General Motors Company (NYSE:GM) shares have come under pressure after the DOJ announced that it would examine the company’s recent ignition recall. Our initial view of the situation hasn’t changed—at the moment we do not see a significant direct financial impact to GM but are monitoring reputational headline risks that threaten to impact General Motors’ share and pricing, even if temporarily. To help investors frame the situation, we’ve analyzed how past U.S. recalls impacted share and ATPs. General Motors Company (NYSE:GM) shares after opening at $33.85 moved to $34.56 on last trade day and at the end of the day closed at $34.09.Company price to sales ratio in past twelve months was calculated as 0.31 and price to cash ratio as 1.64. General Motors Company (NYSE:GM) showed a negative weekly performance of -9.55%.
Ford Motor Company (NYSE:F) increased European car sales by 11.6 percent in February, the brand’s ninth straight monthly gain, fueled by demand for compact vehicles and SUVs. Deliveries in the so-called Euro-20 markets, including all major countries plus the Baltic states, rose to 69,900 models, extending the two-month gain to 10.4 percent or 150,800 autos, Ford Europe said on Friday. Ford Motor Company (NYSE:F) shares fell -0.66% in last trading session and ended the day on $15.08. LNKD return on equity ratio is recorded as 34.20% and its return on assets is 3.60%. Ford Motor Company (NYSE:F) yearly performance is 15.38%.
From Auto-dealers’ conflicts to the frenzy of a fan made ad, Tesla motors Inc (NASDAQ:TSLA) appears to have a multifaceted role. Dealers hate it, fans love it and investors are questioning how to put more money on the rising star before all the good cash is skimmed away. Tesla Motors Inc (NASDAQ:TSLA) shares moved down -2.87% in last trading session and was closed at $230.97, while trading in range of $228.32-$236.94. Tesla Motors Inc (NASDAQ:TSLA) year to date performance is 53.54%.
Toyota Motor Corp. (NYSE: TM) announced Wednesday morning that the company would raise workers’ base pay by 0.8% or $26 a month at the beginning of the new fiscal year that starts April 1st. This is Toyota’s first base wage increase since 2008, and according to a report in The New York Times, most of the country’s other largest manufacturers will also be raising the base pay for their workers.
Toyota Motor Corp (ADR) (NYSE:TM) weekly performance is -4.56%. On last trading day company shares ended up $108.76. {Full Company Name} distance from 50-day simple moving average is -6.95%. Analysts mean target price for the company is $139.67.