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Technical Trade Alerts on Auto Manufacturer Stocks: TM, DAI, HMC, F, GM, TTM

Leading auto manufacturing companies are taking a hit in the current market crisis; but many still move the market with news of recent financial results, management changes, model launches and acquisitions.

(EMAILWIRE.COM, October 25, 2008 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering auto manufacturer stocks: Toyota Motor Corp. (NYSE: TM), Daimler AG (NYSE: DAI), Honda Motor Co. Ltd. (NYSE: HMC), Ford Motor Co. (NYSE: F), General Motors Corp. (NYSE: GM) and Tata Motors Ltd. (NYSE: TTM).

In the Trade Alert, the author highlights Toyota’s first drop in seven years in quarterly profits:

“Toyota operates in the automotive industry worldwide. It engages in the design, manufacture, assembly and sale of passenger cars, minivans, and trucks and related parts and accessories. … According to a published report, the company recently reported a decline in quarterly sales for the first time in seven years. Down 4.3% from the previous year, Toyota sold about 2.236 million vehicles worldwide in the quarter ended September 30. The company's U.S. sales in the third quarter slumped 18% to 553,217 vehicles compared to the same period last year.”

The Trade Alert author also features Daimler’s third quarter net profit and news the company is cutting its 2008 earnings forecast:

“Daimler engages in the development, manufacture, distribution and sale of automotive products, including passenger cars, trucks, vans and buses worldwide. … The company recently recorded a third quarter net profit and cut its 2008 earnings forecast as the economic crisis dampens demand in the auto market. For the quarter ended September 30, Daimler reported a net profit of €200 million, compared with a year-earlier net loss of €1.55 billion, when it booked €2.6 billion in charges related to the sale of most of U.S. carmaker Chrysler LLC. However, revenue fell 7.3% to €23.8 billion, battered by a steep sales decline in the United States.”


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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT OR WEB SITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us


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