First Trust NASDAQ Global Auto Index Fund

  • Audi vs. Mercedes: Who is Winning?

    By Sarfaraz Khan - May 8, 2013 | Tickers: DDAIF.PK, CARZ, EWG, VLKAY

    Two of the leading German car makers, Daimler AG (NASDAQOTH: DDAIF.PK) and Volkswagen AG (NASDAQOTH: VLKAY), have reported massive drops in profits in their most recent earnings releases. Daimler is the world’s third biggest luxury car-marker and the owner of the iconic Mercedes brand of cars and trucks. Volkswagen, the parent of Audi and the maker of the Beetle, has been eying global expansion, particularly in China, as it more »

  • Invest Like a Bro

    By Calla Hummel - December 31, 2012 | Tickers: CARZ, HOTT, TAP, PEP

    Bros are there for you, man. Particularly at this time of year, it’s one of your bros who will meet you at the bar when you’ve overloaded on family, or watch a game with you stranded in your snowed-in, small-town hometown. You can always count on your bros, and you probably wish you could count on your portfolio in a similar way. Yet bros, like portfolios, can be more »

  • Suzuki Smartly Retreats from U.S. Car Market

    By Peter Pham - December 6, 2012 | Tickers: CARZ, GM, HMC, TM

    After years of losing money in the U.S., the Japanese vehicle manufacturer Suzuki Motor Corp, which has significant representation in the First Trust NASDAQ Global Auto ETF (NASDAQ: CARZ), has decided to leave the country’s auto market while its American subsidiary is preparing to file for chapter 11 bankruptcy under a pile of $346 million debt, half of which it owes to its parent, against assets of $233 more »

  • A Leader in Asia

    By Peter Pham - June 25, 2012 | Tickers: CARZ, HMC, NKY, TM

    Suzuki may only sell 25,000 cars and 50,000 motorcycles a year in the U.S., but around the world it sells more than 5.6 million vehicles.  They’ve never been a big player in the U.S. for a variety of reasons, most notably that they shipped OEM versions of other people’s cars here.  In recent years, however, that has changed with them importing their very more »