Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
SOURCE Analysts' Corner
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 19, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting General Motors Company (NYSE: GM), Ford Motor Co. (NYSE: F), Toyota Motor Corporation (NYSE: TM), Honda Motor Co., Ltd. (NYSE: HMC), and Kandi Technologies, Corp (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 December 16, 2013, Reuters reported that General Motors Company (GM) has revealed its intention to invest nearly $1.3 billion at five US plants to make a new transmission and boost output for a planned new engine as well as add a vehicle paint shop. According to the report, the said investment at the plants in Michigan, Ohio and Indiana will create or retain about 1,000 jobs combined, but did not say how many will be new jobs. The report further stated that the five plants employ about 7,500 people. Reuters reported that the Company disclosed the said investment as a part of $8 billion that GM typically spends annually on its global operations, which will be used to make a new 10-speed transmission and boost planned output of a new V6 engine, as well as support production of an existing 6-speed transmission. In line with the said investment and upgrades, Reuters informed that GM will add a new paint shop and logistics center. Mark Reuss, GM North American President, said, "Today's announced plant upgrades continue the momentum of a resurgent auto industry. More importantly, these investments add up to higher quality and more fuel-efficient vehicles." 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:
Ford Motor Co. Research Report
Ford Motor Co. (Ford) posted in its events and webcasts page that the Company will host a conference call on January 3, 2014, at 10:00 a.m. EDT, discussing its December 2013 US sales. The post also informed that speakers include John Felice, Vice President, US Marketing, Sales and Service; Emily Kolinski Morris, Senior Economist; and Erich Merkle, US Sales Analyst. 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:
Toyota Motor Corporation Research Report
On December 13, 2013, Bloomberg reported that Toyota Motor Corporation (Toyota) and its lawyers pursuing claims alleging the Company's vehicles suddenly accelerated, causing deaths or injuries, will begin an "intensive settlement process" to resolve the lawsuits, as said by a judge. Bloomberg further reported that an order halting the suits after Toyota and the lawyers asked for time to try settling the cases was issued by US District Judge James V. Selna in Santa Ana, California. In his order, Selna said, "Participation in the intensive settlement process is open to all plaintiffs. Cases that do not resolve during the initial settlement conference shall be set for a formal mediation." According to Bloomberg, the move toward settlement comes less than two months after Toyota lost its first trial in a lawsuit claiming an electronic defect can cause its vehicles to speed up uncontrollably, and Toyota settled after an Oklahoma City jury ordered the Company to pay $3 million. Bloomberg further informed that Selna set a hearing for January 14, 2014 for any comment on the said settlement process and stated that settlement conferences would begin in February 2014. 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:
Honda Motor Co., Ltd. Research Report
On December 13, 2013, Honda Motor Co., Ltd. (Honda) reported that the US Federal Aviation Administration (FAA) awarded Part 33 certification to GE Honda Aero Engine's HF120 turbofan engine, certifying its airworthiness and setting the stage for the production of this all-new engine. The Company stated that HF120 engine's airworthiness certification follows an extensive ground and flight test program that involved 13 engines. According to Honda, during its certification program, the HF120 engine accumulated more than 14,000 cycles and 9,000 hours of testing. Honda further informed that assembly of the said engine is currently under way at GE's facility in Lynn, Massachusetts, which is responsible for initial production, and then the production will transition to the Honda Aero Inc. facility in Burlington, N.C., next year. 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:
Kandi Technologies, Corp Research Report
On December 10, 2013, Kandi Technologies, Corp (Kandi Technologies) announced that its 2013 annual meeting of shareholders will be held on December 19, 2013, at 9:00 p.m. local time (8:00 a.m. EST) at the Company's office located at 6F, South Tower B, Lianhua Business Center, No. 333 Lianhua Road, Xihu District, Hangzhou City, Zhejiang Province, China 310013. According to the release, the record date for determination of shareholders entitled to vote at the annual meeting is October 30, 2013. The Company informed that at the said Annual Meeting, stockholders will discuss objectives that include electing seven directors and ratifying the appointment of Albert Wong & Co. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2013. The Full Research Report on Kandi Technologies, Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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
Equity News Network 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
Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.
©2012 PR Newswire. All Rights Reserved.