|Bid||0.00 x 124500|
|Ask||0.00 x 73800|
|Day's Range||64.00 - 65.34|
|52 Week Range||50.83 - 73.23|
|PE Ratio (TTM)||6.96|
|Dividend & Yield||3.47 (4.75%)|
|1y Target Est||N/A|
German Chancellor Angela Merkel, a fierce defender of the country's powerful auto industry, appeared to accept the days of the combustion engine may be numbered, as she hit out at carmakers accused of cheating diesel emissions tests. In an interview with the Wirtschaftswoche magazine published on Thursday, Merkel did not give a clear commitment to the diesel technology that her government has promoted to help cut carbon dioxide emissions and fight climate change. Merkel's comments - almost two years after the Volkswagen emissions scandal broke - come as her government faces growing pressure ahead of national elections on Sept. 24 to reduce diesel pollution or see cities impose driving bans.
The rise of the electric car is starting to ripple through factories that churn out traditional engines, setting up a clash with workers worried about their future on the production line.
Baidu and Tesla are also speeding ahead, says Jeff Reeves.