Auto Stock Roundup: Honda Picks New CEO, Tesla Tops Consumer Reports Survey - Zacks.com
The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. (Read last to last week’s recap here: Auto Stock Roundup for Feb 19, 2015 ). Recap of the Week’s Most Important Stories. Honda has decided to promote its Managing Officer, Takahiro Hachigo, to the posts of President, CEO and Representative Director from late June. Meanwhile, the current President, CEO and Representative Director, Takanobu Ito, will become the Director and Advisor to Honda. However, the decision will be finalized by the company’s board of directors following the annual shareholders’ meeting in late June. Tesla’s Model S has obtained the No. 1 position in Consumer Reports’ Top 10 Picks for 2015. With this, the Model S has been sitting on the top rung for two consecutive years. Another automaker occupying a bright spot in the Consumer Reports survey is General Motors, whose Buick Regal and Chevrolet Impala occupy the top spot in the sports sedan and luxury large car segments, respectively. ’s ( Analyst Report ) Prius has been declared the best car in the Green car division and Highlander has emerged as the midsized SUV segment leader. Source: www.zacks.com
