Given the global economic slowdown, lower commodity prices, and cool-down in former red-hot grow markets such as China; the accompanying table presents statistics and an overview of a global transport short ETF strategy for passenger airlines, auto makers, maritime, and trucking companies.
While I am still bullish on the prospects for railroads as a long investment idea and a hedge to these short transport ETF ideas, they will also suffer to some degree depending on the length and depth of the s
An overwhelming 78-12 vote by the Senate sends a massive $634B spending bill to President Bush, who is expected to sign the measure before the government's fiscal year-end comes to a close on Tuesday. The bill contains provisions for $25B in subsidized loans for automakers in addition to removing a ban on offshore drilling on the Atlantic and Pacific coasts. Participating companies from the auto industry would not have to begin repayment of the loans for five years and the proceeds are meant to be used in the d
Toyota Motor Corporation operates in the automotive industry worldwide. It engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and trucks and related parts and accessories. The company offers hybrid vehicles primarily under the Prius brand, which run on a combination of gasoline engine and motor. Its products also comprise conventional engine ve
Toyoya Motors is a fundamentally stong company and if you want to do trade in the automobile sector, this should be on the top of your list.
Having said that, things may not work well for them in the short term. With the oil price soaring high and a weakening dollar, TM may see a drop in their profits.
The bottom line is for the long term investors TM is a "must have" in their portfolios.
The Prius has been gobling up market share in the affordable car market for tha last several years.
In the city of Berkeley we have sold more Prius cars than any location in the United States until this most recent year.
This last year the only reason why we havent sold more is the same reason we havent sold more in previous years, every single car made available is sold.
Berkeley used to be the only location issued a large number of cars for sale, and now other locations have been afforded that ability.
General Motors Corp. (NYSE: GM) and Ford (NYSE: F) are going in front of Congress today to ask for $25 billion worth of taxpayer money. (It seems they won't be flying in separate private jets.) GM will announce a reopening of its UAW contract and the winding down of its Hummer, Pontiac, Saab and Saturn brands. Ford will try to sell Volvo to the Swedish government. What's lacking from both plans at this stage is enough detail about cost savings to know whether taxpayers will get their money back.
Ford (NYSE:F) will present a brilliant plan to Congress. It will build smaller cars to take advantage of the hunger for fuel-efficient vehicles.
According toThe Wall Street Journal, "Ford Motor Co. plans to tell Congress it is retooling itself to build small fuel-efficient cars and break from the past strategy of focusing mainly on large pick up trucks and sport-utility vehicles."
The program is not likely to get a warn reception for a number of reasons, the most important of which is that it is too late. Consider that changing over many o
General Motors Corp. (NYSE: GM) will need to assemble a compelling restructuring plan if it hopes to get the $12 billion it seeks from the U.S. Last week I proposed a six step plan -- part of which suggested GM should get rid of unprofitable lines such as the Saturn, Saab and Pontiac brands and dump their related dealerships. And it looks like GM is now considering just such steps.
But the sales declines and inefficiency of their related dealerships provide a startling look at just how poorly managed GM really is. Let's consider lost s
Toyota Motor Co. (NYSE: TM) -- recently we've seen more and more signs that the slowdown in general and the auto industry troubles particularly have been hurting Toyota too. Today, Fitch Ratings cut Toyota's top-notch credit rating to "AA" from "AAA," as the carmaker was indeed hit by the world auto market slump, high material cost and ...
This is part of a weekly series about the auto industry. Record-high oil prices and a global slowdown have contributed to a crisis in the sector, and this column will highlight some of the interesting stories that emerge as that crisis plays out.
The American car manufacturers have have grabbed most of the miserable headlines lately, but the ongoing crisis in the auto sector has hurt all producers. Case in point: Toyota (NYSE: TM) has announced that it will cut 3,000 job in Japan as the global slowdown hits h
Which sector will do best in 2008?
- The economy is going through difficult times. With the dollar weakening, Oil prices and Inflation skyrocketing which sector do you think is the best to
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