|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.29 - 11.53|
|52 Week Range||10.14 - 13.48|
|PE Ratio (TTM)||6.02|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.60 (5.27%)|
|1y Target Est||12.34|
In 2014, FCA finally offered a diesel engine in a light-duty truck. The resulting Ram 1500 EcoDiesel was a success, offering V6 fuel economy with V8 capabilities. Other automakers immediately took notice. When the refreshed 2018 Ford F-150 was introduced early in 2017, a Power Stroke diesel variant was announced. Finally, after more than a year of anticipation, we're at the eastern edge of the Rocky Mountains to drive Ford's new oil burner.
In terms of psychological impact, Ford's decision to axe cars except for Mustang is reminiscent of when the Detroit Three deep-sixed iconic but superfluous brands over the last decade. But CEO Jim Hackett is making the move for at least six reasons.
Fiat Chrysler Automobiles said its earnings rose 60% in the first quarter on strong sales of its most profitable vehicles, keeping its margins above rival Ford Motor.
The plants will also feature a component they say is the secret ingredient to flexible manufacturing: humans. SAIC-GM's factory in Shanghai, which opened in 2016, is one of the world's most advanced auto plants, assembling Buick minivans and Cadillac sedans and SUVs, including the CT-6 plug-in hybrid for U.S. consumers.
Previously, we looked at O’Reilly Automotive’s (ORLY) 1Q18 revenue. The company reported a moderate 5.9% increase in its revenue, and its same-store sales growth improved significantly YoY (year-over-year). During 1Q18, ORLY opened 78 new stores, part of the company’s plan to open 200 new stores in fiscal 2018. This strategy should expand the company’s consumer base. Let’s look at O’Reilly Automotive’s profit margin in 1Q18.
Stocks that moved substantially or traded heavily Thursday: Facebook Inc., up $14.47 to $174.16 The social media company had a strong first quarter as its data privacy scandal didn't appear to hurt its ...
So, one must not ignore the fact that GM and Ford are earning magnificent profits from the pickup trucks and SUVs that dominate their North American Operations (NAO, in industry parlance). Fiat Chrysler is an even more extreme example, as the Jeep brand represents the vast majority of profitability there. The dirty little secret that Detroit loses money on most of its passenger car models while subsidizing them with profits from trucks was exposed by Ford CEO Jim Hackett's pronouncement that Ford is all but exiting (only the Mustang and Focus Active will survive) the NAO passenger car market.
GM affirmed a role for passenger cars in its lineup at home and abroad following a first-quarter earnings beat Thursday, a day after rival Ford topped views and outlined plans to largely exit that segment domestically.
Big news out of the big three automakers. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, and Julia La Roche discuss.