UBS Research: Automobiles http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschstockrschsector&IndCatCode=ATO&MarketCode=GL&MarketCap=X UBS Research: Autobiles en Copyright (C) UBS 2010. All rights reserved. eMarketing@ubs.com eMarketing@ubs.com Tue, 9 Feb 2010 Wed, 10 Feb 2010 60 http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschrss http://research.ibb.ubs.com:80/images/logo.gif UBS http://www.ubs.com 160 44 <![CDATA[First Read: PSA "Faurecia debt deconsolidation likely" (Buy) Houchois]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72971|native|public Regions
  • Europe Including UK

  • Europe Ex. UK

  • France

  • Global

  • UBSW EMEA


Sectors
  • European Automobile Manufacturers

  • European Ex. UK Automobile Manufacturers

  • French Automobile Manufacturers

  • Global Automobile Manufacturers

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • French Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Automobiles

  • European Ex. UK Automobiles

  • French Automobiles

  • Global Automobiles


Companies
  • PEUP.PA PSA


Subjects
  • Market Strategy / Comment

  • Morning Note

]]> Philippe Houchois PEUP.PA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72971|native|public|20100209124721 Tue, 9 Feb 2010 <![CDATA[US Auto Dealers - Quarterly Preview "Dealer Reclassification May Help SAH"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86034|native|public Regions
  • Global

  • Americas


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Americas Automobile Manufacturers

  • Americas Consumer, Cyclical

  • Americas Automobiles

  • Americas Auto Parts & Tires


Companies
  • F.N Ford

  • MTLQQ.PK Motors Liquidation

  • KMX.N CarMax

  • AN.N AutoNation

  • SAH.N Sonic Automotive


Subjects
  • Industry Overview

  • Morning Note

]]> Colin Langan, CFA F.N MTLQQ.PK KMX.N AN.N SAH.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez86034|native|public|20100209025730 Tue, 9 Feb 2010 <![CDATA[Nissan "Q3 results far above estimates, full-year net profitability in sight"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18786|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Japanese Automobile Manufacturers

  • Japanese Consumer, Cyclical

  • Japanese Automobiles


Companies
  • 7201.T Nissan


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Tatsuo Yoshida 7201.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18786|native|public|20100208181600 Mon, 8 Feb 2010 <![CDATA[Webcast: European Trucks - Single MAN looking - Stahl]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72905|native|public Regions
  • Germany

  • Europe Including UK

  • Europe Ex. UK

  • Global

  • Sweden

  • Nordic

  • UBSW EMEA


Sectors
  • German Automobile Manufacturers

  • German Industrial, Diversified

  • European Automobile Manufacturers

  • European Industrial, Diversified

  • European Ex. UK Automobile Manufacturers

  • European Ex. UK Industrial, Diversified

  • Global Automobile Manufacturers

  • Global Industrial, Diversified

  • Swedish Land Transportation Equipment

  • European Land Transportation Equipment

  • European Ex. UK Land Transportation Equipment

  • Global Land Transportation Equipment

  • German Consumer, Cyclical

  • German Industrial

  • European Consumer, Cyclical

  • European Industrial

  • European Industrial Transportation

  • European Ex. UK Consumer, Cyclical

  • European Ex. UK Industrial

  • European Ex. UK Industrial Transportation

  • Global Consumer, Cyclical

  • Global Industrial

  • Global Industrial Transportation

  • Swedish Industrial

  • Swedish Industrial Transportation

  • German Automobiles

  • German Industrial Goods & Services

  • European Automobiles

  • European Industrial Goods & Services

  • European Ex. UK Automobiles

  • European Ex. UK Industrial Goods & Services

  • Global Automobiles

  • Global Industrial Goods & Services

  • Swedish Industrial Goods & Services

  • Nordic Industrial

  • Nordic Industrial Goods & Services

  • Nordic Land Transportation Equipment

  • Nordic Industrial Transportation


Companies
  • MANG.DE MAN

  • VOWG.DE Volkswagen

  • SCVb.ST Scania


]]> Fredric Stahl, CFA MANG.DE VOWG.DE SCVb.ST http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72905|native|public|20100208164000 Mon, 8 Feb 2010 <![CDATA[BMW "Confident management at 5-Series launch" (Neutral) Houchois]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72842|native|public Regions
  • Germany

  • Europe Including UK

  • Europe Ex. UK

  • Global

  • UBSW EMEA


Sectors
  • German Automobile Manufacturers

  • European Automobile Manufacturers

  • European Ex. UK Automobile Manufacturers

  • Global Automobile Manufacturers

  • German Consumer, Cyclical

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • Global Consumer, Cyclical

  • German Automobiles

  • European Automobiles

  • European Ex. UK Automobiles

  • Global Automobiles


Companies
  • BMWG.F BMW


Subjects
  • Company Update

  • Market Strategy / Comment

  • Operating Results

  • Morning Note

]]> Philippe Houchois BMWG.F http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72842|native|public|20100208040024 Mon, 8 Feb 2010 <![CDATA[Lear Corp. "Strong Q4 Beat; Raising Price Target" (Buy) Langan]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85957|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Auto Parts

  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Americas Auto Parts

  • US Auto Parts

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Automobiles

  • US Automobiles

  • US Auto Parts & Tires

  • Americas Auto Parts & Tires

  • North American Automobiles

  • North American Auto Parts & Tires

  • North American Auto Parts

  • North American Consumer, Cyclical


Companies
  • LEA.N Lear Corp.


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Colin Langan, CFA LEA.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85957|native|public|20100207202135 Sun, 7 Feb 2010 <![CDATA[Keihin "Restructuring effects emerge, domestic profitability in sight"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18761|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Auto Parts

  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Japanese Auto Parts

  • Japanese Consumer, Cyclical

  • Japanese Automobiles

  • Japanese Auto Parts & Tires


Companies
  • 7251.T Keihin


Subjects
  • Company Update

  • Morning Note

]]> Kunihiro Matsumoto 7251.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18761|native|public|20100207173000 Sun, 7 Feb 2010 <![CDATA[Domestic Tyre Sales "Jan: replacement vehicle tyres +2.4% yoy, net vehicle ..."]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18758|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Japanese Consumer, Cyclical

  • Japanese Automobiles

  • Japanese Auto Parts & Tires


Companies
  • F.N Ford

  • 5108.T Bridgestone

  • 6902.T Denso

  • 7201.T Nissan

  • 7203.T Toyota

  • 7248.T Calsonic Kansei

  • 7259.T Aisin Seiki

  • 7267.T Honda

  • 7269.T Suzuki Motor

  • 3116.T Toyota Boshoku

  • 5101.T Yokohama Rubber

  • 5105.T Toyo Tire & Rubber

  • 5110.T Sumitomo Rubber

  • 5191.T Tokai Rubber

  • 6201.T Toyota Industries

  • 6923.T Stanley Electric

  • 6995.T Tokai Rika

  • 7230.T Nissin Kogyo

  • 7240.T NOK

  • 7251.T Keihin

  • 7274.T Showa

  • 7276.T Koito Mfg.

  • 7278.T Exedy

  • 7282.T Toyoda Gosei

  • 7296.T F.C.C.

  • 7220.T Musashi Seimitsu

  • 7312.T Takata


Subjects
  • Industry Overview

  • Morning Note

]]> Kunihiro Matsumoto F.N 5108.T 6902.T 7201.T 7203.T 7248.T 7259.T 7267.T 7269.T 3116.T 5101.T 5105.T 5110.T 5191.T 6201.T 6923.T 6995.T 7230.T 7240.T 7251.T 7274.T 7276.T 7278.T 7282.T 7296.T 7220.T 7312.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18758|native|public|20100207162700 Sun, 7 Feb 2010 <![CDATA[TS Tech "North American business slow to move into profit, but no change in ..."]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18733|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Auto Parts

  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Japanese Auto Parts

  • Japanese Consumer, Cyclical

  • Japanese Automobiles

  • Japanese Auto Parts & Tires


Companies
  • 7313.T TS Tech


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Shingo Hirata 7313.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18733|native|public|20100205150420 Fri, 5 Feb 2010 <![CDATA[First Read: Lear Corp. "Beat Driven by Improved Margins" (Buy) Langan]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85922|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Auto Parts

  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Americas Auto Parts

  • US Auto Parts

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Automobiles

  • US Automobiles

  • US Auto Parts & Tires

  • Americas Auto Parts & Tires

  • North American Automobiles

  • North American Auto Parts & Tires

  • North American Auto Parts

  • North American Consumer, Cyclical


Companies
  • LEA.N Lear Corp.


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Colin Langan, CFA LEA.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85922|native|public|20100205135626 Fri, 5 Feb 2010 <![CDATA[European Auto Sector Weekly "VW: Less capital or more deals" 05-Feb-2010]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72746|native|public Regions
  • Europe Including UK

  • Europe Ex. UK

  • Global


Sectors
  • European Automobile Manufacturers

  • Global Automobile Manufacturers

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Automobiles

  • European Ex. UK Automobiles

  • Global Automobiles

  • European Ex. UK Auto Parts & Tires

  • Global Auto Parts & Tires


Companies
  • BMWG.F BMW

  • PSHG_p.DE Porsche

  • VOWG.DE Volkswagen

  • VLOF.PA Valeo

  • RENA.PA Renault

  • PEUP.PA PSA

  • FIA.MI Fiat

  • DAIGn.F Daimler

  • GKN.L GKN

  • VOWG_p.F Volkswagen Pref

  • 000270.KS Kia Motors

  • 005380.KS Hyundai Motor

  • 000240.KS Hankook Tire

  • F.N Ford

  • 7203.T Toyota

  • 7267.T Honda


Subjects
  • Industry Overview

  • Morning Note

]]> Philippe Houchois BMWG.F PSHG_p.DE VOWG.DE VLOF.PA RENA.PA PEUP.PA FIA.MI DAIGn.F GKN.L VOWG_p.F 000270.KS 005380.KS 000240.KS F.N 7203.T 7267.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72746|native|public|20100205040012 Fri, 5 Feb 2010 <![CDATA[Mazda Motor "Results as expected, full-year operating profitability target ..."]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18737|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Japanese Automobile Manufacturers

  • Japanese Consumer, Cyclical

  • Japanese Automobiles


Companies
  • 7261.T Mazda Motor


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Tatsuo Yoshida 7261.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18737|native|public|20100205023900 Fri, 5 Feb 2010 <![CDATA[Suzuki Motor "Earnings too dependent on India and parent-company ..."]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18741|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Japanese Automobile Manufacturers

  • Japanese Consumer, Cyclical

  • Japanese Automobiles


Companies
  • 7269.T Suzuki Motor


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Tatsuo Yoshida 7269.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18741|native|public|20100204182500 Thu, 4 Feb 2010 <![CDATA[Volkswagen Pref "Still pointing to less capital or more deals" (Buy) Houchois]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72700|native|public Regions
  • Germany

  • Europe Including UK

  • Europe Ex. UK

  • Global

  • UBSW EMEA


Sectors
  • German Automobile Manufacturers

  • European Automobile Manufacturers

  • European Ex. UK Automobile Manufacturers

  • Global Automobile Manufacturers

  • German Consumer, Cyclical

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • Global Consumer, Cyclical

  • German Automobiles

  • European Automobiles

  • European Ex. UK Automobiles

  • Global Automobiles


Companies
  • PSHG_p.DE Porsche

  • VOWG.DE Volkswagen

  • VOWG_p.F Volkswagen Pref


Subjects
  • Company Update

  • Morning Note

]]> Philippe Houchois PSHG_p.DE VOWG.DE VOWG_p.F http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer72700|native|public|20100204074026 Thu, 4 Feb 2010 <![CDATA[Kia Motors "Strong growth to continue; raise our PT" (Buy) Chang]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53758|native|public Regions
  • Global

  • Emerging Markets

  • Asia

  • Korea

  • Asia Pacific

  • Asia Pacific Ex. JP

  • Asia Emerging


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Asian Automobile Manufacturers

  • Korean Automobile Manufacturers

  • Asian Consumer, Cyclical

  • Korean Consumer, Cyclical

  • Asian Automobiles

  • Korean Automobiles

  • Asian Pacific Automobiles

  • Asian Pacific Automobile Manufacturers

  • Asian Pacific Consumer, Cyclical

  • Asian Pacific Ex. JP Automobiles

  • Asian Pacific Ex. JP Automobile Manufacturers

  • Asian Pacific Ex. JP Consumer, Cyclical

  • Asia Emerging Automobiles

  • Asia Emerging Automobile Manufacturers

  • Asia Emerging Consumer, Cyclical


Companies
  • 000270.KS Kia Motors


Subjects
  • Company Update

  • Morning Note

]]> Young Chang 000270.KS http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev53758|native|public|20100204065143 Thu, 4 Feb 2010 <![CDATA[US Auto Supplier Survey Q4 2009 "Optimism Improves, but Distress Remains"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85783|native|public Regions
  • Global

  • Americas


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Americas Automobile Manufacturers

  • Americas Consumer, Cyclical

  • Americas Automobiles


Companies
  • MGA.N Magna International

  • F.N Ford

  • JCI.N Johnson Controls

  • LNR.TO Linamar Corporation

  • LEA.N Lear Corp.

  • BWA.N BorgWarner Inc.


Subjects
  • Industry Overview

  • Morning Note

]]> Colin Langan, CFA MGA.N F.N JCI.N LNR.TO LEA.N BWA.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez85783|native|public|20100204013440 Thu, 4 Feb 2010 <![CDATA[Toyota "Sharp recovery in profitability confirmed, but recalls weighing" (Buy)]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18714|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Japanese Automobile Manufacturers

  • Japanese Consumer, Cyclical

  • Japanese Automobiles


Companies
  • 7203.T Toyota


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Tatsuo Yoshida 7203.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18714|native|public|20100203190800 Wed, 3 Feb 2010 <![CDATA[Auto Parts Flash "Impact of Toyota recalls on affiliated suppliers" 04-Feb-2010]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18713|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Japanese Consumer, Cyclical

  • Japanese Automobiles

  • Japanese Auto Parts & Tires


Companies
  • 6902.T Denso

  • 7259.T Aisin Seiki

  • 3116.T Toyota Boshoku

  • 6201.T Toyota Industries

  • 6995.T Tokai Rika

  • 7276.T Koito Mfg.

  • 7282.T Toyoda Gosei


Subjects
  • Industry Overview

  • Morning Note

]]> Kunihiro Matsumoto 6902.T 7259.T 3116.T 6201.T 6995.T 7276.T 7282.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18713|native|public|20100203185000 Wed, 3 Feb 2010 <![CDATA[Fuji Heavy Ind. "Swing into surplus on volume growth and lower costs; ..."]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18712|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Automobile Manufacturers

  • Global Consumer, Cyclical

  • Global Automobiles

  • Japanese Automobile Manufacturers

  • Japanese Consumer, Cyclical

  • Japanese Automobiles


Companies
  • 7270.T Fuji Heavy Ind.


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Tatsuo Yoshida 7270.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18712|native|public|20100203185000 Wed, 3 Feb 2010 <![CDATA[Tokai Rika "Earnings growth on higher output/lower costs; recall impact ..."]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18702|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Auto Parts

  • Global Consumer, Cyclical

  • Global Automobiles

  • Global Auto Parts & Tires

  • Japanese Auto Parts

  • Japanese Consumer, Cyclical

  • Japanese Automobiles

  • Japanese Auto Parts & Tires


Companies
  • 6995.T Tokai Rika


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Kunihiro Matsumoto 6995.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew18702|native|public|20100203165600 Wed, 3 Feb 2010