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Stock Market & Financial Investment News

News Breaks
February 28, 2012
07:41 EDTGM, TMGM looks to pass Lexus with new Cadillac models, Bloomberg reports
Now that GM (GM) has regained the global sales leadership from Toyota (TM), it's planning new Cadillac models to more than double sales and overtake the Japanese automakerís Lexus luxury brand, reports Bloomberg. Reference Link
News For GM;TM From The Last 14 Days
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August 26, 2015
13:42 EDTTM, GMTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTTM, GMTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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06:48 EDTTMToyota to restart operations at Tianjin plants Thursday, Reuters reports
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August 25, 2015
06:32 EDTTMToyota tests possible alternatives to Takata air bag inflators, Reuters reports
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August 24, 2015
19:36 EDTGMGeneral Motors ends two-week strike in Brazil, Reuters says
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17:50 EDTGMGeneral Motors denies 3944 of 4343 ignition switch claims
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13:42 EDTTMToyota to halt Prius production in Thailand, Nikkei Asian Review reports
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09:45 EDTGMOn The Fly: Analyst Initiation Summary
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09:18 EDTGMOn The Fly: Pre-market Movers
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08:04 EDTGMGeneral Motors coverage resumed with an Underweight at Morgan Stanley
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06:14 EDTGMGM recalling 59,474 2010 Chevrolet Cobalt vehicles
GM is recalling 59,474 2010 Chevrolet Cobalt vehicles manufactured January 4, 2010, to June 23, 2010. The affected vehicles may be equipped with an improperly routed Side-Impact Sensor wiring harness in the driver side front door. The misrouted wiring harness could cause an electrical short that disables the driver side curtain air bag. A disabled driver side roof-rail air bag will not deploy in the event of a crash necessitating deployment of that air bag, increasing the risk of injury to the driver.
August 23, 2015
18:23 EDTGMGM, Volkswagen slow production at Chinese factories, WSJ says
Auto manufacturers including General Motors (GM) and Volkswagen (VLKAY) appear to be running their Chinese factories at less than maximum capacity for the first time, reports the Wall Street Journal, citing industry data. The numbers suggest that a "bumpier ride" may be in store for multinationals that counted on Chinese demand, said the report. "The situation seems worse than that of 2008," remarked an engineer working at GM's Shanghai plant. Reference Link
17:32 EDTTMToyota extends Tianjin production shutdown through August 26, Bloomberg says
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August 21, 2015
06:46 EDTGMGM recalling 5,493 2014-2015 Chevrolet Impala vehicles
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06:14 EDTTMToyota to purchase air bag inflators from Nippon Kayaku, Reuters reports
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August 20, 2015
06:38 EDTTMToyota to ask parts makers for price cuts, Nikkei reports
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August 19, 2015
13:35 EDTGMGM investing C$12M for added Chevrolet Equinox production at Oshawa Assembly
GM Canada president and managing director Steve Carlisle announced that GM will invest C$12M to increase Chevrolet Equinox production on the Consolidated production line at Oshawa Assembly and for related changes in the body shop at CAMI Assembly. This further investment in Ontario-based production and supplier tools will help to meet strong North American customer demand for the Chevrolet Equinox. The investment extends plans for ongoing Oshawa Assembly Consolidated Line production to 2017. GM has invested approximately C$800M in its Oshawa and St. Catharines operations over the past 3 years and recently announced a further $800M investment in its CAMI operation in Ingersoll, Ontario.
09:40 EDTTMToyota downgraded to Neutral from Overweight at JPMorgan
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August 18, 2015
16:50 EDTGMGM's future Buick production may shift to Europe, China, Reuters reports
According to two sources familiar with General Motors' plans, the majority of Buick vehicles sold in the United States after 2016 may be imported from China and Europe, Reuters reports. Reference Link
15:58 EDTGMGM's future Buick production may shift to Europe, China, Reuters reports
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