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Stock Market & Financial Investment News

News Breaks
August 5, 2014
09:29 EDTFIATY, TTM, DDAIFChrysler planning to cut prices in China for some models, WSJ reports
Fiat Chrysler Automobiles' (FIATY) Chrysler is set to cut prices in China for some of its models and spare parts in response to closer scrutiny by the government, the Wall Street Journal reports. Daimler (DDAIF) and Tata Motors' (TTM) Jaguar Land Rover have also cut prices for some models in recent weeks. Reference Link
News For FIATY;DDAIF;TTM From The Last 14 Days
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March 30, 2015
16:37 EDTTTMTata Motors files automatic mixed securities shelf
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March 27, 2015
09:26 EDTDDAIFMercedes-Benz to launch pickup truck within five years, Reuters says
Daimler AG's Mercedes-Benz plans to launch a mid-size pickup truck within next five years, reports Reuters, citing company and spokesperson statements. Mercedes will roll out the vehicle in Latin America, South Africa, Australia and Europe but has not yet decided whether to launch in the U.S., said a spokesperson. The truck will be built by Daimler's van division, said the company. Reference Link
March 20, 2015
05:57 EDTTTMLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link

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