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Stock Market & Financial Investment News

News Breaks
October 4, 2012
07:42 EDTFIATY, GM, F, TM, DDAIF, TSLA, NSANY, HMC, VLKAYAs sales growth slows in India, car makers suffer, Bloomberg reports
In India, car sales are being hurt by slow growth, reports Bloomberg. The Society of Indian Automobile Manufacturers may cut this year's forecast for sales growth for a second time, following a reduction from about 12% to 9% in July. Thatís weak growth for a market that doubled in size from 2008 to 2011, according to Bloomberg Industries data. And with sales slowing in Europe and China, car makers continue to look for signs of growth beyond the U.S. market. Reference Link
News For FIATY;GM;F;TM;DDAIF;TSLA;NSANY;HMC;VLKAY From The Last 14 Days
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October 7, 2014
08:30 EDTFIATYChrysler recalls 24,497 2014 Ram ProMaster vans
Chrysler Group LLC is recalling 24,497 model year 2014 Ram ProMaster vans manufactured July 1, 2013, to August 26, 2014. The affected vehicles may have been manufactured with head restraints that exceed the maximum backset measurement limit of 55mm. As such, these vehicles fail to comply with the requirements of the Federal Motor Vehicle Safety Standard No. 202a, "Head Restraints." If the vehicle is struck from behind, the head restraint may not properly limit the seat occupant's head movement rearward, increasing the risk of injury.
08:29 EDTGMGeneral Motors recalls 290,241 Cadillac SRX, SAAB 9-4X vehicles
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08:28 EDTGMGeneral Motors recalls 10,005 Cadillac CTS-V, STS-V vehicles
General Motors is recalling 10,005 model year 2004-2007 Cadillac CTS-V vehicles manufactured October 6, 2003, to March 15, 2007, and 2006-2007 Cadillac STS-V vehicles manufactured June 23, 2005, to March 15, 2007. In the affected vehicles, the electrical terminals of the fuel pump module may overheat resulting in the melting of the flange material. If the flange melts, a hole may be created allowing the fuel pump to leak fuel, causing the vehicle to stall, increasing the risk of a vehicle crash. Additionally, leaking fuel in the presence of an ignition source increases the risk of a fire.
08:26 EDTGMGM recalls 46,873 vehicles from 2008-2013, including Chevrolet Caprice
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08:10 EDTGMGeneral Motors estimates lowered, price target to $27 at Morgan Stanley
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06:43 EDTGMGM using Facebook, calls to reach out and get recalled cars fixed, AP reports
General Motors (GM) is using Facebook (FB) messages and phone calls to reach out to vehicle owners who have yet to bring in their cars the company has recalled, reports the Associated Press. CEO Mary Barra has also sent a personal letter urging people to get the switches replaced. Reference Link
06:35 EDTTSLAPanasonic says Tesla plant stake worth 'tens of billions' of yen, Reuters says
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06:05 EDTFIATYFiat announces merger effective October 12
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October 6, 2014
18:16 EDTTSLATesla VP of Communications to leave company, WSJ reports
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16:44 EDTGMMoody's downgrades General Motors credit facility to Baa3; Outlook stable
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16:00 EDTTSLAOptions Update; October 6, 2014
iPath S&P 500 VIX Short-Term Futures up 46c to 30.08. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX HPQ C RSH CLF PBR according to Track Data.
14:49 EDTTSLATesla looking to sell used Model S vehicles, Automotive News says
Tesla is working on an initiative to sell its Model S vehicles secondhand, Automotive News reported last night. The news was confirmed by a company spokesman, the website stated. Reference Link
13:38 EDTTSLATesla speculated to announce auto-driving features Thursday, WSJ reports
Tesla is expected to reveal new features that enable more computer controlled driving of the Model S sedan on Thursday, The Wall Street Journal reports, citing a person familiar with the matter. Reference Link
09:51 EDTGMGeneral Motors recalls Chevrolet Sparks due to hood latch defect
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09:48 EDTTMToyota recalls 2014 FJ Cruisers
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09:40 EDTFNHTSA reviews 938K Ford cars due to steering defect claims, Reuters says
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09:37 EDTTSLAActive equity options trading on open
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09:21 EDTFIATYChrysler issues recall for over 31K vans in U.S., Reuters says
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08:38 EDTTSLATesla volatility flat into October 9 announcement
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07:41 EDTNSANY, TSLA, DDAIF, TMToyota hydrogen plans knocked by heads of Nissan, Daimler, WSJ says
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