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Stock Market & Financial Investment News

News Breaks
April 8, 2014
08:47 EDTBAMXYBMW progresses with plans on new North America plant, Bloomberg says
BMW (BAMXY) is making progress on its goals for a second North American plant to adhere to the rising demand for its cars in the region, according to Bloomberg, citing comments in an interview with the company's production chief Harald Krueger. Krueger said, “We will decide this in the next months. On the North American continent, there’s still potential.” Reference Link
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July 22, 2014
07:24 EDTBAMXYMercedes invests in training, distribution to catch up in China, WSJ says
Daimler's (DDAIF) Mercedes-Benz unit is investing in China to build its biggest training facility in the world for car dealers and to add 100 new distribution outlets as it works to close the gap in the country with German automaking rivals BMW (BAMXY) and Audi, reported The Wall Street Journal. Reference Link

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