market performance Archives

Cox Automotive Analysis: Honda’s Quarterly U.S. Market Performance 08/09/2022 Honda has been warning investors that the global computer chip shortage and rising raw material costs would hurt profits. Just how much will become clearer when the Japanese automaker posts financial results on Wednesday, August 10, for the April-to-June quarter, the automaker’s first quarter of its fiscal year that started April 1. Honda said in May that its annual earnings would fall by 7% instead of… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Toyota’s Quarterly U.S. Market Performance 08/03/2022 Toyota Motor Corporation posts financial results for the April-to-June quarter on Thursday, August 4, the automaker’s first quarter of its fiscal year. Like its Japanese competitors, Toyota has warned that the chip shortage, shutdowns due to COVID and rising materials costs will impact earnings. In the U.S., one of Toyota’s most important markets, sales were down for both Toyota and Lexus as the brands had among… Read Article

Toyota market performance Market Insights Data Point

Cox Automotive Analysis: Nissan Quarterly U.S. Market Performance 07/27/2022 Nissan posts financial results for the April-to-June 2022 quarter on Thursday, July 28, the automaker’s first quarter of its fiscal year, and analysts expect a 70% drop in profits on higher revenue. Much of the blame is on China, where COVID lockdowns shut down production and sales. China accounts for a third of Nissan’s global production and sales. In May, Nissan projected its global sales would… Read Article

Nissan market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q2 2022 Market Performance 07/27/2022 Stellantis, parent company to Jeep, Ram and a host of other brands, will report quarterly earnings before the stock market opens on Thursday, July 28. The quarterly results will indicate how well the automaker is managing the chip shortage and other supply chain disruptions. In Europe, an Italian labor union warned that the automaker could lose 200,000 units of production this year to the chip shortage.… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Ford’s Q2 2022 U.S. Market Performance 07/26/2022 Ford outperformed the U.S. market in sales for the second quarter. How that translates into quarterly earnings will be revealed with the automaker posts financial results after the stock market closes on Wednesday, July 27. Ford’s U.S. vehicle sales surged in June to close the quarter on a positive note when the industry was down, mainly because its inventories vastly improved from the year before when… Read Article

Ford market performance Lincoln Market Insights Data Point

Cox Automotive Analysis: GM’s Q2 2022 U.S. Market Performance 07/26/2022 General Motors is expected to report a year-over-year decline in earnings, despite higher revenues, when it reports financial results for the second quarter on Tuesday, July 26, before the stock market opens. But then again, GM has beaten analysts’ forecasts for the past four quarters. Indeed, the quarter was challenging as GM continued to battle supply chain issues. GM reported at the end of June that… Read Article

GM General Motors market performance GM General Motors Market Insights Data Point

Cox Automotive Analysis: Hyundai Motor America’s Quarterly Market Performance 07/20/2022 South Korean automaker Hyundai Motor, which includes the Hyundai, Kia and Genesis brands, is expected to deliver record profits when it reports quarterly earnings on Thursday, July 21. Analysts predict the automaker will earn a record $1.7 billion in operating profit as a richer product mix, reduced incentive spending and weakening Korean won are expected to offset soaring raw material costs, chip shortages and other challenges… Read Article

Hyundai market performance Market Insights Data Point

Cox Automotive Analysis: Hyundai’s Quarterly U.S. Market Performance 05/13/2022 South Korean automaker Hyundai Motor, which includes the Hyundai, Kia and Genesis brands, posted a better-than-expected rise in its first-quarter profit as favorable exchange rates more than made up for higher raw material costs and a drop in vehicles sales caused by the global computer chip shortage. The U.S. is one of the most important markets for the automaker. Here are some data points from Cox… Read Article

Hyundai market performance Kia Genesis Market Insights Data Point

Cox Automotive Analysis: Honda’s Quarterly U.S. Market Performance 05/12/2022 Honda posts financial results for the January-to-March quarter on May 13, the automaker’s final quarter of its fiscal year. In the U.S., its sales were down in the quarter as both Honda and Acura continue to have supply chain problems leading to low inventory. March saw U.S. sales decline for Acura for the seventh straight month and for Honda for the eighth straight month. At the… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Nissan’s Quarterly U.S. Market Performance 05/11/2022 Nissan posts financial results for the January-to-March quarter on May 12, the automaker’s final quarter of its fiscal year. Nissan is closing out the second year of its four-year turnaround plan that has the U.S. as a centerpiece for its growth. Part of that plan was to be less reliant on fleet sales and cut incentives. Indeed, Nissan’s 30% lower sales for the quarter partly represent… Read Article

Nissan market performance Market Insights Data Point