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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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March 4, 2015
05:37 EDTVOLVYVolvo sells 1.27M shares in Eicher Motors
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March 3, 2015
09:51 EDTNSANYNissan reports February U.S. sales up 2.7% to 118,436 units
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09:00 EDTNSANYNissan reports February U.S. sales up 2.7%, Bloomberg says
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March 2, 2015
08:43 EDTVOLVYMarathon Patent Group enters settlement with Volvo
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February 27, 2015
06:49 EDTNSANYNissan says no major new investment needed to meet U.S. goal, Reuters reports
Nissan will be able to reach its goal of attaining 10% market share in the U.S. without making any major new investments, said Jose Munoz, an executive vice president at Nissan and the chairman of its North American arm, according to Reuters. Reference Link
06:37 EDTNSANYNissan president to emphasize customer service, dealerships, WSJ says
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February 26, 2015
10:39 EDTNSANYOrbital ATK selected by 10 automakers to investigate Takata airbags
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February 24, 2015
07:32 EDTVOLVYUBS to hold a field trip
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