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Stock Market & Financial Investment News

News Breaks
April 25, 2014
06:05 EDTNSANYNissan testing car that can keep itself clean, Detroit News reports
According to the Detroit News, Nissan is testing a self-cleaning car. The automaker says paint for the car, which will be tested on the European version of the Note, will repel rain, standing water, frost and sleet. Reference Link
News For NSANY From The Last 14 Days
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September 10, 2014
09:17 EDTNSANYChina mulls easing car dealer restrictions, Bloomberg says
China's Ministry of Commerce is considering whether to ease rules on car dealers and allow them to sell vehicles from multiple brands in the same store, according to Bloomberg, citing people familiar with the matter. Note that both Bitauto (BITA) and Autohome (ATHM), which operate automobile buyer focused websites in China, were down significantly during yesterday's trading, though it is unclear if the reported new regulations play a role in their share weakness. Publicly traded carmakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
06:29 EDTNSANYNissan names BMW's Kruger as head of Infiniti
Roland Krüger, most recently a senior vice president at BMW Group in charge of the German sales region and with an accomplished track record in the premium automotive business, will be appointed president of Infiniti and a senior vice president of the Nissan Motor Co., Ltd., the parent company of the premium brand. Kruger will be based at the company's Hong Kong headquarters and will report to Carlos Ghosn, President and CEO of Nissan Motor Co., Ltd.
September 8, 2014
13:04 EDTNSANYAugust vehicle sales drop in Russia, WSJ says
The Association of European Businesses said that the sales of new vehicles in August throughout Russia have dropped at the quickest rate so far in 2014, according to The Wall Street Journal, citing a statement from chairman of the AEB Automobile Manufacturers Committee Joerg Schreiber. Industry officials are anticipating sales in the country for 2014 to decrease another 20% after a 5% decline last year. Publicly traded companies in the automobile industry include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
September 4, 2014
07:14 EDTNSANYElectric cars share of total U.S. market stalled, LA Times reports
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06:43 EDTNSANYNissan issues recall for 55K cars due to engine starter defect, Reuters says
Nissan issued a recall for over 55K cars throughout Japan regarding a defect in the gasoline engine starter motor, according to Reuters, citing comments from company spokesman Chris Keeffe. Keeffe noted that no accidents have occurred due to the faulty motor. Reference Link
September 3, 2014
09:23 EDTNSANYNissan reports August U.S. sales up 11.5% to 134,388 units
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08:38 EDTNSANYNissan reports August U.S. sales up 11.5%, Bloomberg says

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