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Stock Market & Financial Investment News

News Breaks
May 14, 2014
09:51 EDTCAJ, VLKAYCanon U.S.A. signs global service agreement with Volkswagen
Canon U.S.A.. (CAJ) announced that Canon has signed a global service agreement with German automobile manufacturer Volkswagen AG (VLKAY) for the provision of multifunction office systems and solutions. Over the next few years, Canon will serve as a global partner to Volkswagen, providing managed printing services and solutions through Canon multifunction office systems and laser printers to Volkswagen group offices and factories worldwide.
News For CAJ;VLKAY From The Last 14 Days
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September 18, 2014
06:35 EDTVLKAYUAW plans to again negotiate for Volkswagen plant workers in Tennessee, WSJ says
The United Auto Workers union plays to again negotiate for some manufacturing workers at Volkswagen's (VLKAY) Tennessee auto assembly although it was rejected in a February organizing vote, reports the Wall Street Journal. The labor union said roughly 750 workers have joined the recently formed union local in Chattanooga, Tennessee. Reference Link
September 17, 2014
07:37 EDTVLKAYEU car registrations up 2.1% in August, up 5.6% in July
The European Automobile Manufacturers Association reported new passenger car registrations were up by 5.6% in July and by 2.1% in August. Eight months into the year, demand for new cars amounted to 8,336,159 units, or 6.0% more than in the same period last year, the group noted. Publicly traded automakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
September 16, 2014
07:08 EDTVLKAYToyota Lexus unit questioned regarding parts pricing, Reuters says
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06:30 EDTVLKAYNHTSA chief calls for 'new normal' for recalls, Detroit News reports
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September 12, 2014
11:50 EDTVLKAYPorsche SE takes 10% stake in INRIX for $55M
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September 11, 2014
06:31 EDTVLKAYVolkswagen JV, Chrysler unit fined in China for price-fixing, WSJ reports
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September 10, 2014
09:17 EDTVLKAYChina mulls easing car dealer restrictions, Bloomberg says
China's Ministry of Commerce is considering whether to ease rules on car dealers and allow them to sell vehicles from multiple brands in the same store, according to Bloomberg, citing people familiar with the matter. Note that both Bitauto (BITA) and Autohome (ATHM), which operate automobile buyer focused websites in China, were down significantly during yesterday's trading, though it is unclear if the reported new regulations play a role in their share weakness. Publicly traded carmakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
September 8, 2014
13:04 EDTVLKAYAugust vehicle sales drop in Russia, WSJ says
The Association of European Businesses said that the sales of new vehicles in August throughout Russia have dropped at the quickest rate so far in 2014, according to The Wall Street Journal, citing a statement from chairman of the AEB Automobile Manufacturers Committee Joerg Schreiber. Industry officials are anticipating sales in the country for 2014 to decrease another 20% after a 5% decline last year. Publicly traded companies in the automobile industry include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
September 7, 2014
13:29 EDTVLKAYVolkswagen to temporarily halt production at Russian plant, WSJ says
Citing "the general economic situation in Russia," Volkswagen will stop production at its plant in Kaluga, Russia, for 10 days, says the Wall Street Journal. Reference Link

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