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Stock Market & Financial Investment News

News Breaks
March 13, 2014
06:36 EDTVLKAY, TMVW projects 10M deliveries in FY14 on 100-model push, Bloomberg says
Volkswagen (VLKAY) aims to sell more than 10M vehicles in FY14, which is four years earlier than anticipated, as the carmaker accelerates model introductions in an effort to overtake Toyota (TM) as the industry leader, according to Bloomberg, citing comments from VW CEO Martin Winterkorn. Reference Link
News For VLKAY;TM From The Last 14 Days
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April 1, 2015
11:10 EDTVLKAYVolkswagen reports March U.S. sales down 18.2% to 30,025 units
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10:13 EDTTMToyota reports March U.S. sales up 4.9% to 225,959 units
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March 30, 2015
12:58 EDTTMToyota launches new vehicles, automated safety features
Toyota will reveal its first-ever RAV4 Hybrid SUV, while Lexus unveils its all-new fourth-generation RX luxury crossover SUV, Toyota stated earlier today. Both debuts will mark the arrival of new, multi-feature, integrated safety packages, each anchored by automated pre-collision braking and offered at a price dramatically below comparable systems across the auto industry, the automaker stated. Toyota Safety Sense and Lexus Safety System+ are designed to support the driverís awareness, decision making and vehicle operation over a wide range of speeds, Toyota stated. Packaged together in an integrated system, their features help address three key areas of accident protection: preventing or mitigating rear collisions, keeping drivers within their lane, and enhancing road safety during night time driving, according t othe company.
March 27, 2015
06:27 EDTTMToyota unveils new manufacturing process, WSJ says
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March 23, 2015
09:05 EDTTMToyota to partner with I.D. Systems on new VMS
Toyota (TM) Material Handling, U.S.A., and I.D. Systems (IDSY) have executed a strategic partnership agreement to develop and deploy a new wireless industrial Vehicle Management System, or VMS. The new VMS will be marketed through the Toyota Industrial Equipment umbrella in North America under the "T-Matics" brand. The T-Matics products were officially launched to Toyota dealers on March 3.
07:37 EDTVLKAYVolkswagen to cut at least 150 workers at Russian plant, Reuters reports
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March 22, 2015
17:42 EDTTMToyota close to approving Mexico plant, Reuters says
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March 20, 2015
05:57 EDTVLKAYLand Rover recalls 36K SUVs following CCTV report, Financial Times says
Tata Motors' (TTM) Jaguar Land Rover is recalling more than 36K SUVs in China, reports the Financial Times. The recall comes after CCTV singled out Jaguar Land Rover of faliing to respond to customer complaints about faulty gearboxes. CCTV's report also accused Nissan (NSANY), Volkswagen (VLKAY), and Mercedes-Benz's China joint ventures on alleged overcharging by service outlets. Reference Link
March 19, 2015
10:20 EDTVLKAYReport: Volvo may oust CEO Olof Persson in next 1-2 weeks, Reuters says
Volvo (VOLVY) may oust CEO Olof Persson as the automaker faces lower profit, reports Reuters, citing a Swedish business daily Dagens Industri report. According to unnamed sources, an announcement about the CEO's departure could come within one or two weeks. One likely successor could be Volkswagen's (VLKAY) Scania head Martin Lundstedt. Reference Link

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