Commercial Insurance Knowledge (Free subscription) | 05/09/2008
JPMorgan auto analyst Himanshu Patel and economic analyst Marc Levinson said in a research report that the average price of a new vehicle in the second quarter fell 2.3 percent from a year earlier to $25,632, … Bookmark To:
Forbes (Free subscription) | 29/09/2008
... was cutting its guidance for the third quarter due to macroeconomic conditions. JPMorgan analyst Himanshu Patel said he had lowered his expectations for Gentex earlier in the year due to production weakness in the U.S. and Europe, but he was forced to lower expectations again upon the news. He had expected the uptick in rear-camera display mirrors to get Gentex through the rocky economic...
Market Watch (Free subscription) | 11/09/2008
SAN FRANCISCO (MarketWatch) -- General Motors Corp. and Ford Motor Co. both saw their stocks buck early market weakness Thursday after J.P. Morgan said an expected $25 billion in loans would dramatically ease concerns of potential bankruptcies. Analyst Himanshu Patel said it is becoming more likely that the troubled auto industry will receive significant federal loans in the near future,...
Detroit Free Press (Free subscription) | 12/09/2008
Shares of General Motors Corp. rose 11.6% Thursday after a Wall Street analyst said a $25-billion government loan package for the auto industry would "notably reduce bankruptcy risk" for the automaker.JPMorgan analyst Himanshu Patel suggested the markets had not priced the chances of the loans passing Congress and winning approval from President George W. Bush. GM's shares rose steadily...
Market Watch (Free subscription) | 12/09/2008
... expected $25 billion in loans would dramatically ease concerns of potential bankruptcies. Analyst Himanshu Patel said it is becoming more likely the industry will receive "significant" federal loans in the near future, with both presidential candidates supporting at least $25 billion in funding. He added that GM's risk profile, in particular, should improve markedly. Deutsche Bank's...
The Earth Times Online Newspaper (Free subscription) | 11/09/2008
... would allow them to retool factories and fund development of new technologies.JPMorgan analyst Himanshu Patel said in a research note that a majority of the loans -- as much as 75 percent -- could go to Detroit's Big 3 automakers.That would notably reduce their bankruptcy risk, he added."GM's risk profile in particular could improve markedly -- potential federal loans would in effect...
Reuters (Free subscription) | 11/09/2008
... would allow them to retool factories and fund development of new technologies.JPMorgan analyst Himanshu Patel said in a research note that a majority of the loans -- as much as 75 percent -- could go to Detroit's Big 3 automakers.That would notably reduce their bankruptcy risk, he added."GM's risk profile in particular could improve markedly -- potential federal loans would in effect...
Indy Star (Free subscription) | 05/09/2008
NEW YORK » New vehicle prices are falling at the fastest rate ever recorded, a team of analysts said Thursday, squeezing automakers' profit margins at a time of slumping sales but setting the stage for a sales rebound once the economy improves. JPMorgan auto analyst Himanshu Patel and economic analyst Marc Levinson said in a research report that the average price of a new vehicle in the...
San Fransisco Chronicle (Free subscription) | 04/09/2008
JPMorgan Chase & Co. auto analyst Himanshu Patel and economic analyst Marc Levinson said in a research report that the average price of a new vehicle in the second quarter fell 2.3 percent from a year earlier to $25,632, citing government data. That's the steepest drop recorded in the bank's 41-year-old survey, the analysts said.
