Auto Manufacturers: Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Honda Motor (NYSE:HMC), Kandi Technologies Group (NASDAQ:KNDI)

Posted by on Mar 03, 2014

Ford Motor Company (NYSE:F), struggling with in-car technology flaws, will base the next-generation Sync system on BlackBerry Ltd. (BBRY)’s QNX and no longer use Microsoft (MSFT) Corp. Ford Motor Company (NYSE:F) stock opened at $15.33 in last session, and closed at $15.39, while the day range of Ford Motor Company (NYSE:F) stock is $15.23 – $15.41. The stock showed a positive weekly performance of 1.52%.

For a company that the federal government wanted General Motors Company (NYSE:GM) to axe amidst the automaker’s Chapter 11 reorganization in 2009, GMC has done pretty well for itself. Last year, GMC sales soared nine percent year over year, but the real cash-cow is the company’s brand-within-a-brand, Denali. General Motors Company (NYSE:GM) stock opened at $36.73 in last session, and closed at $36.20 by losing -1.55%. The 52 week range of $26.75 – $41.85. Company’s market capitalization is $50.43B.

Honda Motor Co Ltd (ADR) (NYSE:HMC) revealed global output of 378,718 vehicles in January 2014, rising 10.5% from 342,087 vehicles a year earlier. Honda Motor Co Ltd (ADR) (NYSE:HMC) stock decreased -1.04% and finished the last session at $36.05. The EPS of the stock remained 2.61. Company’s market capitalization is $64.97B.

Kandi Technologies Group Inc. (NASDAQ:KNDI) said in an apparent Bloomberg interview that its service to rent out vehicles was profitable and it was planning to expand it to other cities, including Beijing and Shanghai. Kandi Technologies Group, together with its joint venture partner Geely Automobile Holdings Ltd, provides electric vehicles for short-term hire using automated multilevel garages in Hangzhou with rental rates that start from 20 Yuan ($3.3) an hour and covers the first 25 kilometres (16 miles) verses a starting rate of 11 yuan for taxis. Kandi Technologies Group Inc. (NASDAQ:KNDI) stock opened the session at $16.54, and closed the session at $16.69. The 52 week range of the Kandi Technologies Group Inc. (NASDAQ:KNDI) stock remained $3.55 – 17.47 and the day range was $16.28 – $17.47.

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