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Auto sales soar in India and China

Tony Sagami | December 12, 2009


The auto business stinks to high heaven in the United States, but cars are selling like hotcakes in Asia. Through the first 11 months of 2009, car sales in were up 61% in India and 98% in China. Those are whopping numbers, but they don’t begin to touch the underlying growth story of the Asian auto boom.

View the video t o learn the name of the three auto stocks best poised to make a mint from the Chinese and Indian love affair with cars.

Best wishes,

Tony




About Uncommon WisdomFor more information and archived issues, visit http://www.uncommonwisdomdaily.comUncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amy Carlino, Selene Ceballo, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.Attention editors and publishers! Uncommon Wisdom issues can be republished. Republished issues MUST include attribution of the author(s) and the following short paragraph:

This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.

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Tony Sagami is the editor of Asia Stock Alert, a monthly newsletter with a mission to help you profit from booming Asian economies with companies the Wall Street crowd ignores. One of the most experienced research analysts in the industry, Tony follows a “boots-on-the-ground” approach for getting his market insights by traveling throughout Asia. Each month, he brings members profit-packed opportunities. Plus, Tony lets you know when to buy, how much to pay, and when to lock in those profits. For more information on Asia Stock Alert, click here.

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{ 7 comments… read them below or add one }

steve grayson December 12, 2009 am31 9:15 am at 9:15 am

Tony,
Thanks for the video on Asia auto bus. I did not get a symbol for BYD corp and an exchange where it is traded.

Reply

Anthony December 12, 2009 am31 9:31 am at 9:31 am

Hey Tony,

Thanks for the tips but I believe you said that the trading symbol for Toyota and Tata Motors were the same.
You said TM was the symbol for the both of them.
How about the symbol for BYD Corporation.
I can Google these myself but thought you should know that you have followers out here hoping to
follow your lead and make some money but can’t feel certain when little simple tidbits like that get missed.

Reply

David December 12, 2009 am31 10:53 am at 10:53 am

Tata ticker is TTM

Reply

Jim Barnes December 12, 2009 am31 10:59 am at 10:59 am

I enjoy immensely your e-mail publications, but with reservations. My wife and I are in our mid 70s, have had no education in investing and have a modest reserve for our rapidly approaching senior years. Our home is paid for, and like most seniors, our savings have eroded greatly during the past two years. Our broker (Edward Jones) advised us to stay firm in our investments,which are still down over twenty percent, even with the market upturn this past year. Everyone we talk to has different advice, which is mind boggling to the average retired worker. As the average senior citizen, who NEVER accepted or requested government assistance for anything; we educated our three children, now 40, 42, and 43 to be self reliant, professionals. I worked in a blue-collar industry, my wife, a retired RN, worked part time as our children were growing up and full time for ten years prior to our retirement. Each year our modest saving dwindle, but we are self-reliant. Who can we trust to invest? Who do we turn to for sound advice, when we really don’t know if those we speak to or listen to, has a agenda that will benefit them. I don’t want to appear to be a “Doubting Thomas”, but we can’t take too many chances, as our recovery time frame is limited. Getting old really sucks, no matter what some claim! My deepest appreciation for any comments you may give me and your readers.

Reply

marcus December 13, 2009 pm31 8:15 pm at 8:15 pm

send me more information it sounds great!!!

Reply

Kevin December 14, 2009 am31 1:46 am at 1:46 am

Why are you so negative on America ans so positive on China & India? The US’ GDP is 400% larger than China’s and 700% larger than India’s. Only 6% of the population of China has any real disposable income…… big deal! China & India are growing but I would never bot against America or count America out of any fair fight. One does so at their own peril.

Reply

Phil Knauf December 29, 2009 pm31 1:54 pm at 1:54 pm

Wish I could view a transcript of all of your comments. I have dialup and it does not pay to try to listen. Also, even if I had faster service, I can read faster than you are talking or skip over uninteresting parts.

Reply

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