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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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February 2, 2016
14:11 EDTNSANYAutodata estimates January U.S. auto sales pace at 17.58M, CNBC reports
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09:07 EDTNSANYNissan reports January U.S. sales up 1.6% to 105,734 units
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09:04 EDTNSANYNissan reports January U.S. sales up 1.6%, Bloomberg says
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07:09 EDTNSANYTrueCar projects U.S. revenue from new vehicle sales reached $38B in January
TrueCar projects U.S. revenue from new vehicle sales reached a record high for the month of January of $38 billion, up 1.4 percent from a year ago. January marked the auto industry's 25th consecutive month of year over year revenue expansion. Higher average transaction prices helped automakers post a $520 million gain in revenue versus January 2015, despite a likely increase in incentive spending and somewhat lower sales compared with a year ago. As previously announced, TrueCar projects sales of new cars and light trucks contracted 0.3 percent last month. Publicly traded companies in the space include Daimler AG (DDAIF), Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).
February 1, 2016
18:46 EDTNSANYAutomakers hit with additional costs due to China regulatory shift, Reuters says
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January 29, 2016
09:43 EDTNSANYNissan recalls 846K Altimas due to faulty hood latch
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January 28, 2016
10:28 EDTNSANYTakata CEO plans to resign, WSJ reports
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