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Stock Market & Financial Investment News

News Breaks
March 13, 2014
06:36 EDTTM, VLKAYVW 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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March 3, 2015
13:22 EDTVLKAYMarchionne says he has ideal merger partner in mind, Reuters reports
Fiat Chrysler (FCAU) is exploring various options for M&A activity, said the company's CEO,Sergio Marchionne , according to Reuters. Marchionne added that he had an ideal partner in mind, and would not disclose its identity, but said that it is not Volkswagen (VLKAY), the news service reported. Reference Link
10:51 EDTVLKAYVolkswagen reports February U.S. sales down 5.2% to 25,710 units
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10:47 EDTTMToyota reports February U.S. sales up 13.3% to 180,467 units
Toyota, Scion and Lexus reported total February sales results of 180,467 units, an increase of 13.3% from February 2014 on a volume basis.
05:52 EDTTMToyota promises to stay profitable in Russia, Financial Times reports
Toyota has vowed to stay profitable in Russia although the company expects a 28% drop in the car market in the country, reports the Financial Times. Toyota's president and CEO of Toyota in Europe Didier Leroy said, “Many carmakers now say there is no way — people will lose money in Russia. And we say no way — we will not lose money in Russia ." Reference Link
February 26, 2015
10:39 EDTTMOrbital ATK selected by 10 automakers to investigate Takata airbags
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February 25, 2015
07:20 EDTVLKAYVolkswagen CEO views Renschler, Diess as possible successors, Reuters reports
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06:33 EDTTMToyota says union salary demands 'impossible,' Reuters reports
Toyota said today that it would not be able to meet union demands for a $112 increase in monthly pay, according to Reuters. The statement came at the end of the first day of the company's talks with worker representatives, the news service stated. Reference Link
February 24, 2015
13:13 EDTTM, VLKAYTesla Model S named 'best overall' by Consumer Reports
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