Automobile Industry 02 (Oct 15 - Apr 23)

[winston]

Korean Batteries Makers Slump As China Suspends EV Subsidies

By Shuli Ren

China said electric buses that use nickel manganese cobalt and nickel manganese cobalt batteries will no longer receive central government subsidies.

Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... subsidies/

[winston]

AN UPDATE ON THE SUBPRIME AUTO COLLAPSE

Today's chart is a look at a bubble few people are talking about...

Stansberry Research founder Porter Stansberry has been warning readers about the problems facing the auto-loan market for months. Today, subprime lending – or loans to higher-risk borrowers – makes up nearly half of all auto loans.

In other words, far too many people are buying cars they can't afford. These loans will go bad. When they do, the industry will be completely devastated – every bit as bad as when the mortgage bubble popped.

To get an idea of just how bad this problem is, we turn to Santander Consumer USA (SC), one of the largest subprime auto-finance companies in the U.S. Santander lends money to people with no money and no credit.

As you might guess, these borrowers are having a hard time paying off their loans... and Santander lets its borrowers defer up to three of their monthly payments.

It's no surprise Santander is currently one of Porter's top-performing short recommendations. As you can see from the chart below, shares are getting clobbered.

The stock is down more than 60% over the past six months... and hit a new all-time low yesterday. It's the latest sign of the bubble Porter has been predicting, which will only get worse...

Source: Daily Wealth

[winston]

Automakers Toyota and Honda continue to struggle… both drop to 52-week lows.

[winston]

Gas Prices Are Falling — Why Aren’t These 3 Automakers Gaining? (F, FCAU, HMC)

Cheaper gas prices have failed to deliver for these automaker stocks

By Josh Enomoto

Source: Investor Place

http://investorplace.com/2016/02/gas-pr ... sVN-_J96M8

[winston]

CAAM: Jan Automobile Sales 2.5M Units, Up 7.7% YoY

According to the figures from China Association of Automobile Manufacturers (CAAM), China's production and sales of automobiles in January decreased on a monthly basis and maintained their growth on a yearly basis.

During the month, the automobile production was 2.452 million units, down 7.68% monthly but up 7.14% yearly.

The automobile sales amounted to 2.5006 million units, down 10.23% monthly but up 7.72% yearly.

Source: AAStocks Financial News

[behappyalways]

Google self-driving car hits a bus
http://www.bbc.com/news/technology-35692845

[winston]

When Will Electric Vehicles Become Cheaper Than Gasoline Cars?

By Shuli Ren

Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... line-cars/

[winston]

3 Automaker Stocks Still in the Driver’s Seat

Profit Scanner is picking up strong near-term signals from these stocks

Source: Profit Scanner



http://investorplace.com/2016/03/f-gm-t ... uQRh5x96M8

[winston]

It’s happening… Unpaid subprime car loans hit 20-year high

Source: Daily Crux

http://thecrux.com/unpaid-subprime-car- ... year-high/

[winston]

8 Slick Competitors for the Tesla Model 3

Which of these eight electric vehicles will reign supreme in 2016?

By Jeff Reeves

Source: Investor Place

http://investorplace.com/2016/03/tesla- ... ujzLPl96M8