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Stock Market & Financial Investment News

News Breaks
May 29, 2014
13:02 EDTTM, HMCMagazine: Honda Accord Hybrid fuel effiiciency impressive but less than promised
After conducting fuel economy tests, Consumer Reports found that Honda's Accord Hybrid delivered impressive overall fuel-economy, tying the smaller Honda Civic Hybrid and just below the top-performing Toyota (TM) Prius hatchback. However, the magazine found that the Accord Hybrid averaged 40 mpg, well below the EPA's figure of 47 mpg it said was posted on the cars' window stickers. Reference Link
News For HMC;TM From The Last 14 Days
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November 28, 2014
06:55 EDTTMToyota recalls 57K vehicles for dangerous Takata air bags, Reuters reports
Toyota said it would recall 57,000 vehicles globally to replace potentially deadly air bags made by Takata, reports Reuters. Toyota is recalling Vitz subcompacts and RAV4 crossover models made between December 2002 and March 2004. Toyota said it was not aware of any injury or death related to the recall. Reference Link
November 26, 2014
17:02 EDTHMCNHTSA orders Takata to issue nationwide U.S. air bag recall, Reuters says
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November 25, 2014
06:35 EDTTM, HMCJapanese ministry urging automakers to speed up air bag recalls, Reuters says
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November 24, 2014
18:12 EDTHMCHonda admits to underreporting death and injury incidents, WSJ reports
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November 21, 2014
12:12 EDTHMCHonda may secure replacement parts from suppliers other than Takata, WSJ says
According to sources, Honda is in talks with several suppliers besides Takata about securing replacement parts for vehicles that have been recalled over defective air bags made by Takata, The Wall Street Journal reports. One source says Honda is close to finding "at least" one other supplier. Reference Link
10:32 EDTTMToyota to recall 422K Lexus models for possible fuel leak, Reuters reports
Toyota is recalling 422.5K Lexus models due to possible fuel leaks that increase the risk of fire, Reuters reports. The models include 2007-2010 Lexus LS, 2006-2011 GS and 2006-2011 IS. Reference Link
08:14 EDTHMC, TMHonda warned Takata on airbags years before recalls, WSJ reports
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November 20, 2014
07:57 EDTHMC, TMIIHS crash tests results for minivans 'one of the worst', CNBC says
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07:11 EDTTMBofA/Merrill to hold a conference
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November 19, 2014
06:51 EDTHMC, TMRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 18, 2014
17:37 EDTTM, HMCNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
06:46 EDTTMToyota to sell fuel cell car in Japan in December, Reuters says
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06:00 EDTHMCHonda quietly offers to replace defective air bags, AP reports
Though its latest recall for defective air bag inflators only covers vehicles in 13 states, Honda is quietly offering to repair the inflators across the U.S. for owners concerned about their safety, the Associated Press reports. Honda is not planning to notify customers outside the recall areas, the AP says. Reference Link
November 17, 2014
12:59 EDTTMToyota experimenting with driverless car technology, Nikkei reports
Toyota is working on driverless car technology at its U.S. research centers in a move to develop "self-judging" vehicles that can avoid traffic accidents, the Nikkei reports. Reference Link
November 16, 2014
19:58 EDTTM, HMCJapan's GDP contracts 1.6% in third quarter, WSJ says
Japan's economy has slumped into a recession in the third quarter as a sales tax increase resulted in firms cutting inventory and capital investment, says the Wall Street Journal. According to the Wall Street Journal report, Japan's real GDP in Q3 retreated 1.6% on an annualized basis against a median forecast for a 2.25% expansion. The setback in the country's growth will likely result in Prime Minster Shinzo Abe postponing a second sales tax increase, added the Wall Street Journal. Reference Link

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