Auto & truck (foreign) industry
Article Abstract:
Japanese and European carmakers are experiencing mixed financial results as of early 1995. Honda Motor Company Ltd and Toyota Motor Corp are seeing their profits rebound after several years of decline, while Nissan Motor Company Ltd continues to struggle. Volvo AB has seen significant sales increases, while Daimler-Benz AG's Mercedes-Benz unit saw its financial contribution to the group's recovery offset by ongoing struggles in other divisions.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Auto & truck (foreign) industry
Article Abstract:
Japanese automaker profits will be hurt if the Clinton administration's 100% luxury car tariffs are put into effect June 28, 1995. Japan is unlikely to agree to managed trade and numerical targets. Honda and Toyota have seen their market shares change in Japan and the US, and will report lower earnings for 1995, and Nissan may report more losses. Stocks in foreign automakers are not recommended investments for the next 12 months.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Auto & truck (foreign) industry
Article Abstract:
Japanese auto makers are increasing production in the US and elsewhere. Price increases are expected to be smaller, due to the stronger dollar. Sales gains for Honda and Nissan are 25% and 9% respectively for the nine months through Aug 1995, while Toyota sales decreased 1.2%. In Europe, Volvo's sales are increasing in contrast to Daimler-Benz. These auto stocks are not timely investments for 1995 or 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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