Strong Auto Retail Sales Lead to Milestone Achievements - Research Report on Ford, GM, Toyota, Tata Motors, and Honda

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Aug 07, 2013, 08:00 ET

NEW YORK, August 7, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Toyota Motor Corporation (NYSE: TM), Tata Motors Limited (NYSE: TTM), 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 Company Research Report

On August 1, 2013, Ford Motor Company (Ford) announced its sales for July 2013. During the month, the Company's US sales grew 11% YoY, marking its best total July sales since 2006. Retail sales were up 19% YoY, reflecting best July retail sales since 2005. With tight inventories, retail car sales were up 13% YoY, utilities were up 19% YoY, and trucks were up 27% YoY, aided by strong growth in the coastal regions. Commenting on the results, Ken Czubay, Vice President of US Marketing, Sales, and Service at Ford said, "We saw continued strength and growth in our retail business, particularly in the coastal regions of the country." The Full Research Report on Ford Motor 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/4863_F]

General Motors Company Research Report

On August 1, 2013, General Motors Company (GM) reported its July 2013 sales. During the month, the Company's dealers delivered 234,071 vehicles in the US, up 16% YoY. Retail sales increased 23% YoY, while fleet sales declined 6% YoY. "For GM, July was the most well-balanced moth of the year from a retail sales standpoint: trucks were hot, but so were small cars and family vehicles," said Kurt McNeil, Vice President of US Sales Operations at GM. "Our experience shows that the difference between good sales and great sales in a slow-growth economy is how many new products you have to offer, and we are starting to hit our sweet spot." 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 2, 2013, Toyota Motor Corporation (Toyota) reported its Q1 FY 2014 financial results (period ended June 30, 2013). On a consolidated basis, the Company's net revenues were ¥6.3 trillion, up 13.7% YoY. Operating income increased 87.9% YoY to ¥663.3 billion, whereas net income increased 93.6% YoY to ¥562.1 billion during Q1 FY 2014. Commenting on the results, Takuo Sasaki, Managing Officer of Toyota said, "Operating income increased due to the impact of foreign exchange rates and our global efforts for profit improvement, through cost reduction activities such as companywide value analysis, and through marketing activities such as enhancement of the model mix and pricing." For full-year FY 2014, the Company forecasts consolidated net revenue of ¥24 trillion, operating income of ¥1.9 trillion, and net income of ¥1.5 trillion. 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 1, 2013, Tata Motors Limited (Tata Motors) reported July 2013 sales. During the month, the Company's total sales (including exports) of Tata commercial and passenger vehicles were 51,468 vehicles. Domestic sales of its commercial and passenger vehicles were 47,191. Cumulative sales (including exports) for Tata Motors for the fiscal were 204,659 units. 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]

Honda Motor Co., Ltd. Research Report

On July 31, 2013, Honda Motor Co., Ltd. (Honda) reported consolidated financial results for Q1 FY 2014 (period ended June 30, 2013). The Company's consolidated operating income was ¥184.9 billion, up 5.1% YoY, due to increased motorcycle sales in Asia, increased automobile sales in all regions except for Japan, reduced costs, and favorable currency effects due to depreciation of the Japanese yen. Honda's consolidated net sales and other operating revenues amounted to ¥2.8 trillion, up 16.3% YoY in Q1 FY 2014. The Company's net income was ¥122.4 billion during the quarter, compared with ¥131.7 billion in Q1 FY 2013. Based on the results of Q1 FY 2014, the Company has kept its previously announced guidance for full-year FY 2014 unchanged. 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.analystscorner.com/r/full_research_report/78e6_HMC]

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