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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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March 25, 2015
06:48 EDTNSANYUAW looking to unionize Nissan plant in Mississippi, WSJ says
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March 23, 2015
06:36 EDTHMCHonda hires Exponent to investigate Takata air bags, Reuters says
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March 22, 2015
20:02 EDTNSANYNissan airbag recall from last year probed by U.S. regulators, Bloomberg says
U.S regulators are investigating a Nissan airbag related recall from last year that pertained to 989,701 vehicles, says Bloomberg. The Nissan recall was to address software that may incorrectly classify the passenger seat as empty when it is occupied by an adult and thereby result in a failure of the air bag to deploy during a crash, added Bloomberg. According to the Bloomberg report some drivers says the flaw remains after several dealer repairs but according to a Nissan spokesperson, "Nissan Group believes the recall remedy was effective and appropriately addressed the safety defect. Reference Link
March 20, 2015
09:21 EDTNSANYNissan reorganizes U.S. sales, Chief Customer Officer Spoon to retire
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05:57 EDTNSANYLand 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
March 19, 2015
12:56 EDTHMCHonda to voluntarily expand recall for Takata air bags
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March 17, 2015
16:13 EDTHMCHonda Aero receives FAA production certificate for HF120 Turbofan jet engine
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March 15, 2015
17:20 EDTNSANYVolkswagen, Nissan criticized by China consumer rights show, Reuters says
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