Tesla Plans for Mercedes Co-Release and 4 Auto Stocks Making Headlines Now
Ford Motor Co. (NYSE:F): current price $13.01
Ford Motor Co. reported that January sales are up by 21.8% to 166,501 units.
General Motors Company (NYSE:GM): Current price $28.21
General Motors Company has reported that as of January 31, they have an inventory of 737,885 vehicles, including 234,342 full-size pickups. There is a 95 day supply for vehicles on an adjusted basis and a 117 day supply of full-size pickups on adjusted basis.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.
Toyota Motor Corporation (NYSE:TM): Current price $98.04
According to China Daily, Toyota Motor Corporation will recall almost 23,000 vehicles they exported to China. The vehicles are being recalled due to faulty windshield wipers, the newspaper explained, citing a Chinese regulator.
Honda Motor Co., Ltd. (NYSE:HMC): Current price $38.61
Do not count Honda Motor Co. among Japanese exporters preparing for a financial bonanza from the tumbling yen. Unlike Nintendo Co. and Japan Tobacco Inc., which raised their profit forecasts this week, Tokyo-based Honda cut their net income expectations for the year ending March, assuming the yen will trade at levels that have been outdated since November. Chief Financial Officer, Fumihiko Ike, said that Honda is being “extra careful” with their yen forecasts because they do not know what to expect in February and March.
Tesla Motors, Inc. (NASDAQ:TSLA): Current price $38.27
One year from now, Mercedes will co-release their all-new electric car that has been co-engineered with Tesla Motors, Inc.
Don’t Miss: Will January Auto Sales Set the Pace for 2013?