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Stock Market & Financial Investment News

News Breaks
June 3, 2014
06:27 EDTBAMXYBMW to reduce annual German labor expenses by EUR100M, Reuters says
BMW is planning to reduce annual German labor expenses by EUR100M from 2015 onwards, according to Reuters, citing comments from workers' representatives in a report from German local newspaper Muenchner Merkur. The report said the savings were due to the firm contemplating which Bavaria plants would be economically attractive enough to construct new BMW models in the coming years. 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
July 16, 2014
10:22 EDTBAMXYBMW to make 3 more vehicle models in China, WSJ says
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09:52 EDTBAMXYBMW issues recall for 1.6M vehicles globally, Reuters says
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July 15, 2014
06:47 EDTBAMXYBMW ups battery supplies due to EV expansion plans, Bloomberg says
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