Adam Jonas
Adam Jonas
along bmw board fourth increase notice numbers percent positive profit proposal quarter reported seek share surprise three today
BMW reported a positive surprise to fourth quarter profit numbers today along with a proposal for a three percent increase in the dividend and notice that the board is to seek authorization for a 10 percent share buyback.
almost auto companies difficult earnings exception parts porsche possibly quarter second select truck
The second quarter is going to be a very difficult quarter for most auto companies. Earnings will be down for almost every auto manufacturer with the exception of possibly Porsche , truck companies and select parts and tyre companies.
gain
At this pace, Fiat should gain significant share.
continue costs crucial increases industry material million pass percent price projected raw rising tire
Michelin and the industry continue to pass on rising material costs through tire price increases. Tire price increases have been crucial to offsetting the projected 15 percent increase in raw material costs Michelin will feel in 2005 (approximately 450 million increase vs. 2004).
april car chrysler everybody far sales worried
I think everybody is worried about April. In the U.S. so far in April Chrysler car sales are down pretty significantly.
early gets
It is decisive, it is early and it gets a lot of uncertainty out.
bad ford gm market operating sales volumes year
Peugeot had a bad year but their sales volumes improved. GM and Ford are operating at about their break-even market share.
car five level lowest per risk
They did about 2,001 euros per car for other risk provisions, and that is the lowest level of provisioning in five years.
appear consumer design gone instead lost market share start terms year
Volkswagen said at the start of the year that it would be going up in market share and instead it has gone down. They appear to have lost the U.S. consumer in terms of design and functionality.
draw happens hear line perceived points quality recall takes tone top toyota
Toyota is at the top when it comes to real and perceived quality. One recall isn't a problem. It takes two points to draw a line and it that happens then you'll hear my tone change.
attention reason
There?s a reason Renault is getting a lot of attention with this car. They?re the only one doing this so aggressively. If they are successful, there will be followers.
architecture bought common electronic porsche together
That's why Porsche bought Volkswagen. Working together on a common electronic architecture is a no-brainer.
aside business car companies cost cover money toyota
Recalls are a cost of doing business. Even high-quality companies like Toyota set aside a little money for each car to cover that risk.
approach attracting coming companies defensive europe market models offensive western
If Western Europe were the only market for these carmakers, it would be a headwind, definitely. Companies will have to take an offensive and defensive approach - coming up with new models and attracting more up-market customers.