Automaker Stocks: Toyota Motor Corp (ADR) (NYSE:TM), General Motors Company (NYSE:GM), Honda Motor Co (NYSE:HMC), Nissan Motor (OTCMKTS:NSANY), Volkswagen AG (OTCMKTS:VLKAY)

On May 13, 2014, Toyota Motor Corp (ADR) (NYSE:TM), deal with Tesla Motors Inc. (NASDAQ:TSLA) for the supply of battery will end this year, and with this the Japanese automaker will shift its focus from all electric systems cars to manufacturing vehicles that run on the next generation technology of hydrogen fuel cells, the Japanese firm said. Toyota Motor Corp (ADR) (NYSE:TM), net profit margin is 7.10% and weekly performance is 4.60%. On last trading day company shares ended up $109.64. Analysts mean target price for the company is $126.96. Toyota Motor Corp (ADR) (NYSE:TM), distance from 50-day simple moving average (SMA50) is 0.49%.

On May 20, 2014, General Motors Company (NYSE:GM), said it will recall another 2.42 million vehicles in the U.S., lifting the number of cars it has recalled so far in 2014 for more than 15 million. General Motors Company (NYSE:GM), advanced 0.63% in last trading session and ended the day on $33.63. GM, Gross Margin is 10.60% and its return on assets is 4.00%. General Motors Company (NYSE:GM), quarterly performance is -7.18%.

On May 19, 2014, Honda Aircraft Company, a wholly owned subsidiary of Honda Motor Co Ltd (ADR) (NYSE:HMC), announced several achievements and milestones in the development of the HondaJet at a press conference at the European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland. The Company revealed the first production HondaJet and stated that the aircraft is ready for ground tests. “Honda Aircraft Company’s most important goals are achieving Federal Aviation Administration Type Certification and delivering the first customer aircraft,” said Honda Aircraft Company President and CEOMichimasa Fujino. “Our total effort is focused on reaching these much anticipated milestones in the first quarter of 2015.” Honda Motor Co Ltd (ADR) (NYSE:HMC), shares moved up 1.31% in last trading session and was closed at $34.71, while trading in range of $34.40 – 34.71. Honda Motor Co Ltd (ADR) (NYSE:HMC), year to date (YTD) performance is -16.06%.

Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY), the global leader in electric vehicle (EV) sales, achieved another milestone this month as Dallas residents Todd and Lisa Bolt made Nissan LEAF the first all-electric model to hit 50,000 sales in the U.S. The Bolt family took delivery of their black LEAF SL earlier this month at AutoNation Nissan of Lewisville. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY), ended the last trading day at $18.02. Company weekly volatility is calculated as 1.00% and price to cash ratio as 4.86. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY), showed a positive weekly performance of 1.98%.

On May 22, 2014, MSC Software Corporation, a global leader in helping product manufacturers to advance their engineering methods with simulation software and services, announced that Volkswagen AG (ADR) (OTCMKTS:VLKAY), has selected Adams/Machinery . Volkswagen AG (ADR) (OTCMKTS:VLKAY), on last trading day company shares ended up $52.20.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *