Auto Manufacturers Announce Earnings and Monthly Sales Results, and Achieve Several Milestones - Analyst Notes on Tesla, Ford, Honda, Tata Motors and Kandi
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, May 23, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Tesla Motors, Inc. (NASDAQ: TSLA), Ford Motor Co. (NYSE: F), Honda Motor Co., Ltd. (NYSE: HMC), Tata Motors Ltd. (NYSE: TTM) and Kandi Technologies, Corp (NASDAQ: KNDI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2846-100free.
--
Tesla Motors, Inc. Analyst Notes
On May 16, 2014, Bloomberg reported that Tesla Motors, Inc.'s (Tesla) CEO Elon Musk spoke at the World Energy Innovation Forum, an annual conference hosted by Tesla board member Ira Ehrenpreis. Musk stated that there is a need for hundreds of "gigafactories" like the one that Tesla is planning to build for lower-cost batteries for autos and power storage. According to Musk, Tesla anticipates the battery factory to reduce the cost of lithium-ion cells by more than its initial guidance of 30%. Further, Bloomberg reported that the Company is getting close to deciding where it will build the first such proposed facility, which Musk estimates will cost as much as $5 billion and involve partner companies such as Panasonic Corp. The full analyst notes on Tesla are available to download free of charge at:
http://www.analystsreview.com/2846-TSLA-23May2014.pdf
--
Ford Motor Co. Analyst Notes
On May 14, 2014, Ford Motor Co. (Ford) announced that the Company's European sales rose 6.6% in April 2014, and its total market share increased by 0.2% to 7.9%, marking the 11th straight month of year-over-year sales improvement and fifth successive month of market share gains. Vice President for Marketing, Sales and Service, Ford of Europe, Roelant de Waard, said, "Vehicle sales in Western Europe are starting to improve modestly, and we have been consistently outpacing the industry thanks to a very fresh product line. At the same time, we continue to focus on sales to retail and fleet customer, which are healthiest for our brand and resale values." The full analyst notes on Ford are available to download free of charge at:
http://www.analystsreview.com/2846-F-23May2014.pdf
--
Honda Motor Co., Ltd. Analyst Notes
On May 19, 2014, Honda Aircraft Company, a wholly owned subsidiary of Honda Motor Co., Ltd., announced several achievements and milestones in the development of the HondaJet at a press conference at the European Business Aviation Convention and Exhibition (EBACE) in Geneva, Switzerland. The Company revealed the first production HondaJet and stated that the aircraft is ready for ground tests. "Honda Aircraft Company's most important goals are achieving Federal Aviation Administration Type Certification and delivering the first customer aircraft," said Honda Aircraft Company President and CEO Michimasa Fujino. "Our total effort is focused on reaching these much anticipated milestones in the first quarter of 2015." The full analyst notes on Honda are available to download free of charge at:
http://www.analystsreview.com/2846-HMC-23May2014.pdf
--
Tata Motors Ltd. Analyst Notes
On May 15, 2014, Tata Motors Ltd. (Tata Motors) announced that its global wholesales for Jaguar Land Rover in the month of April 2014 witnessed a growth of 39% YoY to 40,137 vehicles. Tata also stated that its global wholesales in April 2014, including Jaguar Land Rover, were 75,026 nos., and global wholesales of all commercial and passenger vehicles were 27,054 nos. and 47,972 nos., respectively. Individually, Jaguar wholesales and Land Rover wholesales for the month were 5,704, and 34,433 nos., respectively. The full analyst notes on Tata Motors are available to download free of charge at:
http://www.analystsreview.com/2846-TTM-23May2014.pdf
--
Kandi Technologies, Corp Analyst Notes
On May 13, 2014, Kandi Technologies, Corp (Kandi) reported its financial results for Q1 2014. During the quarter, revenues increased 174.0% YoY to $40.2 million. The Company reported a net loss of $14.1 million or $0.36 loss per diluted share in Q1 2014, compared to a net income of $2.2 million or $0.07 per diluted share in Q1 2013. Commenting on the results, Kandi Chairman and CEO Xiaoming Hu said, "During the first quarter, Kandi has once again experienced the significant growth in EV related business sales. We are satisfied with the financial results we have achieved in the slowest quarter of the year. The Public EV Sharing Project in Hangzhou is making modest progress and several other cities have approached us to discuss implementation of the project in their cities. We are very confident about the continuous high growth of our EV business. Through our partnership with Geely and our advanced production capabilities, we soon expect to become the leading fully integrated provider of pure EVs in China." The full analyst notes on Kandi are available to download free of charge at:
http://www.analystsreview.com/2846-KNDI-23May2014.pdf
--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com .
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com .
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article