|Bid||36.08 x 800|
|Ask||36.09 x 2900|
|Day's Range||35.91 - 36.21|
|52 Week Range||34.50 - 46.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2018|
|Forward Dividend & Yield||1.52 (4.04%)|
|1y Target Est||46.84|
If there's anything that proves Detroit's motor-oil-in-the-veins, gearhead bonafides, it's the annual Woodward Dream Cruise, which will bring an anticipated 1.5 million or so people from near and far, plus tens of thousands of classic and custom and just plain weird cars, to a 16-mile portion of Woodward Avenue on Saturday for the 24th year. Loved by gearheads, collectors and the merely curious, who see it as the Motor City's version of Mardi Gras, and loathed by others, who deride it as the world's largest traffic jam, the Dream Cruise is nothing if not an explosion for the senses. The Cruise will officially go from 9 a.m. to 9 p.m., though of course cruisers have been out already for weeks.
The patent papers featured drawings of a C7 Chevrolet Corvette, and described aero aids that the system could operate on, including a front splitter, air dam, grille shutters, and rear diffuser. Last month, GM had another three patents published for specific active aero mechanisms: active side skirts, active spoilers, and downforce-generating ducts. The previous patent described the use of a sensor to measure body height, and a controller used to adjust various aero surfaces to maintain the ideal height relative relative to a reference plane.
Early in 2011, two top engineers for Google traveled together to Detroit on what amounted to a diplomatic mission. “The idea was, if you’re going to make self-driving cars, you have to work with a car company,” recalls Chris Urmson, who made the trip with fellow engineer Anthony Levandowski. In meetings with a prime parts supplier to the car makers and then with the senior leadership of a major auto company, the pair gave presentations on their vehicle’s capabilities, the number of miles it had driven and the broad strokes of how their self-driving software saw the road.
Can America Be Great Again without a Strong Auto Industry? In the previous part of this series, we discussed how President Donald Trump has criticized automakers (XLY) for moving their production outside the US. To avoid being on Trump’s hit list, many companies such as Ford (F), General Motors (GM), and Fiat Chrysler (FCAU) have highlighted plans to increase their investments in the US.
General Motors (GM) has had a tough year, and things might not get much easier in the near future. Where we were: GM has struggled this year, hurt by concerns about tariffs. Where we're headed: Trade tensions aren't the only issue GM's China joint venture faces, but the shares have gotten low enough that they're still worth the risk, says Morgan Stanley.
According to the latest data compiled by Reuters, 54% of the analysts covering Advance Auto Parts (AAP) recommended a “buy,” 38% recommended a “hold,” and 8% recommended a “sell.”
In the previous part of this series, we explored how Wall Street analysts are rating the top two US auto giants, General Motors (GM) and Ford (F). Currently, a higher percentage of Wall Street analysts favor a “buy” on GM stock, and analysts believe it has higher upside potential as compared to Ford stock. Note that General Motors (GM) stopped reporting its monthly sales data in March. The actual numbers for US auto sales in the second quarter are expected to be released in the first week of July after GM reveals its sales numbers for the quarter. In H1 2018, GM’s US sales rose 4. ...
Since the time Donald Trump began his presidential campaign, he has targeted automakers (XLY) like Ford Motor Company (F) for the decision to move car production to Mexico. Since coming into power, Trump has kept a close eye on automakers to make sure they don’t move their car production out of the US.
According to the recent data compiled by Reuters, only 18% of analysts covering Ford stock (F) gave it “buy” ratings. By comparison, a much higher percentage of about 57% of analysts covering GM stock gave it “buy” ratings. These ratings were based on the consensus of 22 analysts covering Ford and 21 analysts covering GM as of August 14, 2018.
In July 2018, Ford Motor Company (F) sold about 69,994 units of SUVs (sports utility vehicles), a 1.5% drop YoY (year-over-year). On the brighter side, the sales of the company’s truck segment saw strong gains of ~10.2% to 89,153 units in July 2018 from 80,886 units sold in July 2017.