April China Auto Demand: Implied NEV SAAR Reaches Above 1.0m Units for the Second Time
China's passenger vehicle demand of 1.9m units was down 11.7% sequentially but up by 11.2% YoY in April according to CAAM's latest monthly data...
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Hyundai Mobis May 29 EGM Vote Counting Simulation
According to the Article 434 of the Commercial Act, Mobis needs 2/3 of the voting rights of the shareholders present at the May 29 shareholders...
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Mobis-Glovis Pair Trading Re/Preview
The price-appraisal right exercise price spread for both Mobis and Glovis has been reduced since Mar 30. In particular, Glovis' shares are now...
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Hyundai Motor Bull Break Points on a Weaker KRW
We have built a case for a stronger USD cycle rolling into Asian FX with the Korean Won next in line to inflect after the Singapore dollar. We are...
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April 2018 US Automotive Sales: Passenger Car Is Seeing a “Global Financial Crisis” Selling Rate
US SAAR for April 2018 came in at 17.17 mil vs. 17.04 million for April 2017 and 17.48 million for March 2018Most brands continued with their March...
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