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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
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March 27, 2015
09:26 EDTDDAIFMercedes-Benz to launch pickup truck within five years, Reuters says
Daimler AG's Mercedes-Benz plans to launch a mid-size pickup truck within next five years, reports Reuters, citing company and spokesperson statements. Mercedes will roll out the vehicle in Latin America, South Africa, Australia and Europe but has not yet decided whether to launch in the U.S., said a spokesperson. The truck will be built by Daimler's van division, said the company. Reference Link
March 25, 2015
06:48 EDTNSANYUAW looking to unionize Nissan plant in Mississippi, WSJ says
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March 22, 2015
20:02 EDTNSANYNissan airbag recall from last year probed by U.S. regulators, Bloomberg says
U.S regulators are investigating a Nissan airbag related recall from last year that pertained to 989,701 vehicles, says Bloomberg. The Nissan recall was to address software that may incorrectly classify the passenger seat as empty when it is occupied by an adult and thereby result in a failure of the air bag to deploy during a crash, added Bloomberg. According to the Bloomberg report some drivers says the flaw remains after several dealer repairs but according to a Nissan spokesperson, "Nissan Group believes the recall remedy was effective and appropriately addressed the safety defect. Reference Link
March 20, 2015
09:21 EDTNSANYNissan reorganizes U.S. sales, Chief Customer Officer Spoon to retire
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05:57 EDTNSANYLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link
March 15, 2015
17:20 EDTNSANYVolkswagen, Nissan criticized by China consumer rights show, Reuters says
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