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Stock Market & Financial Investment News

News Breaks
January 28, 2013
08:25 EDTTTMTata Motors to speed up getting products to market, Economic Times reports
Tata Motors (TTM) said it will speed up the time for introduction of new products, reports the Economic Times. "In the past, there has been a significant gap between the introductions of new products to the market. We have recognized that and we will bring that down drastically," said Ranjit Yadav, president of the passenger vehicles business unit. Reference Link
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June 17, 2015
13:05 EDTTTMJ.D. Power: Japanese auto brands struggle to keep up with pace of improvement
With a significant year-over-year improvement, Korean brands continue to widen the quality gap with other automakers, while Japanese makes collectively fall below industry average for the first time in 29 years, according to the J.D. Power 2015 U.S. Initial Quality StudySM released today. Korean brands lead the industry in initial quality by the widest margin ever, averaging 90 PP100, which is an 11 PP100 improvement from 2014. For the first time in the study, European brands surpass Japanese brands, while domestic makes equal the Japanese for only a second time. Porsche (POAHY) ranks highest in initial quality for a third consecutive year, posting a score of 80 PP100. With a 20 PP100 improvement from 2014, Kia follows Porsche in the rankings at 86 PP100. This marks the first time in the history of the study that Kia has led all non-premium makes in initial quality. Jaguar (TTM), Hyundai (HYMLF) and Infiniti (NSANY) round out the top five nameplates. Infiniti is one of the most improved brands in the study, lowering its problem score by 31 PP100 from 2014. Reference Link

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