Harman International Industries Inc./DE/ (NYSE:HAR) launches Mazda3 in North America and Europe


Boston, MA, 07/01/2013 (financialstrend) – Harman International Industries Inc./DE/ (NYSE:HAR) had made a recent announcement that the new Mazda3 to be launched in North America and Europe by this fall would enable the users to have access to the free service provided by Aha and would also provide for the choice from over 40000 information and audio stations included in the service. The Mazda drivers can now use the Aha service, which is based on the Cloud Platform developed by Harman International Industries Inc. /DE/ (NYSE:HAR), to access wide range of internet services.

The user interface had also been designed with safety and provides wide range of functions for the drivers to choose from. They could now have access to radio stations, news, information, Facebook and Twitter feeds, Internet music services and number of other features through this new 2014 Mazda3.

Shares of Harman International Industries Inc./DE/ (NYSE:HAR) surged by 1.08 percent to close at $54.20 on Friday. The opening price for the stock was at $53.47 per share and thereafter fluctuated between $53.11 and $55.17 throughout the day. The 52 week low price of Harman International Industries Inc./DE/ (NYSE:HAR) is at $36.82 and 52 week high is readjusted to new value at $55.17 per share.

With around 67.96 million shares outstanding in the market, Harman International Industries Inc. /DE/ (NYSE:HAR) presently has a market cap of $3.68 billion. The company had witnessed the trade on 1.04 million shares on Friday, which was huge compared to the average trading volume at 663,478 shares per day. The institutional investors contribute to around 102 percent of the total capital of Harman International Industries Inc. /DE/ (NYSE:HAR).

Harman International Industries Inc. /DE/ (NYSE:HAR) is primarily engaged in the design, manufacturing and sales of audio products and related electronic systems. The company operates its business through four major segments namely the Infotainment segment, the Professional Segment, the Lifestyle segment and the other products segment.

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