|Bid||38.13 x 800|
|Ask||38.14 x 1100|
|Day's Range||37.87 - 38.36|
|52 Week Range||30.56 - 45.00|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||72.61|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||1.52 (4.04%)|
|1y Target Est||45.45|
2018 was a big year for high-performance carmaker Porsche, but what does 2019 hold for the industry, and the luxury consumer? Klaus Zellmer, CEO of Porsche North America, joins The Final Round to discuss what powered the record-breaking results.
In a few weeks, a giant auto plant employing 1,250 people will go idle in Lordstown, Ohio. It's one of five in North America where General Motors is stopping production. The plant is in Trumbull County, where thousands rely on GM directly and indirectly for their livelihood. It's also a county that voted for President Obama and then for President Trump. CBS News contributor and NPR host Steve Inskeep reports.
General Motors now admits it has a big problem at a plant in Toledo, Ohio. Two federal lawsuits have been filed, accusing GM of ignoring severe racial harassment. Dean Reynolds reports.
The 2020 GMC Sierra HD has finally been revealed, and it's a heck of a lot more subtle than the Silverado HD. Whereas the Chevy went with a wildly exaggerated version of the split grille and headlights the truck is known for, the Sierra simply builds on the 1500 model's design with an expanded grille that doesn't appear to be as tall or wide as the Chevy's. That's not to say it looks unimpressive, though, it's still got a massive fascia, it's just not as extreme as the one with a bowtie on it. With the Sierra's unveiling, we get more details about the powertrains available on the heavy duty GM trucks.
The governor of Brazil's Sao Paulo state said additional tax breaks may be extended to all automakers operating in the state, newspaper Valor Economico reported on Wednesday, suggesting that pressure from General Motors Co could benefit rivals too. GM warned its employees in Brazil last week of "sacrifices" that would be necessary for the company to return to profit in the South American nation, raising concerns about layoffs or shuttered assembly lines. On Tuesday, the carmaker told public officials and unions it was in talks with Sao Paulo state about tax incentives.
Zacks.com featured expert Kevin Matras highlights: Mallinckrodt Public, Dell Technologies, American Axle & Manufacturing, Magna International and General Motors
Zacks.com featured expert Kevin Matras highlights: American Axle & Manufacturing, General Motors, Tech Data, ArcBest and AerCap
S&P 500 Bleeds on Reports of US-China Trade Talks Going off TrackUS-China trade talks On Tuesday, a Financial Times report sent tremors through the broader market. The report claimed that “The Trump administration has rejected an offer from
Slowing car sales and uncertainty about global trade generally make Bank of America Merrill Lynch cautious on North American auto parts suppliers. An expected drop in car sales volume will affect supplier ...