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Stock Market & Financial Investment News

News Breaks
April 2, 2014
09:32 EDTFIATYChrysler recalls 868K SUVs to install brake booster shield
Chrysler Group announced it will recall an estimated 867,795 SUVs to install a shield that protects their brake boosters from corrosion caused by undue water exposure. Chrysler will inspect the brake boosters on certain Jeep Grand Cherokee and Dodge Durango SUVs, model years 2011-2014. The boosters may be replaced if their capability has been reduced.Chrysler launched an investigation after receiving customer feedback about excessive brake-pedal firmness. The investigation discovered certain vehicles have brake boosters with small crimp joints; and these joints may exhibit corrosion when exposed to water. Should water enter the boosters through corroded joints a previously unseen occurrence brake function may be compromised if the water freezes. Chrysler is aware of one related accident and no injuries.
News For FIATY From The Last 14 Days
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October 16, 2014
08:06 EDTFIATYAlmunia says political pressure around Google case 'unprecented,' WSJ reports
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06:34 EDTFIATYChina to punish automakers that miss fuel standards, Reuters reports
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October 13, 2014
06:44 EDTFIATYRegulators seeking banks' auto loan data, Reuters reports
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October 8, 2014
06:37 EDTFIATYFiat head aims to step down from post after 2018, Bloomberg says
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06:34 EDTFIATYFiat boss expects Chrysler deal to make new No.1 vehicle maker, Bloomberg says
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October 7, 2014
12:57 EDTFIATYChrysler recalls Ram C/V Tradesman cargo vans due to air bag defect
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08:30 EDTFIATYChrysler recalls 24,497 2014 Ram ProMaster vans
Chrysler Group LLC is recalling 24,497 model year 2014 Ram ProMaster vans manufactured July 1, 2013, to August 26, 2014. The affected vehicles may have been manufactured with head restraints that exceed the maximum backset measurement limit of 55mm. As such, these vehicles fail to comply with the requirements of the Federal Motor Vehicle Safety Standard No. 202a, "Head Restraints." If the vehicle is struck from behind, the head restraint may not properly limit the seat occupant's head movement rearward, increasing the risk of injury.
06:05 EDTFIATYFiat announces merger effective October 12
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