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Citigroup Sums Up In 2 Words Why GM's EPS Won't Collapse: Pickup Trucks
Thursday, June 9, 2016 - 11:27am | 303Read More...Citi’s Itay Michaeli mentioned that the final May data points “confirm a strong month all-around for pickup trucks—including May used pickup pricing.” Michaeli maintains a Buy rating on General Motors Company (NYSE: GM), with a price target of $50. May Data Points Similar to...
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Citi On Why GM, Ford Aren't Car Stocks...
Monday, May 2, 2016 - 4:10pm | 316Read More...Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) aren't just car companies. In fact, Citi analyst Itay Michaeli believes that pickup trucks play a much more important part in the two companies' bottom lines than many seem to appreciate. In fact, Citi estimates that...
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Auto Roundup: March Retail Sales Mostly Showing Deceleration From Last Year
Wednesday, April 1, 2015 - 11:13am | 564Read More...Auto manufacturers on Wednesday released U.S. March retail sales data which mostly showed deceleration in sales. Here is a breakdown. General Motors: Total Sales Down 2 Percent General Motors Company (NYSE: GM) reported that it delivered 249,875 vehicles in March in the U.S., representing a...
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Citigroup Says 'Go Long Pickups,' Prefers General Motors Over Ford
Wednesday, March 4, 2015 - 11:31am | 272Read More...In a report published Tuesday, Citigroup analyst Itay Michaeli commented on General Motors Company's (NYSE: GM) U.S. February sales data. According to Michaeli, General Motors' below consensus February sales were due to a weather-related slowdown. On the other hand, the sales report did...
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Fiat Chrysler Reports December U.S. Auto Sales Rose 20%
Monday, January 5, 2015 - 11:02am | 185Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) on Monday reported U.S. December sales rose 20 percent from a year ago, as the company sold 193,261 total vehicles. December's sales data marked the company's best December in a decade and marks the 57th consecutive month of year-over-year sales...
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As Baby Boomers Settle Down, RVs See A Comeback
Friday, March 7, 2014 - 12:02pm | 521Read More...It may be a perfect storm of sorts - a growing economy and the fact that more baby boomers are retiring and heading for the great outdoors – but the net result is a resurgence in recreational vehicle sales of all kinds. From towable campers to motor homes, fishing boats to pontoons, jet skis to...
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Ford Expected to Unveil Aluminum-Bodied F-150
Wednesday, December 25, 2013 - 1:38pm | 665Read More...It appears what's been rumored for the past several months is indeed about to come to pass; that Ford (NYSE: F) is preparing to unveil an aluminum-body version of its best-selling F-150 pickup truck next month at the Detroit Auto Show. Back in July, Motor Trend said Ford was “on a mission to...
