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Stock Market & Financial Investment News

News Breaks
August 8, 2014
10:52 EDTVLKAYVolkswagen recalls 2009 Routans due to ignition defect
The company said that it is recalling 2009 Routan vehicles due to an ignition defect. The key fob should be removed from the key ring. Road conditions or some other jarring event may cause the ignition switch to move out of the run position, turning off the engine. If the ignition key inadvertently moves into the "off" or "accessory" position, the engine will turn off, which will then depower various key safety systems including but not limited to air bags, power steering, and power braking. Loss of functionality of these systems may increase the risk of crash and/or increase the risk of injury in the event of a crash. Volkswagen will notify owners, and dealers will modify the ignition switch, free of charge. The recall is expected to begin in August. Reference Link
News For VLKAY From The Last 14 Days
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January 25, 2015
16:46 EDTVLKAYVolkswagen's Audi recalling 80K vehicles, Reuters says
Volkswagen is recalling 80,000 vehicles from its Audi luxury division for problems with the fuel injection system, says Reuters. The car maker said that 35,000 of the affected vehicles are in China, added Reuters. Reference Link
January 21, 2015
19:18 EDTVLKAYLower oil prices could boost car and truck sales, CNBC reports
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January 20, 2015
12:51 EDTVLKAYToyota sees 2015 global sales dropping to about 10.15M units, Nikkei says
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January 13, 2015
07:25 EDTVLKAYNew NHTSA head says 2015 may see more recalls than record-setting 2014, WSJ says
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January 12, 2015
10:00 EDTVLKAYOn The Fly: Analyst Downgrade Summary
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05:34 EDTVLKAYVolkswagen downgraded to Underperform from Neutral at BofA/Merrill
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