|Bid||15.980 x 0|
|Ask||16.020 x 0|
|Day's Range||15.840 - 16.200|
|52 Week Range||10.000 - 19.360|
|Beta (5Y Monthly)||1.11|
|PE Ratio (TTM)||15.89|
|Earnings Date||Aug 17, 2020|
|Forward Dividend & Yield||0.25 (1.56%)|
|Ex-Dividend Date||May 28, 2020|
|1y Target Est||21.74|
Zhejiang Geely Holding Group as well as General Motors Co's <GM.N> Chinese venture are planning to launch their first pickup truck models, intensifying competition in a segment dominated by Great Wall Motor <601633.SS>. Geely showed off its first pickup truck model last week at a company event publicised on social media, while official documents showed a joint venture of carmakers including GM seeking approval to build its first pickup truck model. The companies are trying to tap into the niche market, which still accounts for less than 2% of overall vehicle sales in China, but that has outperformed as local governments ease restrictions on their entry into urban areas.
The California Air Resources Board (CARB) and major automakers on Monday confirmed they had finalized binding agreements to cut vehicle emissions in the state, defying the Trump administration's push for weaker curbs on tailpipe pollution. The agreements with carmakers including Ford Motor Co, Volkswagen AG, Honda Motor Co and BMW AG , were first announced in July 2019 as voluntary measures prompting anger from U.S. President Donald Trump. The Trump administration in March finalized a rollback of U.S. vehicle emissions standards to require 1.5% annual increases in efficiency through 2026.
TAIZHOU, China/SHANGHAI (Reuters) - Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China's first global auto giant. The yet-to-be-finalised plans for Proton are just one strand of a Geely project to revamp factories at home and abroad using joint platforms it has been perfecting with Volvo since 2013. Geely bought the Swedish brand 10 years ago for $1.8 billion (1.4 billion pounds) - a deal that raised its international profile and sent shockwaves through the global auto trade.