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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:14 EDTNSANY, DDAIFDaimler, Nissan finalize joint Mexico manufacturing venture, Reuters says
Daimler (DDAIF) and Nissan (NSANY) finalized a joint venture agreement to construct future Mercedes and Infiniti compact vehicles in Mexico, according to Reuters, citing sources with knowledge of the matter. Reference Link
News For DDAIF;NSANY From The Last 14 Days
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February 5, 2016
08:36 EDTDDAIFDaimler CEO: Won't sacrifice margins in effort to overtake BMW, Reuters says
Daimler (DDAIF) CEO Dieter Zetsche said that the auto maker would not sacrifice margins in its effort to overtake BMW (BAMXY) to become the best-selling luxury car brand, Reuters reports, citing comments from Zetsche to analysts at a conference to discuss Q4 results. Zetsche is urging Mercedes to become the leading luxury car brand by 2020 after surpassing Volkswagen's (VLKAY) Audi (AUDVF), the report says. "The volume lead should be the consequence of having the best offering," Zetsche said. "If we accomplish this, it is a natural consequence that more people will choose us." He added, "People said it will create pricing and margin pressure. Exactly the opposite is true." Reference Link
February 4, 2016
05:54 EDTDDAIFDaimler AG sees growth for unit sales, revenue, EBIT in FY16
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05:52 EDTDDAIFDaimler AG reports Q4 EPS EUR 1.90 vs. EUR 1.02 last year
Reports Q4 Revenue EUR 40.43B vs. EUR 35.75B last year. Reports Q4 net profit EUR 2.1B vs. EUR 1.19B last year.
February 2, 2016
14:11 EDTNSANYAutodata estimates January U.S. auto sales pace at 17.58M, CNBC reports
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09:07 EDTNSANYNissan reports January U.S. sales up 1.6% to 105,734 units
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09:04 EDTNSANYNissan reports January U.S. sales up 1.6%, Bloomberg says
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07:09 EDTDDAIF, NSANYTrueCar projects U.S. revenue from new vehicle sales reached $38B in January
TrueCar projects U.S. revenue from new vehicle sales reached a record high for the month of January of $38 billion, up 1.4 percent from a year ago. January marked the auto industry's 25th consecutive month of year over year revenue expansion. Higher average transaction prices helped automakers post a $520 million gain in revenue versus January 2015, despite a likely increase in incentive spending and somewhat lower sales compared with a year ago. As previously announced, TrueCar projects sales of new cars and light trucks contracted 0.3 percent last month. Publicly traded companies in the space include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
February 1, 2016
18:46 EDTDDAIF, NSANYAutomakers hit with additional costs due to China regulatory shift, Reuters says
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January 29, 2016
09:43 EDTNSANYNissan recalls 846K Altimas due to faulty hood latch
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January 28, 2016
10:28 EDTNSANYTakata CEO plans to resign, WSJ reports
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January 25, 2016
17:21 EDTNSANYNissan CEO says considering expanded collaboration with Renault, Nikkei says
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January 24, 2016
19:10 EDTDDAIFDaimler CEO: Apple, Google farther along on car than assumed, Reuters says
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