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Stock Market & Financial Investment News

News Breaks
January 14, 2014
07:31 EDTFIATYFiat CEO Marchionne outlines his goals fo rmerged companies, WSJ reports
Fiat CEO Sergio Marchionne outlined what he plans to complete by the end of Q1 as Fiat and Chrysler merge, reports the Wall Street Journal. Fiat Chairman John Elkann said that Marchionne committed to stay at the company for at least another three years, longer than originally planned. Topping his list are deciding on the design and production site for a new Chrysler minivan, completing a deal with a Chinese partner to build Jeeps in Asia, and deciding whether to expand output at a Jeep plant in Toledo, OH by increasing production of the Jeep Wrangler. 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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