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Stock Market & Financial Investment News

News Breaks
October 22, 2012
06:45 EDTVLKAY, DDAIFAudi's advance may help Mercedes in U.S., Bloomberg reports
Volkswagen's (VLKAY) Audi could help Daimler AG's (DDAIF) Mercedes-Benz pass BMW in the U.S. luxury vehicle sales race, reports Bloomberg. Reference Link
News For VLKAY;DDAIF From The Last 14 Days
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June 18, 2013
10:54 EDTVLKAYEuropean auto sales decline to 20 year low, Reuters says
European car sales decreased in May to their lowest level for the month in 20 years, says Reuters. Data from the Association of European Carmakers showed Germany, France and Italy, suffered almost double-digit percentage declines in May, Reuters added. Reference Link
06:04 EDTDDAIFDaimler AG upgraded to Buy from Hold at Natixis
June 17, 2013
08:06 EDTVLKAYQatar Holding sells 10% Porsche voting stake back to families, FT reports
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June 14, 2013
11:57 EDTVLKAYVolkswagen delivers 3.87M vehicles from January to May
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June 13, 2013
11:55 EDTDDAIFData shows NAV truck market struggled in May, says Wells Fargo
Wells Fargo says Ward's U.S. retail sales data for May shows that NAV continues to struggle with market share amid the engine technology transition. Class 8 truck market share for May dropped to 12.5% from 15.0% in April, with PACCAR (PCAR) and Volvo (VOLVY) gaining share and Daimler (DDAIF) losing share, Wells noted, citing Ward's data.
June 12, 2013
12:21 EDTVLKAYVolkswagen sells convertible debt for expansion push, Bloomberg says
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June 10, 2013
12:45 EDTDDAIFDaimler, Evonik consider selling e-car battery venture, WSJ says
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05:46 EDTVLKAYVolkswagen upgraded to Buy from Neutral at Citigroup
June 9, 2013
17:10 EDTDDAIFDaimler plans to cut IT spending by EUR150M each year, Reuters says
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June 7, 2013
07:10 EDTVLKAY, DDAIFEuropean auto industry worried about China trade duties, Reuters reports
The European auto industry (VLKAY, DDAIF, PEUGY) is concerned China could impose retaliatory trade duties on luxury cars imported from the EU, should the EU Commission not back down over unfair trade practices in China, reports Reuters. Reference Link
06:10 EDTDDAIF, VLKAYOn the Fly: Periodicals Wrap-Up
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06:04 EDTVLKAYMAN SE chairman sees legal fight over Volkswagen offer price, Bloomberg reports
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June 6, 2013
08:22 EDTDDAIFDaimler, BMW to skip summer production breaks, Bloomberg reports
Daimler (DDAIF) will not take its traditional summer breaks at most of its car factories with models like the revamped Mercedes-Benz E-Class keeping assembly lines busy even as European auto demand falls to a 20-year low, reports Bloomberg. BMW is also either preparing for new models or keeping plants churning out cars to meet demand. This contrasts with factory shutdowns and job cuts at such as PSA Peugeot Citroen (PEUGY) and Ford (F). Reference Link

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