Previous close | 8.67 |
Open | 8.58 |
Bid | 8.51 x 0 |
Ask | 8.52 x 0 |
Day's range | 8.45 - 8.58 |
52-week range | 7.72 - 11.85 |
Volume | |
Avg. volume | 37,077,921 |
Market cap | 71.563B |
Beta (5Y monthly) | 0.41 |
PE ratio (TTM) | 21.82 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.15 (1.73%) |
Ex-dividend date | 13 Jun 2024 |
1y target est | N/A |
Chinese state-owned carmaker Guangzhou Automobile Group (GAC) said it plans to intensify its push into Hong Kong's electric vehicle market by setting itself an ambitious target of 4,000 sales in the city by the end of this year. GAC Aion, the electric vehicle (EV) unit of GAC, the Chinese partner of Toyota and Honda, aims to meet this target by introducing more new-energy car models to the city's drivers later in the year, according to Coleman Cheung, general manager of Harmony Motor Aion in Hon
TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, and is discussing its exit with local joint venture partner Guangzhou Automobile Group, the Nikkei newspaper reported on Wednesday, without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said. Mitsubishi Motors said talks about the future of its China business with the shareholders in the joint venture (JV) in the country were ongoing and that nothing had been decided about it.
Mitsubishi Motors' joint venture with China's Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs to try to revive its fortunes after sharp sales declines for sport utility vehicles (SUV) such as the Outlander. State-owned automaker GAC said in a statement the venture would look to "optimise" its employment as part of an effort to rescue and transform the venture. GAC did not say how many employees would be affected.