Car Manufacturers

Daily Market Commentary for February 3, 2009 from Millennium-Traders.Com

Auto sales data for the month of January released today by car manufacturers was horrific. (read more)

Economic data released today:

Pending Home Sales Index:
U.S. Pending Home Sales Index rose by 6.3% in December according to the National Association for Realtors.

Motor Vehicle Sales:

Ford Motor Company January sales data:
January Light Vehicle Sales 90,131 versus 155,753; January SUV Sales 7,283 versus 15,398, down 52.7%; January Crossover Utility Vehicle Sales 20,147, down 32.1%; January total Sales Down 42.1%; January F-Series Sales 25,237 versus 41,125, Down 38.6%; January Ford ***** Sales 79,322 versus 131,074, Down 39.5%; January Fusion Sales 8,152 versus 9,183, Down 11.2%; U.S. Industry Retail Sales Down 30% in January; Most of Industry Decline in January is Fleet Sales; Lowered Car, Truck Inventory by 27% in 2008; January U.S. Sales Down 39%; Industry Sales may hit Decades Low and Ford January Volvo Sales 2,910 versus 8,036.

General Motors January sales data:
January Light Vehicle Sales 128,198 versus 250,926, Down 48.9%; January Fleet Sales of just more than 13,000 Vehicles at Lowest Levels since 1975; January Light Truck Sales 84,255 versus 146,552, Down 42.5%; January Truck Sales 85,284 versus 148,191, Down 42.4%; January Car Sales 43,943 versus 104,374, Down 57.9%; Important for America to know Chevy fully Competitive with Honda, Toyota in Cars, Crossovers; January Sales 129,227 Vehicles versus 252,565, Down 48.8%; Had Seen 1Q North American Production 420,000 Vehicles; Cuts 1Q North American Production to 380,000 Vehicles; Cars And Crossovers were 65% of GM Retail Vehicles Sold; 129,227 Deliveries in January; Certified Used Vehicles January Sales of 33,695 Vehicles, Up 1% from year earlier; Says Results Driven by 80% Drop in Fleet Sales; Estimates January Auto Market SAAR 9.8 Million; Estimates January Light-Vehicle SAAR 9.5 Million; Says Average Vehicle Transaction in January was $27,000.

Porsche January sales data:
1,658 Units versus 2,595, Down 36%; Porsche North America January Sales at 1,746 Cars; Porsche North America January Car Sales -36% on Year.
Daimler AG January sales data: 35.5 % Decrease for the Mercedes-Benz Cars Division in the U.S. for January 2009; Mercedes-Benz USA January Sales Down 42.9%.

Toyota Motor January sales data:
USA Sales 117,287 versus 171,849; USA Sales 117,287 vehicles; USA Sales Down 31.7%; January Passenger Car Sales 67,263 versus 94,586; January Light Truck Sales 50,024 versus 77,263.

Infiniti January sales data:
January Sales 7,115 Units versus 8,644 Units, Down 20.9%.

Nissan January sales data:
North American January Sales 53,884 Units versus 76,605;
Sales Down 29.7%; Vehicles Saw Sales of 46,769 in January versus 67,961 Units Year Ago;
January Sales 46,789 Units versus 67,961 Units, Down 31.2%;

American Honda January sales data:
Sales 71,031 versus 98,511; Unadjusted Sales Down 27.9%; 7,856 Vehicles versus 11,168 Vehicles.
Honda Acura January sales data: Sales Down 29.7%; Total Sales 2,406, Down 32.4%.

Audi January sales data:
U.S. Sales 4,722 versus 6,418.

Hyundai Motor January sales data:
North American Sales 24,512; Sales Rose 14% on Assurance Program.

Mazda January sales data:
North American Sales 15,420 Vehicles versus 21,212; North American Sales Down 27.3%; North American Truck Sales 3,327 versus 5,681, Down 41.4%.

Kia Motors January sales data:
North American Sales 22,096 versus 21,355; North American Sales Up 3.5%.

Subaru of America January sales data:
Sales 12,194 versus 11,289; Up 8%.

Chrysler January sales data:
Sales Down 54.8%; Jeep Wrangler Sales 6,362 versus 6,137; Sales 62,157 versus 137,392; Had 151-Day Inventory at Month-End; 10,685 Vehicles versus 34,372 Vehicles, Down 69.9%; Finished Month with 359,980 Units; If January Trend Continues, Industry Could See 10M, Fewer Vehicles Sold in 2009; Dodge Challenger Sales 2,757 Units; Jeep ***** Sales 16,834 versus 33,136, Down 49.2%; Fleet Sales Down 81% from Year-Earlier; Total January Car Sales 15,747 versus 45,763 Year-Ago; Total January Truck Sales 46,410 versus 91,629 Year-Ago; 'Consumer Credit, versus Consumer Demand, Influenced' January Sales; Had told Congress Industry Would Sell 11.1M Units in 2009.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit gain of 141.53 points to end the trading session at 8,078.36
NYSE (New York Stock Exchange) triple digit gain of 101.55 points to end the trading session at 5,288.02
National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 21.87 points to end the trading session at 1,516.30
S&P 500 (SPX) gain of 13.07 points to end the trading session at 838.51
BEL 20 (BEL20) gain of 25.04 points to end the trading session at 1,883.81
CAC 40 (CAC40) gain of 52.34 points to end the trading session at 2,982.39
FTSE100 (UKX100) gain of 86.68 points to end the trading session at 4,164.46
NIKKEI 225 (NIK/O) loss of 48.47 points at the end the trading session at 7,825.51

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,839, declined stock prices 1,218, unchanged stock prices 111, stock prices hitting new highs 5 and stock prices hitting new lows 89.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,562, declined stock prices 1,182, unchanged stock prices 154, stock prices hitting new highs 13 and stock prices hitting new lows 112.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 328, declined stock prices 243, unchanged stock prices 60, stock prices hitting new highs n/a and stock prices hitting new lows 10.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 831.75; Change for the trading session 10.50
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,207.75; Change for the trading session 19.00
E-mini DOW $5 (YM) Mar 09: End of trading session price 7,987; Change for the trading session 100
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 500; Change for the trading session 3.40
E-mini S&P Small Cap 600 (HS) Mar 09: End of trading session price 7,895; Change for the trading session 80

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7666 to U.S. Dollars 1.3045
Japanese Yen 89.310 to U.S. Dollars 0.0112
British Pound 0.6913 to U.S. Dollars 1.4466
Canadian Dollar 1.2304 to U.S. Dollars 0.8127
Swiss Franc 1.1421 to U.S. Dollars 0.8756

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (March 09) gained $0.70 on the trading session for a closing price of $40.78 per barrel ($US per barrel)
Heating Oil (March 09) shed $0.02 on the trading session for a closing price of $1.33 a gallon ($US per gallon)
Natural Gas (March 09) shed $0.04 on the trading session for a closing price of $4.51 per million BTU ($US per mmbtu.)
Unleaded Gas (March 09) gained $0.02 on the trading session for a closing price of $1.17 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 09) shed $14.70 on the trading session for a closing price of $892.50 ($US per Troy ounce)
Silver (March 09) shed $0.12 on the trading session for a closing price of $12.30 ($US per Troy ounce)
Platinum (April 09) shed $15.60 on the trading session for a closing price of $967.50 ($US per Troy ounce)
Copper (March 09) gained $0.09 on the trading session for a closing price of $1.52 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) gained 0.48 on the trading session for a closing price of 62.15
Pork Bellies (March 09) shed 0.35 on the trading session for a closing price of 82.00
Live Cattle (April 09) shed 0.70 on the trading session for a closing price of 86.13
Feeder Cattle (March 09) shed 0.58 on the trading session for a closing price of 93.43

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (March 09) shed 8.75 on the trading session for a closing price of 361.00
Soybeans (March 09) shed 13.50 on the trading session for a closing price of 946.00

BOND MARKET:

2 year Bond Closing price 99 26/32, change 5/32, Yield 0.96, Yield change 0.07
5 year Bond closing price of 99 14/32, change 17/32, Yield 1.86, Yield change 0.11
10 year Bond closing price 107 12/32, change 1 12/32, Yield 2.87, Yield change 0.15
30 year Bond closing price 115 23/32, change 3, Yield 3.62, Yield change 0.15

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