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Stock Market & Financial Investment News

News Breaks
May 19, 2014
06:49 EDTBAMXYBMW aims to announce Mexican vehicle facility this summer, Reuters says
BMW hopes to announce in July that it will construct its first vehicle assembly facility in Mexico and has noted two regions where the site could be located, according to Reuters, citing an article from German magazine Automobilwoche, who didn't cite their sources of the data. 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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