Aaron Jacoby, a partner at Arent Fox, discusses Tesla Motors Inc. (NASDAQ:TSLA)’s legal battle with car dealers over its direct sales to customers. Many states have made such direct sales illegal. He talks with June Grasso and Mark Mills on Bloomberg Radio’s “Bloomberg Law.” Tesla Motors Inc. (NASDAQ:TSLA) shares after opening at $236.02 moved to $236.20 on last trade day and at the end of the day closed at $228.89. Company price to sales ratio in past twelve months was calculated as 13.96 and price to cash ratio as 33.24. Tesla Motors Inc. (NASDAQ:TSLA) showed a negative weekly performance of -0.90%.
Ford Motor Co. (NYSE:F), which has three auto factories in Russia, is monitoring the sanctions against that nation for its involvement in Ukraine and hasn’t yet seen an impact on its business, the automaker’s No. 2 executive said. Ford Motor Company (NYSE:F) shares fell -0.51% in last trading session and ended the day on $15.47. F return on equity ratio is recorded as 34.20% and its return on assets is 3.60%. Ford Motor Company (NYSE:F) yearly performance is 19.83%.
General Motors Company (NYSE:GM) has enlisted the help of Enterprise, Hertz and other rental car companies to fill in for thousands of owners who have requested loaner vehicles after the ignition switch recall. General Motors Company (NYSE:GM) shares moved down -0.71% in last trading session and was closed at $35.01, while trading in range of $34.78 – $35.50. General Motors Company (NYSE:GM) year to date (YTD) performance is -13.58%.
Honda Motor Co., Ltd. (NYSE:HMC) achieved two production milestones in the U.S. recently. The company completed the production of 20 million vehicles in the nation on Mar 20. The 20 millionth vehicle was also the 10 millionth Honda Accord built in the U.S. Honda Motor Co Ltd (ADR) (NYSE:HMC) weekly performance is -1.30%. On last trading day company shares ended up $35.01. Honda Motor Co Ltd (ADR) (NYSE:HMC) distance from 50-day simple moving average (SMA50) is -6.30%. Analysts mean target price for the company is $50.01.
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