Research and Markets: Fiat's Stock Price Has Nearly Doubled in the Past Year While Ford is Down
DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c61881) has announced the addition of In it for the Money, Who’s Making it? A Financial Review of the World’s Top Car Groups – 2007 Edition – Management Briefing to their offering.
It has been an extraordinary year for the car industry. During 2006, comparative valuations of the major companies swung around massively as shareholders tried to get to grips with which of the stocks would survive the structural changes that are sweeping through the sector.
So big are these companies and so slow are they to adapt, that years have passed with only moderate movement in share price. In the last 12 months though, we have had so much variety that there are prices that are down on a year earlier – like Ford – and prices that have nearly doubled, like Fiat.
Seemingly, small events have triggered massive reactions, which have seen huge volumes of shares being traded. The most startling example has been Porsche, whose share price doubled because it bought into Volkswagen, and Volkswagen whose value was up 1.2 times within the year because its shares were bought by Porsche. That is a rare case of conjuring a win-win out of thin air.
The car groups' share price performances The cost of technology change Competitive pressures Eastern Europe Management changes Comparisons of the major car groups' financial status VW Renault PSA Peugeot Citroen GM BMW Fiat DaimlerChrysler Ford List of tables Table 1: Car groups' share price performance (12 months to end - March 2007, % year-on-year change) Table 2: Top four risers in Western European market share (12 months to end - February 2007) Table 3: Major vehiclemakers' group and brand market shares in Western Europe (12 months to end - February 2007, % and year-on-year % change) Table 4: Vehiclemakers' market shares in US (12 months to end - February 2007, % and year-on-year % change) Table 5: Market share change by national groups (12 months to end - February 2007, % and year-on-year % change) Table 6: Market share change by major vehiclemaker (12 months to end - February 2007, % and year-on-year % change) Table 7: Car group market values at end - March 2007 (US$bn) Table 8: Car group operating margins (earnings before interest and tax as % of sales) Companies Mentioned: VW Renault PSA Peugeot Citroen GM BMW Fiat DaimlerChrysler Ford
For more information visit http://www.researchandmarkets.com/reports/c61881