3 Auto Stocks Going Places: Honda’s Got a Good Feeling, GM Helps Where It Can, and Tesla’s Musk Takes To Twitter (Again)
Honda Motor Co. (NYSE:HMC): The Japanese auto maker is forecasting stronger sales for April this year over 2012, according to company officials. ”We’re confident that April is going to be a strong month,” Mike Accavitti, vice president of automobile marketing for Honda’s American outfit, said. The Honda nameplate is pegged to grow between 5 and 6 percent, while Acura is planned grow as well, by 10 or 11 percent. The company has been using refreshed and new models to drive growth, and many are leading their segments.