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Stock Market & Financial Investment News

News Breaks
February 28, 2012
10:06 EDTGM, F, VLKAY, DDAIF, TSLA, FIATY, NSANY, TM, HMCChinese government looking to stop buying foreign cars, China Daily reports
China's government intends to stop buying cars made by foreign companies, according to China Daily, which cited a recommendation by the country's Ministry of Industry and Information Technology last week. Reference Link
News For DDAIF;TSLA;FIATY;NSANY;TM;HMC;GM;F;VLKAY From The Last 14 Days
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August 9, 2014
15:53 EDTVLKAYVW recalls 151k Tiguans on stalling possibility, WSJ says
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15:40 EDTGMGM loses attempt to dismiss revived ignition-death lawsuit, Bloomberg says
A Georgia judge rejected General Motors' attempt to dismiss a revived lawsuit over the death of woman that precipitated the recall of 2.59M cars over faulty ignition switches, says Bloomberg. Reference Link
August 8, 2014
16:00 EDTTSLAOptions Update; August 8, 2014
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14:09 EDTGMGeneral Motors announces 269K vehicle recall
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11:13 EDTFFord China reports July sales up 25% to 90,775 vehicles sold
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10:52 EDTVLKAYVolkswagen recalls 2009 Routans due to ignition defect
The company said that it is recalling 2009 Routan vehicles due to an ignition defect. The key fob should be removed from the key ring. Road conditions or some other jarring event may cause the ignition switch to move out of the run position, turning off the engine. If the ignition key inadvertently moves into the "off" or "accessory" position, the engine will turn off, which will then depower various key safety systems including but not limited to air bags, power steering, and power braking. Loss of functionality of these systems may increase the risk of crash and/or increase the risk of injury in the event of a crash. Volkswagen will notify owners, and dealers will modify the ignition switch, free of charge. The recall is expected to begin in August. Reference Link
09:37 EDTTSLAActive equity options trading on open
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06:47 EDTGMGM aims to unveil new Volt hybrid in six months, Reuters says
GM said that it plans to showcase its newest model of its Chevrolet Volt hybrid electric vehicle in six months, reported Reuters. Company officials did not explain details on the pricing or driving range of the 2016 model, but said the car will be revealed at the North American International Auto Show. Reference Link
06:35 EDTHMC, NSANY, TMNissan nears Honda U.S. sales due to designs, costs, Reuters says
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August 7, 2014
16:00 EDTTSLAOptions Update; August 7, 2014
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10:33 EDTVLKAYUnion heads force Volkswagen to cut McKinsey proposals, Reuters says
Volkswagen's cost reduction plan worth $6.68B endured a major downfall after Union heads made management cut detailed proposals created by consultants at McKinsey, according to Reuters, citing sources. The sources said that the cost-reduction strategy itself still stands, however. Reference Link
09:36 EDTTSLAActive equity options trading on open
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06:49 EDTFIATYMarchionne says no talks, but open to Canada investment proposal, Reuters says
Fiat (FIATY) Chrysler Group CEO Sergio Marchionne noted that the firm had not restarted discussions with Canadian officials regarding investments to help back an upgrade for the company's minivan facility in Windsor, but the car manufacturer would be open to hearing any offered pitch, according to Reuters, citing comments from Marchionne. Reference Link
06:49 EDTNSANY, TM, HMCFitch: Major Japanese car makers gained market share in China, Xinhua says
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06:43 EDTFIATYFiat CEO accuses 'overreaction' for sell-off shadowing deal, Reuters says
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06:33 EDTVLKAY, FIATYAnti-trust investigations in China reignite protectionism worries, Reuters says
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06:22 EDTTMToyota recalls 2014 Siennas due to defected transmission shift control cable
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06:18 EDTGMGM issues recall for certain model year SAABs, Trailblazer EXTs, others
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06:12 EDTFFord reports Class A and C motorhome sales up 12% and 14% year-to-date
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06:07 EDTTSLATesla implied volatility of 40 at lower end of index mean range
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