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Stock Market & Financial Investment News

News Breaks
February 16, 2014
13:50 EDTVLKAYUAW says Volkswagen workers at Chattanooga plant reject union
On its website, the UAW posted a press release saying: "Workers at Volkswagen’s Chattanooga plant today have voted against union representation that would have led to the establishment of a works council that would have been the first such model of labor-management relations in the United States. At the end of voting on Friday, Volkswagen workers voted against joining the union in a vote of 712 to 626. The decision follows three days of voting during an election supervised by the National Labor Relations Board and comes amid a firestorm of interference and threats from special interest groups." Reference Link
News For VLKAY From The Last 14 Days
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July 17, 2014
07:50 EDTVLKAYBiggest Fiat stakeholder denies possible VW acquisition, Bloomberg says
Fiat's (FIATY) largest stakeholder, the Agnelli family, said that there were no talks regarding a merger between the Italian car manufacturer and Volkswagen (VLKAY), according to Bloomberg, citing a spokesman for Exor, the Agnelli family's investment firm. Exor owns 30% of Fiat’s shares and was responding to a report by Germany’s Manager Magazin. Reference Link
06:44 EDTVLKAYReport says VW in talks to buy Fiat, Reuters says
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July 15, 2014
09:14 EDTVLKAYVW CEO aiming for $6.8B in savings to boost profitability, Bloomberg says
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07:57 EDTVLKAYVolkswagen says new midsize SUV to be produced in Chattanooga, TN
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06:27 EDTVLKAYAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
09:16 EDTVLKAYVolkswagen poised to invest $900M in Tennesee facility, WSJ says
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06:31 EDTVLKAYVolkswagen expected to unveil details of new SUV for U.S. market, WSJ reports
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July 11, 2014
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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July 10, 2014
06:34 EDTVLKAYChina exempts new energy cars from sales tax, Xinhua reports
China announced yesterday that new energy cars would be exempt from a 10% sales tax starting in September, according to Xinhua. The tax will not have to be paid by buyers of qualified pure electric cars, plug-in hybrid electric cars and fuel cell cars from September 1, 2014 until the end of 2017, the news service quoted the Chinese government as saying. Tesla (TSLA), Volkswagen (VLKAY), and Kandi Technologies (KNDI) are among the companies that are poised to benefit from the decision. Reference Link
July 9, 2014
09:47 EDTVLKAYNew car sales in India rose 15% in June, WSJ reports
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July 8, 2014
06:31 EDTVLKAYVolkswagen Passenger Cars delivers over 3M vehicles in 1H
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