Automaker Stocks In News: Ford Motor Company (NYSE:F), General Motors (NYSE:GM), Tesla Motors Inc (NASDAQ:TSLA), Honda Motor (NYSE:HMC)

Posted by on Apr 19, 2014

Ford Motor Company (NYSE:F) is expecting to deliver a fair business growth in Europe market. The company expects to deliver profits in the year 2015. The market conditions in Europe seem improving and, therefore, Ford maintains an optimistic view for the coming years. Ford Motor Company (NYSE:F) shares after opening at $15.99 moved to $16.10 on last trade day and at the end of the day closed at $16.00. Company price to sales ratio in past twelve months was calculated as 0.43 and price to cash ratio as 4.37. Ford Motor Company (NYSE:F) showed a positive weekly performance of 2.37%.

General Motors Company (NYSE:GM) may be losing the public relations battle in its recall of defective cars, but the company scored a victory on Thursday in its escalating legal war. General Motors Company (NYSE:GM) shares advanced 0.03% in last trading session and ended the day on $33.90. GM return on equity ratio is recorded as 24.60% and its return on assets is 4.70%. General Motors Company (NYSE:GM) yearly performance is 18.31%.

Tesla Motors Inc (NASDAQ:TSLA) wants one thing. Car dealers in Arizona want another. Consumers mostly want what Tesla wants, but car dealers are strong in the realm of lobbying. Car dealers recently won in the Arizona legislature as a bill to grant Tesla Motors the ability to sell Teslas direct to consumers stopped short — not even making it to official consideration. Tesla Motors Inc (NASDAQ:TSLA) shares moved down -0.50% in last trading session and was closed at $198.12, while trading in range of $194.08-$202.29. Tesla Motors Inc (NASDAQ:TSLA) year to date performance is 31.70%.

Morgan Stanley cut shares of Honda Motor Co Ltd (ADR) (NYSE:HMC) from an outperform rating to a neutral rating in a research report sent to investors on Wednesday morning, ARN reports.Honda Motor Co Ltd (ADR) (NYSE:HMC) weekly performance is 2.55%. On last trading day company shares ended up $34.17. Honda Motor Co Ltd (ADR) (NYSE:HMC) distance from 50-day simple moving average is -4.24%. Analysts mean target price for the company is $43.96.

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