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Stock Market & Financial Investment News

News Breaks
July 3, 2014
06:08 EDTPCAR, VLKAY, DDAIFVolkswagen denies reports of PACCAR takeover, Dow reports
A spokesman for Volkswagen (VLKAY) said there is "no truth" to reports that the German automaker is planning an acquisition bid for PACCAR (PCAR), Dow Jones reports. The denial follows research reports from Bernstein and ISI Group which quoted Daimler (DDAIY) truck chief Wolfgang Bernhard as saying he has been told that Volkswagen wants to take over Paccar, the report adds. Reference Link
News For PCAR;VLKAY;DDAIF From The Last 14 Days
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October 1, 2014
10:16 EDTVLKAYVolkswagen reports September U.S. sales down 18.6% to 25,996 units
Volkswagen of America reported 25,996 units delivered in September, which was down 18.6% from the same month of last year.
06:35 EDTVLKAYVW testing three potential concepts for new Bugatti, Bloomberg says
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September 26, 2014
08:03 EDTVLKAYVolkswagen recalls 2013 Audi Q7s due to engine valve defect
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September 25, 2014
12:42 EDTVLKAYFord executive sees 2015 U.S. auto sales between 16.8M-17.5M
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September 24, 2014
11:00 EDTDDAIFMercedes, Renault recall over 0.5M cars due to brake defects, Reuters says
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07:10 EDTVLKAYVolkswagen experiencing labor, root problems in Wolfsburg plant, Reuters says
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September 23, 2014
08:24 EDTVLKAYBorgWarner providing friction technology for Volkswagen's DQ 400e transmission
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September 22, 2014
06:36 EDTVLKAYVolkswagen aims for increased margins with China-only car, Reuters says
Volkswagen (VLKAY) is poised to initiate a new luxury sedan intended only for its consumers in China next year in an effort to increase its margins, according to Reuters, citing two people with knowledge of the plan. The launch could position the automaker to be in a direct rivalry with its Audi (AUDVF) brand. Reference Link
September 18, 2014
14:00 EDTDDAIFMercedes-Benz receives autonomous vehicle license from California
On 16 September 2014 the US federal state of California introduced a legal requirement for an official license for testing vehicles in autonomous driving mode on public roads. On "Senate Bill No. 1298" taking effect, Daimler's Mercedes-Benz received a corresponding license permitting it to test vehicles in autonomous driving mode in daily traffic on California's roads. Reference Link
13:37 EDTDDAIFDaimler anticipates sales to exceed 2.4M cars this year, WSJ says
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10:05 EDTPCARPACCAR management to meet with Piper Jaffray
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06:35 EDTVLKAYUAW plans to again negotiate for Volkswagen plant workers in Tennessee, WSJ says
The United Auto Workers union plays to again negotiate for some manufacturing workers at Volkswagen's (VLKAY) Tennessee auto assembly although it was rejected in a February organizing vote, reports the Wall Street Journal. The labor union said roughly 750 workers have joined the recently formed union local in Chattanooga, Tennessee. Reference Link
September 17, 2014
07:37 EDTVLKAYEU car registrations up 2.1% in August, up 5.6% in July
The European Automobile Manufacturers Association reported new passenger car registrations were up by 5.6% in July and by 2.1% in August. Eight months into the year, demand for new cars amounted to 8,336,159 units, or 6.0% more than in the same period last year, the group noted. Publicly traded automakers include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).

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