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Stock Market & Financial Investment News

News Breaks
June 6, 2014
07:18 EDTFIATYChrysler recalls over 10K SUVs citing cruise control issue, Reuters says
Chrysler issued a recall for approximately 10,700 sport utility vehicles to amend a defect that leads to unintentional acceleration in cruise-control mode, according to Reuters, citing a company statement. The cars being recalled are certain 2014 Dodge Durangos and Jeep Cherokees, Grand Cherokees and high-performance Grand Cherokee SRTs manufactured between January 16 and April 17. 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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