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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
News For FIATY From The Last 14 Days
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April 17, 2014
07:58 EDTFIATYEU vehicle sales turnaround fails to stop price war, Reuters says
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06:41 EDTFIATYJeep exec says China production deal expected by April's end, Reuters says
Fiat will announce a deal by the end of the month to grant production of Jeep vehicles in China, according to Reuters, citing comments from the head of the Jeep brand, Mike Manley. Reference Link
April 16, 2014
06:43 EDTFIATYMaserati mulls addition of Alfieri after orders increase, Bloomberg says
Maserati will most likely boost production and add the Alfieri sports car to its lineup after advance sales at Italian car manufacturer have nearly tripled over last year's deliveries, according to Bloomberg, citing people familiar with the matter. Maserati is owned by Fiat. Reference Link
April 15, 2014
07:11 EDTFIATYPorsche's success shadows Maserati sales revamp, Reuters says
As Fiat (FIATY) looks to revamp its small Maserati brand as a serious competitor to the world's luxury vehicle manufacturers, the pressure to succeed is shadowed by the the success of Germany's Porsche (POAHY), reported Reuters. Reference Link
April 11, 2014
07:31 EDTFIATYChina auto sales growth slowed in March, WSJ reports
The China Association of Automobile Manufacturers said 1.71M passenger vehicles were sold there in March, which was up 7.9% from a year earlier but a slower growth rate than the 11% year-over-year increase seen in the January-to-February period, reported The Wall Street Journal. The association cited weak sales of minivans, which fell 23% in the month, as a large factor, the report noted. Publicly traded automakers include Ford (F), General Motors (GM), Fiat (FIATY), Honda (HMC), Toyota (TM), Nissan (NSANY) and Volkswagen (VLKAY). Reference Link
April 10, 2014
06:32 EDTFIATYAutomakers have recalled nearly 15M vehicles since start of year, WSJ reports
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