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Stock Market & Financial Investment News

News Breaks
April 17, 2014
07:58 EDTPEUGY, FIATY, HMC, F, GM, NSANY, HYMLF, VLKAY, TMEU vehicle sales turnaround fails to stop price war, Reuters says
Registrations data illustrated that Europe's vehicle sales recovery may be gaining strength, but a confidential industry survey showed that the pickup is failing to stop a price war, reported Reuters. The Association of European Carmakers said that registrations rose 10.4% in March, rounding off an 8.1% gain for the first three months of the year. Publicly traded companies in the space include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM), Hyundai (HYMLF), Peugeot (PEUGY) and Volkswagen (VLKAY). Reference Link
News For NSANY;HMC;TM;GM;FIATY;VLKAY;F;PEUGY;HYMLF From The Last 14 Days
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May 18, 2015
06:57 EDTNSANYNissan won't change capital alliance with Renault, Reuters says
Nissan CEO, Carlos Ghosn, stated that the company will not change its capital alliance with Renault, after France increased its stake and voting rights in Renault, reports Reuters. Reference Link
06:26 EDTHMC, TM, NSANY, GM, FStudy shows Toyota and Honda leads in best supplier relations, Reuters says
A new study revealed that Toyota (TM) and Honda (HMC) led automakers with U.S. plants in supplier relations, reports Reuters. According to the study led by Planning Perspectives President John Henke, Toyota led Honda while Ford (F) was a distant third and Nissan (NSANY) came in fourth. General Motors (GM) and Fiat Chrysler (FCAU) were last on the list. Reference Link
05:56 EDTNSANYNissan CEO says its autonomous cars will be ready by 2020, AP reports
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05:16 EDTHMCRaytheon secures contract with Honda in Europe
Raytheon Professional Services GmbH, or RPS, a subsidiary of Raytheon (RTN), has signed a long-term contract with Honda Motor Europe Limited (HMC) for the outsourcing of all development of their Pan-European dealer training, as well as domestic training delivery operations in the UK and Germany. As part of the contract, RPS will manage Pan-European curriculum content development, product launch training and Learning Management System administration and support. RPS' training services will cover Honda's complete product range including Cars, Motorcycles and Power Products, and will extend to all sales, aftersales, technical, and management personnel. The contract also includes the outsourcing and management of Honda's accredited apprenticeship program, across the whole product range, in the UK. Students will be able to achieve either an Intermediate or Advanced apprenticeship through the program.
May 17, 2015
16:18 EDTHMC, TM, NSANYJapanese carmakers delay Takata restructuring until post-recall, Reuters says
Japanese automakers including Honda (HMC), Nissan (NSANY), and Toyota (TM) are delaying pressure for a restructuring at Takata (TKTDY) until the company ships out a healthy supply of replacement parts, reports Reuters, citing Masaki Higurashi, deputy director of the Japanese trade ministry's auto division. "After all the replacement parts are supplied, the automakers have to decide whether to let Takata stay on as it is... I think the automakers are starting to think about that," added Higurashi. Reuters notes that Takata and the carmakers disagree on whether the most recent round of airbag recalls are necessary, and as a result have not reached an agreement on costs. Reference Link
May 15, 2015
16:51 EDTGMGreenlight Capital gives quarterly update on stakes
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16:28 EDTGMAppaloosa Management gives quarterly update on stakes
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06:59 EDTHMCLatest Honda airbag recall could impact Japan sales, Reuters says
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06:29 EDTHMCHonda's India unit to recall 11,381 vehicles, Reuters reports
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May 14, 2015
11:43 EDTGMU.S. appeals court dismisses UAW retiree benefit suit, Reuters reports
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10:27 EDTFDTE Energy partners with Domino's Farms and Ford to build solar arrays
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09:03 EDTGMGeneral Motors to invest $1B in Warren Technical Center campus
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08:54 EDTFFord says 'poised for breakthrough' year in 2015
Comment made during Ford's annual shareholder meeting.
05:56 EDTHMCHonda recalls another 4.89M vehicles due to faulty airbags, Financial Times says
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May 13, 2015
14:11 EDTTMToyota-Mazda partnership to focus on engineering over capital, Nikkei says
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08:11 EDTGM, TMGeneral Motors and Toyota implement Microchip's infotainment networking devices
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06:09 EDTNSANY, TMToyota and Nissan recall 6.56M vehicles over Takata air bags, WSJ reports
Toyota (TM) and Nissan (NSANY) issued recalls for 6.56M vehicles worldwide over problems with Takata air bags, reports the Wall Street Journal. The companies cited new findings about the risk of moisture seeping inside the devices. The recalls come in addition to 25M vehicles already recalled due to the Takata air bags. Reference Link
May 12, 2015
19:31 EDTGMGM recalls 522,000 Malibu, Colorado, Canyon models, Auto News says
General Motors is recalling roughly 53,000 2015 Chevrolet Colorado and GMC Canyon pickup trucks due to faulty seat frame hooks, as well as 469,000 2011-2012 Chevrolet Malibus with weak seat belt cables, reports Automotive News, citing an emailed statement from the company. GM said it is aware of 36 claims and one minor injury related to the Malibu seat belt defect, though no accidents or fatalities have been reported. Reference Link
17:10 EDTGMGeneral Motors halts Brazilian factory over shipping troubles, Reuters says
GM has halted production at a factory in southern Brazil after transportation firms Tegma and Transzero stopped shipping cars from the plant, reports Reuters, citing company statements. Reference Link
08:24 EDTHYMLFSUVs made by Fiat Chrysler, Hyundai score low in IIHS crash test, USA Today says
Three midsize crossover SUVs made by Fiat Chrysler (FCAU) and one from Hyundai Motor Company (HYMLF) scored low in the Insurance Institute for Highway Safety's crash test, reports USA Today. Specifically, The Dodge Journey received a "poor" overall score, while the Dodge Durango, Jeep Cherokee, and Hyundai Santa Fe received "marginal" overall scores, the paper adds. Reference Link
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