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Join Paul and Peter as they present insights to the Maxidigm Investment Club on current trends in the auto manufacturing sector. Explore the latest in car and truck sales, with imports claiming nearly 40% of the U.S. market share. Discover the driving forces behind the rise in truck sales, including the success of premium brands like Lexus and Acura, and the transition towards high-profit margin models. As consumer spending increases, the impact of financing rates on domestic and import vehicles will also be analyzed.
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Durable Goods Sector:Auto Manufacturers To be presented by Paul & Peter to the Maxidigm Investment Club
Industry Outlook • Highest growth in truck sales, fuelled by SUV. • Success of premium brands: Lexus, Acura, Infiniti • Growth in high profit margin models • Boomer’s increasing level of disposable income • Imports now 40% of US sales • Achieved even after the 0% financing on domestic models vs. the 5%+ financing on import models
Nissan / Infiniti 2002 Nissan Altima 2002 Pathfinder 2003 Infiniti G35
Honda / Acura 2002 CRV 2003 Accord 2002 MDX 2003 Pilot
Honda Happenings • All new designs should boost sales • 2002 CRV is all new for 2002 • RSX replaces the 2 door Integra in 2002 • 2003 Pilot (in June) to give others serious competition • New US plant / Cdn Expansion to meet demand of • MDX and expected demand of the Pilot • Odyssey • Best selling vehicle • 2001 Accord number one seller in US • 2003 Accord to be introduced in the fall
Toyota / Lexus 2002 RX300 2002 RAV4 2002 Sequoia 2002 Camry 2002 Highlander 2003 Matrix
HMC, NSANY, TM Yahoo reports P/E = 8.1? for HMC