Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

The Zacks Analyst Blog Highlights:General Motors, Ford Motor, Toyota Motor, Honda Motor and Nissan Motor



 The Zacks Analyst Blog Highlights:General Motors, Ford Motor, Toyota Motor,
                         Honda Motor and Nissan Motor

PR Newswire

CHICAGO, July 12, 2013

CHICAGO, July 12, 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 General Motors (NYSE:GM-Free
Report), Ford Motor (NYSE:F-Free Report), Toyota Motor Corp. (NYSE:TM-Free
Report), Honda Motor Co. (NYSE:HMC-Free Report) and Nissan Motor Co.
(OTC:NSANY-Free Report).

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of
the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

Auto Sales Rise Steadily in China

After months of sluggish growth owing to weak economic conditions and
restrictions imposed by the government on new vehicles, total vehicle sales in
China reflected a steady growth of 11.2% in Jun compared with 9.8% in May,
according to the China Association of Automobile Manufacturers (CAAM).

A total of 1.8 million vehicles were sold in the country during the month,
leading to sales of 10.8 million vehicles for the first half of the year, up
12.3% on a year-over-year basis. Passenger vehicle (cars, multipurpose and
sport-utility vehicles) sales also increased steadily by 9.3% to 1.4 million
units in Jun compared with 9.0% in May. For the first half of the year,
passenger vehicle sales rose 13.8% to 8.7 million units.

The steady growth in sales was mainly attributable to lower prices, which
partially offset the effect of shortage of credit, weak economy and government
restrictions on vehicle registration due to increasing traffic congestion and
pollution in Chinese cities.

Sales of American brands swelled 12.7% to 1.8 million vehicles in the first
half of 2013. Among the U.S. automakers, General Motors' (NYSE:GM-Free Report)
sales went up 10.6% to 236,207 vehicles in the month while Ford Motor's
(NYSE:F-Free Report) sales continued to be impressive, soaring 44% to 75,254
vehicles in Jun.

Sales of Japanese automakers recovered from the effect of political conflict
between Beijing and Tokyo over disputed islands in the East China Sea.

Sales of Japanese brands, including Toyota Motor Corp. (NYSE:TM-Free Report),
Honda Motor Co. (NYSE:HMC-Free Report) and Nissan Motor Co. (OTC:NSANY-Free
Report), grew 16.5% to 2.3 million vehicles in the first half of the year, as
CAAM has revealed. Among them, Toyota sales grew 9% to 76,900 vehicles, Honda
sales dipped 5.6% to 61,003 vehicles and Nissan sales fell 7.7% to 101,400
units.

Chinese automakers suffered due to strong competition from foreign automakers
and their local brands. Sales of Chinese brands rose only 5.5% to 5.3 million
vehicles during the first half of the year.

Meanwhile, sales of German brands went up 20.6% to 2.9 million vehicles in the
same period. Sales of Germany's BMW grew 6.9% to 184,489 vehicles in the
month.

In 2009, China overtook the U.S. as the biggest auto market in the world by
sales volumes when the Beijing government introduced a stimulus package,
including tax incentives for small cars.

However, the incentives were scrapped and the Beijing government imposed
quotas on new car registrations in order to control the traffic congestions.
The scenario is expected to become worse in the future, as Chinese government
has widened the number of cities where it is curbing vehicle purchases to
reduce greenhouse gases, as China Association of Automobile Manufacturers has
revealed.

According to Shi Jianhua, deputy secretary general of CAAM, the Chinese
government will include Chengdu, Chongqing, Hangzhou, Qingdao, Shenzhen,
Shijiazhuang, Tianjin and Wuhan cities for controlling auto sales. Shi
believes that the controlling measures will reduce vehicle deliveries by
400,000 units or 2% of total vehicle sales in the country.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of
the Day pick for free.

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.
Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the
latest analysis from Zacks Equity Research. Subscribe to this free newsletter
today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed
in 1978. The later formation of the Zacks Rank, a proprietary stock picking
system; continues to outperform the market by nearly a 3 to 1 margin. The best
way to unlock the profitable stock recommendations and market insights of
Zacks Investment Research is through our free daily email newsletter; Profit
from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED
to be worth your time! Register for your free subscription to Profit from the
Pros.

Get the full Report on GM - FREE

Get the full Report on F - FREE

Get the full Report on TM - FREE

Get the full Report on HMC - FREE

Get the full Report on NSANY - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook:
http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities
(including a broker-dealer and an investment adviser), which may engage in
transactions involving the foregoing securities for the clients of such
affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment
is the potential for loss. This material is being provided for informational
purposes only and nothing herein constitutes investment, legal, accounting or
tax advice, or a recommendation to buy, sell or hold a security. No
recommendation or advice is being given as to whether any investment is
suitable for a particular investor. It should not be assumed that any
investments in securities, companies, sectors or markets identified and
described were or will be profitable. All information is current as of the
date of herein and is subject to change without notice. Any views or opinions
expressed may not reflect those of the firm as a whole. Zacks Investment
Research does not engage in investment banking, market making or asset
management activities of any securities. These returns are from hypothetical
portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced
monthly with zero transaction costs. These are not the returns of actual
portfolios of stocks. The S&P 500 is an unmanaged index. Visit
http://www.zacks.com/performance for information about the performance numbers
displayed in this press release.

SOURCE Zacks Investment Research, Inc.

Website: http://www.zacks.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement