Honda Set to Break Out and 4 Auto Stocks Making Headlines Now

Ford Motor Co. (NYSE:F): Current Price: $13.37

Ford Motor Company (NYSE:F) has announced a strategic collaboration demonstrating the ways a typical American family is able to significantly lower both their electricity bills and CO2 footprint via the integration of home appliance technology with a plug-in vehicle to achieve an energy-efficient lifestyle. The Ford-led MyEnergi Lifestyle collaboration is to include Eaton (NYSE:ETN), SunPower (NASDAQ:SPWR), and Whirlpool (NYSE:WHR). Additional featured companies include semiconductor provider Infineon and Nest Labs, which has its most recent learning thermostat represented in the research and implementation phase of the collaboration. MyEnergi Lifestyle attempts to show how combining renewable energy generation with “time-flexible” loads is able to optimize the energy consumption across a plug-in vehicle and home appliances.

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General Motors Company (NYSE:GM): Current Price: $29.39

GM is probably going to keep its position in the U.S. following a huge drop in its market share, which fell to its lowest since 1924. GM could potentially end the year with a 17.9 percent U.S. market share, which is in line with where it finished 2012, according to Bloomberg’s survey of five analysts.

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Toyota Motor Corporation (NYSE:TM): Current Price: $93.77

Toyota Motor Corp. has, yet again, recalled more vehicles than any other automakers that operated in the U.S. market during 2012.

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Honda Motor Co., Ltd. (NYSE:HMC): Current Price: $36.36

Honda Motors did not make a significant amount of headway during the most recent two years, but a victory by newly appointed Prime Minister Shinzo Abe was able to assist in pulling the shares above $35, possibly leading the way for larger future gains.The company’s stock was trapped in a narrow trading range ($30 to $34) for the majority of 2012,  but ChartWatch has  noted Honda as set to break out.

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Tesla Motors, Inc. (NASDAQ:TSLA): Current Price: $33.64

According to a proposed law, the company’s electric vehicle engine is soundless and poses a threat to pedestrians. Because of this, the law would require auto makers to install a sound-producing device that would alert pedestrians, when the vehicle is traveling under 18 MPH, reports Bloomberg.

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