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Durable Goods Sector: Auto Manufacturers. To be presented by Paul & Peter to the Maxidigm Investment Club. Car & Truck Sales. Domestic & Import Car Sales. Domestic & Import Truck Sales. Imports Nearing 40% of U.S. Market Share. Industry Outlook.
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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