Regional Sales Momentum, Patents, Working Capital Strategies, and Collaborations Accelerate Growth of Automakers - Research Report on Ford, General Motors, Toyota, Kandi Technologies, and Honda
NEW YORK, July 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Ford Motor Co. (NYSE: F), General Motors Company (NYSE: GM), Toyota Motor Corporation (NYSE: TM), Kandi Technologies Group, Inc. (NASDAQ: KNDI), and Honda Motor Co., Ltd. (NYSE: HMC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ford Motor Co. Research Report
On July 4, 2013, Ford Motor Co. (Ford) released Ford China's total sales for the first half of 2013 (H1 2013). According to the Company, Ford China's sales soared in H1 2013 with wholesales up 47% YoY to 407,721 units, primarily due to the continued strong demand for the all new Ford Focus, Ford Kuga, and Ford Transit models. The Company also reported record June 2013 sales, with wholesales up 44% YoY to 75,254 units. John Lawler, Chairman and CEO of Ford China, commented, "Our performance demonstrates that we continue to build momentum in China." Lawler continued, "In the first half of 2013, we introduced four new passenger cars, significantly refreshed the Fiesta and Transit, set sales records, and launched a new engine and assembly plant. We are so pleased to continue serving Chinese customers with a growing portfolio of high quality, safe, fuel-efficient vehicles packed with smart technologies that they love and value." 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.WSReports.com/r/full_research_report/4960_F]
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General Motors Company Research Report
On July 4, 2013, General Motors Company (General Motors) released its total sales for June 2013 and for the first half of 2013 (H1 2013) in Southeast Asia. Sales were up 2% YoY to 7,073 vehicles sold in June 2013, representing a successful product line-up across multiple vehicle segments in showrooms throughout the region; and up 5% YoY to 41,866 vehicles sold in H1 2013. Gustavo Colossi, Chevrolet Sales Thailand's and General Motors Southeast Asia Operations' Vice-President of Sales, Marketing and Aftersales, stated, "The automotive industry is experiencing a slip in the market compared to 2012." Colossi added, "The government's First Car Buyer Scheme last year generated a surge in retail sales that, when compared to normal market growth trends, created sales growth that was significantly above-average. This year, we are experience sales revenue that is back to the normal consumer cycle." 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.WSReports.com/r/full_research_report/7134_GM]
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Toyota Motor Corporation Research Report
On July 5, 2013, Toyota Motor Corporation (Toyota) announced that it has received the most number of patents from the United States Patent and Trademark Office than any other automaker, according to a recently-released survey by the Intellectual Property Owners Association. Toyota reported that it has received 30% more patents in 2012, compared to 2011. Kristen Tabar, Vice President of Electrical Systems Engineering at Toyota Technical Center (TTC), a division of Toyota Engineering and Manufacturing, Inc. (TEMA), said, "Since the days of Toyota's founding, innovation has been a cornerstone of Toyota's success." Minjuan Zhang, Manager of Toyota Research Institute NA (TRINA), continued, "Toyota is a great place to be an inventor." Charan Lota, Manager of Electronic Systems at Toyota Technical Center (TTC), added, "And, what these patents show about Toyota is that we are never going to stop trying to make better cars." 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.WSReports.com/r/full_research_report/dbac_TM]
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Kandi Technologies Group, Inc. Research Report
On July 1, 2013, Kandi Technologies Group, Inc. (Kandi) announced that it has completed the registered direct placement with two institutional investors and raised approximately $26.3 million from selling its common stock for $6.03 per share. Kandi reported that it has issued a total of almost 4.4 million shares to the institutional investors. The Company also issued Series A Warrants for the purchase of up to c.1.8 million shares of common stock at an exercise price of $7.24 per share, which warrants a term of 30 months from the date of issuance. Moreover, Kandi stated that investors also have a 60-day option to purchase up to 728,936 shares of common stock at $7.24 per share, starting six months from the closing date on the same terms as the original investment. The Company intends to use the net proceeds for general working capital purposes. 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.WSReports.com/r/full_research_report/0c41_KNDI]
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Honda Motor Co., Ltd. Research Report
On July 2, 2013, Honda Motor Co. Ltd. (Honda) announced its long-term, definitive master agreement with General Motors for the co-development of the next generation fuel cell system and hydrogen storage technologies, aiming for the 2020 time frame. According to Honda, the new partnership is expected to succeed by sharing expertise, economies of scale, and common sourcing strategies. Dan Akerson, Chairman and CEO of General Motors, said, "We are convinced this is the best way to develop this important technology, which has the potential to help reduce the dependence on petroleum and establish sustainable mobility." The Full Research Report on Honda Motor Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/70e1_HMC]
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SOURCE Wall Street Reports
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