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May 6, 2014
06:47 EDTFIATYFiat Chrysler depends on Alfa overhaul, Jeep to gain momentum, Reuters says
Fiat (FIATY) Chrysler will manufacture Jeeps in China and Brazil and it foresees investing billions of euros to make-over its Alfa Romeo sports-car brand in an effort to show investors it can turn the vehicle-manufacturer into a thriving world-wide business, according to Reuters, citing comments from the company's CEO Sergio Marchionne. Marchionne is set to reveal the group's five-year business plan. Reference Link
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December 15, 2014
13:16 EDTFIATYUAW head looking for wage hikes in new contract, Automotive News says
Veteran auto workers should get a wage increase in a new contract, while the compensation of newly hired employees should move closer to that of longer serving workers, UAW President Dennis Williams said today, according to Automotive News. Williams said he is not considering launching a strike when the auto workers' contact ends in September, the website added. Publicly traded companies in the space include Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY).Reference Link
06:55 EDTFIATYTakata tightening restrictions on suppliers, Reuters reports
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