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Stock Market & Financial Investment News

News Breaks
June 25, 2014
06:43 EDTHYGS, HMC, TMJapanese 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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July 1, 2015
06:47 EDTTM, HMCToyota, Nissan, Honda pushing more fuel cell vehicles on roads, AP reports
Toyota (TM), Nissan (NSANY), and Honda (HMC) are collaborating to get more fuel cell vehicles on roads in what they call Japan’s push towards “a hydrogen society,” the Associated Press reports. The companies pledged up to $90,000 per hydrogen station per year, including building and maintenance, the report says. Reference Link
05:31 EDTTMToyota announces resignation of Managing Officer Julie Hamp
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June 29, 2015
14:57 EDTTM, HMCTakata asks carmakers to delay price cut requests, Nikkei says
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June 26, 2015
07:11 EDTHMCHonda restates earnings to adjust for airbag recall, Reuters reports
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June 25, 2015
18:52 EDTHMCAcura to recall 106,000 SUVs due to faulty air conditioner bolt
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10:01 EDTTM, HMCTrueCar Tprjects retail auto sales to consumers up 7.9% in June
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07:01 EDTTMToyota, Nissan expanding air bag recalls worldwide, Reuters reports
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06:49 EDTHMCSouth Korea orders recall of 24,808 vehicles with Takata air bags, Reuters says
South Korea's transport ministry stated that it ordered Honda (HMC), Fiat Chrysler (FCAU), Ford (F), and Renault to recall 24,808 vehicles that could contain faulty airbags manufactured by Takata (TKTDY), reports Reuters. Reference Link
June 24, 2015
17:57 EDTTM, HMCWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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June 23, 2015
10:57 EDTTMReport: Toyota offices raided by police, Globe and Mail says
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07:53 EDTHMCSenate Commerce, Science & Transportation Committee to hold a hearing
The Committee holds a hearing entitled, "Update on the Recalls of Defective Takata Air Bags and NHTSA’s Vehicle Safety Efforts" with Executive Vice President of Takata, Kevin Kennedy, Sr Vice President of Fiat Chrysler, Scott Kunselman and Executive Vice President of Honda, Rick Schostek on June 23 at 10 am. Webcast Link
June 22, 2015
06:35 EDTHMCHonda says links eighth death to Takata airbags, Reuters reports
Honda (HMC) has confirmed that a September 2014 death of a Los Angeles, California, women, has been connected to the rupture of a Takata (TKTDY) airbag inflator, Reuters reported on Friday. This death is the eighth related to the defective airbags. Reference Link
06:08 EDTTMGeneral Motors to add over 243,000 hatcbacks to air bag recall, AP reports
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June 19, 2015
10:50 EDTTM, HMCEPA proposes new rules for medium- and heavy-duty truck emissions
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06:04 EDTTMToyota CEO to stand by arrested US executive Julie Hamp, Financial Times says
Toyota CEO Akio Toyoda apologized for the arrest of the company's first female western senior executive although it vowed to stand by her for now, reports the Financial Times. Toyoda commented, "Julie Hamp is an invaluable colleague... What I can do now is to believe in my colleague and co-operate fully with the investigation." Hamp was arrested on suspicion of illegally importing a prescription drug from the U.S. Reference Link
June 17, 2015
13:05 EDTTM, HMCJ.D. Power: Japanese auto brands struggle to keep up with pace of improvement
With a significant year-over-year improvement, Korean brands continue to widen the quality gap with other automakers, while Japanese makes collectively fall below industry average for the first time in 29 years, according to the J.D. Power 2015 U.S. Initial Quality StudySM released today. Korean brands lead the industry in initial quality by the widest margin ever, averaging 90 PP100, which is an 11 PP100 improvement from 2014. For the first time in the study, European brands surpass Japanese brands, while domestic makes equal the Japanese for only a second time. Porsche (POAHY) ranks highest in initial quality for a third consecutive year, posting a score of 80 PP100. With a 20 PP100 improvement from 2014, Kia follows Porsche in the rankings at 86 PP100. This marks the first time in the history of the study that Kia has led all non-premium makes in initial quality. Jaguar (TTM), Hyundai (HYMLF) and Infiniti (NSANY) round out the top five nameplates. Infiniti is one of the most improved brands in the study, lowering its problem score by 31 PP100 from 2014. Reference Link

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