Japan’s second-biggest automaker Nissan Motor Co. Ltd. (ADR) (OTCMKTS:NSANY) aims to sell 40,000 affordable eco-friendly cars under its revived Datsun brand, which began to roll off the production line at its new plant in Purwakarta, West Java, on Thursday. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) weekly performance is -2.58%. On last trading day company shares ended up $17.02. Analysts mean target price for the company is $18.78. Nissan Motor Co., Ltd. (ADR) (OTCMKTS:NSANY) distance from 50-day simple moving average (SMA50) is -2.31%.
Ford Motor Company (NYSE:F) said it will be buying back up to 116 million shares of company stock worth around $1.8 billion. Ford said the buybacks will help offset potential dilution from convertible debt and stock-based compensation for employees. This can increase the number of shares on the market and weigh on per-share earnings. Ford can help boost its earnings per share by buying back the shares. Ford Motor Company (NYSE:F) shares advanced 2.26% in last trading session and ended the day on $15.81. F Gross Margin is 12.20% and its return on assets is 3.30%. Ford Motor Company (NYSE:F) quarterly performance is 7.33%.
Tesla Motors Inc. (NASDAQ:TSLA) fell the most in six months after reporting car deliveries last quarter that trailed the highest analyst estimate amid battery-supply constraints and saying it faces a possible sales ban in Missouri. Tesla Motors Inc (NASDAQ:TSLA) shares moved down -11.30% in last trading session and was closed at $178.59, while trading in range of $178.00 – $194.40 -. Tesla Motors Inc (NASDAQ:TSLA) year to date (YTD) performance is 18.72%.
General Motors Company (NYSE:GM) said on Thursday it has recalled 8,590 Buick and Chevrolet sedans in North America to address a potential braking problem. The No. 1 U.S. automaker said it recalled certain 2014 model year Buick LaCrosse and Chevy Malibu sedans for possible reduced braking performance because rear brake rotors may have been installed in the front brake assembly, which could shorten the life of the front brake pad and increase the risk of a crash. GM said it was unaware of any accidents or injuries related to the issue. A rear brake rotor is 7 millimeters thinner than a front version by design and over time higher heat generated by the thinner rotors will shorten brake pad life, GM said. General Motors Company (NYSE:GM) ended the last trading day at $34.85. Company weekly volatility is calculated as 1.34% and price to cash ratio as 0.36. General Motors Company (NYSE:GM) showed a negative weekly performance of -0.14%.
Toyota Motor Corp (ADR) (NYSE:TM) chalked up a record annual profit and sales above 10 million vehicles for the first time, but forecast Thursday a slower year ahead as the momentum from a weak yen fades. Expenses such as the $1.2 billion penalty it paid in a settlement with the U.S. Justice Department earlier this year for hiding information about defects in its cars dented its profit for January-March quarter, according to Toyota. Toyota Motor Corp (ADR) (NYSE:TM) net profit margin is 7.40% and weekly performance is -1.44%. On last trading day company shares ended up $108.15. 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 -1.84%.