Leadership Changes, Philanthropic Activities, PreliminaryFinancial Results, and Monthly Vehicle Production Updates - Research Report on Tesla, GM, Ford, Toyota, and Honda Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Tesla Motors, Inc. (NASDAQ: TSLA), General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Toyota Motor Corporation (NYSE: TM), and Honda Motor Co., Ltd. (NYSE: HMC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tesla Motors, Inc. Research Report
On October 24, 2013, Tesla Motors, Inc. (Tesla) announced the appointment of Doug Field as the Company's Vice President of Vehicle Programs. According to the Company, in his new role, Field is responsible for driving development of new vehicles. Tesla informed that prior to joining the Company Mr. Field served as the Vice President of Mac Hardware Engineering at Apple, where he led the development of many new products, including the MacBook Air, MacBook Pro, and iMac. Elon Musk, Co-Founder and CEO of Tesla said, "Tesla's future depends on engineers who can create the most innovative, technologically advanced vehicles in the world. Doug's experience in both consumer electronics and traditional automotive makes him an important addition to our leadership team." The Full Research Report on Tesla Motors, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4e6f_TSLA]
General Motors Company Research Report
On October 24, 2013, General Motors Company (GM) reported the General Motors Foundation (GM Foundation) has donated $150,000 to Mothers Against Drunk Driving (MADD), a nonprofit organization that works to protect families from drunk driving and underage drinking. According to the Company, the donation aims to widen prevention education initiatives and provide support services to victims of drunken driving crashes and their families. Michael Robinson, Vice President of Sustainability and Global Regulatory Affairs at GM, said, "Keeping drivers and passengers safe in and around vehicles is a top priority for our company and this grant is another example of our dedication to vehicle safety in every form. Until we reach the point where impaired driving and related tragedies are eliminated, we'll continue to support MADD's commitment to addressing the problem." GM stated that since 1995, the GM Foundation has donated grants totaling c.$3.9 million to support MADD's drunk-driving prevention and victim recovery work, and to raise awareness on the importance of having a designated driver. The Full Research Report on General Motors Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7634_GM]
Ford Motor Company Research Report
On October 24, 2013, Ford Motor Company (Ford) announced that its subsidiary Ford Motor Credit Company (Ford Credit) has released its Q3 2013 preliminary financial results. The Company reported total financing revenue of c.$2.2 billion, up 11.0% YoY and pre-tax profit of $427 million, up 8.7% YoY, during the quarter. According to the Company, the increase in pre-tax earnings was attributed to higher volume in North America. Net income for the quarter came in at $272 million, down 23.4% YoY. Ford Credit's Chairman and CEO Bernard Silverstone said. "We remain solidly on track for 2013. We are growing along with Ford and continue to offer a full range of financing products and the world-class services that support Ford sales, our dealers and customers." For full-year 2013, Ford Credit expects pre-tax profits to be about equal to full-year 2012. The Full Research Report on Ford Motor Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4863_F]
Toyota Motor Corporation Research Report
On October 28, 2013, Toyota Motor Corporation (Toyota) announced production, domestic sales, and export results for September 2013. The Company reported that during the month its total worldwide production was 867,987 units, up 11.6% YoY. Toyota produced a total of 372,308 units in Japan, up 9.5% YoY, while production outside Japan increased by 13.3% YoY to 495,679 units in September 2013. Japan sales volume totaled 212,143 units, up 14.2% YoY, and exports stood at 166,154 units, up 0.9% YoY, during the month. The Full Research Report on Toyota Motor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/daa0_TM]
Honda Motor Co., Ltd. Research Report
On October 28, 2013, Honda Motor Co., Ltd. (Honda) reported production, Japan domestic sales, and export results for September 2013. In September 2013, the Company produced 80,206 units in Japan and 298,394 units outside of Japan, representing an increase of 11.1% and 21.0% YoY, respectively, resulting in worldwide vehicle production of 378,600 units, up 18.7% YoY. Honda's total sales in Japan totaled at 74,779 units, representing an increase of 40.1% YoY, while the Company's total exports increased by 8.6% YoY to 10,523 units. The Full Research Report on Honda Motor Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/78e6_HMC]
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