|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||9.32 - 9.32|
|52-week range||9.32 - 14.64|
|Beta (5Y monthly)||1.58|
|PE ratio (TTM)||7.32|
|Forward dividend & yield||0.35 (3.64%)|
|Ex-dividend date||26 Sep 2019|
|1y target est||N/A|
Japan's Honda Motor Co and Isuzu Motors Ltd on Wednesday said they would jointly research the use of hydrogen fuel cells to power heavy-duty trucks, looking to expand fuel cell use by applying the zero-emission technology to larger vehicles. As part of a two-year deal, Isuzu will test Honda's fuel cell powertrain, which was designed for passenger cars, in Isuzu's commercial trucks, the companies said, which could pave the way for using the technology in a wider range of vehicles.
TOKYO/STOCKHOLM (Reuters) - Sweden's Volvo AB will sell its Japan-based UD Trucks business to Isuzu Motors in a deal worth around $2.3 billion, exiting a low-margin business and boosting its cash pile as competition for high-tech trucking heats up. The deal, announced by the companies on Wednesday, is part of a broader alliance that will see them share advanced technology for electric and self-driving trucks and use their combined heft to cut development costs. Volvo shares rose 5% in morning trading.