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Stock Market & Financial Investment News

News Breaks
February 21, 2014
06:07 EDTNSANYNissan, Bhutan partner on electric cars
Nissan has pledged its support for the Kingdom of Bhutan's transition to an electric vehicle fleet. Nissan has entered into an agreement with the Royal Government of Bhutan with the shared goal of achieving the nation's eco-friendly vision for the future. The agreement follows talks between the Prime Minister of Bhutan Tshering Tobgay and Nissan CEO Carlos Ghosn in Thimphu last year. As a first step in the cooperation Nissan will deliver Nissan LEAFs for use in the government fleet, and as taxis, as well as demonstration units for the national rollout of EVs. Quick chargers will also be supplied to implement the government's plan for infrastructure covering the entire Himalayan nation. Feasibility studies for further technical cooperation are included in the details of the agreements.
News For NSANY From The Last 14 Days
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July 29, 2014
06:37 EDTNSANYNissan anticipates Takata to compensate all recall-related costs, Reuters says
Nissan's corporate vice president Joji Tagawa said that he expects Takata to compensate the car manufacturer for all expenses having to do with the recent air bag recall, according to Reuters, citing comments from Tagawa. Tagawa did not say the exact costs linked to the recall. Reference Link
July 28, 2014
05:56 EDTNSANYNissan reaffirms FY14 net income outlook $4.05B
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05:55 EDTNSANYNissan reports Q1 net income up 37% to $1.10B
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July 27, 2014
19:00 EDTNSANYNissan recalls additional vehicles over airbag, WSJ says
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July 21, 2014
11:57 EDTNSANYChinese electric vehicle maker Kandi surges after tax break news
Shares of Chinese electric car maker Kandi Technologies (KNDI) are surging after a Chinese newspaper reported that electric cars made outside of China would not qualify for a key tax break in the country. WHAT'S NEW: A key sales tax will not be waived on purchases of electric cars made outside of China, said Su Bo, China's vice-minister of the Industry and Information Technology Ministry, according to China Daily. Buyers of electric vehicles made in China will not have to pay a purchase tax from September 1, 2014 until the end of 2017, China Daily stated. WHAT'S NOTABLE: Tesla Motors (TSLA), Nissan (NSANY) and GM (GM) have all sought to sell electric vehicles in China. PRICE ACTION: In late morning trading, Kandi Technologies' stock rose $1.66, or 8.5%, to $21.28. The shares are well off their high for the day of $22.22, but they have surged 80% so far this year. Tesla shares, which had spent some of the morning in slightly negative ground, were up about 1% near $222 per share just before noon.
06:58 EDTNSANYForeign electric cars won't qualify for Chinese tax break, China Daily says
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06:07 EDTNSANYNissan to introduce self-parking cars by 2016, Detroit News reports
Nissan is planning to introduce self-parking cars by 2016, the Detroit News reports. The feature, which will be available along with technology enabling cars to self-navigate congested highway, on a wide range of vehicles, CEO Carlos Ghosn says. Reference Link
July 18, 2014
15:23 EDTNSANYJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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