26.69 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||26.63 x 1800|
|Ask||26.73 x 900|
|Day's Range||26.42 - 26.71|
|52 Week Range||22.87 - 30.12|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||4.61|
|Forward Dividend & Yield||1.05 (3.96%)|
|1y Target Est||N/A|
The M-Byte from Byton. China's new offering is joining a strong international cast of electric and hybrids on the stages of this year's Frankfurt Car Show. From Japan: the Honda CR-V Hybrid. The U.S.: Ford Explorer Plug-In. And - like the M-Byte, also from China - the Hongqi electric concept. When exhibitor numbers have been going down, China's presence in Frankfurt is on the up. Seventy-nine suppliers and carmakers make it the biggest foreign contingent this year. As for the M-Byte, it's had expressions of interest from 20,000 customers at shows across Europe, says designer Benoit Jacob. SOUNDBITE (English) SVP DESIGNER AT BYTON, BENOIT JACOB, SAYING: "It is quite special to really bring a concept into reality. And moreover this is especially the interior that is really a game changer. We propose a 48 inch display which will basically revolutionize the way you travel and commute." Stringent new emission rules in Europe make China's strong position in EV technologies that bit more attractive. In the wake of Dieselgate, German firms have been striking major deals with Chinese suppliers. But this is a two-way street. Carmakers in China - as it winces from its trade war with the US - are looking at Europe with more interest. Sales back home fell for a 14th consecutive month in August, according to data on Wednesday. EV sales were close to 16% lower than a year ago. Byton plans to export cars to Europe from its factory in Nanjing in 2021. The price range: expected to start at around $45,000.
California, alongside 22 other states, have sued the Trump administration over the ban on auto emissions standards. Yahoo Finance's Editor-in-Chief Andy Serwer, Adam Shapiro, Brian Sozzi and Sibile Marcellus discuss on On The Move.
Japanese carmaker Honda has brought forward a goal to only sell electric and hybrid cars in Europe by three years to 2022, a leading company executive said on Wednesday. Last month, Honda said it would phase out all diesel vehicle sales in Europe by 2021 in favor of electrified vehicles. Gardner made the announcement in Amsterdam, where Honda was presenting the new fully-electric Jazz model for the European market.
As global automakers race to put long-range electric vehicles on highways amid stricter emission laws, Japanese rivals are taking a niche approach and steering towards cheaper, pint-sized runabouts to make costly battery technology more accessible. At the Tokyo Motor Show that starts on Thursday, Toyota Motor, Nissan and others are due to show prototypes of one- and two-seater electric vehicles (EVs) designed for short distances with limited top speeds. Toyota's new, ultra-compact BEV seats two people and has a top speed of just 60 kilometres (37 miles) per hour and a range of 100 kilometres on a single charge.
By Tony Sagami As I pulled into a paid parking lot, I realized that I didn’t have any cash on me. No problem, there was a Bank of America Corp (NYSE: BAC ) ATM right just down the block. I had to wait ...
The iconic American brand has seen brighter days as the company reported a 24% profit drop due to weakening U.S. demand and increased costs due to tariffs on its US-made motorcycles. Harley-Davidson Inc (NYSE: HOG) motorcycles stand for their authenticity and the passion of its bikers but the company's core audience is aging.
People are still buying minivans, but not from Ford (NYSE: F) or General Motors (NYSE: GM). The only domestic manufacturer that still makes minivans is Fiat Chrysler (NYSE: FCAU), which sold 21,697 Chrysler Pacifica minivans in the third quarter of 2019, down 24 percent from a year earlier, and sold 27,456 Dodge Grand Caravan minivans in the quarter, down 20 percent from a year earlier. Automakers make more money selling trucks and sport utility vehicles than selling cars and minivans.
Eight automakers and their industry organizations are calling on already strained N.C. regulators to “act with a sense of urgency” to approve the $76 million electric-vehicle charging pilot programs that Duke Energy Corp. proposed in March.
With four separate companies beneath the corporate umbrella in the Triad, Honda Motor is both a significant employer and a billboard to draw others to the region,
As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the second quarter. We get to see hedge funds' thoughts towards the market and […]
In all, four Honda companies operate in the Triad. Together, they employ more than 2,400 under more than 1.6 million square feet of roof, representing an investment in excess of $650 million.
Honda R&D Co., Ltd., a research and development subsidiary of Honda Motor Co Ltd (NYSE: HMC ), has acquired all of the outstanding shares of California-based Drivemode, Inc. The acquisition was completed ...
Shares declined after third quarter deliveries missed expectations, but Model 3 sales remained strong and the cash position has improved.
Tesla reported its Q3 deliveries of 97,000—a record. Tesla's deliveries fell short of expectations of 98,000, leading its stock to slide 5% after hours.
Hundreds attended a "World Safety Summit on Autonomous Technology" at Levi's Stadium on Wednesday, sponsored by San Jose-based Velodyne Lidar Inc. Here is some of what they heard and saw.
Ford and Fiat Chrysler topped Q3 U.S. auto sales views, but GM missed. Ford, GM and other auto stocks retreated Wednesday.
Ford's Q3 2019 US sales came in at 580,251 units for a 4.9% YoY decline. Wall Street analysts expected a 6.1% decline in Ford’s Q3 sales figures.
A Tuesday report from valuation analysts at Kelley Blue Book is a testament to the lukewarm showing of the auto market . Average new vehicle prices increased merely $262, or 0.6% year-over-year, in September, ...
In Europe, Honda Motors plans to stop selling diesel cars by 2021, and only sell electric and hybrid cars by 2025. Tesla also sells its cars in Europe.
Honda Motor Co Ltd said on Monday it would phase out all diesel cars by 2021 in favour of models with electric propulsion systems, as the Japanese automaker moves to electrify all of its European cars by 2025. Honda is the latest automaker cutting production of diesel cars to meet stringent global emissions regulations. The plan is part of its long-term goal to make electric cars, including all battery-electric vehicles, to account for two-thirds of its line ups by 2030 from less than 10% now.
For Honda, declining demand for diesel vehicles and tougher emissions regulations have clouded its manufacturing prospects in Europe. Honda said in February it would close its only British car plant in 2021 with the loss of up to 3,500 jobs.
Honda has inked a pair of deals to offset carbon emissions by its U.S. car plants with green power from a pair of giant wind and solar projects in Oklahoma and Texas.