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Stock Market & Financial Investment News

News Breaks
January 2, 2013
10:37 EDTVLKAY, PEUGY, FIATY, VOLVYEuropean vehicle sector to be challenged by China in 2013, FT says
The European auto sector faces headwinds in 2013, as China is poised to manufacture more cars than Europe for the first time, says the Financial Times. Reference Link
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July 11, 2014
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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July 10, 2014
09:56 EDTFIATYFord, Fiat Chrysler inquire about EU changes, FT says
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06:34 EDTVLKAYChina exempts new energy cars from sales tax, Xinhua reports
China announced yesterday that new energy cars would be exempt from a 10% sales tax starting in September, according to Xinhua. The tax will not have to be paid by buyers of qualified pure electric cars, plug-in hybrid electric cars and fuel cell cars from September 1, 2014 until the end of 2017, the news service quoted the Chinese government as saying. Tesla (TSLA), Volkswagen (VLKAY), and Kandi Technologies (KNDI) are among the companies that are poised to benefit from the decision. Reference Link
July 9, 2014
09:47 EDTVLKAY, FIATYNew car sales in India rose 15% in June, WSJ reports
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