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Stock Market & Financial Investment News

News Breaks
June 23, 2014
06:03 EDTNSANY, HMCNissan, Honda recalling vehicles for defective airbags, AP reports
Honda (HMC) is recalling 2.03M vehicles globally manufactured from 2000-2005 for defective airbags manufactured by Takata Corp that could potentially explode, the Associated Press reports. Nissan (NSANY) is recalling 755,000 vehicles globally manufactured from 2001-2003 for the same issue. Mazda is recalling around 160,000 vehicles manufactured from 2002-2004. No accidents have been reported related to the recalls. Reference Link
News For HMC;NSANY From The Last 14 Days
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September 1, 2015
14:55 EDTNSANY, HMCAutodata says U.S. auto sales rate comes in at 17.8M SAAR, CNBC reports
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10:45 EDTHMCHonda reports August U.S. sales down 6.9% to 155,491 units
10:33 EDTNSANYNissan reports August U.S. sales down 0.8% to 133,351 units
August 26, 2015
16:26 EDTHMC, NSANYMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTHMC, NSANYTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTHMC, NSANYTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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August 21, 2015
18:42 EDTHMCNHTSA launches probe into 2008 Honda Accord air bag controller, Reuters says
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10:02 EDTHMCHome Depot, Honda Power Equipment expand supply partnership
Honda Power Equipment, a division of American Honda Motor Co. (HMC), and marketer of a comprehensive range of outdoor power equipment, announced today the expansion of its partnership with The Home Depot (HD). Beginning September 1, a number of Honda generator models will be sold at The Home Depot's top 300 U.S. PRO Desk locations, a specialized area of the store dedicated to the product and service needs of the professional contractor.
August 20, 2015
10:32 EDTNSANYRenault-Nissan to cut nearly 1,000 jobs at plant in Chennai, Times of India says
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10:00 EDTNSANYOn The Fly: Analyst Upgrade Summary
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06:53 EDTNSANYNissan upgraded to Overweight from Neutral at JPMorgan (yesterday)
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