New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 23, 2014
06:19 EDTNSANY, DDAIFDaimler planning to build Mercedes plant at Nissan facility, WSJ reports
Daimler (DDAIF) is planning to build a production facility for Mercedes at a facility operated by alliance partner Nissan (NSANY) in Aguascalientes, Mexico, the Wall Street Journal reports, citing Germany's Manager magazine. Daimler is expected to approve the move within the next two weeks. Reference Link
News For DDAIF;NSANY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 7, 2015
06:28 EDTNSANYRenault-Nissan may look to change its capital structure, Nikkei reports
Subscribe for More Information
October 5, 2015
09:55 EDTDDAIFU.K. researchers says Ford, BMW diesels break emissions limit, Daily Mail says
Subscribe for More Information
October 4, 2015
19:47 EDTDDAIFAutomakers ask for easier European emissions tests, NY Times says
Subscribe for More Information
October 2, 2015
07:33 EDTNSANYNissan North America recalling 218,019 2007-2012 Versa vehicles
Subscribe for More Information
October 1, 2015
09:57 EDTNSANYNissan reports September U.S. sales up 18% to 121,782 units
Subscribe for More Information
09:25 EDTNSANYNissan reports September U.S. auto sales up 18%, Bloomberg says
Subscribe for More Information
05:56 EDTDDAIF, NSANYTrueCar boosts 2015 U.S. sales forecast to 17.4M from 17.2M
TrueCar (TRUE) raised its 2015 annual forecast by 200,000 units to 17.4 million as sales growth in the remaining months of 2015 is poised to remain vigorous. New auto sales in September, aided by a later-than-usual Labor Day, should expand by 12.6 percent from a year ago, while the Seasonally Adjusted Annual Rate should reach 17.7 million units. That strength underpins TrueCar's revised full-year industry forecast of 17.4 million units, the highest volume since 2000. Retail share of the total industry likely expanded a full point in September versus last year, indicating busier-than-average showrooms. Confident consumers are expected to push new vehicle revenue to a record $45 billion for the month, up 13.2 percent versus the same period last year. Publicly traded companies in the space include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM), Daimler (DDAIF) and Volkswagen (VLKAY). TrueCar EVP Larry Dominique commented, "Volkswagen's stop sell of diesel vehicles in the U.S. causes a noticeable hit to its September revenue, with a 7.7 percent decline. We expect sales to dip by at least by 5 percent and incentives to increase by $235 per unit, which will be essential to push non-impacted models off the lots."
September 30, 2015
19:27 EDTDDAIFEuropean carmakers use stripped-down vehicles for certification, WSJ says
European car certification tests rely on "golden vehicles," stripped down models with oftentimes sparse resemblance to their real-world counterparts, reports the Wall Street Journal. One anonymous auto executive disclosed that automakers in the region never use random vehicles drawn from assembly lines, remarking, "It's like preparing for a major race. We tune them and pamper them like stud horses." Companies in the space include Volkswagen (VLKAY), BMW (BAMXY), Daimler (DDAIF), Peugeot (PUGOY), and Fiat Chrysler (FCAU). Reference Link
September 28, 2015
11:59 EDTDDAIFGroup 1 Automotive acquires Mercedes dealership near Austin
Subscribe for More Information
06:57 EDTDDAIFNHTSA mulls Takata air bag recall expansion, Bloomberg reports
The National Highway Traffic Safety Administration, or NHTSA, is mulling an order that would expand that recalls of Takata (TKTDY) air bags and has contacted seven manufacturers who may be affected, including Volkswagen (VLKAY) and Tesla (TSLA), Bloomberg reports. Takata had identified seven companies that it has supplied with air bag inflators that use ammonium nitrate propellant, the report says, citing NHTSA letters dated September 22. The NHTSA also contacted Mercedes-Benz (DDAIF), Jaguar Land Rover (TTM), Suzuki (SZKMF), Volvo Trucks (VOLVY), and Spartan Motors (SPAR), the report says. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use