Any time now, the Obama Administration is going to approve the most recent mileage targets set for passenger cars and trucks sold in America: an average 54.5 miles per gallon (mpg) by the year 2025. According to Forbes, U.S. carmakers are not just sitting around waiting for the official statement, nor are they planning to wait for 13 years in order to start delivering gas-sipping vehicles.
Pursuant to the formerly adopted 2012-2016 standards, they are already providing buyers a wider range of more fuel-efficient vehicles than ever before. Automakers and suppliers are aware that better fuel economy is a key to better sales, higher earnings and further employment.
Ford Motor Company (NYSE:F) gained on Friday after the most recent look at the underlying companies of the S&P 500 sorted by biggest market capitalization, Ford Motor Co. (NYSE: F) has acquired the #78 position from Dow Chemical Co. (NYSE: DOW), according to The Online Investor.
Shares of this company traded up 0.42% during trading yesterday, hitting $9.52. The stock has a 52 week low of $8.82 and a 52 week high of $13.05. The company has a market cap of $36.19 billion and a P/E ratio of 2.15. The P/S ratio is 0.27 and P/B ratio 2.14. Dividend yield stands at 2.11 percent. The beta value is 2.31. Ford Motor’s RSI amounts to 52.27.
General Motors Company (NYSE:GM) closed down before German newspaper Bild reported on Saturday, citing a source, that its German unit Opel is expected to reduce a third of all jobs in the country.
The company has a market value of $33.17 billion. It employs 210,000 people and over the last 12 months generated revenue of $150.08 billion and has a net income of $4.69 billion. The firm’s operating margin is 3.39 percent and net profit margin is 3.13 percent. The latest closing price of its shares moved up 4.51% from the 50-day moving average.
For Tata Motors Limited (ADR) (NYSE:TTM), last twelve months earnings per share reached a value of $0.72. Last fiscal year, $0.35 has been paid in the form of dividends to investors. Earnings are projected to move up 35.00 percent for the coming five years. The stock closed at $22.01, up 0.16 points or 0.73 from previous close and at a distance of +5.07% from 20-day simple moving average.
In last trading session, shares of Tesla Motors Inc (NASDAQ:TSLA) moved -5.87% below their 200 day moving average, changing hands as low as $29.41 per share. The stock is currently trading 3.62% down their SMA 50. The worst hit in its 52 week range is $22.07 per share, with $39.95 as the 52 week best price, that compares with a latest closing price of $29.50.