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Stock Market & Financial Investment News

News Breaks
August 20, 2014
06:16 EDTDDAIF, HTHIYHitachi among auto-part makers fined by China, WSJ reports
China has fined 12 Japanese auto-part makers a total of $202M for alleged price manipulation, the Wall Street Journal reports. Hitachi (HTHIY), NSK, NTN and Sumitomo Corp are among the companies to be fined by the National Development and Reform Commission for colluding over prices of auto parts. Daimler (DDAIF), Audi and BMW may also face penalties from the NDRC over the cost of spare parts in China. Reference Link
News For HTHIY;DDAIF From The Last 14 Days
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March 27, 2015
09:26 EDTDDAIFMercedes-Benz to launch pickup truck within five years, Reuters says
Daimler AG's Mercedes-Benz plans to launch a mid-size pickup truck within next five years, reports Reuters, citing company and spokesperson statements. Mercedes will roll out the vehicle in Latin America, South Africa, Australia and Europe but has not yet decided whether to launch in the U.S., said a spokesperson. The truck will be built by Daimler's van division, said the company. Reference Link

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