Toyota Modifies Start Buttons and 4 Auto Stocks Making Headlines Now

Ford Motor Co. (NYSE:F): Current Price: $13.45

Ford sold 239 acres of the former Wixom Assembly Plant to Trident Barrow Management, according to the Detroit News.

Capture

Save time and make money with our LOWEST ADVERTISED PRICE EVER to help you achieve your financial goals in 2013. This is a LIMITED TIME OFFER, so get your Stock Picker Newsletter now!

General Motors Company (NYSE:GM): Current Price: $29.56

Clear Channel Media along with Entertainment (CCMO) announced that iHeartRadio will expand across the automotive industry considering its integrations in Chrysler Group (FIATY) and General Motors vehicles and a new made-for-driving application. “iHeartRadio for Auto” will offer seamless and standardized access to the iHeartRadio digital music platform. iHeartAuto will launch today and it is to be supported for select aftermarket auto entertainment products.

Capture

Don’t Miss: Is Apple Making Cars a Serious Business?

Toyota Motor Corporation (NYSE:TM): Current Price: $95.70

Toyota quietly made a change in the majority of its models with the ability to save lives if a car’s accelerator sticks open, but this move is not the focus of the $1.1-billion settlement of Toyota’s unintended acceleration lawsuits. Toyota changed the start-stop buttons in most of its models, shutting the engine off after three quick pushes, or after being continuously pushed for two seconds. These are noticeable changes from the old policy requiring a continuous three-second push as a means to shut down the power.

Capture

Save time and make money with our LOWEST ADVERTISED PRICE EVER to help you achieve your financial goals in 2013. This is a LIMITED TIME OFFER, so get your Stock Picker Newsletter now!

Honda Motor Co., Ltd. (NYSE:HMC): Current Price: $37.22

Three Honda car models were named as some of the safest vehicles in the U.S., according to Columbus Business First. The Insurance Institute for Highway Safety has named 13 Top Safety Pick+ award winners for 2013. The list includes the Honda Accord sedan and coupe and the Acura TL. Honda Motor Co. builds these lines at its Marysville factory, just north of Dayton, Ohio.

Capture

Tesla Motors, Inc. (NASDAQ:TSLA): Current Price: $34.19

Since Tesla experienced a court victory in Norfolk Superior Court last week, Musk has the potential to become known as a pioneer of another revolutionary concept in the auto industry, which is the straight-to-consumer sales model. The model was questioned in a various states, including Massachusetts and Oregon. For a long time, auto manufacturers have followed a system under which they sell their cars via third-party franchisees. However, Tesla sees a different approach. This company prefers to open its own showrooms and bypass the middlemen.

Capture