- Reuters•16 minutes ago
Korean carmakers Hyundai Motor Co and affiliate Kia Motors Corp will pay $41.2 million to resolve an investigation by 33 U.S. states over the their 2012 mileage restatements, state attorneys general said on Thursday. Hyundai said it agreed to settle state consumer protection claims but didn't admit to violating any laws. The $41.2 million fine to Hyundai and Kia covers the attorneys general "investigative costs," Hyundai said.
- Reuters•52 minutes ago
Ford Motor Co (F.N) and General Motors Co (GM.N) have worked all year to convince investors that they are no longer prisoners of the U.S. auto market cycle and have solid plans to fend off challenges from Silicon Valley interlopers. This week, Wall Street looked at the Detroit companies' stronger-than-expected quarterly results and turned thumbs down. GM, the largest U.S. automaker, reported record third-quarter net income on Tuesday, but its shares have fallen nearly 5 percent since then.
- Reuters•57 minutes ago
Ford Motor Co reported a more than 50 percent drop in third-quarter net income on Thursday, saying its North American business suffered from lower sales, higher recall costs and a complicated introduction of a new pickup truck. Excluding one-time items, Ford said earnings were 26 cents a share, beating the analysts' average estimate of 20 cents compiled by Thomson Reuters I/B/E/S. Third quarter revenue was $35.9 billion, down 6 percent, and North American operations revenue was $21.8 billion, down 8 percent.
General Motors Company (GM)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||31.31 x 6800|
|Ask||31.32 x 3100|
|Day's Range||31.19 - 31.78|
|52wk Range||26.69 - 36.88|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||4.00|
|Avg Vol (3m)||12,500,606|
|Dividend & Yield||1.52 (4.81%)|