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Stock Market & Financial Investment News

News Breaks
March 4, 2014
08:19 EDTNSANYNissan expects sales growth in China to slow, WSJ reports
Nissan Motor says it see slowing sales growth in China in 2014, as it faces weak demand for commercial vehicles and increased competition, reports the Wall Street Journal. The car maker expects to sell over 1.4M vehicles this year, a 10% increase over 2013. Reference Link
News For NSANY From The Last 14 Days
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March 25, 2015
06:48 EDTNSANYUAW looking to unionize Nissan plant in Mississippi, WSJ says
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March 22, 2015
20:02 EDTNSANYNissan airbag recall from last year probed by U.S. regulators, Bloomberg says
U.S regulators are investigating a Nissan airbag related recall from last year that pertained to 989,701 vehicles, says Bloomberg. The Nissan recall was to address software that may incorrectly classify the passenger seat as empty when it is occupied by an adult and thereby result in a failure of the air bag to deploy during a crash, added Bloomberg. According to the Bloomberg report some drivers says the flaw remains after several dealer repairs but according to a Nissan spokesperson, "Nissan Group believes the recall remedy was effective and appropriately addressed the safety defect. Reference Link
March 20, 2015
09:21 EDTNSANYNissan reorganizes U.S. sales, Chief Customer Officer Spoon to retire
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05:57 EDTNSANYLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link

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