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Stock Market & Financial Investment News

News Breaks
June 25, 2014
06:43 EDTTM, HMC, HYGSJapanese premier wants to promote fuel cell vehicles, Reuters says
Japan's prime minister yesterday called for subsidies and tax breaks for consumers who buy vehicles powered by hydrogen fuel cells, along with other steps designed to promote the technology, according to Reuters. The request came as Toyota (TM) and Honda Motor (HMC) plan to start selling vehicles powered by hydrogen fuel cells next year, the news service stated. Hydrogenics Corporation (HYGS) develops fuel cell products for transportation. Reference Link J
News For TM;HMC;HYGS From The Last 14 Days
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October 24, 2014
06:29 EDTTM, HMCHonda Mobilio zeros in on Toyota's domain in Indonesia, Reuters says
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October 23, 2014
13:11 EDTTMToyota sold Tesla shares, partnership ties reduced, Nikkei says
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07:58 EDTTM, HMCAutomakers under increased scrutiny after wide ranging air bag recall, WSJ says
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06:58 EDTHMCHonda volatility elevated into Q2 and outlook
Honda November call option implied volatility is at 31, December is at 24, January is at 23; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on October 28.
06:37 EDTHMCHonda president, 12 execs take wage reduction after Fit recall, Reuters says
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October 22, 2014
11:33 EDTTMToyota exec aims to keep Takata despite airbag defect, Reuters says
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06:24 EDTHMC, TMNHTSA says over 6M cars involved in Takata airbag recalls
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October 20, 2014
10:32 EDTTMToyota recalls 247K vehicles equipped with faulty Takata air bags
Toyota Motor Sales, U.S.A. announced plans to conduct a supplemental safety recall of approximately 247,000 Toyota Corolla, Matrix, Sequoia, Tundra and Lexus SC vehicles produced from 2001 to 2004 and equipped with front passenger airbag inflators supplied by Takata Corporation. This action intensifies Toyota’s efforts to reach customers and remedy previously recalled vehicles, and a small number of newly included vehicles, in certain geographic areas that appear to warrant immediate action, based on testing by the supplier. Reference Link
October 16, 2014
06:34 EDTTM, HMCChina to punish automakers that miss fuel standards, Reuters reports
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October 15, 2014
06:54 EDTTMWatchdog says Toyota JV issued recall for over 93K vehicles, Reuters says
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06:44 EDTTMToyota issues recall for 1.67M cars due to brake defect, Reuters says
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October 14, 2014
18:12 EDTTMToyota to manufacture SUVs in Turkey starting in 2016, Nikkei reports
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05:34 EDTTMToyota reports September global hybrid sales surpassed 7M unit mark
Toyota announced global hybrid sales surpassed the 7M unit mark in September. Toyota achieved this latest million-unit hybrid milestone at the record pace of nine months. Including hybrid vehicles launched this year, Toyota will introduce at total of 15 new hybrids globally through 2015. Hybrids launched this year comprise the Lexus Voxy Hybrid and Noah Hybrid in Japan only, and the Lexus NX 300h. This month Toyota will introduce the Lexus RC 300h. Toyota plans to continue expanding its hybrid lineup and increase the number of countries and regions where it sells hybrid vehicles.
October 13, 2014
10:20 EDTHMCHonda to recall 43,000 Acuras in US to fix seat belts, Reuters reports
Honda is recalling 43,000 Acura luxury models in the United States to fix faulty seat belts, reports Reuters. Honda said the 2014-2015 models may have seat belts that do not release from the retracted position in very low temperatures. No reports of accidents or injuries related to the issue. Reference Link
06:44 EDTTM, HMCRegulators seeking banks' auto loan data, Reuters reports
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