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News Breaks | | | | September 27, 2012 | | 06:33 EDT |  | FIATY | Chrysler, CAW reach four-year labor deal, Bloomberg reports
Chrysler Group LLC (FIATY) and the Canadian Auto Workers union reached a four-year labor agreement, thus avoiding a strike and concluding the latest round of negotiations with the major U.S automakers, reports Bloomberg. Reference Link | |
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News For FIATY From The Last 14 Days Check below for free stories on FIATY the last two weeks. |
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| May 17, 2013 | | 07:39 EDT | | FIATY | EU auto sales move into posiitve teritory, FT reports
Auto sales in the European Union in April ended an 18-month losing streak, as hopes are raised that the market’s decline in the continent had finally begun to slow, reports the Financial Times. New registrations in the EU were up 1.7% compared with the same month a year ago, helped by gains in the German and U.K. markets, Europe’s largest by sales.Reference Link | | | 07:11 EDT | | FIATY | Fiat's potential headquarters move to U.S. concerns Italy, Bloomberg reports
 Subscribe for More Information | | | 06:06 EDT | | FIATY | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports. | | | May 16, 2013 | | 05:55 EDT | | FIATY | Pickup truck sales are booming, WSJ reports
Pickup truck buyers are no longer on the sidelines as they return to dealer showrooms, offering millions of dollars in profit and potentially lifelong brand loyalty to Ford (F), GM (GM) or Chrysler Group (FIATY) and rivals, reports the Wall Street Journal. Sales of large pickups are up 20% for the first four months of this year compared with a year ago, bigger gains than in small cars or midsize cars, according to Autodata CorpReference Link | | | May 11, 2013 | | 14:09 EDT | | FIATY | Chrysler recalling 469,00 vehicls on gear shift glitch, Reuters says
Subscribe for More Information | | | May 10, 2013 | | 05:47 EDT | | FIATY | Jeep struggles to gain traction in China, WSJ reports
Chrysler's (FIATY) Jeep, which was one of the first Western auto brands to sell in China, is struggling to reestablish production in their automotive market, reports the Wall Street Journal. Last year, just 46,000 Jeep vehicles were sold in China, a small share of a market of about 19M cars and light trucks. All of the Jeeps were imported from the U.S., their prices inflated by import duties. Reference Link | | | May 7, 2013 | | 06:01 EDT | | FIATY | Fiat plans to invest $7B in Brazil by 2016, Daily Telegraph reports
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