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Stock Market & Financial Investment News

News Breaks
December 18, 2012
07:38 EDTNSANYNissan to expand Infiniti product line, Reuters reports
Nissan's (NSANY) Infiniti division sees the global premium car market growing 8% next year based on strong U.S. demand, while western European sales are expected to continue to be flat, reports Reuters. The company plans to make Infiniti a major global premium brand with production in Europe and China, and an increased range of models and engines. Infiniti is simplifying its vehicle names beginning with the 2014 models as future and existing Infiniti cars will carry the prefix "Q" followed by a number reflecting its size. Crossover and SUV names will begin "QX". A new mid-sized Q50 will replace the G sedan. Reference Link
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August 26, 2015
16:26 EDTNSANYMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTNSANYTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTNSANYTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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August 20, 2015
10:32 EDTNSANYRenault-Nissan to cut nearly 1,000 jobs at plant in Chennai, Times of India says
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10:00 EDTNSANYOn The Fly: Analyst Upgrade Summary
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06:53 EDTNSANYNissan upgraded to Overweight from Neutral at JPMorgan (yesterday)
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