Automobile Industry 02 (Oct 15 - Dec 24)

Car 02 (Jan 13 - Dec 17)

Postby behappyalways » Thu Oct 06, 2016 1:28 pm

A car for women? Cosmopolitan and SEAT under fire for new vehicle
http://edition.cnn.com/2016/09/22/autos ... index.html
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Wed Oct 12, 2016 8:39 am

Electric cars could dominate roads in wealthy cities by 2030

LONDON: Electric vehicles could account for two-thirds of all cars on the road by 2030 in wealthy cities such as London and Singapore due to stricter emissions regulation, falling technology costs and more consumer interest, research showed on Tuesday.

The cost of a lithium-ion battery pack fell 65 percent in 2015 to around $350 per kilowatt hour, from $1,000/KWh in 2010, and is expected to fall below $100/KWh over the next decade, a report by consultancy McKinsey & Co and Bloomberg New Energy Finance (BNEF) showed.


Gasoline retailers should also be considering further monetization of their current assets and how to get more value from electric charging, the retail market and fleet services.


Source: Reuters
http://www.thestar.com.my/business/busi ... s-by-2030/
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Mon Oct 17, 2016 3:20 pm

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CICC Expects China 4Q Passenger Cars Sales to Grow More Than 10%

CICC, in its report, said that the statistics for September automobile market topped estimates, with a yearly growth of 26.1% in sales to 2.564 million.

Of all vehicles sales, passenger cars reported 28.9% yearly growth in sales to 2.268 million, showing an accelerated growth than that of August.

The research house expects the growth of passenger cars in the fourth quarter of this year to surpass 10%.

Source: AAStocks Financial News
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Wed Nov 02, 2016 7:21 am

U.S. auto sales drop 6 percent despite discounts, GM off 1.7 percent

Source: Reuters

http://www.reuters.com/article/us-usa-a ... r%20Update
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Thu Nov 10, 2016 6:35 pm

A driverless future

It now seems obvious that driverless cars are inevitable within a few years.

However, it’s not just small road vehicles that will shift: trucks, tractors, trains, ships and airliners will follow.

This will result in large cost savings for commercial operators, which will open up new routes and services.

Paradoxically, the onset of driverless cars will mean that few people will own a car – as taxis will become cheaper, safer and more convenient than driving could ever be.

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

Postby winston » Thu Dec 01, 2016 1:42 pm

Tata Motors: What’s The Impact As China Slaps 10% Tax On Luxury Cars?

By Shuli Ren

Tata Motors‘ (500570.India/TTM) sales in China could be hurt by a new 10% consumption tax that will be levied from today on ultra-luxury cars priced at 1.3 million yuan ($189,000) or higher as part of Beijing’s moves to curb excessive consumption.

Most of Jaguar Land Rover‘s models are considered ultra-luxury in China. Kotak Securities‘ Hitesh Goel has the numbers:

Retail price for Range Rover’s 5.0L V8 SC AB SUV is 2.6 million yuan in China.

All Range Rover variants are priced higher than 1.3 mn yuan in China so the sales of Range Rover and top end variant of RR Sport are likely to get impacted.

Rand Rover price is >1.4 mn yuan in China while RR Sport price ranges between 1 mn yuan to 1.8 mn yuan.

Range Rover sells around 18,000 units annually in China (30% of Range Rover volumes of JLR) and RR Sport sells 23,000 units annually in China. We assume around 22,000 units of RR and RR Sport will be subject to luxury tax.

If 10% of sales decline of RR and top end RR Sport in china due to this measure, we estimate JLR revenues can decline by GBP250 mn and EBITDA by GBP90 mn. A EBITDA cut of GBP90 mn will imply a 2% cut on our FY2018 JLR EBITDA estimates.

Ironically, this ultra-luxury tax has no effect on luxury brands BMW’s and Mercedes’ China joint ventures and partners.

Brilliance BMW only produces the lower-end 5-series, 3-series, 2-series and X1, and the most expensive 5-series sedan costs only about 800,000 yuan.

Similarly, BAIC Benz’s cars are all below 800,000 yuan.

Brilliance China (1114.Hong Kong) fell only 0.2%, while SAIC Motors (600104.China) gained 0.6%. Tata Motors fell 1% at the open.

Source: Barron's Asia

http://blogs.barrons.com/asiastocks/201 ... xury-cars/
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Sun Dec 11, 2016 5:34 pm

Subprime auto lending is actually getting better

by Rick Newman

Some headlines have warned that a frenzy of defaults on subprime auto loans could be looming, while drawing breezy parallels with the disastrous effects of the housing bust. But the comparison is bogus.

For one thing, the mortgage market is eight times larger than the auto-loan market, making it far more important to the overall economy.


Defaults on car loans are also much easier to process, since a car can be repossessed and resold in a matter of weeks, keeping the lender more or less whole.

And some car owners actually prioritize their car loan over other commitments when money gets tight, because they need a vehicle to get to work.


Source: Yahoo Finance

http://finance.yahoo.com/news/subprime- ... 44512.html
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Wed Dec 14, 2016 9:56 pm

China

China has threatened to slap a penalty on an unnamed U.S. automaker for monopolistic behavior, the country's state-run newspaper reported citing a senior state planning official.

Trump angered China by questioning a long-standing U.S. policy of acknowledging China's sovereignty over Taiwan.

Zhang Handong, director of the National Development and Reform Commission's price supervision bureau, told the paper that no one should "read anything improper" into the timing or target of the penalty.

China is the world's largest auto market and is crucial to strategies of General Motors and Ford.

Source: Reuters

http://www.reuters.com/article/us-china ... News%20Now
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Re: Automobile Industry 02 (Oct 15 - Dec 17)

Postby winston » Tue Jan 03, 2017 7:56 am

Is China’s electric car dream turning into a zombie nightmare?

Rush to benefit from government subsidies spawned many small, ‘new-energy’ carmakers; few are expected to survive

China accounted for half of the US$16 billion in subsidies countries offered to new-energy car makers in the past decade, and concerns that companies were lodging fraudulent subsidy claims led Beijing to set up a cross-ministry team earlier this year to examine sales figures from 2013 and 2014.

The finance ministry says all such subsidies will be phased out by 2021.


Helped by more than 300 billion yuan in subsidies, and restrictions on the sale of petrol-powered cars in major cities, electric vehicle sales in China surged 343 per cent last year to 331,100 units – accounting for 60 per cent of the global total.


Source: SCMP

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

Postby winston » Thu Feb 16, 2017 12:01 pm

3 Tire Stocks That Are Burning Rubber in China

An unheralded sector, tire stocks could impact the markets big league

By Josh Enomoto

Source: Investor Place

http://investorplace.com/2017/02/three- ... KUj4Pl96M8
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