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News For EADSY;DDAIF From The Last 14 Days
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October 7, 2015
19:58 EDTEADSYBombardier not in liquidity crisis, may renew Airbus talks, Globe and Mail says
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07:52 EDTEADSYAirbus files patent to increase seating on A380, Business Insider reports
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06:19 EDTEADSYAirbus CEO: Company on pace to reach delivery targets, Reuters says
Airbus is on pace to reach its delivery targets for 2015 despite cabin supplier delays, Reuters reports, citing comments from CEO Fabrice Bregier. The company's A350-1000 aircraft is set for its first delivery in mid-2017, the report says. Reference Link
06:08 EDTEADSYAirbus ends talks on Bombardier C Series jet, Financial Times reports
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October 6, 2015
17:01 EDTEADSYBombardier offers stake in CSeries program to Airbus, Reuters reports
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October 5, 2015
09:55 EDTDDAIFU.K. researchers says Ford, BMW diesels break emissions limit, Daily Mail says
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08:33 EDTEADSYAlcoa signs $1B contract with Airbus for multi-material fastening systems
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October 4, 2015
19:47 EDTDDAIFAutomakers ask for easier European emissions tests, NY Times says
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16:24 EDTEADSYEmirates says won't decide between Boeing, Airbus until 2016, Bloomberg reports
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October 1, 2015
05:56 EDTDDAIFTrueCar 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
14:00 EDTEADSYAirbus sales chief John Leahy plays down retirement talk, Reuters says
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11:59 EDTDDAIFGroup 1 Automotive acquires Mercedes dealership near Austin
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08:45 EDTEADSYPiS would block Airbus helicopter supply deal, Reuters says
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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
September 25, 2015
10:15 EDTEADSYAirbus presses A320 suppliers for 10% price cut, Reuters reports
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08:55 EDTDDAIFDaimler AG announces it denies 'any and all; allegations of manipulation
In response to the assertions from the Deutsche Umwelthilfe, Daimler AG announced the following statement: "We categorically deny the accusation of manipulating emission tests regarding our vehicles. A defeat device, a function which illegitimately reduces emissions during testing, has never been and will never be used at Daimler. This holds true for both diesel and petrol engines. Our engines meet and adhere to every legal requirement. In light of the written request by the DUH, which was sent to us this morning with a deadline to respond by 3:00 pm, and the seven questions they posed, we can confirm that none of the allegations apply to our vehicles. The technical programming of our engines adheres to all legal requirements. We have no knowledge of measurements that indicate our vehicles did not meet legally required standards. We actively support the work being done within Europe and Germany in order to develop new testing methods which measure emissions based on real driving conditions. We work closely and constructively with the responsible authorities in Germany, Europe and the United States and will willingly provide any vehicle for testing."
06:29 EDTEADSYAirbus engages in wireless initiative for planes, WSJ reports
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