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Stock Market & Financial Investment News

News Breaks
April 11, 2014
11:58 EDTBAMXYBMW recalls nearly 0.5M cars, WSJ says
BMW is recalling close to 0.5M cars globally due to an engine part defect, extending a repair action that began in China but led to more recalls in the U.S, according to The Wall Street Journal, citing a company spokesman. The spokesman said that cars made between September 2009 and November 2011 are affected by the defect. 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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