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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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April 16, 2015
18:42 EDTNSANYNissan expands Sentra recall by 45,000 vehicles, Bloomberg says
Following an airbag injury last month, Nissan (NSANY) is adding 45,000 vehicles to a previous recall of its Sentra model, reports Bloomberg, citing a company spokesperson. The recall now encompasses 2004 through 2006 models in U.S. states with high humidity levels. Bloomberg notes that the airbag may have been manufactured by Takata (TKTDY), a company involved in an ongoing investigation into its airbag quality. Reference Link
06:33 EDTNSANYToyota engineer says charging electric cars quickly impractical, Reuters says
Charging electric vehicles quickly would place too much pressure on the electricity grid, Yoshikazu Tanaka, chief engineer of Toyota's hydrogen fuel-cell car Mirai, said, according to Reuters. If a car received enough electricity in 12 minutes to travel 310 miles, it would probably consume enough electricity to power 1,000 houses, the news service quoted Tanaka as saying. Prominent makers of electric cars include Tesla (TSLA), Nissan (NSANY), and GM (GM).Reference Link
April 15, 2015
11:21 EDTNSANYMobileye rises after Morgan Stanley, Deutsche Bank hike price targets
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April 10, 2015
10:54 EDTNSANYNissan recalls 76,242 model year 2014 Nissan Rogue vehicles for fuel pump
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April 9, 2015
06:07 EDTNSANYGM to temporarily halt production of Chevrolet Volt, WSJ reports
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April 7, 2015
13:32 EDTNSANYDaimler, Nissan announce pickup truck partnership
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06:27 EDTNSANYNissan to offer automatic braking as standard feature in Japan, Reuters reports
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April 6, 2015
13:20 EDTNSANYU.S. probing 360,000 Nissan vehicles over alleged accelerator problems
The National Highway Traffic Safety Administration, or NHTSA, has opened a probe of problems with the accelerator pedals in 360,000 of Nissan's Versa and Versa Note vehicles, the agency stated today. The problems allegedly cause "delayed brake application and sometimes brief incidents of unwanted acceleration," the NHTSA reported. Reference Link

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