Automotive, Inc. published the production figures for the fiscal quarter that ended September 30, 2022. During the same time period, the company built 7,363 automobiles at its Normal, Illinois manufacturing site and delivered 6,584 vehicles
These statistics remain in line with the company’s forecasts, and it feels it is on pace to meet the prior 25,000 annual production target.
Statements of Intention:
According to the Private Securities Litigation Reform Act of 1995, this news release includes forward-looking statements. We plan to rely on the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, for such forward-looking statements. All comments in this news release that are not historical facts should be considered forward-looking statements, including, but not limited to, statements about our production ramp-up and projected output levels. Forward-looking statements can be identified in some cases by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential,” or “continue,” or the negative of these terms or other similar expressions.
These forward-looking statements are generally based on our current assumptions and forecasts regarding future events and financial trends that we anticipate may affect our company, financial situation, and operating results. Forward-looking statements are subject to known and unknown risks, uncertainties, and other important factors, which could cause our actual results, performance, or achievements to differ materially from any future results, performance, or achievements expressed or implied by the forward-looking statements. These important factors include, but are not limited to, the ones covered in Part II, Item 1A, “Risk Factors,” in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.