New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 15, 2014
04:55 EDTALV, ALV, TEN, TEN, SMP, SMP, PAG, PAG, NSANY, NSANY, LKQ, LKQ, KAR, KAR, HMC, HMC, GPI, GPI, F, F, DLPH, DLPH, BWA, BWA, AXL, AXL, TRW, TRWBofA/Merrill to hold a summit
BofA/Merrill will host informal dinners with company management on April 15 followed by formal company presentations in the 2014 New York Auto Summit being held in New York on April 16.
News For ALV;AXL;BWA;DLPH;F;GPI;HMC;KAR;LKQ;NSANY;PAG;SMP;TEN;TRW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 25, 2015
09:16 EDTALVAutoliv reaches additional antitrust settlements for $81M
Autoliv announced that it has reached agreements regarding additional settlements to resolve certain direct purchasers’ global -- including U.S. -- or non-U.S. antitrust claims which were not covered by its earlier U.S. direct purchaser antitrust class action settlement. The total amount of these additional settlements is $81M. The effect on Autoliv’s 1Q15 reported operating income is expected to be around $77M. "In entering into these settlements, Autoliv does not admit any liability and is settling for the purpose of avoiding the uncertainty, risk, expense and distraction of potential litigation or other adversarial proceedings and in the interest of maintaining positive relationships with its customers," said the company.
08:05 EDTBWABorgWarner expands manufacturing facility in Mexico
BorgWarner expanded its manufacturing facility at its campus in Ramos-Arizpe, Mexico, to meet increasing demand for emissions technologies in North America. The facility will produce exhaust gas recirculation modules, ignition coils and coolant control valves for gasoline- and diesel-powered passenger cars, minivans and light-duty trucks. The expansion will increase capacity for current products as well as BorgWarner's latest advancements in emissions technologies. BorgWarner expects to create approximately 350 new manufacturing jobs at the facility over the next two years.
08:02 EDTKARKAR Auction management to meet with BB&T
Meetings to be held in Los Angeles on March 30 and in San Francisco on March 31 hosted by BB&T,
06:48 EDTNSANYUAW looking to unionize Nissan plant in Mississippi, WSJ says
Subscribe for More Information
March 24, 2015
07:08 EDTGPIGroup 1 Automotive acquires an Audi dealership located in Euless, Texas
Subscribe for More Information
06:12 EDTFFord, GM considering asking for lower-paid workers, Bloomberg says
Ford (F) and General Motors (GM) are considering asking the United Auto Workers union to create a lower-pay tier of employee at U.S. auto factories, reports Bloomberg, citing people familiar with the matter. The union, on the other hand, is considering eliminating the existing tier structure altogether, according to a person familiar with the union leadership. The proposed lower tier worker would not assemble cars, said the sources. Reference Link
March 23, 2015
16:34 EDTKARADESA to acquire DataScan Field Services
Subscribe for More Information
08:26 EDTTENTenneco to supply aftertreatment, integration technologies to Kubota
Tenneco (TEN) announced that it is supplying key aftertreatment technologies to Kubota (KUBTY). The company is in serial production with a complete selective catalytic reduction system that meets both Tier 4 Final and Stage IV emissions regulations for Kubota’s 3.8L diesel engine and all-new 6.1L engine for new agricultural equipment, slated for production later this year. This is the first SCR system to be produced at Tenneco’s manufacturing facility in Osaka, Japan. Additionally, the company is providing full system integration capabilities to Kubota.
06:36 EDTHMCHonda hires Exponent to investigate Takata air bags, Reuters says
Subscribe for More Information
March 22, 2015
20:02 EDTNSANYNissan airbag recall from last year probed by U.S. regulators, Bloomberg says
U.S regulators are investigating a Nissan airbag related recall from last year that pertained to 989,701 vehicles, says Bloomberg. The Nissan recall was to address software that may incorrectly classify the passenger seat as empty when it is occupied by an adult and thereby result in a failure of the air bag to deploy during a crash, added Bloomberg. According to the Bloomberg report some drivers says the flaw remains after several dealer repairs but according to a Nissan spokesperson, "Nissan Group believes the recall remedy was effective and appropriately addressed the safety defect.” Reference Link
March 20, 2015
09:21 EDTNSANYNissan reorganizes U.S. sales, Chief Customer Officer Spoon to retire
Subscribe for More Information
08:01 EDTFStifel says evidence supports Apple moving into electric vehicles
Analysts at Stifel say they see enough evidence to suggest that Apple is internally working on the development of a battery electric vehicle to be sold over the next five-to-ten years. The analysts are "intrigued" by Apple CFO Luca Maestri's background at General Motors (GM). They believe Apple's investments in manufacturing should be a key consideration for investors and point out the $40B spent by the iPhone maker over the past five years, with 80%-plus invested in manufacturing, is similar to GM, Ford (F) and Daimler-Benz and well above Tesla's $1.8B cumulative capex. The analysts say there is a "lot to think about" regarding Apple's move into the car space, including the regulatory environment. They keep a Buy rating on the tech giant with a $150 price target. Shares of Apple closed yesterday down 97c to $127.50.
05:57 EDTNSANYLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link
March 19, 2015
12:56 EDTHMCHonda to voluntarily expand recall for Takata air bags
Subscribe for More Information
06:54 EDTLKQLKQ Corp. management to meet with Barrington
Subscribe for More Information
05:48 EDTAXLAmerican Axle price target raised to $30 from $25 at Barclays
Subscribe for More Information
March 17, 2015
16:27 EDTKARKAR Auction business acquires Pittsburgh Auto Auction
Subscribe for More Information
16:13 EDTHMCHonda Aero receives FAA production certificate for HF120 Turbofan jet engine
Subscribe for More Information
14:13 EDTFMorgan Stanley questions GM capital allocation plan
Subscribe for More Information
09:13 EDTFMSFT announced several partnerships with industry leaders
At Microsoft Convergence 2015, Microsoft (MSFT) announced several new partnerships with industry leaders. Teaming up with Microsoft, Ford Motor (F) will expand connected services for customers around the world with the creation of the Ford Service Delivery Network. Microsoft also announced several partnerships and collaboration agreements with leading companies in sales, field service, digital transaction management and analytics markets. Microsoft and InsideSales.com will offer its complete sales acceleration platform. Microsoft and FieldOne Systems announced their agreement to bring the FieldOne Sky field service management solution into the Microsoft Dynamics global independent software vendor program. DocuSign and Microsoft announced that the two companies will bring DocuSign's Digital Transaction Management platform to Microsoft Dynamics CRM users. Microsoft also announced the acquisition of intellectual property from Fusion Software which will add Voice of the Customer capabilities to Microsoft Dynamics.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use