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Stock Market & Financial Investment News

News Breaks
December 28, 2012
17:18 EDTTMHagens Berman: Toyota acceleration settlement receives preliminary approval
A U.S. District Judge granted preliminary approval to a settlement valued at more than $1B between Toyota and an estimated 19M current and former Toyota owners who claim their vehicles contain defects causing sudden, unintended acceleration, according to a release from Hagens Berman, the firm representing Toyota owners in the case. On June 12, 2013, Judge Selna will hold a fairness hearing and will weigh granting the proposed settlement final approval. Consumers who wish to take part in the settlement must submit a claim form by July 29, 2013.
News For TM From The Last 14 Days
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September 1, 2015
14:55 EDTTMAutodata says U.S. auto sales rate comes in at 17.8M SAAR, CNBC reports
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11:17 EDTTMToyota reports August U.S. sales down 8.8% to 224,381 units
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11:08 EDTTMToyota reports August U.S. sales down 8.8%, Bloomberg says
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August 26, 2015
16:26 EDTTMMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link
13:42 EDTTMTrueCar says 'on plan' to hit 17.2M U.S. vehicle forecast for 2015
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13:19 EDTTMTrueCar says daily auto sales pace up 0.9% for August, with 17.4M SAAR
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06:48 EDTTMToyota to restart operations at Tianjin plants Thursday, Reuters reports
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August 25, 2015
06:32 EDTTMToyota tests possible alternatives to Takata air bag inflators, Reuters reports
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August 24, 2015
13:42 EDTTMToyota to halt Prius production in Thailand, Nikkei Asian Review reports
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August 23, 2015
17:32 EDTTMToyota extends Tianjin production shutdown through August 26, Bloomberg says
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August 21, 2015
06:14 EDTTMToyota to purchase air bag inflators from Nippon Kayaku, Reuters reports
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August 20, 2015
06:38 EDTTMToyota to ask parts makers for price cuts, Nikkei reports
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