Research And Markets Research And Markets

Industry Report Card: Global Automakers Mar 04

  • ID: 1710385
  • March 2004
  • Region: Global
  • Standard & Poors
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  • AB Volvo
  • Fiat SpA
  • Hyundai Motor Co.
  • Nissan Motor Co. Ltd.
  • Renault S.A.
  • Tata Motors Ltd.
  • MORE

Although 2004 has gotten off to a sluggish start, Standard & Poor's Ratings Services still expects auto demand in the U.S. market to experience a cyclical uplift for the full year. Standard & Poor's expects U.S. light-vehicle sales to total approximately 16.8 million units in 2004, up from 16.6 million units in 2003. Better general economic conditions should enable some abatement of price competition. However, the "pull-forward" effect of past price discounting, plus the dampening effects of rising interest rates, declining lease terminations, and lengthening consumer auto loan terms will all constrain the extent of volume and pricing improvement. Difficult long-term trends will predominate, with the maturity of the market in North America and Western Europe, the proliferation of competing...

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Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

Note: Product cover images may vary from those shown
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- Ford Motor Co.
- Motors Liquidation Co. (fka General Motors Corp.)
- AB Volvo
- Renault S.A.
- Nissan Motor Co. Ltd.
- Daimler AG
- Navistar International Corp.
- Honda Motor Co. Ltd.
- Toyota Motor Corp.
- Fiat SpA
- Peugeot S.A.
- Volkswagen AG
- Tata Motors Ltd.
- Hyundai Motor Co.
- Mitsubishi Motors Corp.
- Suzuki Motor Corp.
- Kia Motors Corp.
- Scania (publ.) AB

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown