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Stock Market & Financial Investment News

News For VLKAY;PEUGY;FIATY;VOLVY From The Last 14 Days
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October 31, 2014
06:37 EDTVLKAYVW, Daimler diminish rumors about possible CEO succession, Reuters says
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October 29, 2014
06:40 EDTVLKAYWatchdog says Volkswagen issued recall for China Audis, Reuters says
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October 27, 2014
14:37 EDTFIATYToyota tops Consumer Reports survey, Reuters says
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06:53 EDTVLKAYVolkswagen up against China protests after recall, Bloomberg says
After Volkswagen announced that it will recall over 581K New Sagitar and Beetle cars due to a rear torsion crank axle defect, the vehicle manufacture is up against country-wide protests in China, according to Bloomberg, citing comments from Volkswagen China’s executive president Soh Weiming. Reference Link
06:17 EDTVLKAYToyota leads over Volkswagen and GM in global vehicle sales, AP reports
Toyota (TM) continues to lead rivals Volkswagen (VLKAY) and General Motors (GM) as the world's top selling automaker in the first nine months of the year, reports the Associated Press. Toyota reported record sales of 7.62M vehicles, up 3% from last year. Volkwager said earlier this month it sold 7.4M vehicles in the nine-month period while GM reported 7.37M cars and trucks worldwide in the same period. Reference Link
October 24, 2014
05:18 EDTVOLVYVolvo reports Q3 EPS SEK 0.74 vs. SEK 0.68 last year
Reports Q3 revenue SEK 67.2B vs. SEK 64.9B last year. Volvo CEO Olof Persson stated, “The activities within the Strategic Program 2013-2015 are being implemented as planned. We have identified additional opportunities to reduce our structural cost level and we are therefore increasing the scope of our strategic program with the following activities: Implement further cost-reduction activities in Volvo CE, reorganize Group Trucks Sales in order to increase efficiency and reduce costs and review what is core and non-core in in our IT operations.”
October 23, 2014
10:08 EDTVLKAYAudi issues recall for 850K A4 vehicles due to airbag defect, WSJ says
Audi (AUDVF), a subsidiary of Volkswagen (VLKAY), announced the issuance of a global recall for 850K Audi A4 vehicles due to the need to fix faulty airbags, according to The Wall Street Journal, citing comments from an Audi spokesman. The car company noted that this defect is not related to the worldwide car recall relating to Takata's airbags. Reference Link
07:58 EDTVLKAYAutomakers under increased scrutiny after wide ranging air bag recall, WSJ says
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October 22, 2014
06:42 EDTVOLVYVolvo management to meet with Piper Jaffray
Meetings to be held in San Francisco on October 28 and in Los Angeles on October 29 hosted by Piper Jaffray.
October 17, 2014
05:59 EDTVLKAYVolkswagen, partner recall over 581,000 vehicles in China, WSJ reports
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