From Phil LeBeau:
Category: NASDAQ:CARZ
How will the trade war hurt the auto industry?
From Nick Robertson: The prices of cars are going up.
Which industry will be hit the hardest from Trump’s threat of tariffs on Mexican imports? Reuters
From Miyoung Kim: U.S. President Donald Trump said on Thursday a tariff of 5% would be imposed on all goods coming from Mexico, increasing gradually each month until reaching 25% on Oct. 1, unless Mexico takes immediate action to curb illegal immigration.
Auto sales are slowing, which is good for summertime car shoppers
From Sarah O’Brien: With auto sales slowing, car shoppers are likely to find dealerships eager to move inventory over the Memorial Day weekend.
The Trump administration will delay automobile tariffs for 6 months
From Kayla Tausche & Jacob Pramuk:
From Paul A. Eisenstein: More than two dozen new cars, trucks, crossovers and concept vehicles are making their debut at this week’s annual New York International Auto Show, the sort of rollout that would traditionally be expected to give a boost to the U.S. new car market.
U.S. car sales are dropping as prices of vehicles rise
From Robert Ferris:
White House backpedals, No deal in place to roll back auto tariffs with China
From Paul A. Eisenstein: Carmakers were initially buoyed by the claim of an “incredible” trade deal emerging from Trump’s dinner Sunday with Chinese President Xi Jinping.
Long-Term Auto Sales Trends Paint A Bearish Picture
From Jill Mislinski: For the past few years, we’ve been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population adjusted data.
Subprime Auto Loans Are A Ticking Time Bomb (CARZ)
From John Rubino: The longer an expansion lasts, the crappier its paper becomes.
Have We Reached Peak Auto Sales Again? (CARZ)
From Jill Mislinski: For the past few years, we’ve been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population adjusted data. Let’s now do something similar with the Light Vehicle Sales report from Motor Intelligence and the Bureau of Economic Analysis.
These Industry ETFs Are Prospering From A Strong Earnings Season (CARZ)
From Zacks: Gone are the days when investors used to be happy with just earnings growth. Now, earnings improvement (no matter how big it is) seems inadequate for solid moves in the market. Today, it is the beat that initiates a stock price rally post earnings.
How Self-Driving Cars Will Transform Nearly Every Industry (CARZ)
From Franklin Templeton Investments: Technology is transforming nearly every industry, from health care to retail to transportation. Franklin Templeton Investments recently hosted an event examining the race to develop and market autonomous vehicles entitled, “Along for the Ride: Evaluating the Impacts of Self-Driving Cars.”
Examining The Impact Of Self-Driving Vehicles (CARZ)
From Franklin Templeton Investments: The race to develop truly autonomous vehicles continues to pick up speed. Not only are passenger cars in the race, but also trucks and buses.
Ride Sharing Is About To Crush The Auto Industry (CARZ)
From Paul Mampilly: “Will we need to learn to drive?” my son asked me recently. Before I tell you what I told him as an answer, I want to give you an idea of why he asked me this question.