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Stock Market & Financial Investment News

News Breaks
January 14, 2014
09:00 EDTDDAIF, NSANYMercedes, 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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April 17, 2014
08:10 EDTNSANY, DDAIFJapanese, German car manufacturers benefiting on Korea deal, Reuters says
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07:58 EDTNSANYEU vehicle sales turnaround fails to stop price war, Reuters says
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April 16, 2014
06:30 EDTDDAIFDaimler, Rolls-Royce price stake at EUR2.43B
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April 15, 2014
18:11 EDTNSANYMajor Japanese automakers target 30% production increase in Asia, Nikkei says
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08:12 EDTNSANYBofA/Merrill to hold a summit
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April 11, 2014
07:31 EDTNSANYChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
April 9, 2014
06:40 EDTNSANYCar sales rose 9% last month in China, China Daily says
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06:37 EDTDDAIFDaimler projects FY14 profit growth as strategy 'paying off,' Bloomberg says
Daimler CEO Dieter Zetsche feels that his expansion of Mercedes-Benz model offerings will allow the luxury car maker to beat rivals' sales growth and increase operating profit “significantly” in FY14, according to Bloomberg, citing comments from Zetsche. Zetsche said, "Our determination is paying off." Reference Link
April 7, 2014
06:20 EDTNSANYGhosn says Nissan-Renault committed to Russian venture, WSJ reports
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