16.06.2014 - Ford Motors wants to conquer China
The stock price of the automobile giant Ford Motors continues to grow gradually. Despite the intense competition on the market of America, the company managed to increase profits in the past year and to increase dividends by 50%. Analysts estimate earnings per share in 2014 at $ 1.32, and in 2015 - $ 1.91.
One of the key directions of the company is the Chinese market at which the corporation plans to increase presence in 2015 to 6% of the market from 4.1% in 2013. In addition, it is planned to increase sales in the premium car segment by promoting Lincoln brand that will compete with the German BMW, Mercedes and Audi.
The automaker expects that about 40% of its vehicles sold will be in China in 2020 and the bet of the company on this market gives reason to expect continuation of growth of prices on the stock market.