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Stock Market & Financial Investment News

News For VLKAY;PEUGY;FIATY From The Last 14 Days
Check below for free stories on VLKAY;PEUGY;FIATY the last two weeks.
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April 24, 2014
06:54 EDTFIATYTesla looks to hire workers for ex-Chrysler California plant, Bloomberg says
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06:37 EDTVLKAYVW's Scania offer backed by truck-maker's fourth largest owner, Bloomberg says
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April 23, 2014
06:50 EDTVLKAYVW up against rising Scania offer opposition from Alecta, Bloomberg says
Volkswagen is up against increasing opposition to its $9.3B offer for the rest of heavy-truck manufacturer Scania after the company's third-largest shareholder, Sweden's Alecta, rejected the bid, according to Bloomberg, citing comments on the Swedish shareholder's website. Reference Link
April 22, 2014
06:53 EDTVLKAYUAW abandons challenge to vote lost at VW Tennessee factory, Bloomberg says
The United Auto Workers abandoned its challenge to a February vote in which Volkswagen employees in Tennessee declined representation, which crushed one of labor’s best attempts at organizing a foreign-owned vehicle manufacturing plant in the U.S, according to Bloomberg, citing comments UAW president Bob King. King said, “The UAW is ready to put February’s tainted election in the rearview mirror and instead focus on advocating for new jobs and economic investment in Chattanooga." Reference Link
April 21, 2014
08:15 EDTVLKAYVW manager says company agrees to budget vehicle concept, Reuters says
Volkswagen has agreed to the basic concept and design of a budget car for emerging markets, which brings the project's completion a step closer after a long battle to meet expense goals for the car, according to Reuters, citing comments from a company manager. Reference Link
06:31 EDTFIATYFiat and Chrysler to start building Jeeps in China in late 2015, WSJ reports
Fiat and Chrysler are looking to build Jeep vehicles for China in the country beginning in late 2015, the Wall Street Journal reports. The Jeeps will be manufactured through a joint venture between Fiat and Guangzhou Automobile. Reference Link
April 20, 2014
17:02 EDTVLKAYVolkswagen looks to sell more than 3.5M vehicles in China in 2014, WSJ says
Volkswagen is targeting sales of more than 3.5M vehicles in China this year, says the Wall Street Journal. China accounted for more than one-third of global deliveries in 2013 for the German carmaker, added the Wall Street Journal. Reference Link
April 17, 2014
08:10 EDTVLKAYJapanese, German car manufacturers benefiting on Korea deal, Reuters says
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07:58 EDTFIATY, VLKAY, PEUGYEU vehicle sales turnaround fails to stop price war, Reuters says
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06:41 EDTFIATYJeep exec says China production deal expected by April's end, Reuters says
Fiat will announce a deal by the end of the month to grant production of Jeep vehicles in China, according to Reuters, citing comments from the head of the Jeep brand, Mike Manley. Reference Link
06:13 EDTVLKAYVolkswagen may decide soon on U.S. SUV, WSJ reports
Michael Horn, the head of Volkswagen's American operations, says a decision on whether the company will make a new SUV in the U.S. could come within the next several months, the Wall Street Journal reports. Reference Link
April 16, 2014
06:43 EDTFIATYMaserati mulls addition of Alfieri after orders increase, Bloomberg says
Maserati will most likely boost production and add the Alfieri sports car to its lineup after advance sales at Italian car manufacturer have nearly tripled over last year's deliveries, according to Bloomberg, citing people familiar with the matter. Maserati is owned by Fiat. Reference Link
April 15, 2014
07:11 EDTFIATYPorsche's success shadows Maserati sales revamp, Reuters says
As Fiat (FIATY) looks to revamp its small Maserati brand as a serious competitor to the world's luxury vehicle manufacturers, the pressure to succeed is shadowed by the the success of Germany's Porsche (POAHY), reported Reuters. Reference Link
07:07 EDTPEUGYPeugeot slices product line, expenses in turnaround plan, Reuters says
Peugeot is set to almost halve its product line and focus investment on new technology in an effort to return to profit, according to Reuters, citing comments from the automotive company's new boss Carlos Tavares. Tavares promised to slice costs and excess plant capacity to stop losses by 2016. Reference Link
April 11, 2014
11:02 EDTVLKAYVolkswagen says delivered 2.4M vehicles in Q1
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07:31 EDTFIATY, VLKAYChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
06:40 EDTVLKAYGM surpasses VW in Q1 China sales, Bloomberg says
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April 10, 2014
06:32 EDTVLKAY, FIATYAutomakers have recalled nearly 15M vehicles since start of year, WSJ reports
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