Big Three All are Winners in 2013

Big Three All are Winners in 2013 (Bloomberg)

For only the second time in decades, all of America’s “Big Three” automakers will increase market share for the year faster than the industry average. According to the Automotive News Data Center, the only other time that happened was in 2011, when the Japanese tsunami obliterated months of manufacturing Toyotas and Hondas. Better still for the industry, growth doesn’t seem to be tied to one make or model of car, such as when SUVs powered sales in the 90s. Now, with what Kevin Tynan of Bloomberg calls “the most competitive lineups in a generation,” Americans are buying U.S. cars ranging from luxurious Cadillacs to Dodge value-branded cars to Ford Fusion hybrids. No, according to Tynan again, the Big Three are moving volume without having to slash pricing, as the overall attractiveness of their cars, along with the improved gas mileage, makes them more than competitive with the models coming in from Asia. For investors in 2014, this trend doesn’t look like it’s going to let up any time soon. So, it might be time to stock up on Ford (F), General Motors (GM) or Chrysler (DAI), which now is part of Daimler AG.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

Recent Posts

Slow GO: Is a Bear Market and Hard Landing Coming?

“Congratulations on your work. It has been a long slog to get the national accounts…

2 days ago

Broken Wing Butterfly and Butterfly Spread – Option Trading Strategies

The broken wing butterfly and the butterfly spread are two different types of option trading…

2 days ago

Bear Call Spread and Bear Put Spread – Option Trading Strategies

The bear call spread and the bear put spread are option strategies used when an…

2 days ago

When Mises Met MMA

It’s not often that you hear the brilliant Austrian school economist Ludwig von Mises referenced…

3 days ago

ETF Talk: Tapping into the Power of Language with This Communications ETF

While Charles Dickens’s famous statement, “It was the best of times, it was the worst…

3 days ago

Five Advantages to Day-Trading with a 90% Win Rate

Five advantages to day-trading with a 90% win rate offer a tempting opportunity. The five…

4 days ago