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Stock Market & Financial Investment News

News Breaks
May 16, 2014
06:24 EDTNSANYNissan issues voluntary service campaign for Juke crossovers, LA Times says
Nissan is issuing a voluntary service campaign for more than 104,000 Juke crossovers to fix an issue with the engine timing chain, reports the Los Angeles Times. The automaker said the timing chain needs to be replaced as well as the guide and crank sprocket. No accidents or injuries have been reported as a result of defective timing chains. Reference Link
News For NSANY From The Last 14 Days
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September 3, 2015
13:03 EDTNSANYDaimler and Renault-Nissan break ground for new JV plant in Mexico
Daimler (DDAIF) and the Renault-Nissan (NSANY) alliance broke ground for their joint-venture manufacturing complex, COMPAS in Aguascalientes in central Mexico, which will build next-generation premium compact vehicles for the brands Mercedes-Benz and Infiniti. The partners will invest a total of $1Bin the joint venture which will oversee the construction and operation of the state-of-the-art manufacturing plant. COMPAS will have an initial annual production capacity of more than 230,000 vehicles and will create about 3,600 direct jobs by 2020. Depending on the market development and customer demand, there will be the potential to add additional capacity. Production of Infiniti vehicles will begin in 2017, while the first Mercedes-Benz vehicles will roll off the line in 2018. In addition to the direct employment it provides, COMPAS is also expected to generate some 12,000 indirect jobs - largely due to a high localization rate which will significantly increase the Mexican supply base.
06:14 EDTNSANYNissan plans GBP100M investment into Sunderland plant, Telegraph reports
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September 1, 2015
14:55 EDTNSANYAutodata says U.S. auto sales rate comes in at 17.8M SAAR, CNBC reports
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10:33 EDTNSANYNissan reports August U.S. sales down 0.8% to 133,351 units
August 26, 2015
16:26 EDTNSANYMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTNSANYTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTNSANYTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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August 20, 2015
10:32 EDTNSANYRenault-Nissan to cut nearly 1,000 jobs at plant in Chennai, Times of India says
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10:00 EDTNSANYOn The Fly: Analyst Upgrade Summary
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06:53 EDTNSANYNissan upgraded to Overweight from Neutral at JPMorgan (yesterday)
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