|Bid||36.98 x 2200|
|Ask||37.07 x 1200|
|Day's Range||36.85 - 37.36|
|52 Week Range||30.56 - 45.00|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||5.88|
|Forward Dividend & Yield||1.52 (3.90%)|
|1y Target Est||N/A|
In 2017, GM finally shut the door on the continent after roughly 20 years of losses. GM struggled with high production costs it was never able to control, and had was making cars customers didn't really want to buy. To be fair to GM, there were not the only company that struggled in Europe.
WASHINGTON/OTTAWA (Reuters) - The United States struck deals on Friday to lift tariffs on steel and aluminium imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals shipments, will also eliminate Mexican and Canadian retaliatory tariffs on a broad range of U.S. products, including pork, beef and bourbon. The United States and Canada said their agreement will be implemented by Sunday afternoon, and includes new curbs aimed at preventing dumped steel and aluminium from China and other countries from entering the U.S. market via Canada.
WASHINGTON (AP) — Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe.
U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan. The unprecedented designation of foreign vehicles imported to the United States from some of its closest allies sparked anger from automakers, dealers and foreign governments after a White House document hinted it would seek voluntary export quotas on autos from U.S. trading partners.
GM, Ford and auto other stocks fell despite trade war headwinds easing. President Trump officially postponed auto tariffs by up to six months.
The 2020 GMC Sierra full-size pickup truck doesn't look much different than the previous model, but it brings along a number of new feature updates. The diesel adds the second-lowest Elevation trim level, meaning it's available in every trim except the base Sierra.
Here, we analyze the performance of certain ETFs with exposure to some major U.S. Automobiles industry players post their earnings releases.
In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski and Green Editor John Beltz Snyder. First, they discuss the news, including the Chevy Trailblazer, Ferrari to stop providing Maserati with engines, an upcoming Ferrari Hybrid, Elon Musk's sex jokes and the reveal of the McLaren GT.
GMC is hard at work building carbon fiber beds for its CarbonPro trucks, so it's fitting that the company has finally released pricing for the 2019 GMC Sierra CarbonPro Edition. The most "affordable" for 2019 is the AT4 version starting at $66,635. Both represent an increase of $8,000 to $9,000 more over the base AT4 and Denali models.
Automobiles from the European Union and Japan won’t be hit with U.S. tariffs for at least six months after President Donald Trump decided Friday to delay levies in favor of pursuing negotiations.
Dealerships are likely taking thousands off MSRP from the 2019 Chevrolet Corvette as they look to move inventory that is just sitting around gathering pollen, writes Eileen Falkenberg-Hull.
Zacks Value Trader Highlights: General Motors, General Electric, Chemours, Camping World and L Brands
Adaptive cruise control system allows trucks to automatically adjust speed to maintain a set distance behind the vehicle ahead. It features a single high-mounted camera behind the rear view mirror and can bring the Sierra to a complete stop. The battle for share in the high-paying large-pickup truck market is intensifying and already a few General Motors' rivals offer this type of system.
If you like Ford Motor Company (NYSE:F) stock or the shares of other American-automotive icons like General Motors (NYSE:GM) or Fiat Chrysler (NYSE:FCAU), you should avoid buying them anyway. In fact, I urge you to do so. I'm going to unleash hell on Ford stock, and American cars in general. If you get emotional, that's your responsibility.Source: Barbara Eckstein via FlickrLet's talk about why F stock has garnered significant interest lately. Since the start of this year, Ford stock has gained 32%, which is remarkable. * 6 Chinese Stocks That Could Pop On a Trade Deal But auto sales have flatlined for the last four years. Additionally, ride-share services like Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT) have transformed personal transportation.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt also doesn't help that millennials just don't care for buying cars as previous generations did when they were young. Millennials are growing up at a time when multiple, private transportation options exist. However, it's also true that young Americans are comparatively financially strapped.If they're going to buy a car, they need a reliable one. That hurts Ford because it's not the most reliable automaker. That leads me to the first of my many unpleasant points: American Cars Stink, and So Will Ford StockI just have to say it: American cars are terrible. Over the past several years, Detroit has promised it would compete effectively against the Japanese and Germans. I still remember Chrysler's "Imported from Detroit" tagline. It was a clever, catchy piece of marketing genius.Unfortunately, it was also pure nonsense. Part of the appeal of owning an American car is that, well, it's American. Back in my high school days, our principal said that it's important to buy American cars to support our economy. But it's equally critical for domestic manufacturers to compete overseas.I'm sure my principal's sentiment was repeated across the nation. The fact that people have to resort to patriotism to tout American automakers , though, indicates that American cars can't compete on quality, reliability or attributes. Americans Reject Their Own CarsF stock and American cars in general are emblematic of this great nation's many problems. They appeal to folks on a superficial basis, but are very weak when it comes to fundamentals.Look at the politicians who supposedly "serve" their constituents. How many of them personally drive American cars when the cameras aren't looking? Probably very few.Exhibit A is President Donald J. Trump. As a tall, rich, (arguably) good-looking white man with a sharp tongue, he obviously appeals to the patriotic crowd. Today, he "drives" an American car because he has to.But when he was just "The Donald," he didn't seem to care too much for domestic rides. Remember that episode of The Apprentice when he showed up in an exotic Mercedes-Benz sports car? How quickly we forget that, at one point, Trump's most-prized automotive possessions were a Rolls-Royce and a Lamborghini Diablo!Why, then, should I buy an American car when my own President doesn't even exclusively buy American cars? Hard Numbers Condemn F StockIf you got through all that without cursing, congratulations! You probably dismissed my arguments against Ford stock as subjective reasoning. But now, we're going to get into the numbers.Honestly, they just don't look good for F stock. The last time its quarterly revenue hit a peak was in June 2007. At that time, sales slightly exceeded $44.2 billion. Since then, the automaker has failed to equal that haul, despite our supposedly robust economic recovery.Compare the malaise of Ford Motor Company stock to its fierce rival, Toyota (NYSE:TM). From an automotive perspective, I'm not a big fan of TM, either. I find their cars intractably boring. But as a business and an investment, it's doing pretty well, despite the shortcomings of its products.Toyota's quarterly revenue peaked in March 2012, with a haul of just under $72 billion.Its top line has been declining ever since. The difference, though, is that TM is climbing back. Toyotas have broad appeal in Japan, the U.S., and Latin America. With its Lexus luxury brand, it's also capturing some snobby Europeans.Ford is doing what it does best: give up. With that kind of loser's mentality, I just can't trust Ford stock for the long haul. Even a Tailwind for Ford Motor Company Stock Is Dying!Don't think that I'm completely biased against Ford stock. The one area where it excels is big, heavy trucks. In that area, Detroit is currently untouchable.Sadly, though, this market is fading. Sales of heavyweight trucks last peaked in 2006, shortly before the housing and banking crises.I'm not sure if the segment will ever regain its prior peak. The entire automotive landscape is changing. What hurts Ford stock, though, is that its Japanese and German rivals have adapted to the changes. Detroit hasn't, which is why I don't trust the rally of Ford stock at any price.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post Why I Canat Trust Ford Stock at $10 Or Any Price appeared first on InvestorPlace.
The White House is set to announce on Friday that President Donald Trump will delay a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan, people briefed on the matter said. Trump faces a Saturday deadline to make a decision on recommendations by the Commerce Department to protect the U.S. auto industry from imports on national security grounds. Reuters and other outlets reported earlier this week that Trump was expected to delay the decision.
The reveal of the 2020 Cadillac XT5 crossover must be seriously near, because one of our spy photographers caught the new one completely undisguised. Seriously, there aren't any vinyl coverings anywhere, and the interior was completely bare, too.
Discover the consumer discretionary sector, industries within this sector and companies producing goods that fall under the consumer discretionary definition.
AEV and Chevrolet collaborated on the hardcore Colorado ZR2 Bison, and AEV appears ready to continue to build on the platform. This truck is a fully-capable off-roader, but AEV is so far making no promises to build it for consumers. The most obvious difference between this and a normal ZR2 is the tray bed built by AEV, of course.
Volkswagen is selling a portion of its heavy duty truck unit to outside investors. It is an attempt to unlock hidden value and improve the company’s valuation multiple. It is a good idea, one that U.S.-based auto makers should try.
The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing solidly higher on Wall Street as traders become more hopeful that some of the U.S.'s frictions with its trading ...
In 2017, General Motors, the largest U.S. automaker, with brands like Chevrolet, Cadillac, and Buick, made one of its boldest moves yet. It sold its European Opel and Vauxhall brand to the French automaker PSA. It was the end of an era for GM, which had first ventured into Europe nearly 90 years before.