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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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December 15, 2014
13:16 EDTNSANYUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).Reference Link
06:55 EDTNSANYTakata tightening restrictions on suppliers, Reuters reports
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December 11, 2014
15:56 EDTNSANYAutomaker lending arms probed by NYDFS, NY Post reports
The New York Department of Financial Services has subpoenaed the financing arms of Ford (F), Honda (HMC), Hyundai, Nissan (NSANY) and Volkswagen (VLKAY), as well as Banco Santander (SAN) and TD Bank (TD), said the New York Post, citing a source familiar with the investigation. Reference Link
06:30 EDTNSANYNissan recalling 1520,000 cars globally using Takata air bags, Reuters reports
Nissan (NSANY) is recalling 152,000 vehicles around the world that use Takata's (TKTDY) passenger site air bags, Reuters reports. The cars are being recalled after an "unusual deployment" of a Takata air bag in Japan, which also led to recalls by Toyota (TM). Reference Link
December 9, 2014
09:47 EDTNSANYNissan recalling 470,000 cars and SUVs due to fuel leak issue, AP reports
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December 8, 2014
11:10 EDTNSANYVolkswagen sees challenging developments continuing for rest of year
Volkswagen (VLKAY) said, “The challenging developments on markets worldwide – above all in Eastern Europe and South America – will continue for the remainder of this year. The Volkswagen Passenger Cars brand handled these challenges successfully during the course of the year, but was not entirely immune to their impact.” Other publicly traded companies in the passenger automotive space include Fiat Chrysler (FCAU), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), and Toyota (TM).

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