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Stock Market & Financial Investment News

News Breaks
January 10, 2014
05:56 EDTFIATYFiat to focus on Alfa Romeo after Chrysler merger, Reuters reports
Fiat will focus on revamping Alfa Romeo after its planned merger with Chrysler and will keep production of the brand in Italy as it looks to revive its European operations and protect jobs, says CEO Sergio Marchionne, according to Italian daily La Repubblica, reports Reuters. Reference Link
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December 15, 2014
13:16 EDTFIATYUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).Reference Link
06:55 EDTFIATYTakata tightening restrictions on suppliers, Reuters reports
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