11.50 +0.06 (0.52%)
After hours: 4:49PM EDT
|Bid||11.50 x 4000|
|Ask||11.52 x 1000|
|Day's Range||11.33 - 11.55|
|52 Week Range||10.14 - 13.48|
|PE Ratio (TTM)||5.93|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.60 (5.36%)|
|1y Target Est||12.37|
General Motors is the largest female-led company in the world.
The Trump administration is considering the imposition of new tariffs on imported vehicles, The Wall Street Journal reported, citing industry officials briefed on broad outlines of the plan. The administration is currently considering tariffs of up to 25%, according to those briefed on the plan, the report said.
Shares of Toyota Motor Corp. fell 1.3 percent in after-hours trading on a report the Trump administration was eyeing new tariffs on imported autos. A tariff could be up to 25 percent, sources told The Wall Street Journal. Shares of Toyota Motor Corp. 7203.T-JP dropped nearly 2 percent in after-hours trading after a report that the Trump administration was weighing new tariffs on auto imports to the United States.
Will US-China Trade War Relief Be Fruitful for the Auto Industry? In the week ended May 18, Ferrari stock (RACE) remained negative and settled at $132.53 with a drop of 2.6%. Let’s take a look at key technical support and resistance levels in its stock for the trading sessions.
Does the US Steel Industry Look Healthy This Month? President Donald Trump has exempted several regions from the stringent Section 232 tariffs that were imposed on national security grounds. While countries such as Canada, Mexico, Brazil, and Germany managed to get exemptions, Japan was a notable exception.
Tesla CEO Elon Musk sharply criticized the United Automobile Workers union in a new Twitter rant this week, saying the union “betrayed” workers at Fremont’s NUMMI auto plant and “left us here to rot” after the plant closed in 2010.
Outfront Media (OUT) to present Greenridge Farm's natural meats and sausages across Chicago in an out-of-home advertising campaign.
Last week, Tesla stock (TSLA) fell sharply by 8.1% to $276.82 against a 0.5% drop seen in the S&P 500 Index. In the previous week, TSLA stock rose 2.4%. Tesla began the second quarter with optimism, and its stock recovered by 10.4% in April after witnessing the massive decline of 22.4% in March. TSLA ended Q1 in negative territory with 14.5% losses. In Q1 2018, auto stocks (XLY) General Motors (GM), Ford (F), and Harley-Davidson (HOG) fell 11.3%, 10.3%, and 15.7%, respectively.
Nearly two years after the EU referendum, opinion polls continue to show very little change in public attitudes towards Brexit. It is the much more positive view that many people have of immigration than was the case back in 2016. One sign of the shift can be seen in a Times/YouGov tracking poll published on Wednesday.
Longtime bulls turn bearish, and one Detroit automaker could be severely undervalued, according to a couple of Wall Street analysts.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Last week, Fiat Chrysler stock (FCAU) fell 3.7% to settle at $21.86. In the previous week, the stock lost ~1%. April proved to be a good month for FCAU, as its stock recovered 6.4% after falling in the previous two months. As of May 21, the company has delivered 2.3% MTD (month-to-date) positive returns as compared to 3.2% gains in the S&P 500 Index. Now, let’s find out what could be hurting FCAU’s stock in May.
Steel demand is among the key indicators investors should track. The construction and automotive sectors are the two largest steel end consumers. In this article, we’ll discuss how US steel demand is shaping up.
Brazilian truck drivers on Tuesday vowed to extend their protest against high fuel prices into a third day despite a government compromise to cut a fuel tax, threatening to slow economic activity and interrupt exports of grains and other goods. Thousands of trucks were parked to obstruct major roads as the protests interrupted traffic along a major soy shipping route in the grains state of Mato Grosso and impeded access to the country's two main export ports, Santos and Paranaguá.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Ford Motor Company (NYSE:F) a safer option. Big corporations are much sought after by risk-averseRead More...
GM and most auto stocks rose amid news that China will reduce import tariffs on autos and auto parts. But Tesla, which should be a big winner, fell sharply.
The largest US auto parts retailer by store count, AutoZone (AZO), released its fiscal Q3 2018 earnings today before the market opened. The company’s third fiscal quarter covered the 12 weeks that ended on May 5. AZO’s third-quarter adjusted earnings rose 17% year-over-year to $13.42 per share, beating Wall Street’s consensus estimates of $12.97 per share.
A man suspected of trading wild bursts of gunfire with officers during a long standoff in the Florida Panhandle was found dead Tuesday in a gasoline-soaked apartment after an armored vehicle approached, authorities said. "We were just blessed that we didn't lose multiple officers and citizens today," Bay County Sheriff Tommy Ford said at a news conference in Panama City, a small Gulf Coast city near the state's famous sugar-sand beaches. No law enforcement agents were shot or wounded but one person leaving her apartment was injured and in stable condition, he said.
China's Finance Ministry said Tuesday that it will slash import tariffs on automobiles into the world's biggest car market in what could be the most significant step by officials in Beijing to placate demands of President Donald Trump to trim the country's multi-billion trade surplus with the United States. China will cut the tariff to around 13.8%, the Ministry said, from the current level of 25%, while reducing the levy on imported car parts to 6% from 10%, in an effort to open the market further to foreign competition. The reductions will take effect on July 1, the Ministry said in a statement.
On Tuesday morning, automakers woke up to some good news: China would lower its import taxes for automobiles. The country pledged to lower its import tariffs down to 15% from 25% for passenger vehicles, while import tariffs on auto parts will be set at 6%. Given that Ford, GM and many other foreign automakers already have operations in China, the lowered import tax likely won't have a major impact on earnings.