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It is Chinese car manufacturers, not U.S. ones, that are suffering the most with Chinese sales.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Renault SA ("Renault" or "the Company") (OTC: RNLSY) for violations of §§10(b) and 20(a) of the Securities Exchange Act...
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Renault SA (OTC: RNLSY) resulting from allegations that Renault may have issued materially misleading business...
NEW YORK, Dec. 4, 2018 /PRNewswire/ -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of investors in Nissan Motor Co.
Carlos Ghosn, who is currently being held in Japan while authorities investigate allegations of financial misconduct against the auto industry titan, is likely to remain in police custody for another ten days, according to media reports published Friday.
Stocks closed higher on Monday with Wall Street getting a lift from record Black Friday and Cyber Monday spending and a rebound in oil prices.
U.S. stock futures rise sharply, with Wall Street getting a lift from a record Black Friday spending weekend and as oil prices rebound; Cyber Monday is expected to bring in $7.8 billion in sales, according to Adobe Analytics; Mitsubishi Motors dismisses Carlos Ghosn as chairman; General Motors plans to close all operations in Oshawa, Ontario, says a report.
Nissan said Thursday that its board voted unanimously to dismiss former chairman Carlos Ghosn following his arrest for alleged financial misconduct linked to his role with Japan's second-largest automaker.
Markets Steady, Oil Rebounds, Foot Locker Surges, Mark Zuckerberg Defends Facebook, Renault Drives On - Five Before The Bell
Renault shares rose for the first day in three Wednesday after the automaker appointed an interim leadership team to stand in for Carlos Ghosn, the former CEO who reportedly remains under arrest in Japan as part of a broader investigation into allegations of financial misconduct linked to his role as chairman at Nissan.
Law Offices of Howard G. Smith announces an investigation on behalf of Renault SA ("Renault" or the "Company") (OTC: RNLSY) investors concerning the Company and its officers' possible violations of federal securities laws.
Global stocks extended declines Wednesday, with tech and auto sector shares leading to the downside, as investors exited risk markets all over the world amid persistent signals of slowing economic growth and questions of the fate of U.S. China trade talks.
FAANG stocks are sliding into bear market territory, retail earnings dominate today's corporate calendar, housing starts and building permits will test US rate hike bets, Boston Scientific makes $4.2 billion U.K. play and Carlos Ghosn could be left by the roadside - Five Things You Must Know Before the Bell.
Nissan and Renault are plummeting to new lows after news that Carlos Ghosn was arrested. Ghosn serves as the chairman of Nissan as well as chairman and CEO of Renault.
Nissan CEO Hiroto Saikawa said Monday that chairman Carlos Ghosn has been arrested and that the board will propose removing the world's best-known auto executive at a special meeting Thursday following allegations of "serious misconduct" that followed an investigation in cooperation with Japan's Public Prosecutors Office.
Global stocks traded mixed Monday amid conflicting signals on progress in trade talks between the U.S. and China, a bullish reaction to last week's suggestion from Federal Reserve Vice Chairman Richard Clarida that slowing global growth could tame U.S. rate hikes even as the domestic economy continues to flourish and reports that Renault Nissa boss Carlo Ghosn faces arrest in Japan over charges of financial misconduct.
U.S. stocks futures indicated a firmer open Monday, even as reports suggest Renault CEO Carlos Ghosn faces arrest in Japan after Nissan said he had misused company funds and will be ousted as chairman; Apple is sliding again on fresh iPhone demand reports; U.S.-China trade tensions simmer; Bitcoin falls to a 13-month low and Pfizer plans 2019 durg price hikes.
Global stocks fell hardTuesday as investors focus to slowing economic growth and simmering geo-political tensions ahead of the busiest week of the U.S. earnings season and amid concern that corporate performance will begin to wane into the final months of the year.
Daimler AG posted weaker-than-expected third quarter earnings Friday, and said full-year profits at its Mercedes cars division would be "significantly below" 2017 levels, as the world's biggest luxury carmaker continues to struggle with the costs associated with making its diesel fleet compliant with new global regulations.
Shares of German luxury automaker BMW jumped on the news.
European carmakers lead markets higher Tuesday, following last night's rally for U.S. auto stocks on Wall Street, following news of a potential overhaul of the North American Free Trade Agreement that could ease tensions between Washington and Brussels and spare the sector from fresh tariffs.
News of falsified emissions tests have hit Nissan's shares in trading on Monday.
Germany's Handelsblatt newspaper says US Ambassador Richard Grenell told car executives that President Trump has offered a "zero tariff" solution on auto imports that would end an impasse on trade between two of the world's three largest markets.
Global automaker stocks slumped Thursday following the launch of a national security investigation into U.S. car and truck imports by President Donald Trump.
President Donald Trump's decision to launch a national security probe into car and truck imports hit global market sentiment overnight as traders grew increasingly concerned of an escalating trade war.
President Xi Jinping's pledge to significantly lower tariffs on imported vehicles came hours after President Trump on Monday tweeted about China's 25% tariff on cars from the U.S.
Stocks are higher Thursday as investors creep back into risk markets on the the final trading day of a volatile quarter.
Global stocks found their footing overnight, with investors snapping up cheap equities on the final trading day of the quarter, even as broader concerns linked to trade wars and the tech sector cast a cautious tone.
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