Honda’s Accord Excels and 2 Auto Stocks Making Headlines Now
Honda Motor Co., Ltd. (NYSE:HMC): According to Consumer Reports’s predictions, the five-seat 2013 Accord’s reliability will be better than average. Furthermore, the new Accord sedan’s starting retail prices are $22,470 with four-cylinder engine and manual transmission and $23,270 with continuously variable transmission (CVT) increased only $200 from the 2012 Accord starting prices.
Tesla Motors, Inc. (NASDAQ:TSLA) could make only a few hundred cars a quarter. However, this won’t stop it from claiming the highest honors from Motor Trend. The company’s Model S is Motor Trend’s 2013 car of the year, making it the first electric car to be positively mentioned in the magazine’s 64-year history.
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A123 Systems, Inc. (NASDAQ:AONE): A little over a year ago, General Motors stated that an all-electric version of the Chevrolet Spark would soon be seen in the U.S. Now, it has been confirmed that the little EV is set to debut at theLos Angeles Auto Show later in the month. Chevrolet has not revealed any details regarding its Spark EV yet, and it only stated that the vehicle “will offer consumers the same package that has made the gasoline-powered model so popular while delivering the technology and performance of pure electric power.” As of now, the only information available is bits of information that were divulged previously, and this information is that that the Spark EV will be sold in “limited quantities in select US and global markets” and that the nanophosphate lithium-ion battery packs are to be supplied by A123 Systems.