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Stock Market & Financial Investment News

News Breaks
January 2, 2013
14:49 EDTPEUGY, FIATY, VLKAY, GM, FNew car registrations in Spain, France continue to slump, WSJ says
New car registrations continued to decline in France and Spain as slowing auto demand continued into December, says the Wall Street Journal. Reference Link
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June 20, 2013
07:11 EDTFFord CEO Mulally: Japan's a currency manipulator, Bloomberg reports
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06:05 EDTFIATYJudge in Fiat case seen holding up Chrysler purchase, Bloomberg reports
A year ago Fiat asked Delaware Chancery Court Judge Donald Parsons to rule that a call-option agreement covering some shares held by a United Auto Workers’ retiree health-care trust are worth $139.7M. The trust puts the value as high as $342M, reports Bloomberg. The judge is likely to call for a trial, where witnesses and experts can be questioned and cross-examined, before placing a value on the shares, adding months to a process Fiat CEO Marchionne had estimated would be completed by the end of September. Reference Link
06:04 EDTFOn the Fly: Periodicals Wrap-Up
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June 19, 2013
13:30 EDTGMGeneral Motors ranks atop new vehicle survey, Automotive News says
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07:23 EDTGMGM to expand Cadillac retail network in China, Reuters reports
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June 18, 2013
14:17 EDTFIATYChrysler, NHTSA resolve recall request
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10:54 EDTFIATY, F, VLKAY, PEUGYEuropean auto sales decline to 20 year low, Reuters says
European car sales decreased in May to their lowest level for the month in 20 years, says Reuters. Data from the Association of European Carmakers showed Germany, France and Italy, suffered almost double-digit percentage declines in May, Reuters added. Reference Link
07:13 EDTPEUGY, GMEuropean car sales at 20 year low, Bloomberg reports
European car sales fell to a two decade low in May as rising joblessness caused by a recession in the euro region reduced demand at Peugeot (PEUGY), Renault and GM (GM), reports Bloomberg.Reference Link
06:01 EDTGM, PEUGYOn the Fly: Periodicals Wrap-Up
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June 17, 2013
14:05 EDTGMGM may benefit from lease expirations this year, Automotive News says
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11:10 EDTGMSierra Wireless is likely beneficiary General Motors vehicle connectivity, says Avondale
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08:06 EDTVLKAYQatar Holding sells 10% Porsche voting stake back to families, FT reports
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07:31 EDTFFord: 40% of sales from Asia Pacific in 4 - 5 years, Reuters reports
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07:28 EDTFFord expects to export more vehicles from India, Reuters reports
Ford CEO Alan Mulally said he expects to see more of the company's vehicles exported from India, as the company looks to build more vehicles using global platforms to lower costs and speed up product development, reports Reuters.Reference Link
06:07 EDTGMStates push automakers to sell no-emission cars, Bloomberg reports
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05:43 EDTFFord's MyTouch adds knobs and buttons, WSJ reports
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June 15, 2013
16:05 EDTGMGeneral Motors recalling more than 193,652 SUVs on fire risk, AP says
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June 14, 2013
11:57 EDTVLKAYVolkswagen delivers 3.87M vehicles from January to May
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07:15 EDTFIATYFiat, Chrysler nears refinancing deal, Bloomberg reports
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06:20 EDTFFord to host conference call
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