Updates on Auto Stocks: Tesla Motors Inc (TSLA)’s 3D Assembly, General Motors Company (GM)’s Common Shares & Ford Motor Company (F)’s Announcement

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Buy Ford Shares Now (WealthDaily)
They cost between $24,000 and $53,000 each. One sold every 38 seconds during the month of August. No, not Washington lobbyists… I’m talking about Ford F-series trucks. They are selling like hotcakes. All Ford Motor Company (NYSE:F)’s are. In fact, Ford is selling so many of its Fusion models that it had to add a shift and hire 1,400 workers at its Flat Rock factory outside Detroit. That’s in addition to the 3,000 salaried employees the automaker is hiring.

Tesla’s plan to electrify Europe (CTVNews)
Tesla Motors Inc (NASDAQ:TSLA) has revealed that its first European supercharging stations are already up and running and that a pan-European network will be completed by the end of 2014. To mark its arrival on European shores, Tesla Motors Inc (NASDAQ:TSLA) installed one of its supercharging stations at the venue for this year’s Frankfurt Motor Show and during its press conference revealed that similar stations are already in place across Norway’s most commonly used roads and highways, despite the fact that the first Norwegian Tesla Model S customer only took delivery of the car in August.

GM Shares Shift To Reverse After Equity Sale (WSJ)
General Motors Company (NYSE:GM) -1.49%’s shares are trading lower following the Canadian government’s overnight sale of 30 million shares in the auto maker. GM was down 2% at $36.26, paring a more-than-25% rally year-to-date. Stocks often take a pause the day after a big secondary offering, which test buyers’ willingness to fill the void as a big holder cashes out. This week has seen a spate of such deals, suggesting issuers and bankers remain confident in investors’ appetite for their shares, even as stock indexes are near record highs.

Ford Group Vice President Sells 122K Shares and 4 Insider Sales to Note (WallStCheatSheet)
Ojakli Ziad S who is Group Vice President at Ford Motor Company (NYSE:F), sold 122,480 shares at $17.35 per share for a total value of $2,124,857. The shares recently traded at $17.55, up $0.2, or 1.15% since the insider sale. Fields Felicia J who is Group Vice President at Ford Motor Co. (NYSE:F), sold 89,000 shares at $17.32 per share for a total value of $1,541,444. The shares recently traded at $17.55, up $0.23, or 1.33% since the insider sale.





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