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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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November 21, 2014
08:14 EDTNSANYHonda warned Takata on airbags years before recalls, WSJ reports
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November 20, 2014
07:57 EDTNSANYIIHS crash tests results for minivans 'one of the worst', CNBC says
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November 19, 2014
06:51 EDTNSANYRegulators push automakers for wider airbag recall, NY Times says
The National Highway Traffic Safety Administration urged automakers to recall all U.S. vehicles with airbags made by Takata, according to The New York Times. The recall of of vehicles with the airbags has been limited to two states and two territories associated with high humidity, the newspaper stated. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
05:38 EDTVOLVYVolvo reports Oct. truck deliveries down 5% to 22,244 vehicles
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November 18, 2014
17:37 EDTNSANYNHTSA wants 'millions of vehicles' recalled due to Takata air bags, CNBC reports
The National Highway Traffic Safety Administration, or NHTSA, is calling for a nationwide recall of "millions of vehicles" due to Takata air bags that could inflate with too much force and injure drivers, reports CNBC. The NHTSA stated that the agency will "use the full extent of its statutory powers" if the recall is not conducted quickly, CNBC added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
November 12, 2014
06:27 EDTVOLVYVolvo to slash 3,000 employees as part of savings plan, Reuters reports
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November 11, 2014
10:00 EDTVOLVYOn The Fly: Analyst Initiation Summary
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05:29 EDTVOLVYVolvo initiated with an Underperform at Jefferies
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November 10, 2014
15:57 EDTNSANYWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
11:16 EDTNSANYNissan to hire 1,000 more workers, Automotive News says
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November 9, 2014
18:34 EDTVOLVYVolvo begins XC60 production in China, Reuters says
Volvo Car Group, which is owned by Geely, said it is beginning production of its XC60 crossover at its plant in Chengdu, furthering its goal of supplying locally-produced cars in China, says Reuters. Reference Link
15:59 EDTNSANYNissan expands recall over potentially faulty air bags, Bloomberg says
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