123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Harver Group Recommends American Auto-makers To Private Investors

By Author: Harver Group
Total Articles: 26

Aug. 07, 2013 - CHUO-KU, Japan -- Sales are booming for American auto-makers Ford and General Motors. Before the 2008 financial crisis, approximately 16 to 17 million cars and trucks were sold yearly in North America. In 2009 the figure fell to 10.4 million, but last year it bounced back to 14.4 million. Analysts at Harver Group believe auto sales will reach 15.4 million this year and that this figure will reach 18 million within five years.

Harver Group Analysts have identified five key factors that indicate that auto-makers will reach the sales figure and restore profitability;

1. The average age of cars on the road is continues to increase, recently reaching a record of 10.6 years.
2. Finance rates are and will remain low for the next several years. It is unlikely that the Federal Reserve will increase rates that determine auto loans. Auto dealers have reported that obtaining credit is much easier than it was a few years ago.
3. Ford and General Motors will soon launch a number of new vehicles, which will stimulate demand and drive consumers into the showrooms.
4. As new home construction rebounds with its own demand factors, will cause a wave of pick-up truck sales.
5. In 2007 the average auto worker earned $75 an hour in wages and benefits, now this figure has decreased to $55. Assembly-line automation has become more prevalent, meaning more cars are made with fewer workers and higher profits.

The final hurtle of returning to maximum profitability for Ford and General Motors is Europe. Both companies are reworking their cost structure in Europe, which could bring break-even results by next year. Our analysts predicts auto sales to fall to 16.7 million cars this year, but bounce back in 2015 selling 17.7
Million cars returning the manufactures to profit.

“Our analysts recommended buying both stocks with target values for Ford and General Motors of $20 and $47 respectively” said Peter Anderson, Senior Vice President of Mergers and Acquisitions at Harver Group in Tokyo.

Total Views: 107Word Count: 329See All articles From Author

General Articles

1. Why Eye Creams Are Important
Author: PharmacyOnNet

2. Preparing For Usa Basketball Tours Understanding The Organisations And Categories
Author: Brett Rainbow

3. Ipad Vs Smartphone Who Will Win The Experience Battle?
Author: Patrik Murphy

4. Avail The Service Of Radius Moving For Best Moving Experience
Author: radiusmoving

5. Hermal Mass Flow Meters - Finding A Value In Many Industries
Author: satheesh

6. A New Example For Cyber Threat Hunting
Author: Bradon Wilson

7. What To Do If Windows Is Unable To Run The Software Protection Service On A Local Computer.
Author: Bradon Wilson

8. The Hidden, Emotional Effects Of Acne
Author: Rahul Sharma

9. Importance Of Prescribed Supplements For Your Healthy Growth
Author: seotechincalteam

10. How Can I Invest In Cryptocurrency ?
Author: CryptoCoinX

11. Pharmasynth Offers Best Pcd Pharma Franchisee Opportunities For Business Partners
Author: jacobkayles

12. Ich Liebe Die Tatsache, Dass Es Zwei Kleider In Einem Geben Kann
Author: mekleid.de

13. Celebrate Your Partner’s Birthday By Sending A Stunning Flower Box
Author: Carl Glendon

14. What Happens During A Recession?
Author: Millennium-fx

15. Important Gold Trading Tips For Beginners
Author: Millennium-fx

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: