|Bid||9.082 x 170000|
|Ask||9.114 x 170000|
|Day's Range||9.054 - 9.151|
|52 Week Range||8.919 - 12.625|
|PE Ratio (TTM)||9.68|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Blue Oval’s payout makes its stock tempting. But can it keep making the payments?
Ford Motor Co (F.N) has appointed Jason Luo, head of auto parts maker Key Safety Systems, to run its China operations, a move seen as signaling its resolve to revive sales in the world's biggest car market. The U.S. automaker hopes Luo, the first executive from mainland China to hold its top job there, will reprise his work at KSS, where he engineered a significant surge in China revenue. Ford's overall China sales were down 7 percent in the first half of the year, worse than the industry average of a 3.8 percent climb.
The funding round included existing investors such as Crosslink Capital, Ford Motor Credit Co LLC and Lerer Hippeau Ventures. Currently, Ford Motor Credit Co, the lending arm of Ford Motor Co, uses the company's software.