The Zacks Analyst Blog Highlights: Nissan Motor, Ford Motor, General Motors, Toyota Motor and Honda Motor PR Newswire CHICAGO, May 7, 2013 CHICAGO, May 7, 2013 /PRNewswire/ --Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Nissan Motor Co. (OTC:NSANY), Ford Motor Co. (NYSE:F), General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM) and Honda Motor Co. (NYSE:HMC). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Monday's Analyst Blog: April Auto Sales Slip Below 15 Million Auto sales in the U.S. slipped below seasonally adjusted rate (SAAR) of 15 million units to 14.92 million vehicles in April for the first time since October last year due to weak commercial customer (fleet) sales. However, it increased from the year-ago level of 14.42 million units by 3.5%. Total vehicle sales rose 8.5% to 1.29 million vehicles in the month. Among the six major automakers (U.S. and Japanese), Nissan Motor Co. (OTC:NSANY) topped all the automakers in terms of sales growth. Let us look at the sales figure by individual automakers. U.S. Automakers Ford Motor Co. (NYSE:F) sales rose 18.0% to 211,984 vehicles, driven mainly by strong demand for its redesigned Escape SUV. Escape sales surged 52% to 25,826 units, making the best April since the model went on sale 13 years ago. Sales of Ford's F-Series pickup, the best-selling vehicle in the U.S., grew 24% due to continuous demand from homebuilders and other businesses. General Motors Company (NYSE:GM) posted an 11.4% rise in sales to 237,646 vehicles in April, driven by strong sales of its all four brands and especially Chevrolet Silverado pickup truck. Sales increased 11% for Chevrolet, 34% for Cadillac, 11% for Buick and 7% for GMC. Silverado sales escalated 28% to 39,395 units. Chrysler Group recorded an 11.0% rise in sales to 156,698 vehicles, driven by strong sales of Ram pickup truck. Ram pickup sales soared 49% to 32,124 during the month. Jeep brand sales grew 2% to 39,426 units but Chrysler brand sales dipped 13% to 27,836 units. Japanese Automakers Toyota Motor Corp. (NYSE:TM) sales slid 1.1% to 176,160 units due to weak car sales. Car sales in the month went down 9.5% to 89,956 units but truck sales improved 11.6% to 68,113 units. Toyota's revamped RAV4 posted best-ever April sales of 18,541 units, a 22% rise from the prior year. Honda Motor Co. (NYSE:HMC) recorded a 7.4% rise in sales to 130,999 vehicles driven by strong sales gain (12%) of CR-V, which posted its best April ever. Sales of Honda's popular Accord sedan fell 5.2%, while Civic sales rose 8.3% in the month. Nissan Motor posted an impressive 23.2% rise in sales to 87,847 vehicles. Nissan Division sales rose 24.6% to 80,003 units, driven by models like Altima, Pathfinder, Sentra and Rogue. Sales of Infiniti vehicles grew 10% to 7,844 units in the month. Outlook Strong pent-up demand, easier car finance and improving macroeconomic conditions will continue to act as a catalyst to rejuvenate U.S. auto sales to the pre-recession level. Good news is that improving auto sales will also help the overall economic recovery in the U.S., being a key industry for growth. Despite some headwinds, full year sales are expected to exceed 15 million units compared with 14.5 million units in 2012. GM expects a 7% rise in industry sales in 2013. Meanwhile, Ford predicted an 8% gain in the year, which reflects more than threefold rise compared with the overall economic growth of 2%–2.5% forecasted by the automaker. Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. 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The Zacks Analyst Blog Highlights: Nissan Motor, Ford Motor, General Motors, Toyota Motor and Honda Motor
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