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Stock Market & Financial Investment News

News Breaks
April 9, 2014
05:57 EDTTMToyota announces recall of over 6M vehicles worldwide
Toyota Motor announced five recalls involving 27 Toyota models, the Pontiac Vibe and the Subaru Trezia for 6.76M vehicles. Since a few models are involved in more than one recall, the total number of vehicles that will be remedied is 6.39M, the car maker said. Toyota added that it is "not aware of any crashes, injuries or fatalities caused by these conditions." 1. Approximately 3.5M vehicles involving 17 Toyota models and the Pontiac Vibe are being recalled to replace the spiral cable assembly that is attached to the driverís side airbag module. Approximately 2.32M vehicles involving eight Toyota models are being recalled to inspect the driver's side seat rails and the passenger's side seat rails of three-door models. Approximately 760,000 vehicles involving certain Toyota Ist, Ractis, and Yaris models with tilt/telescopic steering adjustment are being recalled to inspect the steering column bracket. Approximately 160,000 Toyota Ractis vehicles in Japan only are being recalled to replace the windshield wiper motors. Approximately 20,000 vehicles involving six Toyota models and the Subaru Trezia in Japan and Hong Kong only are being recalled to replace both engine starter relays and the engine starter motor.
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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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August 19, 2015
09:40 EDTTMToyota downgraded to Neutral from Overweight at JPMorgan
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