Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Automakers rev up new model rollout in U.S.: study

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/17/2012 | 02:14am CEST

Major automakers will launch new models through 2016 in the United States at a faster pace than in the last two decades, according to a Bank of America Merrill Lynch report.

New models draw more traffic to showrooms, which can boost a company's market share, profit and stock price. Automakers are expanding their lineups to better compete in the growing U.S. auto market after a "lull" during the economic downturn, the annual report said.

"As automakers emerge from the trough in the cycle, more are aiming to spur demand by launching fresh product rather than discounting stale models at the expense of margins," according to the report, a copy of which was obtained by Reuters.

Automakers will unveil 176 new models for the model years 2013 to 2016, or 44 models per year, according to the research note published Wednesday. From 1992 to 2012, 38 new models were launched each year, on average.

About 70 percent of the new models will be crossovers, luxury cars and light trucks, John Murphy, managing director at Bank of America Merrill Lynch, wrote in the report.

General Motors Co (>> General Motors Company) will introduce a slew of new pickup trucks for the 2014 model year, including a new Chevrolet Silverado. Ford Motor Co's (>> Ford Motor Company) overhaul includes a revamped 2013 Fusion mid-size sedan and a 2013 Escape sport-utility vehicle.

Historically, the three U.S. automakers refreshed their lineups every 7-8 years, while their foreign rivals did so every 4-5 years.

This sluggishness cost them market share in the United States and forced them to discount their cars and trucks to spur sales. Those practices, coupled with the U.S. economic recession, pushed GM and Chrysler to file for bankruptcy protection in 2009.

FORD, GM LEAD PACK

But over the next four years, Ford and GM will refresh their lineups faster than other major automakers.

On average, automakers plan to replace 23 percent of their lineups for the 2013 to 2016 model years, well above the historical rate of 16 percent.

Ford, the No. 2 U.S. automaker, will lead the pack with a 26 percent replacement rate, while GM plans to replace a quarter of its lineup through the 2016 model year.

Bank of America Merrill Lynch analysts said Ford could boost its U.S. market share to 16 percent by 2015 on the strength of its new models. GM's launches should help the largest U.S. automaker at least cement its position.

Toyota Motor Corp <TM.N> (>> Toyota Motor Corp.) will boast a rate of 24 percent and Nissan Motor Co (>> Nissan Motor) will replace 23 percent of its lineup by 2016 - in line with the industry's average, according to the report.

Korean upstarts Hyundai Motor Co (>> Hyundai Motor Co) and its partner Kia Motors (>> Kia Motors Corporation) may give back some of their gains in the U.S. market because their 18 percent replacement rate is the lowest of the major automakers.

Chrysler Group LLC, majority owned by Italian automaker Fiat SpA, and Honda Motor Co's, the second-largest Japanese automaker, will both refresh 20 percent of their lineups.

Chrysler, majority owned by Fiat SpA (>> Fiat SpA), is at one of the "toughest points of its product cycle" because the smallest U.S. automaker will not launch its Ram pickup truck until the 2017 model year, the report said.

(Reporting by Deepa Seetharaman; Editing by Richard Chang)

By Deepa Seetharaman

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NISSAN MOTOR CO LTD
04/25 NISSAN MOTOR : Fatal Water Street collision claims one
04/25 NISSAN MOTOR : Altima bags Melcoty Award
04/25 MITSUBISHI MOTORS : M'bishi Motors opens plant in Indonesia, looks to synergy wi..
04/25 NISSAN MOTOR : Man, woman killed in Refugio County wreck
04/25 NISSAN MOTOR : Mitsubishi's new Indonesia plant studying production of Nissan de..
04/25 NISSAN MOTOR : Reviewing the Nigerian automotive policy
04/25 NISSAN MOTOR : 'This one picture shows our strength'
04/24 NISSAN MOTOR : Sheriff’s Office investigates crash
04/24 NISSAN MOTOR : Mineral County special education teacher arrested on drug charges
04/23 NISSAN MOTOR : Vehicle flees after near-collision with motorcyclist on Highway 4..
More news
Sector news : Auto & Truck Manufacturers - NEC
04/25 Germany opposes key EU car emission test reforms -document
04/25 Volvo profit jumps on cost cuts and strong truck demand
04/25 NISSAN MOTOR : Mitsubishi's new Indonesia plant studying production of Nissan de..
04/25DJGENERAL MOTORS : GM Loses Bid to Curb Ignition Suits -- WSJ
04/24DJGENERAL MOTORS : GM Loses Legal Bid to Limit Fallout From Ignition Switch Cases ..
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
04/25 WALL STREET BREAKFAST : Border Wall, Taxes And Tariffs
04/25 Full Mitsubishi-Nissan merger not happening
04/24 THE NEW U.S. CAR SALES KING : Nissan Rogue
04/19 Implications Of Apple's Entry In The Autonomous Driving Space
04/19 NISSAN MARCH EUROPEAN CAR REGISTRATI : +18%
Advertisement
Financials ( JPY)
Sales 2017 11 622 546 M
EBIT 2017 700 000 M
Net income 2017 583 035 M
Debt 2017 5 612 178 M
Yield 2017 4,63%
P/E ratio 2017 7,05
P/E ratio 2018 6,63
EV / Sales 2017 0,86x
EV / Sales 2018 0,82x
Capitalization 4 387 433 M
More Financials
Chart NISSAN MOTOR CO LTD
Duration : Period :
Nissan Motor Co Ltd Technical Analysis Chart | 7201 | JP3672400003 | 4-Traders
Full-screen chart
Technical analysis trends NISSAN MOTOR CO LTD
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 1 338  JPY
Spread / Average Target 29%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hiroto Saikawa Vice Chairman, President & Chief Executive Officer
Carlos Ghosn Bichara Chairman
Joseph G. Peter CFO, Head-Investor Relations & Accounting
Celso Guiotoko Chief Information Officer
Takao Asami Senior Managing Executive Officer & Head-Research
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NISSAN MOTOR CO LTD-11.25%39 816
TOYOTA MOTOR CORP-12.75%174 324
VOLKSWAGEN AG7.61%79 253
DAIMLER AG-4.16%78 790
BAYERISCHE MOTOREN WER..-1.49%61 633
HONDA MOTOR CO LTD-6.48%52 029
More Results