|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||8.89|
|Dividend & Yield||0.42 (1.25%)|
|1y Target Est||N/A|
Greenpeace said on Thursday anti-pollution activists had boarded a ship in the Thames Estuary containing Volkswagen diesel cars being imported into Britain in an attempt to force the vessel to return to Germany. More than 40 volunteers are also trying to immobilize cars parked at Sheerness port in the southern English county of Kent by removing the keys and are sticking labels to engines, calling on VW to stop making diesel vehicles, the environmental pressure group said. VW admitted to cheating diesel emissions tests in 2015, forcing the firm to pay compensation to U.S. motorists and leading to a regulatory crackdown on diesel, including new levies and a ban on sales in Britain and France from 2040.
Mizuho's Vijay Rakesh and Jason Getz met with SAIC Motor, which is one of China's largest auto suppliers and also a partner of General Motors (GM) and Volkswagen (VLKAY), which makes them more confident in the electric vehicle (EV) market in the nation. Rakesh and Getz expect SAIC (formerly Shanghai Automotive Industry Corporation) to introduce seven new EV models next year: Three of its own and two each from GM and Volkswagen. They write that EV is less of a challenge for the European automakers, but SAIC faces some challenges with the models, as its profit margins are "much slimmer:" they estimate in the low single digits.
When it comes to valuation metrics, though P/E and P/S are the first choices, the P/B ratio is also emerging as a convenient tool for identifying low-priced stocks that have high-growth prospects.