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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:55 EDTHYMLF, AUDVF, BAMXYHyundai reveals sedans in South Korea to rival BMW, Audi, Reuters says
On the night before the Busan Motor Show, Hyundai (HYMLF) revealed two new sedans manufactured for its home South Korean market to take on increasing imports from rivals such as BMW (BAMXY) and Audi (AUDVF), according to Reuters, citing comments from Hyundai domestic sales executive Kim Sang-dae. Reference Link
News For HYMLF;BAMXY;AUDVF From The Last 14 Days
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February 5, 2016
08:36 EDTAUDVF, BAMXYDaimler CEO: Won't sacrifice margins in effort to overtake BMW, Reuters says
Daimler (DDAIF) CEO Dieter Zetsche said that the auto maker would not sacrifice margins in its effort to overtake BMW (BAMXY) to become the best-selling luxury car brand, Reuters reports, citing comments from Zetsche to analysts at a conference to discuss Q4 results. Zetsche is urging Mercedes to become the leading luxury car brand by 2020 after surpassing Volkswagen's (VLKAY) Audi (AUDVF), the report says. "The volume lead should be the consequence of having the best offering," Zetsche said. "If we accomplish this, it is a natural consequence that more people will choose us." He added, "People said it will create pricing and margin pressure. Exactly the opposite is true." Reference Link
January 28, 2016
10:28 EDTBAMXYTakata CEO plans to resign, WSJ reports
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