Strong Sales, Increased Market Share, New Products and Project Announcements - Research Report on Tesla, Ford, Visteon, Westport, and Kandi

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Aug 14, 2013, 08:00 ET

LONDON, August 14, 2013 /PRNewswire/ --

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Today, Investors' Reports announced new research reports highlighting Tesla Motors Inc. (NASDAQ: TSLA), Ford Motor Company (NYSE: F), Visteon Corporation (NYSE: VC), Westport Innovations Inc. (NASDAQ: WPRT), and Kandi Technologies Corporation (NASDAQ: KNDI). 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 August 7, 2013, Tesla Motors Inc. (Tesla) released its Q2 2013 financial results with total revenues increase of 1420.1% YoY to $405.1 million. Net loss was $30.5 million or $0.26 per diluted share, in Q2 2013, compared to net loss of $105.6 million or $1.0 per diluted share, in Q2 2012. Tesla stated that demand for its Model S continues to grow globally, driven by the Company's geographic expansion and enhancements to both the product and ownership experience. The Company further said that it expects Q3 2013 production to increase from the productive level of Q2 2013, but a considerable number of vehicles produced during the quarter are likely to be transited to European markets. Further, Tesla stated that in Q3 2013 it plans to deliver slightly over 5,000 Model S vehicles, and for 2013 it estimates to deliver 21,000 vehicles worldwide. 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.investorsreports.com/report/2013-08-12/TSLA]

Ford Motor Company Research Report

On August 6, 2013, Ford Motor Company (Ford) announced that it has extended its leadership in the U.K region with substantial increase in July 2013 car sales. According to Ford, its car sales increased 38.2% YoY to 25,597 units, while its share of car sales increased by 2.8 percentage points (compared to July 2012) to 15.8% in July 2013. The Company stated that Fiesta emerged as its U.K. bestseller in July 2013, as its market share increased by 0.4 percentage points to 5.7% YoY. Ford further said that with more than 3,000 orders placed since its launch in March 2013, sales of its new Fiesta ST has outgrown expectations at double the projected rate. At the same time, Ford's Focus took the second slot, as its market share grew 1.2 percentage points to 4.5% YoY during the month. 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.investorsreports.com/report/2013-08-12/F]

Visteon Corporation Research Report

On August 8, 2013, Visteon Corporation (Visteon) announced its Q2 2013 financial resultswith sales up 11.8% YoY to $1.9 billion. Net income attributable to Visteon was $65 million or $1.29 per diluted share, in Q2 2013, compared to $75 million or $1.40 per diluted share, in Q2 2012. Tim Leuliette, President and CEO of Visteon, said, "I am pleased that key performance metrics of sales, gross margin and adjusted EBITDA improved year-over-year in all regions, including Europe, where the overall economy remains weak. We are raising full-year guidance in view of our positive performance and generally favorable business conditions in key markets." He added, "Our strong technology is positively impacting our results, as key new vehicle programs with Visteon content - particularly in climate and electronics - launch around the world." The company anticipates 2013 sales to be within $7.3 billion to $7.5 billion. The Full Research Report on Visteon Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/VC]

Westport Innovations Inc. Research Report

On August 1, 2013, Westport Innovations Inc. (Westport) announced that the Company will offer the newly introduced natural gas powered Ford F-150, which includes the Westport WiNG Power System in both the United States and Canada. John Lapetz, Vice President of Westport, said, "Our customers have been anticipating the availability of a natural gas version of Ford's flagship pick-up truck, and as we believe Westport has the largest portfolio of Ford Qualified Vehicle Modifier (QVM) products, this will give us even greater options for fleets and consumer. Ford has recognized the market demand and responded by adding one of its most popular models to the natural gas line-up." The Company said that its WiNG powered Ford F-150 will serve customers a variety of options to meet their needs, in a variety of cab, bed and driveline configurations, and it expects to begin deliveries in Q1 2014. Westport informed that Pricing and details on how to order the Westport WiNG powered F-150 trucks will be available in September 2013. The Full Research Report on Westport Innovations Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/WPRT]

Kandi Technologies Corporation Research Report

On August 9, 2013, Kandi Technologies Group, Inc. (Kandi) announced that the construction of pure EV smart vertical parking and charging facilities for public EV sharing system (the Project) is on schedule. The Company stated that based on the latest progress report, it expects to complete the construction of five pure EV smart vertical parking and charging facilities in September 2013. Further, 30-40 pure EV smart vertical charging facilities are also expected to be built in Hangzhou City, by the end of 2013. Lastly, the Company expects that 5000 to 10,000 Kandi pure EV 'JNJ6290EV' model and Kandi-Geely co-developed Brand 'JL7001BEV' will be deployed in Hangzhou City by August 2014, based on the progress. The Full Research Report on Kandi Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-12/KNDI]

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