Monthly Sales Report, Acquisitions, Expansion, and Product Launch - Research Report on General Motors, Ford, Toyota, Tata Motors, and Kandi
NEW YORK, October 4, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting General Motors Company (NYSE: GM), Ford Motor Co. (NYSE: F), Toyota Motor Corporation (NYSE: TM), Tata Motors Limited (NYSE: TTM), and Kandi Technologies Group, Inc. (NASDAQ: KNDI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Motors Company Research Report
On October 1, 2013, General Motors Company (General Motors) announced that in September 2013, its dealers sold a total of 187,195 vehicles in the US, down 11% YoY, while retail sales for the month came in 5.8% YoY lower to 149,062 vehicles. The Company informed that fleet sales were down 27% YoY while the Company's retail sales were up 2% YoY on a selling day-adjusted basis. Kurt McNeil, Vice President, US sales operations, commented, "We held our own when it comes to retail market share this month thanks to strong new products, including the Chevrolet Impala, Buick Encore, GMC Sierra and the Cadillac ATS and XTS. We expect a strong finish to the year and more growth in 2014 thanks to new products and a healthier economy." 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]
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Ford Motor Co. Research Report
On September 26, 2013, Ford Motor Co. (Ford) announced that it will be acquiring Livio, a software development startup in Michigan. The Company informed that the acquisition aims to accelerate innovation by providing access to each other's talented engineers and unique intellectual property, as well as enabling both companies to work toward developing an industry standard for smartphone-to-vehicle communications. According to Ford, the acquisition will further increase its ability to meet consumers' growing demand for safe, seamless access to the electronic content in their vehicles. Paul Mascarenas, Chief Technical Officer and Vice President, Ford Research and Innovation, stated, "With the additional expertise Livio provides us, Ford intends to continue to lead the next generation of in-car connectivity with technology advancements that give consumers more options to access their devices on the go." Bill Coughlin, President and CEO, Ford Global Technologies, commented, "Ford is acquiring Livio to advance connectivity for our customers and to lead the way in in-vehicle connectivity for the entire automotive industry." 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]
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Toyota Motor Corporation Research Report
On September 26, 2013, Toyota Motor Corporation (Toyota) announced the expansion of "Ha:mo" optimized urban transport system, which is undergoing operational trials in Toyota City, Aichi Prefecture since October 2012, effective from October 1, 2013. The Company informed that the changes in the Ha:mo system include, increase in number of ride-sharing vehicles; increase in number of vehicle stations; increase in number of Ha:mo members; Greater convenience through provision of multi-mode route information; and Trials of Fee-based Sharing Service. Toyota also informed that it will reveal the "Toyota i-Road" personal mobility concept car, which is to be introduced for use in the Ha:mo system, at the Cutting-edge IT & Electronics Comprehensive Exhibition (CEATEC) Japan 2013, to be held at the Makuhari Messe international convention complex in Chiba City from October 1 to October 5, 2013. 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]
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Tata Motors Limited Research Report
On September 26, 2013, Tata Motors Limited (Tata Motors) announced the launch of its new generation bakkie range, Tata Xenon XT in South Africa. According to the Company, Tata Xenon XT is packed with eXTra features in all aspects - performance, safety, comfort, style, and functionality. RT Wasan, Head - International Business, Commercial Vehicles, Tata Motors, said, "We are excited to launch the all-new Tata Xenon XT, yet another addition to our offerings for the South African market. South Africa is a key strategic market for Tata Motors and our focused efforts for this market is validated by our increasing presence and market share here. The launch of the Tata Xenon XT will further fortify our position in the South African automotive industry and motivate us to develop more such exciting vehicles for our South African customers." Tata Motors informed that the new Tata Xenon XT range comes in 4 variants - Single Cab (4X4), Single Cab (4X2), Double Cab (4X2) and Double Cab (4X4). 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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Kandi Technologies Group, Inc. Research Report
On September 23, 2013, Kandi Technologies Group, Inc. (Kandi) announced that its wholly owned subsidiary, Zhejiang Kandi Vehicles Co. Ltd. (Kandi Vehicles), has successfully completed the acquisition of certain assets for electric vehicle production pursuant to an Assets Purchase Agreement, between Kandi Vehicles and Zhejiang New Energy Vehicle System Co., Ltd. According to Kandi, the acquisition aims to satisfy the cooperation between Kandi and Geely Automobile Holdings Ltd. to create a joint venture company of Zhejiang Kandi Electric Vehicles Co., Ltd. The Full Research Report on Kandi Technologies Group, 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/0143_KNDI]
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