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Stock Market & Financial Investment News

News For GM;VLKAY From The Last 14 Days
Check below for free stories on GM;VLKAY the last two weeks.
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April 4, 2014
17:12 EDTGMMarket finishes mixed as Nasdaq sells off into weekend
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07:55 EDTVLKAY, GMFord outpacing rivals in China on strength of SUVs, WSJ says
Thanks in large part to a rising demand in China for sport-utility vehicles, Ford's (F) China deliveries jumped past Toyota (TM) in 2013 and the U.S. automaker also gained on General Motors (GM) and Volkswagen (VLKAY), who it has similarly trailed in China for years, reported The Wall Street Journal. Reference Link
07:38 EDTGMGM ups truck discounts in April, Reuters says
GM (GM) again increased discounts on its full-size Chevrolet Silverado pickups after being outsold in March by Chrysler's Ram 1500, according to Reuters, citing GM's details of the discount on the company's consumer website. Chrysler is a unit of Fiat (FIATY). Reference Link
06:49 EDTGMNHTSA still receiving answers, documentation from GM, WSJ reports
GM says it has submitted 200,000 pages of records and answered more than 65% of the 107 questions the NHTSA has asked about the events leading to the ignition switch recall, though a timetable has not been released on when the information will be made public, the Wall Street Journal reports. Reference Link
April 3, 2014
17:25 EDTGMGeneral Motors expects $400M pre-tax charge on currency adjustment
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12:57 EDTGMCourt may order GM to tell customers to stop driving cars, Bloomberg reports
A court will hold a hearing tomorrow on whether to order GM to tell owners of 2.59M of its small cars to refrain from driving them, Bloomberg reported this morning. Reference Link
10:43 EDTGMGM retains Jeff Eller to consult on crisis communications, Bloomberg says
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07:41 EDTGMGM CEO grilled, pushed for faster change by senators, WSJ says
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07:19 EDTGMGM accused of 'criminal deception' due to switch defect, Bloomberg says
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07:01 EDTGMGeneral Motors recall not likely to have a long-term impact, says UBS
UBS said automotive industry forecaster, IHS Automotive, has not seen a large change in General Motors production schedules following news of the recall. Based on prior recalls at at Toyota and Ford, the analyst does not expect GM to experience a long-term impact. Shares are Buy rated.
06:57 EDTGMDelphi's role in GM recall could be put to test, Reuters says
Delphi Automotive's (DLPH) name does not appear on the outside of the 2.6M vehicles recalled by GM (GM) since February, but the company is getting drawn into an increasing wave of litigation for its role in making the faulty ignition switch which sparked the recalls, reported Reuters. Reference Link
April 2, 2014
12:10 EDTGMNomura starts coverage of GM with Reduce rating
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11:37 EDTGMStocks with call strike movement; HPQ GM
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10:00 EDTGMOn The Fly: Analyst Initiation Summary
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08:44 EDTGMSenate Commerce, Science & Transportation Committee to hold a hearing
The Subcommittee on Consumer Protection, Product Safety and Insurance holds a hearing entitled, "Examining the GM Recall and NHTSA's Defect Investigation Process" with CEO of General Motors, Mary Barra is being held on April 2 at 10 am. Webcast Link
07:44 EDTGMChina mulls more electric car incentives, Bloomberg says
China may exempt electric-car buyers from paying purchase taxes as part of expanded state measures to boost sales of such cars after past incentives failed to spark demand, according to Bloomberg, citing comments from Vice Premier Ma Kai. Companies that make electric vehicles include GM (GM), Honda (HMC), Nissan (NSANY) and Tesla (TSLA). Reference Link
07:16 EDTVLKAYUAW aims to postpone Volkswagen hearing, Reuters says
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07:07 EDTGMGeneral Motors initiated with a Reduce at Nomura
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06:31 EDTGMActing NHTSA head defends decision not to open GM probe, Detroit News says
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05:53 EDTVLKAYVolkswagen may set up first car plant in Thailand, Bloomberg reports
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