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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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February 18, 2015
06:38 EDTFIATYCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link

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