Ferrari (NYSE:RACE) is the Star Performer in the Automotive Sector

Ferrari (NYSE:RACE) is the Star Performer in the Automotive Sector

$RACE FLASH: Ferrari stock is up over 45% from the December lows. I see Ferrari (NYSE:RACE) marking all-time highs this year,but stock is pausing to refresh as some pundits are calling for profit taking. So far this year it has been uneventful year, as Ferrari has been the star performer within the group. The stock […]

Ferrari (NYSE:RACE) Conforming to Hypercar Regulations

Ferrari (NYSE:RACE) Conforming to Hypercar Regulations

$RACE, $TM, $ATBHF Ferrari (NYSE:RACE) is close to confirming a full FIA World Endurance Championship (WEC) program for the upcoming ‘Hypercar’ regulations. Multiple industry sources close to the Italian manufacturer have confirmed to LTN over the past few weeks that the Italian Supercar maker is actively evaluating a program for the 2nd season of the […]

Tesla (NASDAQ:TSLA): China is Key to Its Future

Tesla (NASDAQ:TSLA): China is Key to Its Future

Tesla (NASDAQ:TSLA): China is Key to Its Future $TSLA, $GM, $F, $VLKAY, $HMC, $TM China is Key to Tesla’s future, and so it is not surprising that the US-China trade dispute is hitting the company hard. China is Tesla’s largest market outside the US, accounting for about 10% of total revenue in the 1st 3-Q’s […]

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus $TM, $RACE, $HMC, $POAHY Deliveries of the Lexus LY 650 65-ft luxury yacht begin mid-2019 We’re way past the point where we think of carmakers as restricted to making just cars. For example: There is Aston Martin (LON:AML) that’s building luxury apartments in Miami. Porsche Design […]

Ferrari (NYSE:RACE) and Ford (NYSE:F) Pull Out of WEC’s Top Endurance Class Talks

Ferrari (NYSE:RACE) and Ford (NYSE:F) Pull Out of WEC’s Top Endurance Class Talks

Ferrari (NYSE:RACE) and Ford (NYSE:F) Pull Out of WEC’s Top Endurance Class Talks $RACE, $F, $TM Organizers of the World Endurance Championship, whose topper is the 24 Hours of Le Mans, are currently embroiled with automakers, teams and other stakeholders over a major shakeup to the series’ Top class in time for the Y 2020/2021 […]

Ferrari’s (NYSE:RACE) Stock Like its Supercars is ‘Super Sexy’

Ferrari’s (NYSE:RACE) Stock Like its Supercars is ‘Super Sexy’

Ferrari’s (NYSE:RACE) Stock Like its Supercars is ‘Super Sexy’ $RACE Ferrari is a performance machine, and I am not just talking about its Supercars, a look at the financials shows strong performance too. Traditionally, the world’s  automakers do not show investors and growth, and because of that get a huge valuation discount and have low margins. […]

Southern California’s ‘Poverty Pimp’ Maxine Waters Attacks Auto Industry

Southern California’s ‘Poverty Pimp’ Maxine Waters Attacks Auto Industry

Southern California’s ‘Poverty Pimp’ Maxine Waters Attacks Auto Industry $F, $GM, $FCAU, $TM, $VLKAY US Rep. Maxine Waters (D-CA) is divisive claiming automakers discriminate against nonwhites when giving out car loans. Representative Mike Kelly (R-PA), an auto dealer, said in a TV interview Saturday segment that Ms. Waters’ cited a study that severely flawed. Mr. […]

EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards

EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards

EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards $RACE, $GM, $F, $FCAU, $TM, $VLKAY The Trump Administration is expected to launch an effort to weaken greenhouse gas emissions and fuel economy standards for automobiles, handing a victory to car manufacturers and giving them reasons to roll back restrictive industry standards worldwide. The EPA’s […]

Tesla(NASDAQ:TSLA) Does Not Know How to Make Cars

Tesla(NASDAQ:TSLA) Does Not Know How to Make Cars

 Tesla(NASDAQ:TSLA) Does Not Know How to Make Cars $TSLA, $GM, $TM, $VLKAY, $RACE Tesla (NASDAQ:TSLA) weekly spins the market an amazing string of hyperbole from the smirking mouth and rolled up eyes of CEO Elon Musk, from ankling C-suite executives and disgruntled factory workers. And that friends is great for Tesla’s legion of scalping day traders in […]

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency

Bitcoin, What’s Ahead for the Raging Cryptocurrency $BTCUSD, $MSFT, $JPM, $GS, $TM, $CME, $CBOE Bitcoin’s amazing rise YTD has attracted lots of attention, but most institutional investors are still on the sidelines, as regulators have yet to issue comprehensive rules, and corporations are still only testing blockchain technology. Whether Bitcoin matures or crashes will depend […]

Tesla (NASDAQ:TSLA) Model 3 Reliability Likely to Be ‘Just’ Average

Tesla (NASDAQ:TSLA) Model 3 Reliability Likely to Be ‘Just’ Average

Tesla (NASDAQ:TSLA) Model 3 Reliability Likely to Be ‘Just’ Average $TSLA, $TM, $GM Tesla Inc.’s (NASDAQ:TSLA) new Model 3 sedan is likely to have “average” reliability despite production snags. Consumer Reports magazine said on Thursday. The magazine said its survey of 640,000 vehicles showed that all-new vehicles or models with newly updated technology are more […]

US Fuel Economy Standards Unrealistic

US Fuel Economy Standards Unrealistic

US Fuel Economy Standards Unrealistic $F, $GM, $TM, $FCAU, $VLKAY, $HMC The Trump administration is continuing its efforts to roll back Obama-Era regulations, and the Clean Power Plan may be next. The signature plan under former President Barack Hussein Obama was finalized in Y 2015 as part of ongoing efforts to fight climate change. The rule required […]

US Automakers Outsell June Estimates, End Anemic 1-H

US Automakers Outsell June Estimates, End Anemic 1-H

US Automakers Outsell June Estimates, End Anemic 1-H $F, $GM, $FCAU, $TM, $HMC, $VLKAY Demand for light trucks gave FoMoCo (NYSE:F). and top Japanese automakers better sales than analysts had estimated for June following a 5-month streak of industry declines. Toyota Motor Corp.’s (NYSE:TM) deliveries rose 2.1% June, while Honda Motor Co (NYSE:HMC) sales rose […]

Tesla’s (NASDAQ:TSLA) Valuation in the Stratosphere

Tesla’s (NASDAQ:TSLA) Valuation in the Stratosphere

Tesla’s (NASDAQ:TSLA) Valuation in the Stratosphere, “Where is the Beef” $TSLA, $TM, $DDAIF, $VLKAY, $F, $GM Shares of EV maker, Tesla, Ine, sold off Friday,  after marking  an all-time high and driving its market capitalization to $61.6-B, about $280-B more than BMW AG. Tesla now ranks as the 4th-most valuable automaker, behind Toyota Motor Corp […]

Ferrari (NYSE:RACE) Now Worth More Than Ever

Ferrari (NYSE:RACE) Now Worth More Than Ever

Ferrari (NYSE:RACE) Now Worth More Than Ever $RACE, $TM, $F, $VLKAY, $HMC Ferrari’s (NYSE:RACE) pre-IPO Chairman, Luca di Montezemolo, enforced a strict 7,000 vehicle production cap per year. Raising that number, he cautioned, would dilute Ferrari’s brand and product value and weaken the company’s consumer alure. Today, it is fair to say a fair to […]

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs $TM, $F, $GM, $FCAU Tuesday, Toyota Motor Corp. (NYSE:TM) said it would add 400 jobs to build more SUVs at one of its US plants, highlighting its expansion plans just as US President Donald Trump calls on manufacturers to build more cars in the country. The Japanese automaker […]

From the Detroit Auto Show: Toyota (NYSE:TM) to Spend $10-B in USA

From the Detroit Auto Show: Toyota (NYSE:TM) to Spend $10-B in USA

From the Detroit Auto Show: Toyota (NYSE:TM) to Spend $10-B in USA $TM Toyota Motor (NYSE:TM) will spend $10-B in US capital investments over the next 5 years, matching the Japanese automaker’s investments over the prior 5 years, North America CEO Jim Lentz said Monday. The automaker has come under fire from President Elect Donald […]

Ford (NYSE:F) Abandons Plant, Turns Mexican State into “Wasteland”

Ford (NYSE:F) Abandons Plant, Turns Mexican State into “Wasteland”

Ford (NYSE:F) Abandons Plant, Turns Mexican State into “Wasteland” $F, $GM, $TM Ford Motor Co.’s (NYSE:F) abrupt move to scrap a planned $1.6-B car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump’s agenda poses to the country’s broader economy. […]

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy $MXNUSD, $F, $GM, $TM Mexico propped up the Peso Thursday by selling at least $1-B in US currency in morning trading in an attempt to ease the prospect that President Elect Donald Trump’s policies will hurt the economy. Traders said that Mexico’s central bank made the […]

Toyota Motor Corp (ADR)(NYSE:TM) Bearish Trend

Toyota Motor Corp (ADR)(NYSE:TM) Bearish Trend

Toyota Motor Corp (ADR)(NYSE:TM) Bearish Trend Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 118.80. The projected lower bound is: 111.02. The projected closing price is: 114.91. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]