$7,500 TAX CREDIT, for buying "Electric Vehicle"
Opinions on Ford and Tata Motors -- the Race Is on for Electric Car Makers
Press Release Source: StockCall On Tuesday August 3, 2010, 9:28 am EDT
JOHANNESBURG, SOUTH AFRICA--(Marketwire - 08/03/10) - www.stockcall.com/ offers investors comprehensive research on the 'Auto Manufacturers - Major' industry and has completed analytical research on Ford Motor Co. (NYSE:F - News) and Tata Motors Ltd. (NYSE:TTM - News). Register with us today at www.stockcall.com/ to have free access to these researches.
Senate Democrats recently released an energy bill, which sets aside over $4.4 billion for electric and natural gas-powered vehicles. Approximately $4 billion will be directed towards natural-gas vehicles with electric vehicles receiving $400 million. While this is a substantial amount, it is a far cry away from the $11 billion proposal introduced in May to the House and Senate. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
www.stockcall.com/ is an online platform where investors doing their due-diligence on the Auto Manufacturers - Major industry can have easy and free access to our analyst research and opinions on Ford Motor Co. and Tata Motors Ltd.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.
With the President setting the target of having one million electric cars on the road by 2015, a large number of auto groups and associations, including the Alliance of Automobile Manufacturers, whose members account for 77% of total car and light truck sales in the United States, have recently called for the establishment of a new National Electric Fuel Task Force to propel the infrastructure and viability of plug-in electric vehicles to market. The American Recovery and Reinvestment Act passed last year has provided $2.4 billion in grants to battery and charging infrastructure companies in an attempt to expedite deployment. The grants also provide a $7,500 tax break for approved U.S Customers purchasing an electric vehicle. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Auto Manufacturers - Major industry.
With GM and Nissan racing against time to be first to launch the new generation electric cars in the U.S. by year's end, other contenders like Ford Motor Co. are anticipated to follow with the trend in 2012. Investors looking for free research on Ford Motor Co. are welcome to sign up at www.stockcall.com/F030810.pdf.
Across the pond in India, strong consumer demand for vehicles is helping automakers like Tata Motors Ltd. push through the latest government interest rate hikes. The Reserve Bank recently raised interest again, in an attempt to decrease inflation that is poised to reach double-digits figures over the past six months. While this may have some negative ramifications in the auto industry, sales are expected to increase by approximately 12 percent in 2010/11. Investors looking for free research on Tata Motors Ltd. are welcome to sign up at www.stockcall.com/TTM030810.pdf.