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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:47 EDTBAMXYBMW ups battery supplies due to EV expansion plans, Bloomberg says
BMW is positioned to spend billions of euros in raising its orders of Samsung SDI batteries as the luxury car provider broadens its lineup of electric vehicles, according to Bloomberg, citing comments from BMW's purchasing chief Klaus Draeger. 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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