on Hold
The HMG restructuring speculation is widely spreading in Korea. This isn't only market speculation. Some of Korea's established news outlets are...
China Auto Market H1 Review- Decoupling of Auto Sales and Consumer Discretionary Consumption
A prolonged decline in new car sales obviously hurts China’s manufacturing sector and is a drag on GDP growth. But the data above does not imply a...
June U.S. Auto Demand: SAAR Stability Based on One Less Selling Day
June sales decline (-5.0% MoM, -2.8% YoY) was more pronounced than June's 17.28m unit SAAR (-0.7% MoM, -0.2% YoY) largely due to this year's June...
May U.S. Auto Demand: 17.4m Unit SAAR Reflects Rising Incentives over Memorial Day Weekend
Light Vehicle SAAR in May came in at 17.4m units (+6.1% MoM, +1.2% YoY) which was stronger than consensus expectations. YTD average SAAR remains...
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