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Stock Market & Financial Investment News

News Breaks
January 26, 2013
14:14 EDTNSANYNissan transfers medium and heavy-duty commercial vehicle unit to DFG
Nissan Motor (NSANY) agreed to the transfer of Dongfeng Motor medium and heavy commercial vehicle business unit, and relevant subsidiaries and affiliates, to Dongfeng Motor Group, DFG. Dongfeng Motor, DFL, is Nissan's joint venture in China with the Dongfeng Motor Group. The actual transaction will be implemented after the approval of the Chinese government. Upon reaching the milestone of a decade in business since its foundation, DFL has decided to spin-off its commercial vehicle section and concentrate its management resources on development of its passenger and light commercial vehicle businesses. Nissan will aim to further enhance DFL's core business through more efficient use of Nissan's resources with a focus on passenger and light commercial vehicles.
News For NSANY From The Last 14 Days
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May 20, 2015
06:00 EDTNSANYTakata to widen airbag recall to nearly 34M, enters Consent Order
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May 19, 2015
13:20 EDTNSANYTakata expected to recall 33.8M vehicles, Detroit News reports
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May 18, 2015
12:33 EDTNSANYMarathon Patent unit enters into settlement agreement with Jaguar Land Rover
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09:54 EDTNSANYNHTSA looks to accelerate V2V rollout by automakers, Motor Authority says
Automakers have been notified that initial proposals for the implementation of vehicle-to-vehicle technology will be outlined by before January 1, 2016, which would be a full year ahead of schedule, according to Motor Authority. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Mobileye (MBLY) makes chips utilized in advanced driver assistance systems. Reference Link
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 EDTNSANYStudy 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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May 17, 2015
16:18 EDTNSANYJapanese 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 13, 2015
06:09 EDTNSANYToyota 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

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