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Stock Market & Financial Investment News

News Breaks
July 28, 2014
06:04 EDTTMNHTSA closes Toyota Prius defect petition review
On January 3, 2013, NHTSA received a letter from Ms. Jessie A. Powell petitioning the agency to investigate drivability and braking concerns in the subject vehicle. The petitioner identified complaints of poor braking performance and low brake pedal received by NHTSA concerning Prius models. Broader review of the consumer complaints reported for all variants of the subject vehicle showed no indication that either the reported jolting sensation or the brake performance concerns reported are occurring in this vehicle population at a level that would require investigative action by NHTSA. In the Agency's view, additional investigation is unlikely to result in a finding that a defect related to motor vehicle safety exists in the subject vehicles. Therefore, given the need to allocate and prioritize NHTSA limited resources to best accomplish the Agency's safety mission, the petition is denied. This action does not constitute a finding by NHTSA that a safety-related defect does not exist. The Agency will take further action if warranted by future circumstances. Reference Link
News For TM From The Last 14 Days
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February 26, 2015
10:39 EDTTMOrbital ATK selected by 10 automakers to investigate Takata airbags
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February 25, 2015
06:33 EDTTMToyota says union salary demands 'impossible,' Reuters reports
Toyota said today that it would not be able to meet union demands for a $112 increase in monthly pay, according to Reuters. The statement came at the end of the first day of the company's talks with worker representatives, the news service stated. Reference Link
February 24, 2015
13:13 EDTTMTesla Model S named 'best overall' by Consumer Reports
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February 18, 2015
06:38 EDTTMCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
February 17, 2015
13:02 EDTTMToyota announces recall of 230 Yaris hatchbacks, 20 Tacomas
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