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Stock Market & Financial Investment News

News Breaks
July 1, 2014
06:25 EDTFIATYChysler broadens faulty switch recall by 696K cars, Reuters says
U.S. safety regulators announced a broadening of a previous recall by 695,957 vehicles which includes more model years of Fiat Chrysler cars that have defected ignition switches, according to Reuters, citing a statement from Chrysler. 2008-2009 Dodge Grand Caravans and Chrysler Town & Country minivans along with 2009 Dodge Journey crossover models have been added to the previous recall. 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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