US and other auto manufacturers banking on increased car sales in China for 2012 have three reasons to be concerned.
Blistering growth in Chinese auto sales is expected to plunge
China is taking efforts to dampen foreign investment in autos
The Wall Street Journal reports
Courtesy to Dr. Sam Subramanian from www.alphaprofit.com, we are glad to present an in-depth look into the auto shares and an analysis of their current investment potential. As with the first investment guest feature, we aim to enrich our blog with a more professional rather than theoretical market view.
Ways to Keep Winning in the Auto Group
Shares in the auto industry have been among the leading performers over the past year, with the Dow Jones US Automobiles & Parts Index advancing 140%.Given the massive run-up in auto equities, is there money still to be made in these stocks?I believe the answer is yes.
According to new research from Creative Auto Enrolment a mere 15 per cent of businesses who have to comply with the legislation in the next 12 months say that they feel well qualified to manage auto enrolment preparations. This leaves thousands of businesses at risk of crippling fines which can hit £2,500 per day.
Major auto makers are gathering in Detroit for the North American International Auto Show. For Detroit's restructured auto makers, one challenge will be to avoid repeating a pattern of boom and bust that's plagued the U.S.
Major auto makers are gathering in Detroit for the North American International Auto Show. For Detroit's restructured auto makers, one challenge will be to avoid repeating a pattern of boom and bust that's plagued the U.S. car business since the early 1980s.
Auto parts maker Magna International Inc (MG.TO) (MGA.N) reported a 12.5% rise in profit on strong performance in its North American business, and raised its full-year sales forecast.
The fortunes of auto parts makers are tightly tied to the Detroit Three and the health of the U.S. vehicle market. The steady recovery by Ford Motor Co (F.N), General Motors Co (GM.N) and Fiat SpA’s Chrysler (FIA.MI) from their recession-induced slump bode well for Canadian auto parts makers.
Foreign companies are losing market share in China across a broad range of industries because of discriminatory treatment by the government and regulators, according to the European Chamber of Commerce in China
By David Hunkar: The automotive industry is one of the largest industries in the U.S. It can be considered the second largest industry after the real estate industry. The U.S. government considers the auto industry to be highly important for the country even going to the extent of bailing out the industry a few years ago.
Some interesting facts on the U.S. auto industry are listed below: