Ford FUELS UP for Top Hybrid and 4 Auto Stocks in the Spotlight
Ford Motor Co. (NYSE:F): Reuters reported, according to a survey by KPMG, that auto companies will expand their plants and hire more people to meet the increasing consumer demand for replacement of aging vehicles and trucks. Their shares traded down $0.14 (1.5%), to close at $9.21.
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General Motors Company (NYSE:GM): General Motors will find out how many U.S. salaried retirees have agreed to take a pension buyout offer that is aimed at reducing the auto maker’s massive retiree obligations. Their shares traded down $0.78 (3.87%), to close at $19.36.
Toyota Motor Corporation (NYSE:TM): Ford has revealed that their 2013 C-Max Energi will be able to drive on battery power for 20 miles, and will have a total driving range of 550 miles, using both battery as well as gasoline power. This will beat the Toyota Prius Plug-In Hybrid’s driving range. Their shares traded down $1.62 (2.11%), to close at $75.13.
Honda Motor Co., Ltd. (NYSE:HMC): Honda’s insurance option for electric Fit buyers could save a single man, living in a Southland suburb, as much as $600 a year. Their shares traded down $0.65 (2.03%), to close at $31.34.
A123 Systems, Inc. (NASDAQ:AONE): A123 Systems announced that they will supply a 2MW grid energy storage unit for Ray Power Systems Co. Ltd., which is a Chinese firm focused on developing the frequency regulation market and other relevant technologies. Their shares traded up $0.066 (9.60%), to close at $0.757
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