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Stock Market & Financial Investment News

News Breaks
January 28, 2014
06:12 EDTHMCHonda first Japanese car company to become net U.S.exporter, Reuters reports
Last year Honda Motor Co. exported more cars from the U.S. than it imported into the country, a first among the major Japanese automakers, reports Reuters. The company's North American arm shipped 108,705 Honda and Acura brand vehicles out of the U.S. while importing 88,537 from Japan into the U.S. Reference Link
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April 24, 2014
06:20 EDTHMCAutomakers see delays of new cars delayed from U.S. factories, WSJ reports
Deliveries of new cars and trucks are being delayed from U.S. factories as automakers and railroads face effects from winter weather and the rise of production outside the Midwest, the Wall Street Journal reports. Dealers have been left short of some popular models like the Ford Explorer (F) and Toyota Rav4 (TM) because of the logjams, the publication adds. CSX Corp (CSX) CEO Michael Ward expects the situation will ease through Q2. Reference Link
April 17, 2014
08:10 EDTHMCJapanese, German car manufacturers benefiting on Korea deal, Reuters says
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07:58 EDTHMCEU vehicle sales turnaround fails to stop price war, Reuters says
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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

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