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Stock Market & Financial Investment News

News Breaks
January 26, 2013
14:16 EDTNSANY, VOLVYVolvo in JV with China's Dongfeng Motor Group
Volvo (VOLVY) has signed an agreement with the Chinese vehicle manufacturer Dongfeng Motor Group, DFG, to acquire 45% of a new subsidiary of DFG, Dongfeng Commercial Vehicles, DFCV, which will include the major part of DFG's medium- and heavy-duty commercial vehicles business. At completion of the transaction, the Volvo Group will become the world's largest manufacturer of heavy-duty trucks.The purchase consideration amounts to RMB5.6B. The goal is to complete the transaction as soon as possible and completion is expected to take place within approximately 12 months from today.The transaction with DFG follows the recent agreement between DFG and Nissan Motors (NSANY), in which DFG purchased the medium- and heavy-duty commercial vehicle operation from the joint venture DFL, owned jointly by DFG and Nissan Motors.
News For VOLVY;NSANY From The Last 14 Days
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July 1, 2015
09:42 EDTNSANYNissan reports June U.S. sales up 13.3% to 124,228 units
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09:04 EDTNSANYNissan reports June U.S. sales up 13.3%, Bloomberg says
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06:47 EDTNSANYToyota, Nissan, Honda pushing more fuel cell vehicles on roads, AP reports
Toyota (TM), Nissan (NSANY), and Honda (HMC) are collaborating to get more fuel cell vehicles on roads in what they call Japans push towards a hydrogen society, the Associated Press reports. The companies pledged up to $90,000 per hydrogen station per year, including building and maintenance, the report says. Reference Link
June 29, 2015
14:57 EDTNSANYTakata asks carmakers to delay price cut requests, Nikkei says
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11:52 EDTNSANYNissan recalling 12K cars in India for engine problems, The Times of India says
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June 25, 2015
10:01 EDTNSANYTrueCar Tprjects retail auto sales to consumers up 7.9% in June
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07:01 EDTNSANYToyota, Nissan expanding air bag recalls worldwide, Reuters reports
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June 24, 2015
17:57 EDTNSANYWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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10:00 EDTVOLVYOn The Fly: Analyst Upgrade Summary
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05:26 EDTVOLVYVolvo upgraded to Buy from Neutral at Goldman
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June 19, 2015
10:50 EDTNSANYEPA proposes new rules for medium- and heavy-duty truck emissions
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