Tesla Motors Inc. (NASDAQ:TSLA) the electric-car maker planning to build the world’s largest battery plant, said its deal to supply Toyota Motor Corp. with battery packs and motors for a rechargeable crossover will conclude this year. Tesla Motors Inc. (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -13.58%. On last trading day company shares ended up $182.26. Analysts mean target price for the company is $224.83. Tesla Motors Inc. (NASDAQ:TSLA) distance from 50-day simple moving average (SMA50) is -17.08%.
Fiat SpA (ADR) (OTCMKTS:FIATY) unit Maserati, whose Gran Turismo starts from 22 million yen ($217,000), more than doubled deliveries in Japan to 714 vehicles in the year ended March, the biggest gain among luxury brands. Fiat S.p.A. (ADR) (OTCMKTS:FIATY) shares increased 1.16% in last trading session and ended the day on $10.45.
Ford Motor Co (NYSE:F) is recalling more than 750,000 vehicles, most of them Escape sport utility vehicles, in North America to address possible software and door-handle problems. Ford Motor Company (NYSE:F) shares moved down -0.25% in last trading session and was closed at $15.77, while trading in range of $15.73 – $15.90. Ford Motor Company (NYSE:F) year to date (YTD) performance is 3.82%.
General Motors Co, (NYSE:GM) already locked in a public relations crisis because of a deadly ignition defect that has triggered the recall of 2.6 million vehicles, has a new perception problem on its hands. General Motors Company (NYSE:GM) ended the last trading day at $34.23. Company weekly volatility is calculated as 1.51% and price to cash ratio as 1.95.General Motors Company (NYSE:GM) showed a negative weekly performance of -2.12%.
Daimler AG (USA) (OTCMKTS:DDAIF) said on 6 may its April automobile sales jumped 13% compared with a year earlier on rising demand for its Mercedes-Benz vehicles in the U.S., China and Europe. The German company sold 141,469 cars in April, boosted by a 14% increase in sales of its Mercedes-Benz brand while its Smartcar sales declined 4%, Daimler said. On last trading day company shares ended up $89.10.
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