Japan’s top leaders and automakers are betting that their fledgling fuel cell vehicles can take on Tesla Motors Inc.’s (NASDAQ:TSLA) all-electric cars. Prime Minister Shinzo Abe earlier this week called for government subsidies and tax breaks to encourage Japanese drivers to choose domestic fuel cell cars over battery-powered electric vehicles like the Tesla Model S. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is 4.95%. On last trading day company shares ended up $239.06. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA)distance from 50-day simple moving average (SMA50) is 15.20%.
Tata Motors Limited (ADR) (NYSE:TTM) recorded global wholesales of 77,575 vehicles in May 2014. The figure includes sales by its subsidiary, Jaguar Land Rover. In the commercial vehicles business, global sales of Tata, Tata Daewoo and the Tata Hispano Carrocera range amounted to 29,161 vehicles in May 2014. In the passenger vehicles business, Tata Motors’ global wholesales for May 2014 were 48,414 vehicles. Tata Motors Limited (ADR) (NYSE:TTM) shares fell -1.20% in last trading session and ended the day on $38.67. TTM Gross Margin is 38.30% and its return on assets is 7.50%. Tata Motors Limited (ADR) (NYSE:TTM) quarterly performance is 13.04%.
The lead attorneys in lawsuits against Toyota Motor Corp (ADR) (NYSE:TM) over sudden acceleration will take temporary charge of claims of alleged economic loss from General Motors (GM) vehicles that were recalled because of ignition-switch defects. Toyota Motor Corp (ADR) (NYSE:TM) shares moved up 1.01% in last trading session and was closed at $118.84, while trading in range of $118.47 – $118.94. Toyota Motor Corp (ADR) (NYSE:TM) year to date (YTD) performance is -2.53%.
Honda Motor Co Ltd (ADR) (NYSE:HMC) took a step closer to realizing its “Civic of the Skies,” the unofficial nickname for the private jet in development by the Japanese car maker. The production version of the HondaJet made its initial flight on June 27, according to the company, which hopes to get the plane certified and put into service next year. Honda Motor Co Ltd (ADR) (NYSE:HMC) ended the last trading day at $34.85. Company weekly volatility is calculated as 0.82% and price to cash ratio as 5.47. Honda Motor Co Ltd (ADR) (NYSE:HMC) showed a negative weekly performance of -2.24%.
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