Financial Results, Monthly Sales Figures, and Increase in Planned Spending - Research Report on Tesla, Ford, GM, Toyota, and Tata Motors
NEW YORK, August 20, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Tesla Motors, Inc. (NASDAQ: TSLA), Ford Motor Co. (NYSE: F), General Motors Company (NYSE: GM), Toyota Motor Corporation (NYSE: TM), and Tata Motors Limited (NYSE: TTM). 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. Total revenues increased significantly to $405.1 million during the quarter, from $26.7 million in Q2 2012. Net loss came in at $30.5 million, or diluted loss per share of $0.26, compared to net loss of $105.6 million, or diluted loss per share of $1.00, in Q2 2012. Tesla expects to increase its vehicle production but anticipates a considerable number of vehicles produced during the quarter to be in transit to European markets at the end of Q3 2013. As a result, the Company expects to deliver approximately 5,000 Model S units in Q3 2013, remaining on track to deliver 21,000 vehicles worldwide for 2013. 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.AnalystsCorner.com/r/full_research_report/4e6f_TSLA]
Ford Motor Co. Research Report
On August 15, 2013, Ford Motor Co. (Ford) announced that its European sales in July 2013 increased more than twice as fast as the overall industry. Ford reported that its European sales growth was 8.7% YoY to 90,000 vehicles, compared to the overall industry sales growth of 4.3% YoY. According to the Company, its Fiesta, Kuga, B-MAX, and Transit Custom models were the major drivers of its July 2013 sales. Commenting on the sales, Roelant de Waard, Vice President of Marketing, Sales, and Service for Ford, Europe, stated, "It was welcome news to see overall vehicle sales improved compared with a year ago, and we are especially pleased that Ford's sales rose faster than the industry." Waard continued, "We are seeing signs of stabilisation in the market, but it is too early to say a recovery is underway given the continuing economic uncertainty." The Full Research Report on Ford Motor Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4863_F]
General Motors Company Research Report
On August 6, 2013, General Motors Company (GM) announced that it has increased its planned spending for new vehicles to be produced at its Spring Hill assembly plant to $350 million from its previously announced plan of $183 million. The Company stated that the new investment includes an additional $40 million for its future mid-size vehicle program and $127 million for its second mid-size vehicle program. The Full Research Report on General Motors Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7634_GM]
Toyota Motor Corporation Research Report
On August 9, 2013, Toyota Motor Corporation (Toyota) announced that FAW Toyota Research & Development Co., Ltd (FTRD), its joint venture R&D Company with China FAW Group Corporation (FAW), celebrated the groundbreaking ceremony of its new facility in the Western Zone of the Tianjin Economic-Technological Development Area (TEDA). Hiroji Onishi, Senior Managing Officer of Toyota, stated, "FTRD is an extremely important base for future business development in China as we aim to create ever-better cars that meet the needs of Chinese consumers." The Full Research Report on Toyota Motor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/daa0_TM]
Tata Motors Limited Research Report
On August 14, 2013, Tata Motors Limited (Tata Motors) released its July 2013 wholesales results. Global wholesales were 87,566 nos., including Jaguar Land Rover, in July 2013. Cumulative wholesales for FY 2013 were 335,067 nos. Global wholesales for Tata, Tata Daewoo and the Tata Hispano Carrocera range commercial vehicles were 40,882 nos. Cumulative wholesales for commercial vehicles during FY 2013 were 161,088 nos. The Full Research Report on Tata Motors Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/07b0_TTM]
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SOURCE Analysts' Corner
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