Turkish automaker Ford Motor Company (NYSE:F) net profit rose 15 percent year-on-year in the first quarter to 202.5 million lira ($95.3 million), its results showed, far exceeding a Reuters poll forecast of 84.4 million lira. The company, a partnership between Ford Motor Co and Turkey’s Koc Holding, said sales fell 20.4 percent to 2.046 billion lira in the first quarter. Ford Motor Company (NYSE:F) shares after opening at $15.94 moved to $16.05 on last trade day and at the end of the day closed at $15.97. Company price to sales ratio in past twelve months was calculated as 0.43 and price to cash ratio as 4.36. Ford Motor Company (NYSE:F) showed a negative weekly performance of -0.06%.
Testifying before Congress this month, General Motors Company (NYSE:GM) Chief Executive Officer Mary Barra said the recall of 2.59 million affected cars may prompt the company to make push-button start standard in all its vehicles. General Motors Company (NYSE:GM) shares advanced 0.12% in last trading session and ended the day on $33.76.GM return on equity ratio is recorded as 19.90% and its return on assets is 4.00%. General Motors Company (NYSE:GM) yearly performance is 11.68%.
Tesla Motors Inc. (NASDAQ:TSLA) has partnered with Alibaba Group and eHi Car Services as part of an effort to reach Chinese consumers. Tesla customers will be able to pay payments online from anywhere in China and will be able to rent Model S electric vehicles through eHi. Tesla Motors Inc. (NASDAQ:TSLA) shares moved down -0.67% in last trading session and was closed at $198.51, while trading in range of $190.50 – $203.79. Tesla Motors Inc. (NASDAQ:TSLA) year to date (YTD) performance is 31.96%.
Toyota Motor Corp (NYSE:TM)’s decision to move its operations to Texas from California should help employees that choose to follow the company south save millions of dollars in taxes, according to a study. Toyota Motor Corp (ADR) (NYSE:TM) weekly performance is -1.45%. On last trading day company shares ended up $107.07. Toyota Motor Corp (ADR) (NYSE:TM) distance from 50-day simple moving average (SMA50) is -3.82%. Analysts mean target price for the company is $126.96.
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