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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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July 18, 2014
18:21 EDTTMToyota to launch pricier compact in India, Nikkei reports
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15:23 EDTTMJapan to provide generous subsidies for fuel cell vehicles, Nikkei says
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July 15, 2014
06:27 EDTTMAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
07:55 EDTTMToyota halts production at South African plant, Bloomberg reports
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06:08 EDTTMABI Research: Over 24M cars to be fitted with Apple CarPlay, DigiTimes says
ABI Research said that over 24M cars will be fitted with Apple (AAPL) CarPlay in 2019, reports DigiTimes. ABI Reserch said that the uptake in MirrorLink will also be fairly significant, but predicts more cars will be fitted with CarPlay. It cites several car makers to have the capabilities, including Ford (F), BMW, Audi, Mercedes, Jaguar/Land Rover, Toyota (TM), Nissan (NSANY), and Volvo (VOLVY). Reference Link
July 10, 2014
14:01 EDTTMToyota selects KDC to develop new North American headquaters
Toyota announced that it has selected Dallas-based KDC Real Estate Development & Investments, one of America's leading commercial real estate development and investment firms, to develop its new North American headquarters campus in the Legacy West development in Plano, Texas. Toyota recently finalized the purchase of its new headquarters site and expects to begin occupying the campus in late 2016 or early 2017. Once completed, the headquarters will be home to about 4,000 Toyota employees.

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