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Stock Market & Financial Investment News

News Breaks
January 14, 2014
09:00 EDTNSANY, DDAIFMercedes, Infiniti in SUV joint venture talks, FT says
The luxury brands of Daimler (DDAIF) and Nissan (NSANY), Mercedes and Infiniti, are are in talks to jointly develop a second shared vehicle platform that would be used for large sedans and SUVs, according to Financial Times, citing Infiniti chief executive Johan de Nysschen. Reference Link
News For DDAIF;NSANY From The Last 14 Days
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May 1, 2015
10:04 EDTNSANYNissan reports April U.S. sales 109,848 units, up 5.7% y/y
April 28, 2015
05:49 EDTDDAIFDaimler AG sees FY15 EBIT to be 'significantly' higher than previous year
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05:49 EDTDDAIFDaimler AG reports Q1 net profit EUR 2.05B vs. 1.09B
Reports Q1 revenue up 16% to EUR 34.24B, vs. EUR 29.46B. Reports Q1 unit sales up 13% to 641,600 vehicles. Mercedes-Benz Cars increased its sales by 18% to 459,700 vehicles, achieving its best-ever first quarter in terms of unit sales.
April 23, 2015
19:49 EDTDDAIFAudi plans five additional models for India, Economic Times says
In an interview with the Economic Times, Volkswagen's (VLKAY) Audi India brand director Joe King said the company plans to launch five new models in India within the next five months. "We see huge potential to grow in the Indian market... The GDP is likely to improve as the fundamentals of the Indian economy are strong and softening interest rate will propel demand for the luxury cars," said King. The Economic Times notes that Daimler's (DDAIF) Mercedes-Benz also aims to ramp up efforts in the region. Reference Link
05:59 EDTDDAIFMercedes-Benz fined $56M by China for price-fixing, FT reports
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April 20, 2015
14:10 EDTNSANYNissan: China should add incentives for electric vehicles, Automotive News says
Nissan CEO Carlos Ghosn said he was disappointed by electric vehicle sales in China and called on Beijing to intensify incentives for electric vehicles, according to Automotive News. Tesla (TSLA) also sells electric vehicles in China. Reference Link
12:53 EDTNSANYNissan: China should add incentives for electric vehicles, Automotive News says
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08:12 EDTDDAIF, NSANYMarathon Patent Group announces results of Signal IP Markman ruling
Marathon Patent Group (MARA) announced that on April 17, the United States District Court Central District of California issued the claim construction order in the litigation involving its wholly-owned subsidiary Signal IP and American Honda Motor Co. (HMC), Nissan North America (NSANY), Porsche Cars of North America, Mazda Motor of America, Mercedes-Benz USA (DDAIF), BMW of North America, Subaru of America, Kia Motors America, Mitsubishi Motors North America, Volkswagen (VLKAY), and Jaguar Land Rover North America. A total of 36 claim terms from a total of seven patents were disputed between Signal IP and the defendants.

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