Toyota Sets Production Record and 4 Auto Stocks Making Headlines Now
Ford Motor Co. (NYSE:F): Current Price: $13.99
The company has intentions to hire 2,200 salaried workers in the U.S. during the year as a way to support the ongoing aggressive pace of new Ford product introductions. The hiring will add to the over 8,100 combined hourly and salaried jobs that Ford added in the U.S. in 2012.
General Motors Company (NYSE:GM): Current Price: $30.34
In a formal announcement on Thursday, the company announced that it will open a technology development center in metro Atlanta, located in Roswell. According to sources, the company could employ as many as 1,500 people, The Atlanta Business Chronicle reports.
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Toyota Motor Corporation (NYSE:TM): Current Price: $96.23
Toyota set a new production record in North America, as it manufactured almost 1.8 million vehicles during 2012, which is a 40 percent increase over 2011. This number also exceeds the automaker’s previous record of 1.72 million vehicles that were assembled in 2007.
Honda Motor Co., Ltd. (NYSE:HMC): Current Price: $38.21
Production of Honda’s 2014 Accord Hybrid will be moved from Sayama, Japan to Marysville, Ohio, indicating that the company will invest about $23 million in the upgrades to the Marysville plant along with hiring 50 more workers.
Tesla Motors, Inc. (NASDAQ:TSLA): Current Price: $32.85
Telsa has a set policy to not reveal monthly sales figures or production figures until forced by law, meaning people will be foreced to wait another month or so before knowing how many Tesla Model S electric cars it built, and the amount it delivered, through December 31 of last year.
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