Fiat S.p.A. (ADR) (OTCMKTS:FIATY) CEO Sergio Marchionne said he isn’t worried about the drop in Fiat’s stock price since he outlined targets to expand sales by 60% in a new five year plan last week, saying the goals are designed to be ambitious because the “house needs direction.” On last trading day company shares ended up $9.90.
Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) has around 3 per cent market share in India but the company did not wish to forecast their expectations of market share increase in the coming fiscal. Nissan has made India the regional hub for manufacturing of their hatchback Micra and mid-size car Sunny for exports to Europe and West Asia. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) shares declined -0.56% in last trading session and ended the day on $17.77.
Recall-plagued General Motors Company (NYSE:GM) is recalling 140,067 of its 2014 Chevrolet Malibu mid-size sedans because the brakes could fail to work correctly. In a letter to the National Highway Traffic Safety Administration, GM said the vehicles involved have the 2.5-liter four-cylinder engine and automatic stop/start, which is the base equipment on the car. General Motors Company (NYSE:GM) shares moved down -1.66% in last trading session and was closed at $34.36, while trading in range of $33.83 – $34.75. General Motors Company (NYSE:GM) year to date (YTD) performance is -15.18%.
Toyota Motor Corp. (ADR) (NYSE:TM) a carmaker that gets 31 percent of its revenue in North America, lost 2.4 percent in Tokyo. Japan Display Inc. slumped 10 percent after the maker of screens for smartphones and tablets forecast a drop in profit. Toyota Motor Corp (ADR) (NYSE:TM) ended the last trading day at $109.50. Company weekly volatility is calculated as 1.04% and price to cash ratio as 4.52.Toyota Motor Corp (ADR) (NYSE:TM) showed a positive weekly performance of 1.25%.
Honda Motor Co Ltd (ADR) (NYSE:HMC) the nation’s fourth-largest car distributor last year, yesterday said car sales may rise by about 6 percent this year from last year on the back of new car launches by major brands. Honda Motor Co Ltd (ADR) (NYSE:HMC) net profit margin is 4.80% and weekly performance is 0.03%. On last trading day company shares ended up $33.06. Analysts mean target price for the company is $42.84. Honda Motor Co Ltd (ADR) (NYSE:HMC) distance from 50-day simple moving average (SMA50) is -4.27%.