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I have covered Plug Power (NASDAQ:PLUG) previously, so investors should view this article as an update to my earlier publishings on the company. (186-1)
Honda Motor Co Ltd will recall roughly 3,50,000 vehicles in China to resolve a cold-climate engine issue and quell a barrage of customer complaints that has hit the automaker over the past month.
Honda Motor Co Ltd will recall roughly 350,000 vehicles in China to resolve a cold-climate engine issue and quell a barrage of customer complaints that has hit the Japanese automaker over the past month.
BEIJING (Reuters) - Honda Motor Co Ltd (7267.T) will recall roughly 350,000 vehicles in China to resolve a cold-climate engine issue and quell a barrage of customer complaints that has hit the Japanese automaker over the past month.
YOKOHAMA (Reuters) - Nissan Motor Co (7201.T) expects China to become its biggest market in terms of vehicle sales by 2022, Chief Executive Officer Hiroto Saikawa said on Thursday, overtaking the United States where the Japanese automaker is struggling to grow profits.
The Japanese company said in a statement Monday it will spend 60 billion yuan ($9.5 billion) alongside its Chinese partner over the next five years. Under the plans, China will overtake the U.S. to become Nissan's biggest market by far.
Last year, Honda’s China sales jumped 15.5 per cent to 1.44 million units, even as overall vehicle market growth slowed to just 3 per cent year-on-year, the weakest in at least two decades. ― Reuters picTOKYO, Feb 2 ― Honda Motor Co Ltd today said it expected China would overtake the United States as its biggest market for cars in the coming years after higher sales in Asia prompted the automaker to raise its full-year profit outlook by 4 per cent. (4-0)
China shares on Tuesday were trying to extend a rally to an eighth straight day and were up at midday, helped by gains for consumer and healthcare firms. At 04:03 GMT, the Shanghai Composite index was up 2.76 points or 0.08 per cent at 3,412.24.
China and Hong Kong stocks rose further on Wednesday. At 04:02 GMT, the Shanghai Composite index was up 30.46 points or 0.91 per cent at 3,378.79. China's blue-chip CSI300 index was up 1.24 per cent. The financial sector sub-index was 1.1 per cent higher, the consumer staples sector was up 1.67 per cent, the real estate index was up 1.69 per cent and healthcare sub-index was up 0.77 per cent. (0-1)
As expected, company failed to execute efficiently on ambitious Q3 deployment schedule causing product gross margins to disappoint. (114-2)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (6-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (4-0)
The third-quarter 2017 earnings season has already started. About 5% of the S&P 500 companies have come up with their results for the quarter ending on Sep 30. However, for the auto sector, which is presently facing myriad challenges, earnings season will begin next week. Per the latest Earnings Trends, only 22 companies from the S&P 500 category have reported earnings results, with year-over-year earnings and revenues growth rate of 27. (3-0)
The Equipment Development Department (EDD) of China’s Central Military Commission (CMC) has signed procurement agreements with a host of national agencies as part of continuing efforts to boost transparency in military acquisitions.
MarketWatch: US stocks sold off on Thursday, with the S&P 500 recording its biggest daily percentage drop in three months as escalating worries about the Trump administration's ability to push through its economic agenda rattled investors. The DJIA ended down 274.14 points, or 1.24%, to 21,750.73, the S&P 500 lost 38.1 points, or 1.54%, to 2,430.01 and the Nasdaq dropped 123.20 points, or 1.94%, to 6,221.