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Stock Market & Financial Investment News

News Breaks
February 4, 2013
07:11 EDTNSANY, TMFuture of the electric car may be losing power, Reuters reports
Recent moves by Japan's two largest automakers, Toyota (TM) and Nissan (NSANY), suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time, and may never be, reports Reuters.Reference Link
News For TM;NSANY From The Last 14 Days
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April 1, 2015
10:13 EDTTMToyota reports March U.S. sales up 4.9% to 225,959 units
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09:55 EDTNSANYNissan reports March U.S. sales down 2.7% to 145,085 units
Nissan announced total U.S. sales for March of 145,085 units, marking the second-best U.S. sales month in company history. Nissan division sold 132,560 vehicles in March, which was down 3%, while Infiniti division sales grew 0.2% to 12,525 units.
09:02 EDTNSANYNissan reports March U.S. sales down 2.7%, Bloomberg says
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March 30, 2015
12:58 EDTTMToyota launches new vehicles, automated safety features
Toyota will reveal its first-ever RAV4 Hybrid SUV, while Lexus unveils its all-new fourth-generation RX luxury crossover SUV, Toyota stated earlier today. Both debuts will mark the arrival of new, multi-feature, integrated safety packages, each anchored by automated pre-collision braking and offered at a price dramatically below comparable systems across the auto industry, the automaker stated. Toyota Safety Sense and Lexus Safety System+ are designed to support the driver’s awareness, decision making and vehicle operation over a wide range of speeds, Toyota stated. Packaged together in an integrated system, their features help address three key areas of accident protection: preventing or mitigating rear collisions, keeping drivers within their lane, and enhancing road safety during night time driving, according t othe company.
March 27, 2015
06:27 EDTTMToyota unveils new manufacturing process, WSJ says
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March 25, 2015
06:48 EDTNSANYUAW looking to unionize Nissan plant in Mississippi, WSJ says
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March 23, 2015
09:05 EDTTMToyota to partner with I.D. Systems on new VMS
Toyota (TM) Material Handling, U.S.A., and I.D. Systems (IDSY) have executed a strategic partnership agreement to develop and deploy a new wireless industrial Vehicle Management System, or VMS. The new VMS will be marketed through the Toyota Industrial Equipment umbrella in North America under the "T-Matics" brand. The T-Matics products were officially launched to Toyota dealers on March 3.
March 22, 2015
20:02 EDTNSANYNissan airbag recall from last year probed by U.S. regulators, Bloomberg says
U.S regulators are investigating a Nissan airbag related recall from last year that pertained to 989,701 vehicles, says Bloomberg. The Nissan recall was to address software that may incorrectly classify the passenger seat as empty when it is occupied by an adult and thereby result in a failure of the air bag to deploy during a crash, added Bloomberg. According to the Bloomberg report some drivers says the flaw remains after several dealer repairs but according to a Nissan spokesperson, "Nissan Group believes the recall remedy was effective and appropriately addressed the safety defect.” Reference Link
17:42 EDTTMToyota close to approving Mexico plant, Reuters says
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March 20, 2015
09:21 EDTNSANYNissan reorganizes U.S. sales, Chief Customer Officer Spoon to retire
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05:57 EDTNSANYLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link

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