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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
News For NSANY From The Last 14 Days
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April 1, 2015
09:55 EDTNSANYNissan reports March U.S. sales down 2.7% to 145,085 units
Nissan announced total U.S. sales for March of 145,085 units, marking the second-best U.S. sales month in company history. Nissan division sold 132,560 vehicles in March, which was down 3%, while Infiniti division sales grew 0.2% to 12,525 units.
09:02 EDTNSANYNissan reports March U.S. sales down 2.7%, Bloomberg says
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March 25, 2015
06:48 EDTNSANYUAW looking to unionize Nissan plant in Mississippi, WSJ says
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March 22, 2015
20:02 EDTNSANYNissan airbag recall from last year probed by U.S. regulators, Bloomberg says
U.S regulators are investigating a Nissan airbag related recall from last year that pertained to 989,701 vehicles, says Bloomberg. The Nissan recall was to address software that may incorrectly classify the passenger seat as empty when it is occupied by an adult and thereby result in a failure of the air bag to deploy during a crash, added Bloomberg. According to the Bloomberg report some drivers says the flaw remains after several dealer repairs but according to a Nissan spokesperson, "Nissan Group believes the recall remedy was effective and appropriately addressed the safety defect. Reference Link
March 20, 2015
09:21 EDTNSANYNissan reorganizes U.S. sales, Chief Customer Officer Spoon to retire
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05:57 EDTNSANYLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link

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