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News Breaks | | | | March 7, 2013 | | 06:39 EDT |  | VLKAY, FIATY, DDAIF | European auto makers happy about free trade deal talks, NY Times says
European auto companies are very pleased by President Obama's decision to negotiate a free trade pact with the E.U.,according to The New York Times. European auto makers believe that such a deal could not only make it easier for them to sell their cars in the U.S., but also facilitate the sale of automobiles they make in the U.S. in their home markets, the newspaper explained. Reference Link | |
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News For VLKAY;DDAIF;FIATY From The Last 14 Days Check below for free stories on VLKAY;DDAIF;FIATY the last two weeks. |
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| May 22, 2013 | | 11:06 EDT |  | FIATY | Auto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80. | | | May 21, 2013 | | 07:45 EDT | | DDAIF | Mercedes Benz strike ends in South Africa, Reuters reports
 Subscribe for More Information | | | 06:17 EDT | | FIATY | Detroit automakers rebound as style sells, Bloomberg reports
Subscribe for More Information | | | May 20, 2013 | | 06:01 EDT | | VLKAY, DDAIF | Imported car prices in China decline, Bloomberg reports
Subscribe for More Information | | | May 17, 2013 | | 07:39 EDT | | VLKAY, FIATY, DDAIF | EU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link | | | 07:11 EDT | | FIATY | Fiat's potential headquarters move to U.S. concerns Italy, Bloomberg reports
Subscribe for More Information | | | 06:06 EDT | | FIATY | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports. | | | May 16, 2013 | | 05:55 EDT | | FIATY | Pickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link | | | May 14, 2013 | | 13:38 EDT | | VLKAY | Ford, GM get high marks in consumer survey, Automotive News says
Subscribe for More Information | | | 10:20 EDT |  | DDAIF | Daimler AG management to meet with JPMorgan
Subscribe for More Information | | | | 06:12 EDT | | VLKAY, DDAIF | Audi sales growth surges in China, Bloomberg reports
Subscribe for More Information | | | May 11, 2013 | | 14:09 EDT | | FIATY | Chrysler recalling 469,00 vehicls on gear shift glitch, Reuters says
Subscribe for More Information | | | 13:13 EDT | | VLKAY | Western car makers losing ground in India, WSJ says
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