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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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April 15, 2014
18:11 EDTNSANYMajor Japanese automakers target 30% production increase in Asia, Nikkei says
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08:12 EDTNSANYBofA/Merrill to hold a summit
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April 11, 2014
07:31 EDTNSANYChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
April 9, 2014
06:40 EDTNSANYCar sales rose 9% last month in China, China Daily says
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April 7, 2014
06:20 EDTNSANYGhosn says Nissan-Renault committed to Russian venture, WSJ reports
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April 2, 2014
18:27 EDTNSANYHonda reports dip in March China sales while Nissan's surge, Nikkei says
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07:44 EDTNSANYChina mulls more electric car incentives, Bloomberg says
China may exempt electric-car buyers from paying purchase taxes as part of expanded state measures to boost sales of such cars after past incentives failed to spark demand, according to Bloomberg, citing comments from Vice Premier Ma Kai. Companies that make electric vehicles include GM (GM), Honda (HMC), Nissan (NSANY) and Tesla (TSLA). Reference Link

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