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Stock Market & Financial Investment News

News Breaks
January 30, 2014
05:56 EDTFIATYFiat chairman: Moving tax base to U.K. to attract U.S. investors, Reuters says
Fiat Chairman John Elkann says thecompany wants to establish the tax domicile of the new Fiat Chrysler Automobiles group in the U.K. to help attract American investors, according to Italian daily La Stampa, reports Reuters. The car maker said the holding group would be registered in the Netherlands and have its tax domicile in Britain. 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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