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Stock Market & Financial Investment News

News Breaks
April 2, 2014
05:53 EDTTM, VLKAYVolkswagen may set up first car plant in Thailand, Bloomberg reports
According to sources, Volkswagen (VLKAY) is considering setting up its first car factory in Thailand, Bloomberg reports. The automaker is said to be looking to participate in a government program that offers tax exemptions from automakers who invest at least $200M in local manufacturing. The company would compete with Toyota (TM) in the region. 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 EDTVLKAY, TMTesla Model S named 'best overall' by Consumer Reports
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February 18, 2015
06:38 EDTVLKAY, TMCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link

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