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Stock Market & Financial Investment News

News Breaks
January 9, 2014
07:25 EDTHMCHonda volatility flat into NAIAS
Honda overall option implied volatility of 22 is near its 26-week average according to Track Data, suggesting non-directional price movement into The North American International Auto Show (NAIAS) opening on January 13.
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April 15, 2014
18:11 EDTHMCMajor Japanese automakers target 30% production increase in Asia, Nikkei says
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08:12 EDTHMCBofA/Merrill to hold a summit
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April 11, 2014
07:31 EDTHMCChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
April 2, 2014
18:27 EDTHMCHonda reports dip in March China sales while Nissan's surge, Nikkei says
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07:44 EDTHMCChina 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

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