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Stock Market & Financial Investment News

News Breaks
August 7, 2014
06:49 EDTTM, NSANY, HMCFitch: Major Japanese car makers gained market share in China, Xinhua says
Japanese automakers have regained some of the market share in China that they lost in 2012, when a dispute between Japan and China over a group of islands became well-publicized, ratings agency Fitch said Tuesday, according to Xinhua. Toyota (TM), Honda (HMC) and Nissan (NSANY) are poised to see their sales rise significantly in China in the second half of this year, the news service quoted the ratings agency as saying. Reference Link
News For TM;HMC;NSANY From The Last 14 Days
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November 21, 2014
12:12 EDTHMCHonda may secure replacement parts from suppliers other than Takata, WSJ says
According to sources, Honda is in talks with several suppliers besides Takata about securing replacement parts for vehicles that have been recalled over defective air bags made by Takata, The Wall Street Journal reports. One source says Honda is close to finding "at least" one other supplier. Reference Link
10:32 EDTTMToyota to recall 422K Lexus models for possible fuel leak, Reuters reports
Toyota is recalling 422.5K Lexus models due to possible fuel leaks that increase the risk of fire, Reuters reports. The models include 2007-2010 Lexus LS, 2006-2011 GS and 2006-2011 IS. Reference Link
08:14 EDTNSANY, HMC, TMHonda warned Takata on airbags years before recalls, WSJ reports
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November 20, 2014
07:57 EDTTM, HMC, NSANYIIHS crash tests results for minivans 'one of the worst', CNBC says
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07:11 EDTTMBofA/Merrill to hold a conference
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November 19, 2014
06:51 EDTNSANY, HMC, TMRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 18, 2014
17:37 EDTTM, NSANY, HMCNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
06:46 EDTTMToyota to sell fuel cell car in Japan in December, Reuters says
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06:00 EDTHMCHonda quietly offers to replace defective air bags, AP reports
Though its latest recall for defective air bag inflators only covers vehicles in 13 states, Honda is quietly offering to repair the inflators across the U.S. for owners concerned about their safety, the Associated Press reports. Honda is not planning to notify customers outside the recall areas, the AP says. Reference Link
November 17, 2014
12:59 EDTTMToyota experimenting with driverless car technology, Nikkei reports
Toyota is working on driverless car technology at its U.S. research centers in a move to develop "self-judging" vehicles that can avoid traffic accidents, the Nikkei reports. Reference Link
November 16, 2014
19:58 EDTTM, HMCJapan's GDP contracts 1.6% in third quarter, WSJ says
Japan's economy has slumped into a recession in the third quarter as a sales tax increase resulted in firms cutting inventory and capital investment, says the Wall Street Journal. According to the Wall Street Journal report, Japan's real GDP in Q3 retreated 1.6% on an annualized basis against a median forecast for a 2.25% expansion. The setback in the country's growth will likely result in Prime Minster Shinzo Abe postponing a second sales tax increase, added the Wall Street Journal. Reference Link
November 13, 2014
06:46 EDTHMCHonda recalls another 170K vehicles over air bag issue, Reuters says
Honda recalled another 170,000 vehicles globally because of defective air bags supplied by Takata, according to Reuters. Meanwhile, the Malaysian driver of a Honda City vehicle was killed by shrapnel from a Takata air bag, becoming the fifth such fatality globally and the first outside the U.S. ,the news service stated. Reference Link
November 12, 2014
06:39 EDTHMCFormer heads of Honda say more focus on quality control needed, Reuters reports
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06:03 EDTTMToyota recalls 361,800 vehicles worldwide, Reuters reports
Toyota is recalling 361,800 vehicles around the world, covering three separate defects, Reuters reports. The recalls include 170,000 Camrys to fix a faulty ball joint, and the automaker is also recalling 105,800 Hiace, Dyna and Regius Ace models mainly in Japan, as well as 86,000 Crown and Crown Majesta models in Japan. Reference Link
November 10, 2014
15:57 EDTTM, NSANYWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
11:16 EDTNSANYNissan to hire 1,000 more workers, Automotive News says
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06:51 EDTHMCHonda to prioritize quality over sales goal, Reuters reports
Honda 's CEO said quality improvements would be more important to the company than its 6M car sales target for the year starting April 2016, according to Reuters. Honda is recalling millions of its cars to repair potentially defective air bags, the news service noted. Reference Link
November 9, 2014
16:24 EDTHMCHonda Accord probed by regulators on power steering issue, Bloomberg says
Honda's Accord is being investigated by U.S. regulators after numerous complaints about power steering failure in 2013 models, says Bloomberg. The National Highway Traffic Safety Administrationís Office of Defect Investigation says that 374,000 vehicles may be affected, added Bloomberg. Reference Link
15:59 EDTNSANYNissan expands recall over potentially faulty air bags, Bloomberg says
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