|Bid||38.41 x 2200|
|Ask||40.35 x 2200|
|Day's Range||39.98 - 40.45|
|52 Week Range||30.56 - 45.00|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||7.29|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||1.52 (4.10%)|
|1y Target Est||47.50|
Ally Financial Inc.'s retail division is growing rapidly — increasing total deposits by 16% year over year in the first quarter and adding about 120,000 customers.
The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday. The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada Agreement, which was signed by President Donald Trump and the leaders of the other two countries last year to replace the 25-year-old North American Free Trade Agreement. The report estimates that annual U.S. real gross domestic product would increase by 0.35 percent, or $68.5 billion, on an annual basis compared to a NAFTA baseline, and would add 176,000 U.S. jobs, while raising U.S. exports.
General Motors Co's top executive, Mary Barra, received a compensation package worth just under $22 million in 2018, slightly less than the previous year, according to the No. 1 U.S. automaker's proxy statement released on Thursday. GM also said two members of the board of directors - former chairman of the joint chiefs of staff, retired Admiral Michael Mullen and the former CEO of ConocoPhillips , James Mulva - will not stand for re-election. GM and the rest of the auto industry are facing an expected decline in U.S. demand this year, slowing sales in the world's largest auto market in China and potential costly tariffs that could be imposed by the administration of U.S. President Donald Trump as it negotiates new trade deals with China, Europe and Japan.
The Trump administration on Thursday estimated that its new North American trade deal will create 76,000 automotive sector jobs within five years as automakers invest some $34 billion in new plants to comply with the pact's new regional content rules. The forecasts from the U.S. Trade Representative's office were released ahead of an independent trade panel's hotly anticipated analysis that economists expect to show little or no U.S. gains from the new U.S.-Canada-Mexico Agreement. A USTR official told reporters that the jobs and investment estimates are based on plans disclosed by automakers to the trade agency for compliance with the new agreement's tighter rules of origin.
Global Economic Indicators Paint a Mixed PictureRetail sales According to the US Department of Commerce, US retail sales soared 1.6% in March compared to February, their highest pace of growth since September 2017. Another encouraging piece of news
The 2020 Lincoln Corsair compact crossover has just been introduced at the New York Auto Show. It replaces the aging MKC and will be facing a competitive market, one that already has a fresh American rival.
Increased sale of trucks and SUVs is likely to drive Ford's (F) revenues in first-quarter 2019. However, escalating costs are concerning.
Product portfolio expansion to aid Harley-Davidson (HOG) in first-quarter 2019 earnings. However, the shift in customer preference for motorcycles is likely to adversely affect quarterly results.
Tesla's (TSLA) vehicle production and delivery numbers decline 10.9% and 31%, respectively, on a sequential basis in first-quarter 2019. This is likely to impact its quarterly results.
Key Takeaways from Alcoa’s Q1 Earnings(Continued from Prior Part)Trump’s tariffs During the first-quarter earnings call, Alcoa (AA) took a swipe at the Section 232 tariffs that President Trump imposed last year. From the very beginning, Alcoa
GM Cadillac President Steve Carlisle said that Cadillac would expand its network of dealers to 500 in China by 2025. The U.S. automaker will launch a new product every 6 months for the next 3 years in China, Carlisle said at a Bank of America Merrill Lynch conference.
Auto shows may be waning in importance as companies find other ways to introduce new products, but the New York International Auto Show still has a healthy list of new vehicle debuts.
If you're looking for the intersection of value and growth -- look no further than General Motors (NYSE:GM). But if you're going to hop on-board GM stock, remember to look both ways before you proceed.Source: Shutterstock Along with what's been a masterful rebound in price and sentiment in the broader market, there's been an even more souped-up ride in auto giant GM's shares the past few months. With the S&P 500 up 24%, GM stock has gained over 32% plus dividends since the broad-based market bottom last December. Nice, right?Sure, GM stock may not be the new kid driving around the block like Lyft (NASDAQ:LYFT) or a much younger automobile disruptor like Tesla (NASDAQ:TSLA). But General Motors is squarely in the middle of trends like the ride hailing phenomenon -- through its 2016 investment of $500 million in Lyft, as well as other important growth markets such as autonomous and EV or electric vehicles.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd importantly, GM stock offers something the others don't. GM stock offers investors the opportunity to hitch a ride with technological leadership and one of tomorrow's winners rather than a ride based more on hype and hope than fundamentals. GM Stock Weekly Chart Click to EnlargeLooking at the big picture of the GM stock's monthly chart over the past several years, it's easy to appreciate there have technical road blocks and U-turns along the way. And of course, there's always worries over industry hazards like falling Chinese sales and stagnant U.S. market hurting shares going forward.But if investors are mindful of the aforementioned and trans-formative industry trends underway, it's more important to embrace the fact that despite occasional hostile market volatility, month-over-month and year-over-year, shares are trending nicely for General Motor shareholders with the added bonus of a 4.10% yearly dividend. * 7 Stocks to Buy for Spring Season Growth Most recently this bullish view was reaffirmed when shares reversed forward on higher and above-average volume back above GM's challenging 2011 high of $32.76. This was accomplished with a monthly hammer pattern which found technical support at the 50% retracement level. To say the least, this was bullish and maybe even trans-formative in its own right. Buying GM StockLooking forward, GM stock continues to look like a strong buy for future growth. Shares are now 8.5% above the high of October's bullish hammer bottom. That's the bad news.The better news is GM's bottom also marked a slightly stronger higher low pattern low within the existing uptrend as a test of the angular support line wasn't required. Furthermore, in the here and now and following three months of anxious challenges followed by a more supportive March test of the candlestick's high; the hammer looks even more durable and worth buying into.Technically and on a percentage risk basis, a stop-loss set below $36.30 and the high of the October candlestick makes good practical and economic sense. Bottom-line, this exit is also a smart way to avoid any crashes should they come along -- and keep investors in position to pick up a market survivor like GM stock amid the wreckage.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Why and How to Buy GM Stock in Todayas Market appeared first on InvestorPlace.
Speculation over the stimulus swirled in the markets Wednesday, pushing up shares of domestic carmakers such as BYD Co. and automakers in Europe and the U.S. The Stoxx Europe 600 Automobiles & Parts Index rose as much as 2.1 percent, led by Volkswagen AG, Daimler AG and Faurecia SA. General Motors Co.. Apple Inc. climbed in the U.S., while Swedish home-appliance maker Electrolux AB also rose. China’s latest tactic indicates its leaders are stepping up attempts to support consumption and mitigate threats posed by trade tensions with the U.S. An ambitious tax reduction program is seeing some early signs of bearing fruit: retail sales expanded 8.7 percent in March to beat expectations, and first-quarter gross domestic product expanded more than economists estimated. The National Development and Reform Commission, which is said to have drafted the plan, didn’t immediately respond to a fax seeking comment.
When I drive a dark-colored Chevrolet Suburban with deep-tinted windows, I want to put on sunglasses and a suit and tie, plug an earpiece in my ear, and drive around town looking like a U.S. Secret Service agent. The Secret Service loves the Chevy Suburban, which is why you see so many of them accompanying the president on trips around the world. You’d be very hard-pressed to park both GM super-sized products on a normal-sized driveway as these vehicles are station wagon versions of General Motors’ biggest pickup trucks: the Chevy Silverado and the GMC Sierra.
The glory days for Tesla (NASDAQ:TSLA) may be approaching an end. For the last few years, the company enjoyed strong sales with barely any advertising. The stock market and Tesla customers and adherents admired CEO Elon Musk for the advancements he brought to the electric vehicle market. That translated to a lot of positive sentiment for TSLA stock.Source: Shutterstock But the positive momentum is shifting. The end of subsidies to Tesla buyers, slow sales in China and supply constraints are hurting 2019 sales. Plus, shares of fossil-fuel based automobile makers are rebounding. Investors may have rotated out of their Tesla holdings and into General Motors Company (NYSE:GM) or Ford Motor Company (NYSE:F), both of which are up over 15% year to date.All of these negative developments may send TSLA stock to new lows in the coming weeks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Negative Developments for TSLA StockThe EV subsidy in the U.S. is the risk of getting abolished immediately if U.S. President Donald Trump has his way. Congress is trying to change that by drafting a law that would extend the tax rebates. Currently, Tesla and GM both exceeded the current limit of 200,000 subsidized EV. Congress wants the limit increased to 400,000, giving buyers a tax credit worth $7,000.So far, markets are not betting the government will pass a subsidy extension. Shares of Tesla have already fallen 18% in 2019. And with 23% of the share float short, many investors seem to believe its underperformance could accelerate. * 10 S&P 500 Stocks to Weather the Earnings Storm Tesla announced a Model Y on March 14, an event that would have sent the stock higher in past years. This time, markets did not care much for this crossover model -- the stock price certainly didn't celebrate. This is despite the fact that the crossover and SUV segment is the hottest sector in the automotive space.Instead, market participants seem to dwell on how the company failed to live up to the Model 3 promises. The Model 3 was supposed to come out on time, sell for $30,000 on average and get produced in sufficient numbers to meet demand. Instead, the car has been plagued with output and deliveries struggles.Logistically, if Tesla has Model 3 production issues, where will Model Y production take place? Competition, Debt Could Hamper Tesla StockWith premium brands like BMW, Mercedes-Benz and Audi vying for market share in the CUV space, the Model Y will compete with Audi e-Tron, BMW iNEXT, and Mercedes-Benz EQ. Jaguar's I-PACE has at least three configurations for consumers to choose from.This may help explain TSLA stock's slowing unit sales, and slowing unit sales hurt cash flow, which Tesla needs to service its debt. Its debt/equity ratio currently stands at 2.4x. This is still better than GM's, at 2.7 times, or Ford, at 4.3 times. But the difference between it and GM or Ford is that the latter has plenty of revenue and strong cash flows. TSLA stock trades at 24 times FCF, compared to 8.6x for Ford and 13x for GM stock.Despite the elevated debt levels, liquidity is a remote concern at this time because Tesla may sell shares or debt on the open market. Historically, demand for either is strong, so investors need not worry about its liquidity at this time. Besides, even though sequential unit sales slowed, year-over-year sales are still up 110% (63,000 deliveries, compared to 29,000 the year before). Valuation and TakeawayTesla is trading not far from the analyst consensus estimate of $297 a share, or 11.6% below the price target. Bullish investors could use a 10-year DCF revenue exit model (finbox.io) to number crunch a fair value. This model values the company to the future cash flow, discounted back to present value. By assuming a growth rate of 25% annually in that time period, the stock's fair value is around $410.Tesla is approaching its 52-week low and could fall further after its May 1 earnings report. Short-sellers could get squeezed if sales in the quarter are better than thought, however. Therefore, it's smartest to wait until after the report before establishing a bet against this stock.As of this writing, Chris Lau owned shares of Ford Motor Company. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Why Tesla Shares Are Headed to New Lows appeared first on InvestorPlace.
The CT5 becomes the second Caddy model to offer Super Cruise, the brand's semi-autonomous driver assistance system.
LIUZHOU, China/BEIJING, April 17 (Reuters) - By many measures, General Motors' China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas. The move is aimed at ensuring Baojun has offerings in the 100,000 yuan to 150,000 yuan ($15,000-$22,300) range that holds the most potential for the brand, said Mike Devereux, executive vice president at SGMW, GM's venture with Chinese partners SAIC Motor Corp and Guangxi Automobile Group. By comparison the most expensive model under Baojun's old badge is priced from 85,800 yuan to 117,800 yuan.
General Motors Co has spent five years re-writing its playbook for making money in Latin America and the interior of China. This is just the opening salvo in a nearly $5-billion bet by GM to sell up to 2 million technology-laden, modern-looking vehicles annually to consumers who today cannot afford GM vehicles designed for the United States, but may someday as their incomes rise. GM has struggled for years to crack the code for growing profitably outside rich markets, in part because vehicles designed for the U.S. or China's wealthy coastal cities cost too much for developing world consumers.
LIUZHOU, China/BEIJING (Reuters) - By many measures, General Motors' China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas. The move is aimed at ensuring Baojun has offerings in the 100,000 yuan to 150,000 yuan ($15,000-$22,300) range that holds the most potential for the brand, said Mike Devereux, executive vice president at SGMW, GM's venture with Chinese partners SAIC Motor Corp and Guangxi Automobile Group. By comparison the most expensive model under Baojun's old badge is priced from 85,800 yuan to 117,800 yuan.