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Stock Market & Financial Investment News

News Breaks
December 28, 2012
06:57 EDTNSANY, FAuto makers attracted to Spain's low labor costs, NY Times reports
Ford (F) and Renault have recently announced plans to increase their production capacity in Spain, where labor costs are now 40% cheaper than in Germany and France, according to the New York Times. Other car makers had previously committed to spending up to $2.64B on building new plants or expanding existing factories in Spain, giving the troubled country a ray of hope, the newspaper said. Reference Link
News For F;NSANY From The Last 14 Days
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April 17, 2015
13:01 EDTFFord confirms $2.5B investment in new engine, transmission plants in Mexico
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08:01 EDTFFord, DowAska to jointly develop carbon fiber for light-weighting applications
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April 16, 2015
18:42 EDTNSANYNissan expands Sentra recall by 45,000 vehicles, Bloomberg says
Following an airbag injury last month, Nissan (NSANY) is adding 45,000 vehicles to a previous recall of its Sentra model, reports Bloomberg, citing a company spokesperson. The recall now encompasses 2004 through 2006 models in U.S. states with high humidity levels. Bloomberg notes that the airbag may have been manufactured by Takata (TKTDY), a company involved in an ongoing investigation into its airbag quality. Reference Link
08:26 EDTFNew aluminum Ford F-150 gets top safety rating, Detroit Free Press reports
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06:33 EDTNSANYToyota engineer says charging electric cars quickly impractical, Reuters says
Charging electric vehicles quickly would place too much pressure on the electricity grid, Yoshikazu Tanaka, chief engineer of Toyota's hydrogen fuel-cell car Mirai, said, according to Reuters. If a car received enough electricity in 12 minutes to travel 310 miles, it would probably consume enough electricity to power 1,000 houses, the news service quoted Tanaka as saying. Prominent makers of electric cars include Tesla (TSLA), Nissan (NSANY), and GM (GM).Reference Link
April 15, 2015
11:21 EDTNSANYMobileye rises after Morgan Stanley, Deutsche Bank hike price targets
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09:55 EDTFBofA/Merrill U.S. autos analysts hold an analyst/industry conference call
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05:27 EDTFTenneco to supply Ford Focus and Ford C-MAX with suspension technology
Tenneco (TEN) announced that Ford (F) has chosen Tennecoís damper technology for its new Ford Focus and Ford C-MAX, both of which are built on Fordís C-Car global platform. According to Ford, these latest launches introduce a number of advanced new technologies focused on enhanced comfort, safety and ride quality. Tennecoís Multi-Tuned Valve is a cost-effective twin tube valve system that provides a wide range of tuning options. MTV offers improved shock absorber performance and durability compared to conventional valves, and enables the optimum balance between body control and driver comfort.
April 14, 2015
12:23 EDTFFord likely to announce $2.5B investment in Mexico this week, Reuters reports
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