|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||128.74 - 129.37|
|52 Week Range||103.62 - 140.99|
|PE Ratio (TTM)||8.61|
|Forward Dividend & Yield||3.59 (2.80%)|
|1y Target Est||N/A|
Full-size sedans aren't exactly in great demand at the moment, and at least one of the vehicles in this comparison has been rumored to be on the endangered species list. Yet, we've just had our first drive in the 2019 Toyota Avalon, and if anything has a chance of rejuvenating the segment a bit, it's an all-new version of what has long been the segment's benchmark.
If the 2019 Toyota Avalon isn't fit enough to survive, then the entire full-size sedan species is doomed to extinction. It's really simple as that, because as the new-and-improved replacement for a car that was already well-entrenched as the segment benchmark, it stands the best chance of coaxing customers away from an onslaught of SUVs and similarly priced smaller sedans with fancier badges. Perhaps it could even snag a few people not yet old enough to collect Social Security.
The polarizing design of the 2019 Toyota Avalon is sure to get it attention on dealer lots and the road.
There are two important sets of numbers buried in Toyota's announcement today about the 2019 Avalon, the company's upper-end full-size sedan. The first is the car's fuel economy rating, with the important item here being the general difference between the gas and the hybrid models. While the specifics depend on the trim levels (see chart below), for our purposes, we'll go with the smallest difference between combined MPG ratings of the most-efficient gas and the least efficient hybrid models: 17 mpg.
Auto giant General Motors (GM) is set to release its 1Q18 earnings report on April 26. By 2017 US auto sales volume, GM had the largest market share in the country—much higher than Ford (F), Toyota (TM), and Fiat Chrysler Automobiles (FCAU). Before we find out what analysts are expecting from GM’s 1Q18 earnings, let’s explore how its stock has performed in April 2018 so far.
Toyota Motor North America Inc. and energy company Shell are moving ahead with building the first hydrogen-truck refueling station at the Port of Long Beach.
Previously in this series, we learned that Fiat Chrysler (FCAU) stock has outperformed peers and the broader market in 2018 so far. Investors’ high expectations for the company’s 1Q18 earnings could be another reason for its strong Wall Street performance. In this part, we’ll explore analysts’ estimates for its 1Q18 earnings and review its earnings in 4Q17.
TOKYO—There’s a big reason why Japan doesn’t want to talk about a trade deal with Donald Trump: Its auto exports are booming. Japanese auto makers exported nearly 10% more cars to the U.S. in the first three months of this year compared with the same period a year earlier, according to trade figures released this week in Tokyo around the time the U.S. president was dining at his Florida resort with Prime Minister Shinzo Abe. The value of Japan’s car exports to the U.S. has nearly doubled in six years to more than $40 billion, driven by American hunger for sport-utility vehicles, whereas only a tiny number of American-made cars are sold in Japan.
In February 2018, Ford gave dismal guidance for fiscal 2018, forecasting adjusted EPS (earnings per share) of $1.45–$1.70, lower than its adjusted EPS of $1.78 in 2017. Ford expects its 2018 revenue to be flat or moderately higher than its 2017 revenue, and its operating cash flow to be positive but lower than its 2017 cash flow. This guidance was based on US auto sales being expected to decline in 2018. However, as US light-vehicle sales rose 1.9% YoY (year-over-year) in 1Q18, we can’t deny the possibility of Ford revising its guidance upward.
In 4Q17, Ford (F) reported an adjusted pre-tax profit of $1.4 billion from its automotive segment, with an operating profit margin of 3.7%. This margin was smaller than its adjusted operating profit margin of 5.7% in 4Q16. Ford’s pre-tax profits worsened in all key reporting segments but South America. While its South American profits improved, they remained in negative territory. Despite positive growth in its global wholesale volumes, Ford’s pre-tax profit in 4Q17 was hurt by higher commodity prices, recall costs, and currency headwinds driven by the British pound.