Automobile Industry 02 (Oct 15 - Dec 24)

Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Tue Apr 18, 2017 9:19 am

The Wealth Effect: Luxury Car Sales Are Up

By Tim Parker

With prices starting around $250,000, has seen a 42% jump in sales to nearly 300 vehicles.


Source: TTR

http://www.thetradingreport.com/2017/04 ... es-are-up/
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US - Economic Data & News 09 (Sep 16 - Dec 17)

Postby behappyalways » Fri May 26, 2017 11:45 am

Sloppy Subprime Loans Will Deepen Auto Woes
https://www.bloomberg.com/gadfly/articl ... akers-woes
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Sat Jun 17, 2017 10:22 am

After seven straight years of growth, U.S. auto sales have declined in each of the first five months of 2017 (from the same period a year ago).

Source: Forbes
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Fri Jul 07, 2017 8:01 am

The coming ‘Carmageddon’

by David Stockman

Source: Bubble Finance Trader

http://thecrux.com/the-coming-carmageddon/
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Fri Jul 07, 2017 8:01 am

The coming ‘Carmageddon’

by David Stockman

Source: Bubble Finance Trader

http://thecrux.com/the-coming-carmageddon/
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Wed Aug 02, 2017 7:54 am

The U.S. auto market is slumping worse than expected

Source: Bloomberg

http://thecrux.com/u-s-auto-market-slump-persists/
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Wed Aug 23, 2017 7:42 am

Used-car prices are falling faster and faster…

by Justin Brill

The average auto loan today is for 65 months (five years), and 20% of all auto loans are now for durations between 73 and 84 months.

Likewise, the average amount of these loans (more than $26,000) is the largest ever recorded.

And finally, the percentage of subprime borrowers is now at a record high – 27% of all car borrowers. That’s almost double the amount of subprime borrowers that were in the car market back in 2009.

Americans currently owe more than $800 billion against their cars and trucks – 34% of this debt is owed by subprime credits. Another 10% is owed by “deep subprime” – folks with credit scores below 550…


Today’s flood of used cars is being driven by the 3.5 million 2014 vehicles coming “off lease” this year. But there are another 4 million 2015 vehicles coming to the market next year… and a record 4.5 million 2016 models coming in 2019.


Source: Stansberry Digest

http://thecrux.com/used-car-prices-are- ... neck-pace/
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Sun Sep 10, 2017 8:30 am

Why Beijing’s plan to stop producing petrol and diesel cars could be a game-changer for the industry?

Authorities study timetable to put brakes on fossil-fuel vehicles in race to cut emissions and pollution

Source: SCMP

http://www.scmp.com/news/china/policies ... -fuel-cars
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Sun Sep 10, 2017 8:30 am

Why Beijing’s plan to stop producing petrol and diesel cars could be a game-changer for the industry?

Authorities study timetable to put brakes on fossil-fuel vehicles in race to cut emissions and pollution

Source: SCMP

http://www.scmp.com/news/china/policies ... -fuel-cars
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Thu Sep 21, 2017 8:51 am

Three Companies That Will Benefit From Hurricane Recovery

Here are three stocks that will benefit from this situation.

Even more remarkable was the projected number of cars completely ruined by the floodwaters. Again, in just the Houston area, which is heavily auto-dependent, the total could be over 1 million vehicles.


Source: Street Authority

http://www.thetradingreport.com/2017/09 ... -recovery/
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