Tesla Motors Inc (NASDAQ:TSLA) has gained the rights to operate under their own brand name in China. Tesla Motors has defeated what we like to call in our opinion, a “trademark troll,” in China. The previous owner of the Tesla trademark was asking Tesla Motors to pay millions for the trademark. Tesla Motors offered Zhan Baosheng $326,000 at one point, but he asked for 100 times that amount. Baosheng registered the trademark in 12 different automotive categories and was hoping to capitalize from Tesla Motors by doing that. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $177.85 in last trading session, and closed at $174.60, trading in the range of $73.53 – $180.48. The stock showed a positive weekly performance of 2.12%.
General Motors Company (NYSE:GM) on Friday named a new manufacturing chief to oversee its global production and factories in a continuing shift of top executives, and took another step toward shrinking its troubled operation in South Korea. General Motors Company (NYSE:GM) shares closed at $36.83 on last trade day, by decreasing -4.14%. Stock 52 week range is $26.19 – $41.85. Company’s market capitalization is $51.16 billion.
Toyota Motor Corp (ADR) (NYSE:TM) retained its title as the world’s biggest car seller last year, topping General Motors Co. and third place Volkswagen Group, but the gap is narrowing. Toyota on Thursday said it sold a record 9.98 million vehicles, up 2.4% from the prior year. The Japanese automaker expects sales to rise to about 10.3 million this year. Toyota Motor Corp (ADR) (NYSE:TM) stock fell -1.24% and finished the last session at $117.88. The EPS of the stock remained 8.58. Company’s market capitalization is $186.78 billion.
ADP Dealer Services, Inc. a division of ADP® and a leading global technology solutions partner dedicated to helping dealerships drive measurable results across every area of their operation, announced an enterprise license agreement with Ford Motor Company (NYSE: F) for the ADP ServiceEdge solution. Ford will rebrand the ADP solution for Ford and Lincoln dealers as Ford & Lincoln SMART Technology powered by ADP. These applications were designed specifically with the customer experience in mind. Ford Motor Company (NYSE:F) stock down -3.65% and finished the last session at $15.83. The EPS of the stock remained 1.42. Company’s market capitalization is $62.37 billion.
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