Auto & truck industry
Article Abstract:
Cost reductions and sales incentives in the 1990s have been insufficient to enhance market share or per-unit profits in the auto and truck industries, thus leading to consolidation on a global basis. Domestic auto sales in the US are expected to reach 15.5 mil units by the end of 1998, although the US industry is less competitive due to the dollar/yen relationship. Stocks in these industries are attractive mainly for their dividend yields.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Auto & truck industry
Article Abstract:
US car and light truck sales were strong in 1996 and 1st qtr 1997 but have slowed down in May 1997. Japanese automobile manufacturers will probably have a decrease in profits during 1997. Strikes have adversely affected Chrysler and General Motors while Ford has maintained its production momentum. Ford is the best choice for investment although the entire industry is risky because of its dependence upon business cycles.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Comment about this article or add new information about this topic: