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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:39 EDTNSANY, F, BAMXY, TM, MZDAF, HMC, FIATYMazda recalls 42K China vehicles due to Takata air bag problem, Reuters says
Mazda will recall over 42K vehicles made in China after the company discovered problems with air bags supplied by Takata, according to Reuters, citing a China-based spokesman for the car manufacturer. Ford (F), Chrysler (FIATY), Toyota (TM), Nissan (NSANY), Honda (HMC) and BMW (BAMXY) have already issued recalls for the same problem with Takata's air bags. Reference Link
News For MZDAF;F;FIATY;TM;NSANY;HMC;BAMXY From The Last 14 Days
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February 27, 2015
06:49 EDTNSANYNissan says no major new investment needed to meet U.S. goal, Reuters reports
Nissan will be able to reach its goal of attaining 10% market share in the U.S. without making any major new investments, said Jose Munoz, an executive vice president at Nissan and the chairman of its North American arm, according to Reuters. Reference Link
06:37 EDTNSANYNissan president to emphasize customer service, dealerships, WSJ says
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February 26, 2015
10:39 EDTTM, NSANY, MZDAF, HMC, FOrbital ATK selected by 10 automakers to investigate Takata airbags
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February 25, 2015
06:33 EDTTMToyota says union salary demands 'impossible,' Reuters reports
Toyota said today that it would not be able to meet union demands for a $112 increase in monthly pay, according to Reuters. The statement came at the end of the first day of the company's talks with worker representatives, the news service stated. Reference Link
February 24, 2015
13:13 EDTTM, HMCTesla Model S named 'best overall' by Consumer Reports
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11:36 EDTFFord to hold a conference call
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05:09 EDTFFord launches training program at Kansas City plant to support F-150 production
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February 23, 2015
06:03 EDTHMCHonda says Takanobu Ito to step down as CEO, Takahiro Hachigo named new CEO
Takanobu Ito is stepping down as president and CEO of Honda, the company announced in a press release. Takahiro Hachigo, Honda's managing officer, will take over as president and CEO in June.
February 20, 2015
07:30 EDTHMCHonda cuts production by another 5,000 due to U.S. port strikes, Reuters says
Honda Motor Co stated it will lower production at two factories in Indiana and Canada from February 24 to March 2 due to a parts shortage brought on by continuing U.S. port strikes, reports Reuters, citing a Honda spokesperson. Total output loss for the two factories -- which mainly produce Civics -- will be roughly 5,000 cars, while total output loss for the company from February 16 to 23 will be roughly 20,000 cars. The spokesperson said supply will be "a little bit better next week" due to air deliveries. Reference Link
February 18, 2015
11:20 EDTNSANYNissan upgraded to Buy from Neutral at UBS
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06:38 EDTTM, F, FIATY, NSANY, HMCCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
February 17, 2015
13:02 EDTTMToyota announces recall of 230 Yaris hatchbacks, 20 Tacomas
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11:00 EDTFFord hires John Casesa to lead global strategy
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06:05 EDTFFord recalls 17,875 Falcons and Territories in Australia
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