Automaker Stocks In News: Tesla Motors Inc (NASDAQ:TSLA), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Toyota Motor (NYSE:TM)

Technology Stocks News 3

Tesla Motors, Inc. (NASDAQ: TSLA) is now faced with challenges in directly selling its vehicles in Missouri. Legislators are considering to impose a ban on direct sales of vehicles to the public in the state. According to a bill, customers can only purchase new vehicles through middleman franchised dealers. Tesla Motors Inc (NASDAQ:TSLA) stock performance was 2.05% in last session and finished the day at $182.26. Traded volume was 8,469,817 shares in the last session and the average volume of the stock remained 9.27 million shares. The beta of the stock remained 0.38. Tesla Motors Inc (NASDAQ:TSLA) insider ownership is 0.20%.

Ford Motor Company (NYSE:F) is recalling more than 700,000 late model Escape sport utility vehicles and C-Max hybrids to fix an air bag software glitch and a door latch problem. The bigger recall involves a software problem in 692,500 Escapes and C-Max hybrids. Ford Motor Company (NYSE:F) dropped -0.25% to $15.77 yesterday on volume of 25,008,140 shares. The intra-day range of the stock was $15.73 – 15.90. Ford Motor Company (NYSE:F) has a market capitalization of $63.00 billion.

General Motors Company (NYSE:GM) is offering Cadillac dealers $5,000 to push test drives of its ELR plug-in hybrid and arming them with customer discount certificates that can knock $3,000 off the lease or purchase price. General Motors Company (NYSE:GM)’s stock on May 9, 2014 reported a decrease of – -1.78% to the closing price of $34.23. Its fifty two weeks range is $30.86 – 41.85. The total market capitalization recorded $54.90 billion. The overall volume in the last trading session was 16,774,512 shares. In its share capital, General Motors Company (NYSE:GM) has 1.60 billion outstanding shares.

Toyota Motor Corp (ADR) (NYSE:TM)’s Chief Executive Akio Toyoda on Thursday forecast flat revenue growth and operating profit in the current fiscal year, after a surge in net income for the past 12 months at the world’s largest auto maker. With the yen leveling off against the dollar and the euro, Toyota predicted net income would slip by 2.4% this year after surging 90% to Yen1.8 trillion ($17.9 billion) for its fiscal 2014, ended March 31.On Friday, shares of Toyota Motor Corp (ADR) (NYSE:TM) advanced 0.67% to close the day at $108.87. Company return on investment (ROI) is 2.90% and its monthly performance is recorded as 1.06%. Toyota Motor Corp (ADR) (NYSE:TM) quarterly revenue growth is -7.25%.

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