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Stock Market & Financial Investment News

News Breaks
December 14, 2012
07:12 EDTDDAIF, VLKAY, F, HMC, NSANY, TSLA, GM, FIATY, TMEU auto sales fall to 19 year low, Bloomberg reports
European car sales slid 10% in November, bringing EU registrations this year to a 19-year low, reports Bloomberg. Reference Link
News For DDAIF;VLKAY;F;HMC;NSANY;TSLA;GM;FIATY;TM From The Last 14 Days
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September 12, 2014
06:22 EDTGMGeneral Motors issues 'stop delivery' order for new Corvettes, WSJ reports
A "stop delivery" order on 2015 Chevrolet Corvettes has been ordered by General Motors, the Wall Street Journal reports. According to a spokesman, the automaker wants to fix two potential problems -- a parking brake issue and an air bag problem -- with the car before they leave the Bowling Green, KY plant or dealer lots. Reference Link
September 11, 2014
16:00 EDTTSLAOptions Update; September 11, 2014
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15:41 EDTTSLATesla September volatility low as shares trade near record high
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15:14 EDTTSLA, TMToyota says no new or pending projects with Tesla, WSJ reports
After a question about Tesla Motors' (TSLA) soon-to-end deal to supply batteries and drive systems to Toyota (TM) for an electric RAV4 was posed to Tesla CEO Musk, the executive said earlier this week that his company may reach a new partnership with the Japanese company in the next two or three years, but Toyota’s chief U.S. spokeswoman has now told The Wall Street Journal that its RAV4 EV project with Tesla has been "mutually beneficial" but that the companies "currently have no new, or pending projects under discussion.” Reference Link
13:35 EDTFFord's Lincoln to launch Navigator marketing push, Automotive News says
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13:30 EDTTMToyota to recall 130,000 Tundra pickups due to air bag problem
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09:37 EDTTSLAActive equity options trading on open
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07:05 EDTFIATYFiat head says not looking to include Ferrari in group, Reuters says
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06:54 EDTFIATYJeep head says firm poised to sell 1M cars in FY14, Reuters says
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06:51 EDTGMGM to reveal 40 new vehicles in India, other countries, Reuters says
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06:31 EDTFIATY, VLKAYVolkswagen JV, Chrysler unit fined in China for price-fixing, WSJ reports
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06:04 EDTGMGeneral Motors to roll out OnStar in Europe, Re/code reports
General Motors (GM) is planning to roll out its OnStar service beyond the U.S. and Canada to parts of Europe, Re/code reports. The service is powered by AT&T (T). Reference Link
September 10, 2014
16:00 EDTTSLAOptions Update; September 10, 2014
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15:27 EDTTMToyota searching for Mexico assembly plant site, Bloomberg reports
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14:58 EDTFIATYFiat's CEO to become Ferrari chairman
The CEO of Fiat (FIATY), will become the new chairman of Ferrari, replacing Luca Cordero di Montezemolo who is resigning as of October 13, Fiat announced earlier today.
13:26 EDTTSLATesla gigafactory payroll seen at $370M by 2018, MarketWatch reports
Tesla's gigafactory is estimated to create 6,500 direct jobs, 16,200 indirect jobs, and as much as $370M a year in payroll by 2018, MarketWatch reports, citing a study commissioned by the Nevada governor's office. Reference Link
12:27 EDTDDAIFDaimler aiming for $3.9B German facility overhaul, WSJ says
Daimler is aiming to invest over $3.9B in its vehicle facilities in Germany this year and reorganize its world-wide manufacturing networks to reduce expenses and improve on fast-paced growth management, according to The Wall Street Journal, citing comments from Mercedes-Benz's production chief Markus Schafer. Reference Link
09:38 EDTTSLAActive equity options trading on open
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09:17 EDTF, GM, FIATY, TM, VLKAY, HMC, NSANYChina mulls easing car dealer restrictions, Bloomberg says
China's Ministry of Commerce is considering whether to ease rules on car dealers and allow them to sell vehicles from multiple brands in the same store, according to Bloomberg, citing people familiar with the matter. Note that both Bitauto (BITA) and Autohome (ATHM), which operate automobile buyer focused websites in China, were down significantly during yesterday's trading, though it is unclear if the reported new regulations play a role in their share weakness. Publicly traded carmakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
08:02 EDTGMGM calls Canadian dealer 'ambush' allegations overblown, Globe & Mail reports
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