Automotive sales could push the market into higher gear if last month brought the kind of rebound that investors are looking for.
from The Great Debate:
The Fast and Furious movies are blazing a trail into the record books. The 2013 Fast & Furious 6, which hauled in $788 million worldwide, has now been topped by Furious 7, which zoomed from a record-breaking opening weekend to four consecutive weeks at No. 1. (Avengers: Age of Ultron took the top spot this past weekend.). Furious 7 has made a dizzying $1.3 billion worldwide, behind only Avatar and Titanic. It might just outpace them, too.
from Expert Zone:
(Any opinions expressed here are those of the author and not of Thomson Reuters)The trend of luxury crossovers was started by BMW with the X1. Audi followed suit with its Q3 and Mercedes-Benz is now entering the game with the GLA.
One of the day’s biggest indicators will be monthly auto sales figures, at a time when the major U.S. automakers are seeing notable weakness in their equity prices. We’re waiting on insights from General Motors as they hold an analyst day and after Ford warned that its profits would fall short of expectations for 2014 and 2015 thanks to bigger recall costs in North America and bigger losses in South America and Russia. It’s tempting to go after the world weakness – be it Brazil, Russia, Germany or what-have-you – as that which ails the likes of a big automaker like Ford, and certainly the lackluster demand there isn’t going to help anybody.
from The Great Debate UK:
--Guy Walsh is Regional Director at ABN AMRO Commercial Finance PLC. The opinion expressed are his own.--
from Photographers' Blog:
By Michael Dalder
Have you ever thought about the number of cars that are on the road every day?
According to research by WardsAuto, in 2010 the number of cars in operation around the globe grew to more than 1 billion for the very first time.