|Bid||13.42 x 42100|
|Ask||13.43 x 28800|
|Day's Range||13.31 - 13.48|
|52 Week Range||10.47 - 13.48|
|PE Ratio (TTM)||12.16|
|Earnings Date||Jan 24, 2018|
|Forward Dividend & Yield||0.60 (4.54%)|
|1y Target Est||12.85|
Cadillac sold 156,00 vehicles in the United States last year. It sold 175,000 in China. That makes 2017 the first year the General Motors luxury division has sold more vehicles in China than in its home market. There’s good news and bad news in those numbers.
Tesla isn’t even present at this year’s Detroit auto show—typical for a company that shuns the traditions of the hidebound auto industry. But it’s a topic of conversation nonetheless.
Among the companies with shares expected to trade actively in Monday's session are Citigroup Inc., General Electric Co., UnitedHealth Group Inc., Apple Inc., Alphabet Inc. and Amazon.com Inc.
A top Ford Motor executive said the company will now spend $11 billion on electrified vehicles through 2022, increasing its previous estimates as it races to catch up on battery-powered cars.
GM’s main brand is revealing the first new Silverado—its top-selling U.S. vehicle and among the highest-margin products in the auto industry—in more than five years.
Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows. With the world's top automakers poised to introduce dozens of new battery electric and hybrid gasoline-electric models over the next five years - many of them in China - executives continue to ask: Who will buy all those vehicles?
Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States, Canada and Mexico can successfully conclude a modernized and improved trade pact. Fiat Chrysler Automobiles NV (FCA) Chief Executive Sergio Marchionne, who announced last week plans to shift heavy pickup truck production from Mexico to Michigan by 2020, said he hoped the Trump administration would "retune" some of its trade talk demands.
Ford CEO Jim Hackett has a message for those who think the automaker is falling behind other automakers: Relax.