July 2018 US Automotive Sales: Profitability Becomes a Distant Dream
US SAAR for July 2018 came in at 16.77 million being flat to July 2017 compared to 17.47 million for May 2018Overall Industry incentives went up...
257 Views
Denso Revises Earnings Guidance Upwards Despite Failing to Meet Market Expectations in 1Q
Denso Corp (6902 JP) has continued its strong revenue growth, achieving almost 13% YoY growth during 1QFY03/19 outpacing consensus estimates by...
358 Views
July U.S. Auto Demand: Weak SAAR Suggests 4th of July Benefits Were Taken in June
July SAAR of 16.77m units came within range of the 16.7m average SAAR we are expecting in 3Q18 (see Global Auto Demand Tracker: U.S. SAAR Looks Set...
380 Views
Nissan Motor--Quick Impressions Post-Q1 Conference Call: Lots of Questions Remain
Nissan reported Q1FY3/19 OP of Y109bn which was only -2% below consensus estimates of Y111bn, but pre-tax profit (PTP) of Y160bn was +6% higher...
478 Views
Panasonic (6752)--A Global Mega-Automotive Supplier & Perfect Hedge Against a Tesla Short
Panasonic Under-Performs both Topix & Tesla: Panasonic has under-performed both the Topix index by -9% but also Tesla's share price by -12%...
382 Views